Ubisoft Financial Report Ignores Quartz

Latest financial report does not mention them at all.

Ubisoft’s latest financial report is out, discussing fiscal year 21 results. The report brings attention to Ubisoft’s three big brands for 2021-2022 with those of course being Assassin’s Creed Valhalla, Rainbow Six Siege, and Far Cry 6. The report goes on to confirm upcoming releases of new titles, reorganizations of the company’s leadership, and notable new hires as well as dedication to a promise of hiring more women in leadership roles.

Players have been enjoying amazing experiences with recent titles including Assassin’s Creed Valhalla, Far Cry 6, Immortals® Fenyx Rising, Just Dance® or Riders Republic™ as well as an exciting array of live content and services across our portfolio. In 2021-22, for the first time in Ubisoft’s history, our three biggest brands, Assassin’s Creed, Tom Clancy’s Rainbow Six and Far Cry, each generated well above 300 M€ of net bookings. This is a testament to our teams’ passion and hard work as well as to the resilience of our organization.

Not on the Ubisoft’s list of accomplishments? NFTs. Ubisoft’s introduction of Quartz has been the subject of seemingly endless mockery. Over the past six months we’ve been tracking just how poorly Quartz performed out of the box, with marketplaces showing weeks if not months with no recorded transactions. Despite the backlash, Ubisoft has previously committed to its plans to integrate NFTs and blockchain technology into its games.

Well maybe not so much. With Breakpoint now sitting in maintenance mode and Quartz facing the reality of an early death with no active development titles using the platform, Ubisoft’s latest financial release mentions NFTs exactly as many times as you’d expect; none. The report has no mention of Quartz, NFTs, blockchain, crypto, etc. It pays absolutely no mind to the NFT games Ubisoft has invested in over the last six months, and it makes no promises of upcoming titles in Ubisoft’s library utilizing the tech.

Does this mean Ubisoft’s NFT venture is dead? Certainly not. Much like how they unlisted the Quartz trailer, it does show that Ubisoft can at least feel some level of embarrassment in its unpopular decisions. Oh well.

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