Take-Two's Zelnick skeptical about metaverse and cryptocurrency

Originally published on GamesIndustry.biz by Jeffrey Rousseau

CEO says he’s “allergic to buzzwords,” is unsure current industry trends will be around in five years

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During Take-Two’s earnings call yesterday, CEO and chairman Strauss Zelnick expressed skepticism about a number of recent trends.

“If you take metaverse, SPAC, and cryptocurrency put them all together, in five years will any this matter? I’m not sure that it will,” said Zelnick.

The issue came up when he was asked about how the company can build Grand Theft Auto Online and Red Dead Online into metaverse-like experiences.

“I’m always allergic to buzzwords. You know the buzzword of virtual reality didn’t get this industry

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