Steam bans blockchain games

[Hamphser]

steam made a good decision so that there are no more victims of p2e scams

That's steam kinda own decision, for me gaming on blockchain and making money out of it makes more sense that playing games on PlayStation 5 and earn nothing in return, there is a saying that time is money and if money can be made from fun then it's even better, screw steam I love axie infinity

oh yeah axie infinity is a good game I have friends who make a lot of money from axie. It's really bad luck I didn't play when the capital needed was still low

Could you mention on what p2e on steam that becomes scam? I believe that theres no much games that is on steam as of this moment.They are really just aware on how these blockchain games

could be potentially a problem which would really make out such step which I don't see for it to be good considering on how big and popular Steam is then it would be much better if we do see the other

way around and would really be making up some noise on this gambling industry if ever they had reverted their decision.

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[batang_bitcoin]

steam made a good decision so that there are no more victims of p2e scams

Are you telling this in general so that Steam won't add those games that allows p2e on their platform? AFAIK, there's no scam P2E that has been there on Steam ever since the NFT of games has popped with the P2E's feature. And those people that are becoming a victim of p2e scams, they're the same as the victim of ICOs. They've been buying through hype and doesn't do that much research. There's a lot of p2e and they're not the only scams out there in the market and it's always the investors discretion to research before investing as their entry to p2e projects.

[Shenzou]

I actually agree with this decision, blockchain games are just based completely on trading and getting real money for basically doing nothing, and some of these games have no gameplay so they are obviously trying to get on the trend and just scam people as they are easy to make and does not take that much effort to create, Steam is full of shitty games that are also made just for money grab, but but they are not bluntly built on RMT, and i don't want for the blockchain to be used like this or be associated with these scams, because it is supposed to be used for good causes and for technological advancement.

[Kakmakr]

I cannot differ from you more.... Why do we have to "ban" something, if scammers are using this technology? This trend of large social media and entertainment companies calling all the shots, goes directly against what Bitcoin was developed for. (Abuse of centralized authority)

Crypto currencies are "money" and scammers will latch onto anything that has value and also every platform that can be used to exploit people. (Did Facebook ban Fiat currencies, when it was used for all the scams that are advertised on Facebook?)

[davis196]

Since when "real" money is not being traded for all short of game items? Why is this different from, for example, paying a large sum for a "Black Lotus" in the game Magic, or buying Warhammer figurines? The fact that transactions take place in crypto and that the items out there are digital should not confused with scams. This comment should really be revised as it puts all crypto on the same sack.

I agree with your opinion,but we have to distinguish play-to-win games with play-to-earn games.
In the first case,the players are buying items in order to win the game,in the second case the players are "investing" buying items with the hope of selling them later at a higher price or just earning some kind of dividend,which means that the players want to MAKE MONEY.They don't care about winning the game.
Valve corporation(which AFAIK owns the Steam platform) are against play-to-earn games,because most of them look like gambling or ponzi schemes.Valve has nothing against play-to-win games,because those games bring more revenue for the game developers and more revenue for Valve.

[jaberwock]

Well… the first thing I’d like to point out is that blockchain games are not the only games where you will have to be paying real money, other games does that too, there is what is called – in-app purchase. Games do have stores where you scan purchase some things in the game such as player outfits or new weapons that can only be purchased, some of them have subscription where you subscribe for gems and things like that. So, it is nothing new.

But, I’m not saying this because I am in support of blockchain games or whatsoever, I have never played blockchain games before and I don’t know how it works or what it’s all about. But them saying that featuring real money trade is why they banned them, I don’t think that is enough reason, and moreover from what I have heard, people play blockchain games to earn money.

I don’t even play blockchain games, and I have not even tried any of them at all. But from what I’ve learned, I thought that blockchain games were all about earning money? So if they were all about making money, I wouldn’t be surprised to hear that they are having to trade real money in the games.

Then another thing is that if a game is all about trading money then it is no longer just a game, it is now something else, so I wouldn’t say that it was bad for Steam to remove all of them from their platform. If it doesn’t fit in on their platform then they have the right to remove them. I’m not even a fan of those games ‘cause they’re not up to the standards of the kind of games I would like to play.

[Silberman]

I cannot differ from you more.... Why do we have to "ban" something, if scammers are using this technology? This trend of large social media and entertainment companies calling all the shots, goes directly against what Bitcoin was developed for. (Abuse of centralized authority)

Crypto currencies are "money" and scammers will latch onto anything that has value and also every platform that can be used to exploit people. (Did Facebook ban Fiat currencies, when it was used for all the scams that are advertised on Facebook?)

This just means that we need a decentralized Steam platform, I do not know if it already exists but if it does not then that is a great area of opportunity and something that will be useful for a change, also we must understand that centralized platforms are often pressured to not accept cryptocurrencies and if they do to get rid of them at the first sign of trouble as governments are experts at dealing with centralized entities, so the creation of a decentralized alternative is more necessary than ever, even if I am not really a fan of those games.

[Oilacris]

I cannot differ from you more.... Why do we have to "ban" something, if scammers are using this technology? This trend of large social media and entertainment companies calling all the shots, goes directly against what Bitcoin was developed for. (Abuse of centralized authority)

Crypto currencies are "money" and scammers will latch onto anything that has value and also every platform that can be used to exploit people. (Did Facebook ban Fiat currencies, when it was used for all the scams that are advertised on Facebook?)

This just means that we need a decentralized Steam platform, I do not know if it already exists but if it does not then that is a great area of opportunity and something that will be useful for a change, also we must understand that centralized platforms are often pressured to not accept cryptocurrencies and if they do to get rid of them at the first sign of trouble as governments are experts at dealing with centralized entities, so the creation of a decentralized alternative is more necessary than ever, even if I am not really a fan of those games.

Anything that having a centralized system wouldnt always be considered to be that good if you do tend to compare or making it similar to Steam platform itself which means that games will be offered or features wont really be similar on this one.

It is really just bad that steam do make out such decision considering that they had adopted or accepted bitcoin payment in the past
and now they do revert that decision and now they prohibit blockchained games?

Its their choice though but we know that we do prefer full adoption scale but its impossible.

[rodneyTG]

This just means that we need a decentralized Steam platform, I do not know if it already exists but if it does not then that is a great area of opportunity and something that will be useful for a change, also we must understand that centralized platforms are often pressured to not accept cryptocurrencies and if they do to get rid of them at the first sign of trouble as governments are experts at dealing with centralized entities, so the creation of a decentralized alternative is more necessary than ever, even if I am not really a fan of those games.

Silberman, it sounds great, but I don't think that it would work without a huge financial resources, that you need to invest in such a project. And in that moment - it would definitely lose in it's potential decentralization. And of course, we should keep in mind, that every crypto game should be at least interesting, with different options to choose while you are going through all kind of levels. But of course, sometimes you may want to play something commonplace and easy, like wheel crypto game in which you should react only on the wheel and predict - the next steps, which would be taken in the gameplay.

[cabron]

I cannot differ from you more.... Why do we have to "ban" something, if scammers are using this technology? This trend of large social media and entertainment companies calling all the shots, goes directly against what Bitcoin was developed for. (Abuse of centralized authority)

Crypto currencies are "money" and scammers will latch onto anything that has value and also every platform that can be used to exploit people. (Did Facebook ban Fiat currencies, when it was used for all the scams that are advertised on Facebook?)

This just means that we need a decentralized Steam platform, I do not know if it already exists but if it does not then that is a great area of opportunity and something that will be useful for a change, also we must understand that centralized platforms are often pressured to not accept cryptocurrencies and if they do to get rid of them at the first sign of trouble as governments are experts at dealing with centralized entities, so the creation of a decentralized alternative is more necessary than ever, even if I am not really a fan of those games.

Anything that having a centralized system wouldnt always be considered to be that good if you do tend to compare or making it similar to Steam platform itself which means that games will be offered or features wont really be similar on this one.

It is really just bad that steam do make out such decision considering that they had adopted or accepted bitcoin payment in the past
and now they do revert that decision and now they prohibit blockchained games?

Its their choice though but we know that we do prefer full adoption scale but its impossible.

They should be adopting BTC back again now that it is widely.  Its a big mistake since the world is adopting but Steam is moving away.

There might be changes in the future I'm sure since Ubisoft seeks to create blockchain games. According to the article, Ubisoft is a validator node on the Tezos network which their CEO said and I quote.

“Blockchain will enable more play-to-earn that will enable more players to actually earn content, own content, and we think it's going to grow the industry quite a lot. We've been working with lots of small companies going on blockchain and we're starting to have a good know-how on how it can impact the industry, and we want to be one of the key players here.”

To me, this sounds like they're also up to make a play-to-earn game.

[Silberman]

This just means that we need a decentralized Steam platform, I do not know if it already exists but if it does not then that is a great area of opportunity and something that will be useful for a change, also we must understand that centralized platforms are often pressured to not accept cryptocurrencies and if they do to get rid of them at the first sign of trouble as governments are experts at dealing with centralized entities, so the creation of a decentralized alternative is more necessary than ever, even if I am not really a fan of those games.

Silberman, it sounds great, but I don't think that it would work without a huge financial resources, that you need to invest in such a project. And in that moment - it would definitely lose in it's potential decentralization. And of course, we should keep in mind, that every crypto game should be at least interesting, with different options to choose while you are going through all kind of levels. But of course, sometimes you may want to play something commonplace and easy, like wheel crypto game in which you should react only on the wheel and predict - the next steps, which would be taken in the gameplay.

And without a doubt you are right, it would not be easy to attempt to do something like that but that is what developers are for, a problem that can be solved easily is not really a problem at all, the problems that require innovation are the ones where we can truly see their talent, and since that is something the community needs right now due to the rising popularity of NFT games then I think this is something a few developers are already working on.

[Lotus]

NFTs are probably here to stay for a while and it's more about ownership than what the system runs on. In practice, I don't think this has been realized at any meaningful scale yet.

[xSkylarx]

steam made a good decision so that there are no more victims of p2e scams

Are you telling this in general so that Steam won't add those games that allows p2e on their platform? AFAIK, there's no scam P2E that has been there on Steam ever since the NFT of games has popped with the P2E's feature. And those people that are becoming a victim of p2e scams, they're the same as the victim of ICOs. They've been buying through hype and doesn't do that much research. There's a lot of p2e and they're not the only scams out there in the market and it's always the investors discretion to research before investing as their entry to p2e projects.

I concur completely on this point. It is the case with the ICOs previously and currently in that they are purchasing them solely on the basis of hype and not conducting their own research. NFT is extremely good right now, and you should avoid generalising about all NFT games available, as not all are scams. I believe steam banned it because they believe it is an additional platform or genre that they are unable to control. However, as a player of NFT games, I believe this is a minor issue, as the majority of players do not rely solely on the Steam platform.

[Snappycoco]

Very bad news for those P2E projects who are planning to launch on steam. I heard CiFi was also trying to launch there so I think it could hurt them. But still I think P2E could still grow without steam on their sides. Lots of platform could fill this space in no time I think. Aside from that, I think mobile platform are the best way for these P2E.

[hatshepsut93]

Today Squid Game token - yet another blockchain play to earn project, has pulled the rug and crashed the price from $2,800 to zero. Steam made the right decision to kick all such projects off their platform, because they would only be helping scammers.

I cannot differ from you more.... Why do we have to "ban" something, if scammers are using this technology? This trend of large social media and entertainment companies calling all the shots, goes directly against what Bitcoin was developed for. (Abuse of centralized authority)

There is no abuse of centralized authority, it's their platform, they decide what to host and what not. It's not like they are going to break some people's doors and arrest those who make/play blockchain games.

[TheNineClub]

https://twitter.com/SpacePirate_io/status/1448713803680473089

Steam decided to kick all blockchain games because they tend to feature real money trading for in-game items.

IMO this is a good decision, at the current state blockchain games are just another vehicle for speculative investments and even scams, and unsuspecting people shouldn't be lured into them.

And I can't agree that blockchain is the future for gaming, I'm a gamer myself and I never thought "Oh how I fish this game was running on blockchain". I never had any problems with centralized game servers, so why fix what is not broken? Especially since it's the blockchain that has problem like high fees, bugs in smart contracts, confirmation times. Not to mention that introducing real money into games tends to leading into very poor ecosystem.

you know you make a good point there. We seem to be throwing blockchain and everything to see what sticks, and honestly, this is where id doesn't seem to be sticking at all. Why are they still trying is beyond me. As for the Steam ban, isn't buying in-game cosmetics and loot boxes also 'real money trading for in-game items? I mean, it seems to be the same thing, so I don't see what issue has Steam with it.

[hatshepsut93]

you know you make a good point there. We seem to be throwing blockchain and everything to see what sticks, and honestly, this is where id doesn't seem to be sticking at all. Why are they still trying is beyond me. As for the Steam ban, isn't buying in-game cosmetics and loot boxes also 'real money trading for in-game items? I mean, it seems to be the same thing, so I don't see what issue has Steam with it.

1. Most of the real money purchases are optional in traditional games, while in blockchain games they are affecting gameplay.

2. A lot of blockchain games are created purely for making speculative tokens for pump and dump schemes, so essentially they are just using Steam to advertise their investment scam.

[Lanatsa]

you know you make a good point there. We seem to be throwing blockchain and everything to see what sticks, and honestly, this is where id doesn't seem to be sticking at all. Why are they still trying is beyond me. As for the Steam ban, isn't buying in-game cosmetics and loot boxes also 'real money trading for in-game items? I mean, it seems to be the same thing, so I don't see what issue has Steam with it.

1. Most of the real money purchases are optional in traditional games, while in blockchain games they are affecting gameplay.

2. A lot of blockchain games are created purely for making speculative tokens for pump and dump schemes, so essentially they are just using Steam to advertise their investment scam.

Im seeing that option too to be relevant on which using up a big and known platform to advertise their blockchain based scam game will really be high likely plausible or having that main intent.

Steam isn't really blind on whats happening around when it comes to frauds and scams which it is understandable that they are really focusing more on this manner rather than

on minding on accepting blockchain based games just for the benefit or sake of adoption? They are still the ones who do make out such decision.

[ultrloa]

you know you make a good point there. We seem to be throwing blockchain and everything to see what sticks, and honestly, this is where id doesn't seem to be sticking at all. Why are they still trying is beyond me. As for the Steam ban, isn't buying in-game cosmetics and loot boxes also 'real money trading for in-game items? I mean, it seems to be the same thing, so I don't see what issue has Steam with it.

2. A lot of blockchain games are created purely for making speculative tokens for pump and dump schemes, so essentially they are just using Steam to advertise their investment scam.

This is one of the reason why I can't blame steam on why they decide to do this knowing there are so many scam on crypto and they just avoid it so that their platform will not be used by scammers for their attempts. And maybe its a good action made by them since for sure if steam will let this addition happen for sure many will lose their money since they think all the blockchain games will be listed at them is legit and put a huge amount without thinking deeply about what they are doing.

[beerlover]

A lot of blockchain games are created purely for making speculative tokens for pump and dump schemes, so essentially they are just using Steam to advertise their investment scam.

This sounds like a valid reason also justify the steam's action of banning blockchain based games. How a platform will accept to keep on hosting "planned scams", if you ask me, any reputed services will take similar action in favour of their customers.

Steam's ban on blockchain games should not be left out like just another incident in crypto space. It is kind of alarming to this community like scams on crypto space is exceeding the tolerable levels. This way major service provider also may ban all kind of crypto activities when they find 90% of new projects are not keeping up their promises.