NFT News: Ubisoft is expanding its web3 efforts by collaborating with Animoca Brands’ subsidiary, The Sandbox. However, it is done to bring the popular Rabbids franchise to the metaverse gaming platform.
Ubisoft and The Sandbox are teaming up to release a collection of 2,066 Rabbids avatars, each with its own set of benefits and in-game features. Each NFT will cost 100 SAND, which at the time of writing is approximately $78. Since 2023 is the Year of the Rabbit, The Rabbids’ avatars are based on Chinese New Year themes. On Friday of this week, the designs of the various avatars will be revealed to the buyers. On February 28, The Sandbox will then release a Rabbids game world with a constrained number of playable experiences.
Sandbox considers the Rabbids as key to future utility
The Sandbox describes The Rabbids avatars as a “key to future utility” that gives players access to potential future drops. Last summer, The Sandbox added Rabbids characters to its NFT Institute, as well as Rabbids NFTs and accessories. However, the ability to purchase Rabbids avatars for use in the game marks a significant advancement for the gaming industry. It is big news for the NFT gaming industry.
Get your @RabbidsOfficial Avatar 🪠 playable in 3 all new 𝗥𝗮𝗯𝗯𝗶𝗱𝘀 𝘅 #𝗟𝘂𝗻𝗮𝗿𝗡𝗲𝘄𝗬𝗲𝗮𝗿𝗧𝗦𝗕 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝘀 AND entry into a dedicated prize pool of 100K $SAND for Rabbids holders! 🤯
Coming soon… pic.twitter.com/Zm7RX9Apt6
— The Sandbox (@TheSandboxGame) February 22, 2023
Also Read:The Sandbox Game: Discover SAND Metaverse; Play and Earn NFT Rewards
Ubisoft develops NFT Game Hashcraft
One of the first significant video game publishers to notice Web3 and take action around NFTs was Ubisoft. The French gaming behemoth created a Minecraft-inspired NFT game prototype called HashCraft in 2018. However, the project was eventually shelved.
Additionally, it has invested in the metaverse investment company Animoca Brands and the game developer Horizon. Also, it supported NFT game projects like Axie Infinity and Nine Chronicles. For the PC version of Ghost Recon Breakpoint, Ubisoft introduced Tezos-based NFTs. The “Quartz” NFTs allowed players to gather and trade exclusive weapons and equipment for the squad-based shooter
Ubisoft increases its faith in Web 3 Innovation
Despite some opposition from players when they first entered this market, Ubisoft has increased its commitment to Web 3 innovation. The business is currently moving forward with its plans to provide more sophisticated Web3 and NFT products.
The idea of in-game NFTs is intriguing, even though it’s still unclear what the Rabbids avatar NFTs will provide. Even though some of Ubisoft’s devoted fans may be wary of the switch to Web3 and NFTs because they think it’s a ruse to drive up prices, the addition of practical utilities can be advantageous for both the developers and the players.
Also Read: Defi Kingdoms: An Introduction To The Play-To-Earn Defi Game
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