Ubisoft is developing a new game called Alterra, which aims to redefine the social simulation genre through voxel creation, inspired by titles like Animal Crossing and Minecraft. The game is being created by Ubisoft's Montreal studio and is anticipated to compete with Minecraft by offering a nuanced approach to world-building and introducing fresh mechanics and social interactions. Alterra's voxel-based design and community-driven elements are expected to meet the growing demand for interactive experiences that encourage creativity and collaboration among players.