Rumors suggesting Grand Theft Auto six will incorporate cryptocurrencies surface every once in a while, fueling expectations that the highly-anticipated game may include digital assets as rewards for players, and nonfungible tokens (NFTs) as in-game goods or even as part of the storyline’s humor.
The most recent speculations in the crypto community emerged last week on Twitter, but there’s no indication that Rockstar Games — creator of the Grand Theft Auto franchise — plans to jump into Web3. Cointelegraph looked 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 cryptocurrencies by playing games. The business model, however, has become unsustainable, despite the excitement around blockchain-based games.
In April, at NFT.NYC, game publishers and developers highlighted that the industry is exploring alternatives to replace the P2E business model amid the downturn in crypto prices.
“It’s a model that is not sustainable at all,” said Chase Freo, CEO of gaming platform OP Games, during a panel at the event, providing the example of Axie Infinity’s shift in some of its flagship titles.
During the panel discussion, Paul Flanagan, the head of business development at Estonian mobile games developer CM…
