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Ubisoft has been helping UNICEF use cryptocurrencies

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While its partner Ultra made a deal with dfuse to be ready for launch on the mainnet, Ubisoft, a French game company, created Rabbids Token, a system that allows users to directly donate the Ethereum (ETH) received to UNICEF.

How does the Rabbids token work?

For this project, Ubisoft has created 5 families of tokens, each with a different image and price ranging from 0.05 ETH to 0.15 ETH.

Even if the system looks like it, it is not an NFT (non-expendable token), but regular ERC20 tokens connected to a smart contract.

These tokens do not remain inside the wallet, which means that the user does not buy the token itself, but only keeps it for a limited time until another user wants to buy it.

In that case, the token comes out of the previous owner's wallet, which still has a POPO (Proof of Plausible Ownership), and passes into the hands of the next buyer.

In addition, these tokens have a mutation mechanism, at least in the design proposed by the platform precisely to emulate the diversity that exists in the game that inspired this initiative, that is, Rabbids, in which the characters are all different and elusive.

As stated, this initiative aims to raise funds that will then be donated to the Ethereum leadership of UNICEF and, therefore, avoid all the rigor of having an intermediary to raise funds.

UNICEF and cryptocurrencies

UNICEF is not new to blockchain and cryptocurrencies as it has already established several portals and collaborations, for example, that of the Litecoin Foundation, and you can boast of accepting 9 different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), various ERC20 tokens, Litecoin (LTC), Ripple (XRP), DAI, Dash, Monero (XMR), EOS, and Stellar (XLM).

Ubisoft and the world of blockchain games

For its part, Ubisoft is always trying to keep up with the times and thanks to the Strategic Innovation Lab is trying to anticipate the future and be active in the blockchain sector.

In fact, Ubisoft has funded several startups, including big names like immersiv.io, Splinterlands, Planetarium, Xaya, Caregame, Atlantis, Sorare and Sky Mavis, all of which are games that in one way or another integrate blockchain technology, such as association aforementioned with Ultra blockchain.



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