Grand Theft Auto 6 Unlikely to Incorporate Cryptocurrencies
• Grand Theft Auto VI may not incorporate cryptocurrencies despite rumors that suggest it will.
• Play-to-earn (P2E) games have become unsustainable due to the downturn in crypto prices.
• The high profitability of the franchise makes it risky for Rockstar to shift to a P2E model.
Grand Theft Auto 6 and Cryptocurrency: Fact or Fiction?
Rumors of Crypto Integration
Rumors have occasionally surfaced that Grand Theft Auto VI will integrate cryptocurrency, fueling expectations that the franchise may make its way to Web3. Speculations among the crypto community recently emerged on Twitter, but there’s no indication that Rockstar Games plans to jump into Web3 with its latest game release.
The Unsustainability of Play-To-Earn Games
Play-to-earn (P2E) games allow users to earn cryptocurrencies by playing games, however this business model has become increasingly unsustainable due to the downturn in crypto prices. At the NFT.NYC event in April, game publishers and developers highlighted their search for alternatives as they realized this model was no longer feasible. Paul Flanagan, head of business development at Estonian mobile games developer CM Games pointed out how P2E models are “zero-sum” and resembled Ponzi schemes.
The Profitability of GTA Franchise
Grand Theft Auto V has sold over 180 million units worldwide since 2015, making it one of the most successful video game titles ever released. Based on estimates from Take Two Interactive’s parent company, over $8 billion has been generated by the franchise in the past decade alone – making GTA a highly profitable venture for Rockstar Games. The risk associated with transitioning towards a P2E model would be too great given how much money is already generated through existing sales channels.
The Likelihood Of Crypto Integration In GTA VI
Given both sides of the argument – from potential risks associated with an unstable P2E model and current profitability through established channels – it seems unlikely that Grand Theft Auto VI will incorporate any type of cryptocurrency integration upon release later this year or early 2024 when more information is expected to surface about potential features included in upcoming updates and expansions for GTA Online and other related projects such as Red Dead Redemption 2 Online which also remains under tight wraps pending an official announcement from Rockstar Games itself regarding details about future content updates and so forth.