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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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    Stitch Teams Up with Standard Bank’s Shyft for Instant Wallet Top-Ups in South Africa

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    Kenya Takes Action Against TikTok Following Child Exploitation Exposé

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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

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    Kenyan Tourism Venture Studio Purple Elephant Ventures Increases Seed Round to $5 Million

    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

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    GIIG Partners with SparkRockets to Launch AI-Powered Startup Validation Tool

    Tanzania’s Kilimo BaNDO Revolutionizes Agriculture for Smallholder Farmers

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    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

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    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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    iPhone 16 Sales Surge 20% in China, Signaling a Strong Comeback

    iPhone 16 Sales Surge 20% in China, Signaling a Strong Comeback

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    Grid Africa Secures $2.8 Million for Renewable Energy Initiatives in South Africa

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    Millennials and Gen Z Show Shorter Tenures Despite Clear Career Paths, New Report Shows

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    One Direction Star Liam Payne Dies after Hotel Balcony Fall

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Ubisoft Launches Playable NFTs In Its Video Games

by Eucharia Egwuma
December 10, 2021
in Startups, Tech
Reading Time: 2 mins read
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Ubisoft Launches Playable NFTs In Its Video Games
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French video game giant Ubisoft has launched a platform allowing players to acquire and play non-fungible tokens (NFTs) in its games, in the gaming industry’s first large-scale experiment with blockchain technology.

NFTs are unique digital items that can be traded and are shaking up the worlds of culture and entertainment, having been used in contemporary art, cinema and music projects.

Players in nine countries will be able to acquire “Digits” in limited editions on the Ubisoft Quartz platform from Thursday.

The online tactical shooter game Tom Clancy’s Ghost Recon Breakpoint – whose production budget is similar to that of Hollywood films – will be the first to use them.

Digits are unique collectable objects with their own serial numbers which other players can see.

They can be vehicles, weapons or equipment and can be resold to allow other players to acquire them, even those outside the Ubisoft ecosystem.

“It’s the industrial revolution of tomorrow. With new tools like blockchain and the development of cryptocurrencies, we will be able to create new rules that will apply worldwide,” Ubisoft chief executive Yves Guillemot told the French newspaper Les Echos.

Blockchain technology, which authenticates digital transactions including those of cryptocurrencies, will ensure the tracking of current and future owners of Digits through a property certificate.

Ubisoft has been working on introducing the Digits for four years as part of its goal of working within a “metaverse” virtual reality platform.

“Blockchain is laying the foundations of a new digital economy,” Ubisoft’s blockchain initiatives manager Nicolas Pouard told AFP.

“As a video games actor, we cannot not seize these tools. We see added value for our players in NFTs,” he said.

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