Steam Prohibits Blockchain & NFT games October 16, 2021 October 16, 2021 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsOctober 16, 2021 by Kelly Cromley

Steam Prohibits Blockchain & NFT games

According to SpacePirate Games, the creator of the Age of Rust video game, Valve does not allow blockchain-based games or games that use NFTs on Steam. Valve said on Twitter yesterday that it will be removing all blockchain-based games off the platform, effective immediately.

As shown by a snapshot of Steam’s developer rules and guidelines that was attached to the message, games “based on blockchain technology that issue or enable exchange of cryptocurrencies or non-fungible tokens” were not permitted to be published on the platform.

It was said that “Steam’s perspective is that things have worth and that they do not allow stuff that have real-world value on their network,” the developer explained.

Valve’s apprehension about in-game goods acquiring real-world worth may be influenced in part by gambling regulations in its home state of Washington, where the company is based. After the Ninth Circuit Court of Appeals determined that virtual chips in the social casino game Big Fish Casino qualified as “a item of value” under Washington law, the game itself was declared to be an unlawful gambling business in 2018.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.