Video game platform Steam bans NFTs, crypto and blockchain-based games
October 15, 2021, 4:38PM EDT
1 min read
The video game distribution platform Steam has updated its guidelines to ban the use of non-fungible tokens (NFTs), cryptocurrencies or other blockchain-based technologies from its platform.
The new rule was tacked onto a list of “What you shouldn’t publish on Steam,” which also bans hate speech, libelous or defamatory statements and non-interactive 360 virtual reality videos.
“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,” wrote a user named Space Pirate on Twitter, who was among the first to notice Steam’s change in guidelines on Thursday.
Space Pirate is part of the team behind a game called Age of Rust, which includes blockchain technology and NFTs in its gameplay. They said on Twitter that the game had been removed.
“While I respect [Steam’s] choice, I fundamentally believe that NFTs and blockchain games are the future. It's why I started this journey with all of you," they said.