Close Menu
Aspire Market Guides
  • Home
  • Alternative Investments
  • Cryptocurrency
  • Economics
  • Equity Investments
  • Mutual Funds
  • Real Estate
  • Trading
What's Hot

Arbitrage funds emerge as the best-performing hybrid mutual fund category in 2026. Check the top-performing schemes

July 30, 2026

Real Vision Founder: Reconsidering the Long-Term Value of Cryptocurrency After 13 Years of Bull and Bear Markets

July 30, 2026

How Amosun became Babcock’s best graduating Economics student

July 30, 2026
Facebook X (Twitter) Instagram
Trending:
  • Arbitrage funds emerge as the best-performing hybrid mutual fund category in 2026. Check the top-performing schemes
  • Real Vision Founder: Reconsidering the Long-Term Value of Cryptocurrency After 13 Years of Bull and Bear Markets
  • How Amosun became Babcock’s best graduating Economics student
  • Bitcoin’s quantum plan assumes some algorithms break. AI just weakened one in 60 hours
  • Efficient Estimation for Staggered Rollout Designs
  • Gold stages volatile intraday reversal to close higher on Fed hold
  • Asset Management and Private Equity
  • After chasing NFTs and the metaverse, Square Enix wants generative AI to do 70% of its QA by 2027
  • Former premier Ted Baillieu relists Hawthorn mansion
  • How Hedge Funds Made Billions From Forced Buying of SpaceX Shares By Index Funds
Thursday, July 30
Facebook X (Twitter) Instagram
Aspire Market Guides
  • Home
  • Alternative Investments
  • Cryptocurrency
  • Economics
  • Equity Investments
  • Mutual Funds
  • Real Estate
  • Trading
Aspire Market Guides
Home»Cryptocurrency»Ubisoft Breaks the Seal on Gaming NFTs with Ghost Recon Breakpoint
Cryptocurrency

Ubisoft Breaks the Seal on Gaming NFTs with Ghost Recon Breakpoint

By CharlotteJuly 29, 20265 Mins Read
Share
Facebook Twitter Pinterest Email Copy Link


Well, it happened. NFTs have been brought into the videogame space by a major game company, beating EA’s inevitable attempts with their next round of soccer games. The first—and probably not the last—swing Ubisoft will be making at NFTs (non-fungible tokens) playable in an HD game and allegedly “relying on an energy-efficient technology” are called “Digits” and will be available through Ubisoft Quartz. Digits are unique collectibles that can be played in-game, starting with limited edition gear for Tom Clancy’s Ghost Recon Breakpoint player character avatars with unique serial numbers.

Starting tomorrow, Dec. 9 at 1 p.m. ET, a limited number of M4A1 Tactical rifles with a black-and-red color scheme called “Wolves” will be made available. Then the dark grey “Wolf Enhanced Helmet A” on Dec. 12 and “Wolf Enhanced Pants” on Dec. 15. I don’t know how any of this contributes to being better at the game or having a more fun experience (Ubisoft says on the website “Digits are purely cosmetic items that do not influence the gameplay, be it PvE or PvP”), but people buy skins in free-to-play games, so it’s not that mind blowing a concept.

NFTs in Ghost Recon are, as ever, a solution in search of a problem; supply in search of a demand. Like skyrocketing college football coach salaries and the building of luxury condos that people can’t afford, NFTs are a symptom of late capitalism, a consequence of vast income inequality and poor distribution of resources. College football boosters, venture capital firms buying up property, and videogame companies looking to further wring money out of their consumers all have capital without productive use, so they put it toward means of extracting further capital from people that have less.

NFTs have been described as a “pump-and-dump scheme” by Amy Castor at Business Insider. NFTs convey “proof of ownership” without any copyright or any physical object that has allegedly been bought. In that July article, University of Campinas computer science professor Jorge Stolfi argues that “a purely digital artifact—a pattern of bits, like a JPEG image or an MP3 song file—cannot be a collectible, because it can be duplicated trillions of times, and every copy is exactly the same as the original. Not just similar or even identical, but the same thing.”

The individual NFTs have their value artificially inflated by bidding wars between crypto insiders. Then either other super-rich people buy them because they have more money than they can productively use, or people in the vast and nondescript middle class pour their savings into something hoping that they can flip it.

Sometimes this happens through a process called “wash trading,” like if you minted an NFT, bought it from yourself for $1 million, and sold it for $500,000 to someone, to use Castor’s hypothetical. You’ve made $500,000 without creating any value through production by convincing someone that the value of a thing they can’t actually own will increase ad infinitum.

Ubisoft bills the value and security of Digits through being bound to individual player game accounts; presumably they will be more difficult to copy than a stoned ape avatar you can right-click to save to your hard drive. Ubisoft has also told IGN that the company might reconsider their NFT usage if they can’t ensure there won’t be a negative environmental impact. The proof-of-stake system Ubisoft is using through the Tezos blockchain is more efficient than the proof-of-work system that Bitcoin uses, though if the value is in resale, players might end up selling through other blockchain systems.

MMO accounts have been known to be sold on the internet at places like MMO Provider and Player Auctions, but the value there is based on not wanting to spend as much time leveling-up a character, buying and upgrading their gear. So, are Ubisoft players going to spend money on this equipment in hopes of eventually reselling them to people with more money that somehow missed the boat? These first three items will be free for players that have the Ubisoft “ecosystem of player services,” Ubisoft Connect PC, for Tom Clancy’s Ghost Recon Breakpoint.

Even then, the market value is hardly objectively rated. In 2019, Screen Rant reported on a lawsuit brought to court in China when a man that paid $1.4 million for a Justice Online character loaned it to a friend that in turn sold it for $552. The original owner got the character back, but had to pay $12,000 to the end-customer.

It should not come as a surprise that game industry executives, who already charge consumers for licenses to play games rather than giving ownership of the games themselves, as well as charging microtransactions to make those games playable, are trying to generate more money from themselves out of thin air.

It reminds me of the episode of It’s Always Sunny in Philadelphia where Frank tries to artificially inflate the value of some drawings by Charlie. As the art appraiser tells him toward the end, art’s value is only what people perceive it to be. And the value of NFTs rests on how much you perceive it to be worth to own in name something you can never own in reality.




Source link

Related Posts

Cryptocurrency

Real Vision Founder: Reconsidering the Long-Term Value of Cryptocurrency After 13 Years of Bull and Bear Markets

July 30, 2026
Cryptocurrency

Bitcoin’s quantum plan assumes some algorithms break. AI just weakened one in 60 hours

July 30, 2026
Cryptocurrency

After chasing NFTs and the metaverse, Square Enix wants generative AI to do 70% of its QA by 2027

July 30, 2026
Cryptocurrency

A scientometric analysis on blockchain and NFTs: trends and development

July 30, 2026
Cryptocurrency

Pump.fun token graduation rate jumps after BOOST changes launch incentives – cryptonews.net

July 29, 2026
Cryptocurrency

Are NFTs Dead in 2026? What Happened to the Market

July 29, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Arbitrage funds emerge as the best-performing hybrid mutual fund category in 2026. Check the top-performing schemes

July 30, 2026

Real Vision Founder: Reconsidering the Long-Term Value of Cryptocurrency After 13 Years of Bull and Bear Markets

July 30, 2026

How Amosun became Babcock’s best graduating Economics student

July 30, 2026

Bitcoin’s quantum plan assumes some algorithms break. AI just weakened one in 60 hours

July 30, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Featured

Opinion | Vermont’s crackdown on private equity won’t make health care cheaper

June 20, 2026

Ukrainian forces strike Russian military sites, damage fuel depots and infrastructure | Ukraine news

July 11, 2026

Meet Adam Back, who one NYT journalist says with ‘99.5%’ certainty is the creator of Bitcoin

April 11, 2026
Monthly Featured

Trigada AI: Asset-Specialist Algorithmic Trading Bots

April 19, 2026

Mubi’s ties to Israel cost the streamer 200,000 subscribers

April 12, 2026

Golden State Mint Announces New U.S. 250th Anniversary Silver & Copper Collection

July 1, 2026
Latest Posts

Arbitrage funds emerge as the best-performing hybrid mutual fund category in 2026. Check the top-performing schemes

July 30, 2026

Real Vision Founder: Reconsidering the Long-Term Value of Cryptocurrency After 13 Years of Bull and Bear Markets

July 30, 2026

How Amosun became Babcock’s best graduating Economics student

July 30, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Aspire Market Guides.
  • Contact us
  • Privacy Policy
  • Terms and Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.