Ubisoft, LayerZero launch network for migrating crypto game assets
The post Ubisoft, LayerZero launch network for migrating crypto game assets appeared on BitcoinEthereumNews.com. This is a segment from The Drop newsletter. To read full editions, subscribe. Remember the “interoperability” gaming dream? Ubisoft is spinning up a Decentralized Verification Network (DVN) to verify crypto assets that are being moved or bridged from one blockchain to another. The company is using LayerZero’s tech — more specifically, its codebase and omnichain messaging protocol — in the deal. The game studio is running its own clients and nodes for its network, however. The DVN means Ubisoft can let players move their NFTs and in-game currencies from one chain to another, which makes them usable with other Ubisoft crypto games (or external games or platforms). It could also make complete migrations from one chain to another easier if Ubisoft ever decided to move one of its blockchain games. Ubisoft may enable cross-chain bridging soon for its fantasy turn-based RPG Champions Tactics: Grimoria Chronicles, which launched using the Oasys EVM blockchain in October 2024. Last year — months before the game launched — LayerZero said it was adding support for Oasys with the end goal of making Champions Tactics “omnichain.” Now, it sounds like that’s actually possible. LayerZero’s tech turns assets in transit into Omnichain NFTs (ONFTs) or Omnichain fungible tokens (OFTs). ONFTs could be assets like in-game items, while OFTs could be used for in-game currencies. Ubisoft will be able to decide the cost of bridging assets for users, LayerZero Labs CEO and cofounder Bryan Pellegrino told Blockworks in an interview. LayerZero tech makes all costs upfront, so that no surprise tokens are required for bridging. The DVN is intended to be easier to use than a traditional crypto bridge, which can require multiple currencies across multiple chains and anywhere from a few minutes to a week to complete bridging an asset depending on the chain. Pellegrino believes…
The post Ubisoft, LayerZero launch network for migrating crypto game assets appeared on BitcoinEthereumNews.com.
This is a segment from The Drop newsletter. To read full editions, subscribe. Remember the “interoperability” gaming dream? Ubisoft is spinning up a Decentralized Verification Network (DVN) to verify crypto assets that are being moved or bridged from one blockchain to another. The company is using LayerZero’s tech — more specifically, its codebase and omnichain messaging protocol — in the deal. The game studio is running its own clients and nodes for its network, however. The DVN means Ubisoft can let players move their NFTs and in-game currencies from one chain to another, which makes them usable with other Ubisoft crypto games (or external games or platforms). It could also make complete migrations from one chain to another easier if Ubisoft ever decided to move one of its blockchain games. Ubisoft may enable cross-chain bridging soon for its fantasy turn-based RPG Champions Tactics: Grimoria Chronicles, which launched using the Oasys EVM blockchain in October 2024. Last year — months before the game launched — LayerZero said it was adding support for Oasys with the end goal of making Champions Tactics “omnichain.” Now, it sounds like that’s actually possible. LayerZero’s tech turns assets in transit into Omnichain NFTs (ONFTs) or Omnichain fungible tokens (OFTs). ONFTs could be assets like in-game items, while OFTs could be used for in-game currencies. Ubisoft will be able to decide the cost of bridging assets for users, LayerZero Labs CEO and cofounder Bryan Pellegrino told Blockworks in an interview. LayerZero tech makes all costs upfront, so that no surprise tokens are required for bridging. The DVN is intended to be easier to use than a traditional crypto bridge, which can require multiple currencies across multiple chains and anywhere from a few minutes to a week to complete bridging an asset depending on the chain. Pellegrino believes…
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