Grand Theft Auto publisher to launch the game with tokens on the Ethereum blockchain

Grand Theft Auto publisher to launch Sugartown game with tokens on Ethereum blockchain

To access Sugartown, users will need ERC-721 tokens called Oras to "earn" in-game currency.

Take-Two Interactive Software, the publisher of the Grand Theft Auto (GTA) series of games, through its subsidiary Zynga, which was bought last year for $12.7 billion, has announced the release of the game Sugartown with tokens on the Ethereum blockchain, The Block reports.

An initial issue of 10,000 tokens is planned for later this year, the publication said.

Access to Sugartown will require ERC-721 tokens called Oras, for which users will be able to "earn energy" as well as in-game currency for which they will receive "rewards."

"We are excited to launch Sugartown as Zynga's first game for Web3, and as the first new game for Web3 based on original IP [intellectual property]," said Matt Wolf, Zynga's vice president of Web3.

Take-Two Interactive Software also invested in the Web game startup last year, the publication recalled.

This past July, Sega decided to do away with "boring" blockchain games. It also banned the use of characters and trademarks from its most famous franchises (in particular, Sonic the Hedgehog) in third-party blockchain games.