Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Alleged Crypto Scam Game Set to Launch on Steam Despite Ban

Alleged Crypto Scam Game Set to Launch on Steam Despite Ban

Controversy Surrounds Blockchain-Based Game Release

Kelly Cromley by Kelly Cromley
Mar 31, 2025
in Market News, News
Reading Time: 2 mins read
0
alleged crypto scam game set to launch on steam despite ban

A controversial video game accused of being a cryptocurrency scam is set to launch on Steam, raising concerns about the platform’s enforcement of its blockchain game ban. The game, named Paradise, has been promoted as an action-packed experience resembling Grand Theft Auto 6, where players can drive cars, engage in combat, and earn money. Despite Valve’s established policy prohibiting blockchain and NFT-based games, the title remains on track for early access release on April 2.

The developers, Ultra Games, have showcased gameplay elements through a recent trailer that features a protagonist navigating through AI-generated environments. The game also claims to allow players to interact with non-playable characters (NPCs) using artificial intelligence. However, the developers’ past conduct and the game’s integration of blockchain technology have fueled suspicions. Critics allege that the $PAR token, which serves as the game’s in-game currency, may be part of a fraudulent scheme. Some investors reportedly encountered issues withdrawing funds, sparking allegations of financial misconduct.

Misleading Promotions and Dubious Claims

Ultra Games has faced criticism for its misleading promotional tactics. Previous marketing materials falsely suggested partnerships with popular streamers like Ninja and Pokimane. Additionally, trailers included unlicensed depictions of luxury cars, such as Lamborghinis. Investigations by content creators and YouTubers revealed further discrepancies. A Hong Kong address listed as the company’s headquarters was found to be fraudulent, with further evidence suggesting its actual operations are based in Tbilisi, Georgia, a region with a troubled history of blockchain-related scams.

While developers have stated that the Steam version will not feature cryptocurrency elements, skepticism remains. Many speculate that the game could redirect users to a third-party app, effectively bypassing Steam’s ban on blockchain-based games. This approach could expose players to financial risks without violating the platform’s specific terms.

Regulatory Loopholes and Platform Responses

Despite growing scrutiny, Valve has yet to issue a response regarding the game’s presence on Steam. Since 2021, Steam has maintained a strict policy against games incorporating NFTs and cryptocurrencies. However, the developers have made several adjustments to Paradise’s store page, removing any direct references to blockchain technology. The lack of transparency has fueled criticism, with some questioning whether the game’s eventual release will adhere to Valve’s guidelines.

Meanwhile, Epic Games has also allowed the game onto its platform. Initially removed, the title reappeared under the name Paradise XRPL, with explicit references to its blockchain functionality. The store page features an FAQ asserting that the crypto token integration benefits players by streamlining transactions, facilitating player-to-player trades, and unlocking exclusive content. Epic Games has similarly declined to comment on the matter.

Growing Concern Over Consumer Protection

The controversy surrounding Paradise has reignited debates over the regulation of blockchain-based games. Critics argue that games like Paradise pose significant risks to consumers, particularly when cryptocurrency components are obscured or misrepresented. Without clear enforcement from platforms like Steam and Epic Games, players remain vulnerable to scams and financial losses.

Industry analysts suggest that stronger regulatory measures and increased platform accountability are necessary to protect users from deceptive schemes. As the release date approaches, the fate of Paradise may serve as a critical test of how major gaming platforms handle blockchain-related controversies in the future.

The situation underscores the need for vigilant consumer awareness and responsible oversight in the rapidly evolving intersection of gaming and cryptocurrency. Until definitive actions are taken, players are advised to approach such titles with caution, ensuring they are fully informed of any associated financial risks.

Previous Post

Nadcab Labs Revolutionizes Real Estate with Blockchain-Powered Tokenization

Next Post

Bullet Blockchain Enhances ATM Security Through SalioTech Partnership

Related Posts

malaviya mission teacher training center1

India’s University of Hyderabad Adopts Blockchain Certificates

by Kelly Cromley
Feb 7, 2026
0

The Malaviya Mission Teacher Training Centre at the University of Hyderabad (India) reported that it has adopted blockchain technology to...

luffa

Luffa and BSA Advance AI-Driven Web3 Security

by Kelly Cromley
Feb 7, 2026
0

Luffa, an AI-powered Web3 messaging platform, reported that it has entered into a strategic partnership with Block Security Arena, a...

bybit

Bybit and Mercuryo Cut Fees to Ease Crypto Onboarding

by Kelly Cromley
Feb 7, 2026
0

Bybit, recognized as the world’s second-largest cryptocurrency exchange by trading volume, reported that it has entered into an exclusive partnership...

everclear

Everclear and Solana Join Forces to Tackle Cross-Chain Liquidity

by Kelly Cromley
Feb 6, 2026
0

Everclear, a decentralized cross-chain clearing protocol designed to address liquidity fragmentation across blockchain networks, has announced a strategic partnership with...

India

India Expands 5G Labs to Power AI and Blockchain Innovation

by Kelly Cromley
Feb 6, 2026
0

The Indian government has established 100 dedicated 5G Use Case Labs across educational institutions as part of a broader effort...

maerki baumann

Maerki Baumann Enters UAE to Serve Blockchain and Web3 Firms

by Kelly Cromley
Feb 6, 2026
0

Swiss private bank Maerki Baumann has expanded its operations into the United Arab Emirates digital asset market following regulatory approval...

Next Post
Bullet Blockchain partners with Sailo.Technologies

Bullet Blockchain Enhances ATM Security Through SalioTech Partnership

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • SmarTrust Brings Blockchain-Powered Escrow to Freelancers

    by Kelly Cromley
    May 1, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

malaviya mission teacher training center1
Market News

India’s University of Hyderabad Adopts Blockchain Certificates

by Kelly Cromley
Feb 7, 2026
luffa
Market News

Luffa and BSA Advance AI-Driven Web3 Security

by Kelly Cromley
Feb 7, 2026
bybit
Market News

Bybit and Mercuryo Cut Fees to Ease Crypto Onboarding

by Kelly Cromley
Feb 7, 2026
everclear
Market News

Everclear and Solana Join Forces to Tackle Cross-Chain Liquidity

by Kelly Cromley
Feb 6, 2026
India
Market News

India Expands 5G Labs to Power AI and Blockchain Innovation

by Kelly Cromley
Feb 6, 2026

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.