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Ubisoft enters the NFT market with Tezos, XTZ price rises by 50%



Ubisoft is entering the NFT market with the “Quartz” platform and is working with the Tezos crypto platform for this. Tezos only uses a fraction of the energy Ethereum needs for NFT minting . The Tezos course (XTZ) rose by 50% after the announcement by Ubisoft.


The game developer announced on Tuesday, December 7th, 2021 that he would launch the NFT platform “Ubisoft Quartz” . The NFTs on the platform are called “Digits”. The first items or in-game items (such as vehicles and weapons) are offered for the game “Ghost-Reacon Breakpoint” and can be traded in-game.


Ubisoft calls Quartz the first "step for the new Metaverse"

According to its own information , Ubisoft has been working on integrating blockchain and crypto technologies into the company for several years. Nicolas Pouard, VP of Ubisoft's Strategic Innovation Lab, described the NFT platform Quartz as “the first building block in the ambitious vision of developing a real metaverse”.


The first three item airdrops will take place on December 9th, 12th and 15th. The digits can be claimed on the Ubisoft Quartz platform and used in Ghost Recon Breakpoint. If you want to have the items, you have to be at least 18 years old, purchase the Ghost Recon Breakpoint PC version on Ubisoft Connect and rise to at least level 5. Further distributions are planned for early 2022, and further details will be announced at a later date.


Tezos course (XTZ) explodes after NFT announcement

Ubisoft works with the Tezos (XTZ) platform to create and manage the NFTs. The Tezos crypto platform uses a proof-of-stake mechanism, which is why it requires significantly less energy than, for example, Ethereum , which is based on the proof-of-work consensus mechanism (i.e. mining). In terms of environmentally friendly, Ubisoft can legitimately score points. Didier Genevois, Ubisoft's Blockchain Technical Director, commented on the collaboration with Tezos as follows in the press release :


“A transaction on the Tezos network consumes the same amount of energy as streaming a video for 30 seconds, while the previous generation of blockchain networks consumed the same amount of energy required for a year of non-stop streaming. Because of this low carbon footprint, both our developers and our players can focus on innovation without compromising sustainability. "



The Tezos or XTZ rate reacted to the news and rose within a few hours from 3.60 euros to over 5 euros. At the time the article was published, the XTZ price was around 4.50 euros.

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