According to Cointelegraph, Ubisoft, the renowned French video game company behind popular titles like Assassin’s Creed and Far Cry, has announced the release of its first game incorporating Web3 technology. Titled Champions Tactics: Grimoria Chronicles, the game is set to launch on October 23 and will be deployed on the Oasys layer-2 Home Verse, a blockchain-powered ecosystem for Web3 gaming.

In an interview with Cointelegraph, Sylvain Loe-Mie, the game’s executive producer, highlighted the benefits of Web3 technology in enhancing player experience. He stated, 'Web3 technology enables players to own their in-game assets in a meaningful way. This ownership creates a deeper connection with both their Champions and the overall experience.' The game is described as a tactical role-playing game (RPG) where players assemble teams of champions to compete in player-vs.-player (PvP) battles. Set in a dark fantasy world, the game emphasizes team building, strategy, and combat. Players can own, trade, and use 75,000 unique digital collectible champions to build their teams for battle.

Champions Tactics: Grimoria Chronicles will feature a 'Forge' system, allowing players to customize their champions and create new ones. Loe-Mie noted that the Forge system might face challenges, such as balancing to ensure all crafted champions remain fair and competitive. He assured that Ubisoft is committed to fine-tuning these elements to deliver a seamless and rewarding experience for everyone.

Ubisoft’s entry into Web3 gaming has already included alpha and beta tests to gather feedback from players and ensure the game’s mechanics are well-balanced. However, reliance on digital collectibles can come with risks, as seen in previous Web3 games like Axie Infinity, where market fluctuations led to economic instability. Loe-Mie acknowledged that 'market volatility and fluctuating demand' could impact the entire system but emphasized that the focus remains on creating a sustainable game where digital collectibles enhance the experience rather than dictate it.

An industry report titled 'The Future of Web3 Gaming is Competitive: Global Gaming Report 2024,' created by Web3 gaming protocol Elympics in collaboration with the Blockchain Game Alliance (BGA) and blockchain game data tracker PlayToEarn, revealed that more than 10% of survey participants cited crypto wallet complexity as the primary reason they hadn’t played blockchain games. This highlights a significant barrier for gamers transitioning from Web2 to Web3 gaming.