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Valve bans all games with NFTs and cryptocurrencies on Steam

Valve, NFT, cryptocurrency, Steam, Epic Games, blockchain

Steam will no longer host games that have NFTs and cryptocurrencies, as Valve unceremoniously removed them from Steam.

Without any announcement or warning, Valve suddenly removed all games on Steam that have NFTs and cryptocurrencies on them. On a new guideline on Steamworks, it reads: “applications built on blockchain technology that issue or allow exchange of cryptocurrency or NFTs” are not allowed on the platform.

These bans won’t stop the games, however, as they can continue hosting on a different server without using Steam’s servers. However, it’s undeniable that their reach will no longer be as widespread as they once had while they were on Steam.

NFT and cryptocurrency-based games have grown in popularity over the past year. While Steam didn’t announce this ban, it was developers Space Pirate that revealed the change on their Twitter account.

If not on Valve’s Steam, then where could blockchain-based games find a home instead? Well, apparently the Epic Games Store’s doors are open for them. Last night, Tim Sweeney tweeted that:

“Epic Games Store will 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. Though Epic’s not using crypto in our games, we welcome innovation in the areas of technology and finance.”

It’s completely clear now how the two rival platforms view blockchain-based games.