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Anticipation Builds for GTA VI Reveal as Speculation Mounts Over Which Altcoins Will Feature
- Grand Theft Auto IV is set to be released in the coming years, as GTA V celebrates its tenth birthday.
- The gaming and crypto community are speculating that the upcoming title may include a crypto-based economy.
- Little detail has been released, but it’s possible that metaverse-based altcoins like SAND and AXS will benefit from such an announcement.
The Grand Theft Auto franchise is one of the most popular gaming series of all time and the next entry is set to be the biggest and most-hyped yet. GTA V was released over a decade ago, yet still boasts well over 10 million active players every month. However, it’s not just fans of the open-world shooter hanging out for news on the sixth instalment. Rumours have been circling that GTA VI’s in-game economy will revolve around a metaverse-style currency system. Although the use of crypto in GTA’s upcoming release is still entirely speculation, it hasn’t stopped the community from discussing the potential ramifications of the world’s biggest gaming franchise entering the Web3 world.
AXS, SAND, APE: Which Altcoins Will be Affected?
If GTA VI is to include a crypto-based economy, developers Rockstar would likely create their own digital currency as a foundation for trading in-game items (and so on). For example, imagine the potential of a Grand Theft Auto Dollars coin with the symbol GTA (or similar) – it makes perfect sense.
However, the game’s creators would need to find an appropriate network to host, distribute and process transactions made using the coin. Given the immense popularity of Grand Theft Auto and its related products, the blockchain must be scalable and have excellent throughput. Protocols like Solana, Polygon and L2 solutions like Optimism and Arbitrum come to mind as potential options. However, this is based purely on speculation.
Additionally, gaming-based cryptocurrencies might get a bump if GTA is to take the crypto verse route for its upcoming title. Industry leaders like Axie Infinity (AXS), The Sandbox (SAND) and Apecoin (APE) have paved the way for crypto-based economies in gaming. While Grand Theft Auto would undoubtedly be a much bigger coup for crypto adoption than any of these ecosystems, they might still see an uptick in investor interest if GTA spurs the next generation of metaverse gaming.
Author
Ben Knight
Ben Knight is a writer and editor from Melbourne with a passion for all things music and finance. He enjoys turning complex topics – especially the technical details of cryptocurrency – into digestible bites that anybody can understand. He acquired his Master’s in Writing, Editing and Publishing from RMIT in 2019 and has run his own creative writing business ever since.
