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Due to the bad news, which includes the canceled games and financial challenges, Ubisoft plans to “depreciate around €500m of capitalized R&D”.French video game publisher Ubisoft saw its shares slump 20% after the company shared some bad news. The video game publisher announced delaying the release of its game “Skull
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Oasys, a Web3, EVM-compatible, gamefi-focused blockchain project, launched the first phase of its mainnet on October 25th. The company, which has gathered support from AAA gaming companies such as Sega, Ubisoft, and Bandai Namco, will start validating blocks from all nodes in preparation for its definitive activation slated to happen
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Yves Guillemot, the CEO of French gaming giant Ubisoft appears to have cooled the rhetoric behind the company’s NFT gaming project Quartz, noting in a recent interview that it was merely in “research mode” concerning Web3 tech integrations. It’s a relatively different take from other Ubisoft execs in the past,
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Tech venture capital firm White Star Capital has secured $120 million in funding for its second Digital Asset Fund (DAF II) to invest in crypto networks and early-stage blockchain and Web3 businesses.The fund is primarily backed by game publishing giant Ubisoft and will take a particular focus on decentralized finance
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Marseille, France-based CTA is headed by co-founder and chairman Christophe de Courson, who has worked in blockchain technology and venture capital, and Chiagou, who is also the owner of game producer Pixel Heart, which has produced more than 50 games for platforms such as Nintendo, Xbox and PlayStation. Source
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On February 8, the subsidiary of Animoca Brands and the decentralized gaming virtual world project, The Sandbox, announced the company has partnered with the French video game company Ubisoft. According to the announcement, Ubisoft will have its own land in the virtual metaverse, and the world will begin by featuring
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Nicolas Pouard, vice president at Ubisoft's Strategic Innovations Lab, commented on the negative gamer feedback that Ubisoft received after introducing Quartz and Digits, in an interview with Finder."It's a reaction we are accustomed to. I think it's great because it shows how engaged our players are and how passionate they are about their
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Earlier this year, gaming giant Ubisoft joined the aleph.im network as a core channel node operator after the blockchain-based storage and computing startup became a part of Ubisoft’s Entrepreneurs Lab. On Tuesday, aleph.im announced that it will offer a decentralized storage solution for Ubisoft Quartz in order to further incorporate
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Gaming giant Ubisoft is building non-fungible tokens (NFTs) into its latest “Tom Clancy” title, the company announced Tuesday.And some gamers are peeved.On one side of the argument are crypto investors and observers heralding the move as a bellwether of things to come: The integration marks the first time a mainstream
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Ubisoft, one of the world’s largest video gaming organizations — responsible for creating popular franchise games such as Assassin's Creed, Far Cry, and For Honor — hosted their Q2 earnings call this week, where blockchain was a key topic of discussion.Alongside reporting a 15% increase of unique active players in
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