Is This Video Game the Killer App for Cryptocurrencies?

Every new technology needs a breakthrough before it truly becomes a success. The PC computer turned heads with early spreadsheet apps like Lotus 1-2-3 and VisiCalc. Where would the internet and its gigantic economy be today without the Mosaic and Netscape browsers of the early 1990s? Digital video streams are currently stealing market share from cable, satellite, broadcast, and movie-theater video options, and Netflix (NASDAQ: NFLX) kick-started that revolution a decade ago. You get the drift. One innovator (or sometimes a small group of them) provides the early excitement that makes the target audience sit up and take notice.

Cryptocurrencies are still looking for that magic moment after a number of false starts. Rumor has it that video game developer Take-Two Interactive (NASDAQ: TTWO) might bring the initial fuel to the large-scale crypto fires.

Grand Theft Auto 5 (GTA 5) is the second best-selling video game of all time, shifting 165 million units since its release in 2013. Even now, nine years later, GTA 5 remains one of Take-Two's most important and profitable titles. According to data from GamesIndustry.biz, GTA 5 was the biggest-selling game title in Europe in August 2022. Yes, that's nine years after the original launch.

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Source Fool.com