Ubisoft, a renowned video game developer and publisher, has announced its participation as a node validator in the XPLA ecosystem, demonstrating its intention to explore blockchain technology.
According to the March 7 announcement, Ubisoft’s participation in the ecosystem aligns with its focus on innovation through its Strategic Innovation Lab, which aims to anticipate future trends and capitalize on opportunities presented by “cutting-edge” technologies.
XPLA, a Tendermint-based Layer 1 blockchain, is a hub for digital media content and embodies the concept of “Explore and Play.”
As the announcement notes, the partnership between Ubisoft and XPLA is particularly promising in the gaming industry. Ubisoft’s participation as a validator in the ecosystem is expected to generate “synergies” and contribute to the validation process.
In addition, Ubisoft will actively participate in decisions regarding governance proposals to strengthen the XPLA network further. Leveraging Ubisoft’s expertise in video game creation, the collaboration is expected to mark an important achievement in blockchain networks and the expansion of the Web3 gaming sector.
Paul Kim, the team lead of XPLA, expressed enthusiasm about Ubisoft’s involvement, emphasizing the shared goal of creating a “more transparent” and “trustworthy” Web3 ecosystem. The collaboration aims to deliver an appealing gaming experience to players worldwide. Kim further stated:
We are thrilled to welcome Ubisoft as an XPLA validator. Together, we will cooperate to create a more transparent and trustworthy Web3 ecosystem, striving to provide an attractive gaming experience to players worldwide.
More Industry Players Expected To Follow The protocol development team is also optimistic about the ecosystem’s growth, particularly in gaming and X2E (explore-to-exchange) services.
The protocol reportedly boasts a wide range of titles within the ecosystem, with collaborations such as The Walking Dead: All-Stars, Summoners War: Chronicles, MiniGame Party, and Ace Fishing: Crew already on board, along with the introduction of the first cross-chain game, Idle Ninja Online.
However, the XRPLA team notes that the addition of Ubisoft to the ecosystem is an important step forward. The ecosystem anticipates the involvement of more validators, which will enhance the network’s security and stability.
The daily chart shows the total crypto market cap reaching $2.5 trillion for the first time in over two years. Source: TOTAL on TradingView.com As of now, the total crypto market capitalization has been in a notable uptrend over the past 24 hours, surging to the $2.5 trillion level and marking a two-year high. On the other hand, Bitcoin (BTC), the largest cryptocurrency in the market, is trading at $68,900 as of this writing after briefly touching the $70,000 mark for the first time in history.
Featured image from Shutterstock, chart from TradingView.com
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Ronaldo Marquez Ronaldo is a seasoned crypto enthusiast with over four years of experience in the field. He is passionate about exploring the vast and dynamic world of decentralized finance (DeFi) and its practical applications for achieving economic sovereignty. Ronaldo is constantly seeking to expand his knowledge and expertise in the DeFi space, as he believes it holds tremendous potential for transforming the traditional financial landscape.