Will There Be Metaverse And Cryptocurrencies In The Much-Awaited GTA 6?

In GTA 6, one of the most anticipated games of the players, it is quite curious whether there will be a project on metaverse and cryptocurrencies.

Grand Theft Auto 6 (GTA 6) is one of the most anticipated games in the foreseeable future. There are many rumors about the game and many say that GTA 6 will have a metaverse and cryptocurrency.

However, after the studio banned the use of digital assets and NFTs last November, there were doubts about the development. Also, Mojang Studios’ Minecraft stopped using NFT in July 2022. Game studios’ view of digital assets and the metaverse may change.

Three blockchain game executives claim that as some mainstream game developers are moving backwards in adopting blockchain technology, it’s only a matter of time before they change their minds. This begs the question of whether GTA 6 will move forward with the metaverse plans.

Will there be a Metaverse and Cryptocurrency in GTA 6?

According to Walter Lee, game growth leader at BNB Chain, the ban is more about NFTs than blockchain technology. He believes mainstream studios will embrace the technology once more regulation is made to ensure player safety. He mentioned that people don’t fully understand Web3.

Moreover, the area lacks proper arrangement. As a result, many users and businesses are skeptical of the benefits and scams that are often associated with it. According to Mojang Studios, wash trading, property issues, and carpet pulling were some of the reasons the studio banned NFTs.

Grant Haseley, executive director of Wagyu Games, claimed that the reason for the resistance to adoption was concerns that it would undermine the current economic model of “the customer who definitely pays for the fun”. In addition to GTA 5 , the most successful entertainment product of all time, a significant portion of these earnings come from in-game currency microtransactions, according to Justin Hulog, chief studio officer of Immutable Games Studio .

He went on to say that Microsoft had previously integrated microtransactions into Minecraft . It makes financial sense for both companies to want to retain control over their in-game economy. So, given that there is more regulation in space and significant public demand, the metaverse plans for GTA 6 may come true.