Why is Grand Theft Auto 6 unlikely to include cryptocurrencies?

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

The latest speculations within the crypto neighborhood emerged final week on Twitter, however up to now, there is no indication that Rockstar Video games, writer of the Grand Theft Auto franchise, plans to leap into Web3. Cointelegraph seemed on the newest rumors and information 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 enjoying video games. The enterprise mannequin, nonetheless, has been deemed as unsustainable, regardless of the joy over blockchain-based video games.

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

“It’s a mannequin that’s not sustainable in any respect,” mentioned Chase Freo, CEO of gaming platform OP Video games throughout a panel on the occasion, giving the instance of Axie Infinity’s shift in a few of its flagship titles.

Throughout the panel dialogue, Paul Flanagan, the top of enterprise growth at CM Video 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.

In line with Statista, Grand Theft Auto 5 has offered over 180 million models worldwide since 2015, making it probably the most profitable recreation titles ever launched. Based mostly on estimates on the income of Rockstar’s dad or mum firm Take-Two Interactive, over $8 billion has been generated by the franchise during the last decade. Contemplating these figures, Grand Theft Auto has been a worthwhile title up to now. Shifting to a P2E mannequin can be a dangerous enterprise for Rockstar.

Rockstar’s NFT ban

Final 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 belongings, particularly NFTs.

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

Efficient Instantly: pic.twitter.com/CxPIHLaytt

— OTF Gaming (@OTFgaming) November 20, 2022

Lastly, the franchise is understood for its humorous model. Many crypto fans imagine that the following Grand Theft Auto may embrace crypto components in its narrative, which might justify the years of rumors concerning the recreation taking a crypto strategy. 

Cointelegraph reached out to Rockstar concerning 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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