Last week, Valve, the parent company of the video game digital distribution service Steam, updated its distribution guidelines. According to the latest rule change, the company bans any “blockchain-based applications that issue or allow the exchange of cryptocurrencies or non-fungible currencies.” Valve appears to have a problem with games that involve blockchain technology, crypto assets, or non-fungible tokens (NFT).
The company has quietly updated its page and the new rule has been added to the list of games that “You Shouldn't Publish to Steam.” Interestingly, Steam previously supported Bitcoin (BTC) for payments on its storefront but stopped supporting BTC in December 2017. The decision was made in 2017, 18 months after Valve allowed the storefront to accept the leading crypto asset for payments. The decision to ban these concepts comes at a time when the value and popularity of blockchain games and the non-fungible token industry has exploded.
For example, the blockchain game Axie Infinity has been hugely popular and generated $2.59 billion in NFT sales throughout, according to dappradar.com metrics. “This is a setback for everyone,” Age of Rust developer commented On October 14, 2021, the developer of blockchain game Age of Rust clarified that the game will no longer be available on Steam.
Community: A few minutes ago, we were notified that Steam will be kicking *all blockchain games* from its platform, including Age of Rust, because NFTs have value. “Behind the scenes, we had a good relationship and communication and were honest with Steam,” the game developer said. The blockchain game operator added: We have chosen to be upfront about blockchain games and NFTs.
As a result, we lost the battle with Steam. While I'm disappointed [about] the removal of Age of Rust, what's worse is the fact that all blockchain games will be removed. This is a setback for everyone.
A number of video game fans and blockchain game developers were disappointed by Valve's decision to ban all blockchain ideas. Kotaku AU editor Alex Walker opined that he was not surprised by Valve's decision. “It's no surprise that Valve has banned NFTs and crypto games.
“I suspect this is due to concerns about support from the business world, and also they already have a secondary market and don't want games to overtake that market,” Walker said. The Age of Rust developer said it respects Valve's choice. “Steam's view is that items have value and does not allow items that could have real value on its platform,” the official Age of Rust account confirmed.
"While I respect their choice, I fundamentally believe that NFT and blockchain games are the future. That's why I started this journey with all of you." Source
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