Prepare for GBTC ETF conversion decision
Cronos chain announced a partnership with major game developer Ubisoft on the 18th. Ubisoft will join Cronos as a validator, responsible for approving blockchain operations (governance) and network updates (updates).
Cronos Chain is a layer 1 blockchain operated under the umbrella of a large crypto asset (virtual currency) exchange called Crypto.com. It features EVM (Ethereum Virtual Machine) compatibility built on the Cosmos SDK. Cronos claims its user base is over 1 million.
Web3 startup Cronos Labs, which is leading the development of the Cronos chain, said it hopes to leverage Ubisoft’s expertise to develop blockchain games. Cronos Labs Managing Director Ken Timsit said:
We look forward to being challenged by their team as we move forward on the technical and ecosystem roadmap of the Cronos chain.
connection:Reddit partners with Ubisoft to release NFT avatars for ‘Rabbit’s Party’
What is Ubisoft
Ubisoft was founded in France in 1986. Since then, it has developed popular game series such as Assassin’s Creed and Rainbow Six all over the world. In recent years, he has focused on the Web 3.0 field and is actively working on NFT.
As an activity so far, in February 2010, we announced a partnership with the Metaverse NFT game “Sandbox”. In February 2011, The Sandbox made it possible to play the main characters of the popular game “Rabbit’s Party” as voxel art avatars in the metaverse (virtual space).
In March 2011, “Assassin’s Creed Smart Collectibles” was launched, and in May, an NFT avatar depicting the leading role of “Rabbit’s Party” was released on Reddit, a major bulletin board.
In early July, it announced the development of the tactical role-playing game “Champions Tactics: Grimoria Chronicles” on the Oasys (OAS) blockchain network. This is the company’s first blockchain game, with a release date to be announced soon.
Ubisoft is also one of Oasys’ initial 21 validators, and has been involved since its launch. He has also supported these ecosystems as a validator for Tezos (XTZ) and Hedera Hashgraph (HBAR).
connection:Ubisoft’s First BCG, Oasys-Based Strategy RPG “Champions Tactics” Coming Soon
What is a validator
As an approver, it has a role such as verifying transaction history, and if you fulfill that role, you will be rewarded with virtual currency.