Why is Grand Theft Auto 6 unlikely to incorporate cryptocurrencies?

Rumors suggesting that Grand Theft Auto 6 will incorporate cryptocurrencies floor each from time to time, fueling expectations that the extremely awaited recreation could incorporate digital property as rewards for gamers, nonfungible tokens (NFTs) as in-game items, and even as a part of the storyline’s humor.

The most up-to-date speculations within the crypto neighborhood emerged final week on Twitter, however to this point, there isn’t any indication that Rockstar Games, writer of the Grand Theft Auto franchise, plans to leap into Web3. Cointelegraph regarded on the newest rumors and info about the potential for an upcoming crypto GTA.

Play-to-Earn is now not seen as an environment friendly enterprise mannequin

Play-to-earn (P2E) video games enable customers to earn cryptocurrencies by taking part in video games. The enterprise mannequin, nevertheless, has been deemed as unsustainable, regardless of the joy over blockchain-based video games.

During the NFT.NYC in April, recreation publishers and builders highlighted that the business is exploring options to change the P2E enterprise mannequin amid the crypto costs downturn.

“It’s a model that is not sustainable at all,” stated Chase Freo, CEO of gaming platform OP Games throughout a panel on the occasion, giving the instance of Axie Infinity’s shift in a few of its flagship titles.

During the panel dialogue, Paul Flanagan, the pinnacle of enterprise growth at CM Games, an Estonian cell recreation developer, voiced his opinion on the core situation surrounding P2E fashions. He described them as “zero-sum” and highlighted their resemblance to Ponzi schemes. Flanagan talked about that whereas branding sponsorship may probably function a viable income supply, its effectiveness in observe stays to be seen.

According to Statista, Grand Theft Auto 5 has bought over 180 million items worldwide since 2015, making it one of the vital profitable recreation titles ever launched. Based on estimates on the income of Rockstar’s guardian firm Take-Two Interactive, over $8 billion has been generated by the franchise during the last decade. Considering these figures, Grand Theft Auto has been a worthwhile title to this point. Shifting to a P2E mannequin can be a dangerous enterprise for Rockstar.

Lifetime unit gross sales generated by Grand Theft Auto 5 worldwide as of May 2023. Source: Take-Two Interactive, Statista.

Rockstar’s NFT ban

Last November, Rockstar up to date its web site to clarify that fan-operated servers for Grand Theft Auto 5 may now not make the most of crypto property, particularly NFTs.

A fan-operated server permits modifications to a PC recreation and interplay between gamers. As for Grand Theft Auto, some servers carried out NFTs to give gamers possession of in-game items, reminiscent of vehicles and weapons. Rockstar’s ban was a setback to followers hoping for NFTs within the franchise.

Lastly, the franchise is recognized for its humorous type. Many crypto fanatics consider that the following Grand Theft Auto may embrace crypto parts in its narrative, which might justify the years of rumors concerning the recreation taking a crypto method. 

Cointelegraph reached out to Rockstar relating to the rumors, however didn’t obtain a right away response. As of now, the corporate has neither denied nor confirmed GTA6’s crypto standing. The title is anticipated to be launched in 2024.

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