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Steam Bans NFTs and Blockchain Games

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Fri, 15/10/2021 - 19:13
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Steam Bans NFTs and Blockchain Games
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Steam, a popular video game digital distribution service operated by Valve, has moved to purge all games that involve non-fungible tokens (NFTs) or cryptocurrencies, NME reports.

An update added to Valve’s onboarding page states that such applications shouldn’t be published on Steam in a blow to gamers who are embracing the new technology.

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With blockchain-based games of the likes of Axie Infinity surging in popularity, the gaming world seems to be divided over NFTs.

In late September, Epic Games CEO Tim Sweeney definitively rejected the idea of exploring NFTs. In a scathing tweet, the head of the Fortnite maker described the booming crypto sector as “an intractable mix of scams.”

In the meantime, a recent job posting published by EA Sports, a division of Electronic Arts, suggests that the iconic video game company is ready to dip its toes into NFTs.

As reported by U.Today, Grand Theft Auto 6 is also rumored to include in-game cryptocurrencies.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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