The company behind Steam updated its rules and guidelines to prohibit applications that issue or allow cryptocurrencies or NFTs to be exchanged.
Online gaming giant Steam is kicking blockchain-based video games off its platform.
Valve, the company behind Steam, updated its rules and guidelines yesterday to note that “applications built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs” will not be allowed to be published on its platform.
“Steam’s point of view is that items have value and they don’t allow items that can have real-world value on their platform,” the creators explained in a tweet.
Steam did not immediately respond to CoinDesk’s request for comment.
In a tweet on, Tim Sweeney, the CEO of Valve rival Epic Games, said that the company would “welcome games that make use of blockchain tech provided they follow the relevant laws, disclose their terms, and are age-rated by an appropriate group.”
UPDATE: (Oct. 15, 00:48 UTC): Updates with Epic Games CEO tweet.