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Rockstar Games to Release Trailer of New GTA Game: Is GameFi Set to Explode?

2 mins
Updated by Geraint Price
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In Brief

  • Rockstar Games is set to release the trailer for the new Grand Theft Auto game in December. Will it have crypto integration?
  • The crypto community anticipates extensive growth of GameFi ecosystem in 2024 with the release of the new Grand Theft Auto game.
  • The Ethereum-based AAA game Illuvium's release was announced on the Epic Games store, leading to a 17% increase in ILV tokens.
  • promo

Rockstar Games, the studio behind the popular Grand Theft Auto (GTA) games, has announced that it will release the trailer of the new GTA game in December. There are rumors that the latest game will have crypto integration.

Rockstar Games fans have been eagerly waiting for the release of the new game in the GTA series. Since the release of GTA V in 2013, the studio has not released its successor in the past 10 years.

Will GTA Incorporate Crypto Rewards?

To celebrate its 25th anniversary, Rockstar Games announced the release of the first trailer of the next GTA game. This announcement sparked excitement among the crypto community members as there are rumors that GTA VI will incorporate crypto rewards.

An X (Twitter) user, Alex Wacy, informed his 44,500 followers:

“GTA 6 could be the very catalyst for Web3 Gaming’s extensive growth.

“If the rumors of crypto integration are confirmed, I predict that the beginning of 2024 will mark the extensive growth of the sector.”

Wacy believes that there will be many positive developments in the GameFi ecosystem in the upcoming period. 

The Ethereum-based AAA games announced its release on the Epic Games store. AAA is the classification that denotes high-profile games.

After Illuvium’s announcement, its native token, ILV, has increased by over 17% in the past 24 hours.

Read more: Crypto Gaming: What Is It and How Does It Work?

Illuvium (ILV) price
ILV price. Source: BeInCrypto

Nonetheless, the broader GameFi market has been showing signs of recovery lately. For instance, the price of Axie Infinity’s token AXS is up by nearly 50% since mid-October. Axie Infinity is considered one of the most popular Web3 games.

BeInCrypto reported in late October that Axis Infinity active wallets had reached a 100-day peak. It would be worth spectating that the GameFi sector has managed to recover from the lows of 2022 when it was struggling for users.

Read more: What Is GameFi?

Axie Infinity, crypto games, GameFi
Top performing gaming coins. Source: CoinGecko

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Harsh Notariya
Harsh Notariya excels in delivering SEO-optimized crypto news under tight deadlines. Previously, as a Growth Marketer at Sporty and a Community Consultant at Totality Corp, he significantly boosted community engagement and followers. Harsh also crafted engaging content for top crypto influencer Shivam Chhuneja, blending meme references for an educational yet fun experience. His versatile skills make him a notable figure in crypto journalism.