Steam Bans Games Containing NFTs or Cryptocurrency Features, Epic Games Store Counters by Allowing Them
The recent news that Steam was banning games containing NFTs or cryptocurrency features has led to some confusion and controversy. What is the current status of these games? How will this affect the future of blockchain-powered gaming?
The valve bans blockchain games nfts steam is a recent decision by Valve to ban games that contain NFTs or cryptocurrency features. Epic Games Store counters this move by allowing them.
Image credit: Steam
Steam has chosen to prohibit any games that utilize cryptocurrencies or non-fungible tokens (NFTs), which are digital assets used to verify the validity and ownership of readily replicable things like pictures, video, and music. The decision was disclosed in a tweet by the Age of Rust creators, who noticed an updated list of Steam’s rules, which said that games that allow for the trading of cryptocurrencies or NFTs were not welcome. Age of Rust, an upcoming game in which players earn in-game NFTs by completing riddles, has an issue with this.
Community: We just got word that @Steam is removing *all blockchain games* from their platform, including Age of Rust, since NFTs have value. We’ve had excellent behind-the-scenes contact and have been honest with Steam. #NFT 1/4 pic.twitter.com/W4pR3Xl63q #blockchaingames
October 14, 2021 — Age of Rust (@SpacePirate io)
According to Steam’s Onboarding page, the following items should not be published:
- Speech that encourages hatred, violence, or discrimination against groups of people based on race, religion, gender, age, handicap, or sexual orientation is known as hate speech.
- Real-life sexually explicit pictures
- Adult material that isn’t age-gated or properly labeled
- Defamatory or libelous remarks
- You don’t own or have sufficient rights to content you don’t own.
- Content that is illegal in any area where it will be made accessible
- Offensively unpleasant content or anything designed to shock or offend viewers
- Any content that exploits minors in any manner is prohibited.
- Malware or viruses, for example, are programs that alter a customer’s computer in unexpected or dangerous ways.
- Applications that try to collect sensitive information, such as Steam passwords or financial information, in a false manner (e.g. credit card information)
- Video material that isn’t directly linked to a Steam product that has been released.
- 360 VR Videos that aren’t interactive
- Blockchain-based applications that issue or enable the trading of cryptocurrencies or NFTs.
Valve has yet to explain why it is avoiding cryptocurrencies and/or NFTs, but Epic Games CEO Tim Sweeney has already taken advantage of the situation by declaring that he would enable these kinds of blockchain capabilities in games on the Epic Games Store.
Sweeney tweeted, “Epic Games Store will accept games that utilize blockchain technology as long as they obey the applicable laws, publish their conditions, and are age-rated by an appropriate organization.” “While Epic does not use cryptocurrency in its games, we encourage technological and financial innovation.”
Epic Games Store will accept games that utilize blockchain technology as long as they meet all applicable laws, disclose their conditions, and are rated appropriately by a third party. Though Epic does not use cryptocurrency in its games, we encourage technological and financial innovation. https://t.co/6W7hb8zJBw
15 October 2021 — Tim Sweeney (@TimSweeneyEpic)
Age of Rust is the source of this information.
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The bans games nfts on steam is a recent decision that Steam has made. This decision was announced by Scott Blanchard of Valve, and it affects all games with NFTs or cryptocurrency features. Epic Games Store counters this decision by allowing them.
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