Friday, July 1, 2022
No Result
View All Result
Esports Grizzly
  • Home
  • College Esports
  • Industry
  • GamesUpdates!
    • Call of Duty
    • Counter Strike
      • CS:GO Betting Sites
    • DOTA 2
      • Dota 2 Betting Sites
    • FGC
    • Fortnite
    • League of Legends
      • League of Legends Betting Sites
    • Mobile Legends
    • Overwatch
    • PUBG
    • Rainbow Six Siege
    • Valorant
  • Esports Betting SitesNew
    • Bitcasino Esports Review | Evil Geniuses’ Home Esports Bookmaker
    • Sportsbet.io Esports Review
    • Cloudbet Esports Review | Is Cloudbet Legit?
    • Dogecoin Esports Betting Sites
    • Luckbox Review (2021) – Is Luckbox Esports Safe?
    • Betway Esports Review
    • GG.Bet Esports Review | League of Legends, Dota 2 and CS:GO
    • Rivalry Esports Review
    • Pinnacle Esports Review
  • Consoles
  • Streamers
  • Q&A
  • Blog
  • Opinion
  • Newsletter
Friday, July 1, 2022
No Result
View All Result
Esports Grizzly
No Result
View All Result

tim-sweeney-epic-games-ceo-giving-a-presentation

Image credit: Wikipedia

All Crypto-Based Games Are Now Banned from Steam’s Online Store

in Gaming
October 18, 2021
  • Steam’s new regulations will have negative effects on crypto-based games
  • Developers are already voicing their concerns over the decision
  • Epic embraces crypto-based and NTFs unlike its main competitor

Steam’s new rules and regulations ban all crypto-based games from their online store. On the other hand, Epic seems to embrace them.

Steam Effectively Bans Blockchain Games

Ever since its creation in 2003, Steam has been a staple in the gaming industry, accounting for a massive part of the online sales and distribution of games, with some people even accusing them of monopolizing the market. Whether these claims are true or not, the numbers speak for themselves as Steam services over 125m active users and has over 50k games on its store.

With so many games and users, the platform needs moderation on payment methods and recently these have been updated. The new changes specifically make mention of cryptocurrencies. On October 14, Steam specifically mentioned “applications built on blockchain technology” in their onboarding rules. This new ruling will effectively ban all crypto-based games from its online store.

Game Developers Are Not Happy

Naturally not everyone is pleased with the new changes, as it will affect not only buyers but also the game creators themselves. The Age of Rust developers expressed their concerns in a Twitter thread.

Community: A few minutes ago, we were notified that @Steam will be kicking *all blockchain games* off the platform, including Age of Rust, because NFTs have value. Behind the scenes, we've had good communication and have been upfront with Steam. #blockchaingames #NFT
1/4 pic.twitter.com/W4pR3Xl63q

— Age of Rust (@SpacePirate_io) October 14, 2021

As well as voicing their concerns, the devs also said they had good communication with Steam and wanted to explain their point of view. They said that Steam thinks that items have value and they don’t allow items that can have real-world value on their platform.

The changes will impact other games with blockchain integration, such as Mir4. According to the game’s official website, a player can earn DRACO, which is its own custom cryptocurrency, which was already a point of controversy amongst the player base, probably leading to the game’s increasing number of negative ratings.

Epic Welcomes Crypto

Epic has been rising in popularity in the last few years, becoming one of Steam’s biggest competitors. So the fact that the company announced they will be embracing games that support cryptocurrency or blockchain-based assets probably shouldn’t surprise many people.

Tim Sweeney, founder and CEO of Epic, posted on Twitter about the decision, saying that as long as games follow the relevant laws, disclose their terms, and are age-rated by an appropriate group, then they are welcomes to the platform.

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. https://t.co/6W7hb8zJBw

— Tim Sweeney (@TimSweeneyEpic) October 15, 2021

He said one reason for this decision is that Epic would like to work for innovation in the areas of technology and finance. The company would be willing to work with “early developers” in the world of NFTs, too.

Epic has been trying to climb up the ladder of major games distributors, and perhaps Steam’s decision will be a mistake they will regret in the future.

Tags: BlockchainEpic GamesSteamValve
Iwona BaluchbyIwona Baluch
Tags: BlockchainEpic GamesSteamValve
Home » All Crypto-Based Games Are Now Banned from Steam’s Online Store
ShareShareTweetShareSend
league-of-legends-clash-between-champions
Blog

Betting on League of Legends: Top 5 Sites to Wager Using Bitcoin

by Papa Bear
March 1, 2022

Few games have captured the hearts of the wider audiences quite like Riot Games’ masterpiece League of Legends has. The...

Read more
overwatch-female-characters
Opinion

Women in Esports: How Esports Are Moving Towards a More Inclusive Future

by Angel Hristov
October 25, 2021

Gaming has long been regarded as something reserved for nerdy boys. As times change women join in on the fun...

Read more
v-bucks-currency-in-fortnite
Blog

Bitcoin Esports: Best Crypto Esports Betting Sites

by Alexander Todorov
January 23, 2022

Bitcoin esports betting is on the rise. The idea of placing wagers on your favorite esports teams is an experience...

Read more

Latest and Popular

Newcastle, Apex Legends' latest character.
Gaming

Apex Legends Fans Create a Brilliant Solution for Solo Ranked Players

by Stefan Velikov
June 21, 2022
Game Pass to feature Riot Games titles.
Gaming

Riot and Xbox Partner up to Bring Riot’s Games to the Game Pass

by Stefan Velikov
June 15, 2022
Stormgate's RTS genre thriving.
Gaming

Stormgate: A Spiritual Successor to StarCraft 2, Adding Many New Things

by Stefan Velikov
June 12, 2022
Smite and OTK $100K tournament.
Gaming

OTK Will Host a $100 000 Smite Tournament

by Stefan Velikov
June 12, 2022

Next Post
gameplay-from-bb-game-studios-abandoned

Abandoned Not Related to Silent Hill, Developers Frustrated with Death Threats

eSports Grizzly Mobile Dark
eSports Grizzly Mobile Dark

Content Categories

  • Blog
  • Call of Duty
  • College Esports
  • Consoles
  • Cosplay
  • Counter Strike
  • DOTA 2
  • FGC
  • Fortnite
  • Gaming
  • Halo
  • Hearthstone
  • Industry
  • League of Legends
  • Mobile Legends
  • News
  • Opinion
  • Overwatch
  • Popular
  • PUBG
  • Q&A
  • Rainbow Six Siege
  • Rocket League
  • Streamers
  • Uncategorized
  • Valorant

Recent Posts

  • NaVi Dominates the BLAST Premier Spring Final 2022
  • Arsenal Veteran Footballer Mesut Özil Might Move into Esports
  • Blizzard Promises Consistent Content Updates and Battle Pass For Overwatch 2

About Esports Grizzly

We bring you the best Premium esports content from around the globe.

Our FREE weekly newsletter

Keep in the loop with our minimalist weekly newsletter. Subscribe today!

GET IN TOUCH

Esports Grizzly reports on the latest industry and gaming intelligence, Want to pitch in? Get in touch!

  • Home
  • About us
  • Privacy Policy
  • Disclaimer
  • Terms and Conditions
  • Contact

© 2021 Esports Grizzly - Your daily BITE of global esports

No Result
View All Result
  • Home
  • College Esports
  • Industry
  • Games
    • Call of Duty
    • Counter Strike
      • CS:GO Betting Sites
    • DOTA 2
      • Dota 2 Betting Sites
    • FGC
    • Fortnite
    • League of Legends
      • League of Legends Betting Sites
    • Mobile Legends
    • Overwatch
    • PUBG
    • Rainbow Six Siege
    • Valorant
  • Esports Betting Sites
    • Bitcasino Esports Review | Evil Geniuses’ Home Esports Bookmaker
    • Sportsbet.io Esports Review
    • Cloudbet Esports Review | Is Cloudbet Legit?
    • Dogecoin Esports Betting Sites
    • Luckbox Review (2021) – Is Luckbox Esports Safe?
    • Betway Esports Review
    • GG.Bet Esports Review | League of Legends, Dota 2 and CS:GO
    • Rivalry Esports Review
    • Pinnacle Esports Review
  • Consoles
  • Streamers
  • Q&A
  • Blog
  • Opinion
  • Newsletter

© 2021 Esports Grizzly - Your daily BITE of global esports

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.