Ubisoft has created a new Rabbids game that runs on a “Rabbid” token on the Ethereum blockchain, with proceeds going towards helping UNICEF
Ubisoft has become the first major games company to release a blockchain-based game. Based on Ubisoft’s famous Rabbids — odd-looking rabbit creatures originally from the Rayman franchise — the game has its very own RC-271 token; based on the Ethereum network.
All proceeds from the game will be donated towards UNICEF’s many charities and good causes, a classy touch from the gaming giant. Valued at over $9 billion, Ubisoft is a huge company so this venture represents a massive step forward for blockchain-based integration with gaming.
Ubisoft had been looking at different ways to implement the technology into games but this is the first time that they have been able to create a game solely based around it.
How it works
The game works by users purchasing collectable Rabbids using Rabbid tokens. There are a number of different Rabbids to collect, however, it is not as straightforward as it seems.
In order to purchase a Rabbid, one actually steals it from another person. In the process of buying the Rabbid, it changes into a different form, thus adding an element of chance into users’ collection efforts.
It is not as harsh on the previous holder of the Rabbid as it may look at first glance. A record that the initial holder of the Rabbid had collected that version is logged as a Proof of Plausible Ownership (POPO) certificate. Making the certificates the actual thing users will aim to collect, as more often than not the Rabbid will be quickly stolen from another player.
Blockchain technology, therefore, allows users to keep an immutable record of which Rabbids they have held rather than holding them for long periods of time, as was the issue with other attempts to create blockchain-based games, like Crypto Kitties.
However, Crypto Kitties involved holding your Kitties for long periods of time, which eventually crashed the network due to an overwhelming number of computations. Whereas in the case of Rabbids, the POPO certificates are the objectives, not the actual Rabbids themselves, potentially reducing the strain on the network.
Now that Ubisoft has dipped its metaphorical toe into the blockchain pool, it leaves crypto and gaming enthusiasts alike wondering what their next move into this convergence of sectors will be.