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Ubisoft Introduces Rabbids Avatar NFTs On The Sandbox

French Gaming Company Ubisoft and The Sandbox have collaborated to release 2,066 Rabbids avatars with in-game features.
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Ubisoft Introduces Rabbids Avatar NFTs On The Sandbox

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.

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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.

 

 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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Sachin Goswami

Sachin is a writer and journalist with over three years of working experience with different major media houses. He is a fintech enthusiast who mainly reports on Web3, NFT, and Metaverse. When he is not working, you can find him reading thrillers and watching world cinema.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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