Over the past few months,non-fungible tokens, often abbreviated to NFTs, havecontinued to grow in popularity within the gaming industryas more and more companies are exploring cryptocurrency and blockchain technology. Dozens of new video games are cropping up every week that incorporate digital assets as NFTs become even more mainstream, despite the general unfavorable response such technology often receives from the overall gaming community. Aware of this adverse stigma attached,Take-Two Interactive, the parent company ofGrand Theft Autopublisher Rockstar Games, states that it is still “convinced there’s an opportunity” for future integration.
For the uninitiated, non-fungible tokens have become the latest series of tradable digital assets to take over the internet. Marketed as the new way to buy and sell exclusive collectables using blockchain tokens, with the aim being that said collectables cannot be copied or replicated once sold to a patron, the technology has exploded in these recent modern times. However, the rise of NFTs and the acceptance of cryptocurrency in general as a viable form of currency is embodied in controversy, withpopular gaming platform Itch.io outright labeling NFTs a scam.
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Regardless, in an interview with Nintendo Life,Take-Two CEO Strauss Zelnickbriefly addresses a possibility where NFTs are incorporated in forthcoming releases as he is “highly convinced there’s an opportunity for NFTs to fit with Take-Two’s offerings in the future.” Zelnick, who does admit that he and the company are concerned with the rampant “speculation” that currently shrouds the technology, evaluates by reaffirming that “We believe in rare goods, we believe in collectibles.”
Whilst Zelnick considers that non-fungible tokens go hand in hand with the collective side of video games,Reddit’sGrand Theft Auto Onlinecommunitydoes not share such sentiments. This notion was revealed after user BadDecisionSM posted a screenshot of the Nintendo Life interview and captioned it “on behalf of 99% ofGTAplayers. No thanks.” Just from looking at the top replies to the post, the common criticizing consensus is that “Rockstar would be making a big mistake if this turns out to be true” because NFTs are a “fad” that will “eventually be completely irrelevant soon enough.”
In summary, considering thatTake-Two Interactive’s integration of NFTs into its releases is purely speculation at this moment in time, gamers can only wait for potential announcements to see exactly how it plays out. Nevertheless, the information available to the public is certainly divisive, and they are loudly voicing their views in response. The only question is if Take-Two will listen and react accordingly.