TL;DR Breakdown
• Popular video game developer enters the NFT gaming industry.
• CTA video game to be launched in May following a Ubisoft investment.
The video game agency, Ubisoft, announced plans to invest in “Cross The Ages,” an NFT game. The French company will be committing its resources to support the collection card video game launched a few days ago. The NFT game’s partners include Polygon (MATIC), the co-founder of the Sandbox Metaverse, Sebastian Borget, and Animoca Brands.
Ubisoft’s appearance in the NFT market represents one of the strongest the agency has made since non-fungible parts became popular. CTA will be competing with favorites like Splinterlands, Sorare, and Ether Legends, for the top spot among active NFT games.
Video game company, Ubisoft, hits the NFT market
The specialized cryptocurrency-based news website, CoinDesk, clarifies that CTA would be a free video game that shows virtual decks in NFTs. According to reports, they opened an initial $12 million seed round. CoinDesk also indicates this financing by Ubisoft and other partners in the NFT video game will go towards expansion, hosting, and new business developments.
No one knows exactly how much money the French company contributed to the game or its role as a partner. However, knowing this investment would correspond to the first that Ubisoft makes in its class.
As of 2021, the video game company said it would launch a dedicated interface for purchasing and storing your own NFT tokens.
CTA could be the most relevant new NFT game in the virtual market
Cross The Ages, simplified as CTA, promises to be the most relevant new NFT game. The video game has brought together over 60 virtual artists to create its decks. One detail from the video game is that the interface will offer a KYC function. Players can link their wallets, and the scheme will work through technological agreements, so the NFTs negotiation moves faster.
After the Ubisoft company became associated with CTA, it became known that the video game would be ready by May. The following month, the team behind CTA will launch their virtual cards and some physical cards that players can store. The video game will maintain its free status, although it will also have a payment option that will be revealed later.
NFT games have gained popularity since 2020 through prospects like Axie Infinity and Plants vs. Undead. They are games that offer fun and big wins if the player is skilled enough in NFT trading. CTA could be the most used virtual game in 2022.