Game development

26 NFT developers send very sad letter to Valve about Steam ban

A screenshot from Arrested Development

Screenshot: Development stopped

Earlier this month, Valve banned all cryptocurrency and NFT sales on Steam, which has not only established rules governing future sales (or lack thereof) of titles on its platform, but has also released a few games that have already been released and are based on the technology.

In response, a group of 26 developers, along with three other groups – the advocacy group (haha) Fight for the Future, Enjin (an NFT platform) and The Blockchain Game Alliance (see image above) – wrote an open letter complaining about Valve’s decision.

It reads:

To Valve Corporation:

Fight for the Future, Enjin and The Blockchain Game Alliance, along with 26 blockchain game companies, are calling on Valve to reverse its ban on web3 technologies on the Steam platform, such as blockchain games and NFTs.

Games that use blockchain technology and Web3 token-based technologies like DAOs and NFTs can positively improve the user experience of games and create new economic opportunities for users and creators. Tokens, in particular, open up vast possibilities for users to interact, collaborate, and create tangible digital worlds and objects that were previously impossible. These improvements make games more decentralized, democratic, interactive, and player-focused. They also provide an opportunity to streamline and modernize intellectual property rights in a way that would greatly benefit independent creators and established companies. These innovations would bring with them improvements in music distribution, book publishing, collectibles, etc.

Valve is known for its willingness to experiment and innovate, not only with its games, but with the Steam platform itself. Seen as a pioneer in changing the way gamers sell and trade digital game items over a decade ago, Valve likely understands the impact that more concrete support would facilitate. In the spirit of this pioneering vision, we ask you to try your luck with this growing technology: remember your roots, let the industry prove to be a positive contributor to the gaming ecosystem as a whole, and reverse your decision to ban an entire category of software from the Steam platform.

“Blockchain games are pioneering a number of new concepts that will energize the gaming industry for gamers and publishers. To cut this burgeoning industry at such a crucial stage of development is to ignore progress. remarkable things we have achieved this year, while creating inequitable market access for incumbents. We want to invite an open dialogue with the folks at Valve, as well as with the mainstream gaming industry at large, in order to better understand their perspectives on the challenges ahead and determine how we can collaborate more effectively in the future. – Sébastien Borget, President, Blockchain Game Alliance

“Decentralization with cryptocurrency is often misunderstood and seen as a threat to the status quo. In the case of players with NFT gaming assets, closed platforms see it as competition. The narrative of these walled gardens regarding blockchain technologies is similar: either it does not conform to their basic model, or the technology is simply referred to as a greater risk. The future of gaming lies in decentralized assets owned by players, where players are valued for their time and effort devoted to gaming. Whether it’s an NFT or another asset class, change is happening. – Chris LoVerme, CEO of SpacePirate Games

Valve, Web3 games are a fast growing and exciting game category that has its place in the Steam ecosystem. Please consider changing your stance on this issue and allowing tokens and, more broadly, the use of blockchain technology on the Steam platform. Don’t ban blockchain-based games on Steam.

Valve did not respond to the letter. And NFTs are a scam.



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