Steam Bans Cryptocurrency and NFT

Valve made an unexpected decision for Steam, the world's largest digital game distribution platform. Games that use blockchain technology or allow players to buy and sell NFT and cryptocurrencies are banned on the platform.
 Steam Bans Cryptocurrency and NFT
READING NOW Steam Bans Cryptocurrency and NFT

Blockchain technology, which is one of the pioneers of the digital revolution, is not limited to cryptocurrencies or the financial sector. Systems using blockchain technology seriously affect existing systems. NFTs built on this technology have started to affect the digital works industry, especially the art industry.

NFT, which has been on the agenda for a while, literally means non-tradable token. The word token describes unique and unalterable packets of data stored in a digital ledger. NFTs represent unique digital assets. While NFT, which appears in many areas, has reached usable acceptance in digital games, an unexpected decision came from Steam.

Games that allow NFT or cryptocurrency trading are prohibited

Valve, the company of Steam, the world’s largest digital game distribution platform; He made an addition to the rules he set for developers who will publish games on the store, which will attract the reaction of those who are closely related to the crypto money industry, and added a new item to the list of what cannot be shared on Steam. According to the article, it was announced that games that allow NFT and cryptocurrency trading using blockchain technology cannot be shared on the platform.

Drawing attention to the item that cannot be shared on Steam and working on the development of an NFT-based game, a Twitter user named SpacePirate said that the game they developed was reportedly removed from Steam. Responding to Valve’s Steam move, Epic Games announced that they will allow games built on the basis of the blockchain in the Epic Games Store. Although this statement is good news for developers, it is estimated that Epic Games may also set important rules in the process.

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