Why is it unlikely to include cryptocurrencies in Grand Theft Auto 6?

Rumors that Grand Theft Auto 6 will include cryptocurrencies surface from time to time, fueling hopes that the highly anticipated game could incorporate digital assets as rewards for players, non-fungible tokens (NFTs) in- The game may also be included as accessories, or even as part of the game. The humor of the plot.

Latest speculation in the crypto community emerged on Twitter last week, but so far, there’s no indication that Rockstar Games, publisher of the Grand Theft Auto franchise, plans to make the jump to Web 3. Cointelegraph looks at the latest rumors and facts about the possibility of an upcoming crypto GTA.

Play to earn is no longer seen as an efficient business model

Play-to-Earn (P2E) games allow users to earn cryptocurrency by playing games. However, despite the enthusiasm over blockchain-based games, the business model has been deemed unsustainable.

During NFT.NYC in April, game publishers and developers highlighted that the industry is exploring options to replace the P2E business model amid falling crypto prices.

“It’s a model that’s not sustainable at all,” said Chase Freo, CEO of gaming platform OP Games, during a panel at the event, citing Axi Infinity’s changes to some of its flagship titles as examples.

During the panel discussion, Paul Flanagan, head of business development at CM Games, an Estonian mobile game developer, gave his take on the main issue surrounding the P2E model. He described them as “zero-sum” and highlighted their similarities with Ponzi schemes. Flanagan noted that while branding sponsorship could potentially serve as a viable revenue source, its effectiveness remains to be seen in practice.

According to Statista, Grand Theft Auto 5 has sold over 180 million units worldwide since 2015, making it one of the most successful game titles ever released. Based on Rockstar’s parent company Take-Two Interactive’s revenue projections, it has exceeded $8 billion. you generated franchise in the last decade. With these figures in mind, Grand Theft Auto has been a profitable title so far. Shifting to the P2E model would be a risky venture for Rockstar.

Rockstar’s NFT ban

last november rockstar Updates To clarify its website that fan-run servers for Grand Theft Auto 5 can no longer use crypto assets, specifically NFTs.

A fan-run server allows modification of PC games and interaction between players. As far back as Grand Theft Auto, some servers implemented NFTs to give players ownership of in-game items, such as cars and weapons. Rockstar’s ban came as a blow to fans hoping for NFTs in the franchise.

effective immediately: pic.twitter.com/CxPIHLaytt

— OTF Gaming (@OTFgaming) November 20, 2022

Lastly, the franchise is known for its humorous style. Many crypto enthusiasts believe that the next Grand Theft Auto could include crypto elements, which would justify years of rumors about the game taking a crypto approach.

Cointelegraph reached out to Rockstar regarding the rumors, but did not receive an immediate response. So far, the company has neither denied nor confirmed the crypto status of GTA6. The title is expected to be released in 2024.

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