There is a widespread sentiment that NFTs allow for easy money laundering, just like the physical art trade, and there have already been instances of sellers fraudulently posing as artists to sell NFTs of their work, and insider trading by employees of NFT marketplaces. For instance, using the Ether cryptocurrency to purchase a JPEG on the Ethereum blockchain does nothing but add a token onto said blockchain claiming the purchaser is the owner. The NFT market has come under scrutiny for a variety of reasons, such as concerns over money laundering and fraud due to it being an unregulated market, as well as environmental concerns. Related: Ubisoft Employees Launch Fan Petition To Improve Working Conditions NFTs are typically bought and sold using cryptocurrencies, and Ubisoft is hoping to adopt this type of marketplace for Quartz.

Purchasing an NFT grants ownership rights over that specific token, which is then recorded on a blockchain, a decentralized record of transaction data. The most common types of NFTs are digital artworks, often in the form of cartoon headshots, but any sort of virtual asset can be bought and sold as an NFT, even music or film (the latter of which landed Quentin Tarantino in a lawsuit over Pulp Fiction NFTs). NFTs, an initialism for non-fungible token, have grown in popularity over the last year or two as a means to trade ownership of digital assets. Ubisoft's games already feel built to singularly turn a profit, with formulaic gameplay and a plethora of micro-transactions, and the Quartz NFT project will only serve to convolute the player experience further by introducing an unnecessary digital marketplace. The project has been dubbed Ubisoft Quartz, and is entering a beta stage by way of unique in-game cosmetics for Tom Clancy's Ghost Recon Breakpoint. Developer and publisher of popular franchises such as Assassin's Creed and Far Cry, Ubisoft, has recently announced a new playable NFT project that will only be detrimental to its games catalogue.

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