Video game company Valve has informed users that they are not allowing crypto-related content or inedible tokens through their Steam marketplace.
As report from the game developer SpacePirate, Steam updated its guidelines on October 14th for what content creators are allowed to publish on the platform. According to Steam, no application based on blockchain technology that issues or enables the exchange of cryptocurrencies or NFTs is allowed in their referral process to partners. This rule appears in conjunction with policies that prohibit hate speech, pornography, and libelous or defamatory statements.
While the new policy will appear to ban all traditional games containing content on crypto or NFT, it has also prevented blockchain game developers from posting on the platform. SpacePirate says their Age of Rust game has been removed, others will likely follow suit.
“Steam’s stance is that items have value and they don’t allow items of real value on their platform.” speak Producer. “While I respect your choice, I fundamentally believe that NFT and blockchain games are the future.”
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The move could be financially damaging for Valve as blockchain-based games become increasingly popular. According to a recently published report by DappRadar, there were a total of 754,000 individual active wallets connected to decentralized gaming apps for the further rollout of crypto in the third quarter of 2021.
However, Valve Corporation previously targeted cryptocurrency and blockchain on its Steam marketplace.
In 2018, the company removed a game that allegedly hijacked users’ computers in order to mine cryptocurrencies. Valve originally announced it would accept Bitcoin (BTC) payments in 2016, but later ceased operations citing high fees and volatility.
Cointelegraph reached out to Valve but had received no response at the time of publication.