Crypto games will have no place on Steam

This story about potential opportunity, boiled down, in 1:51 minutes.

What’s the fuss?

The world’s most popular digital gaming storefront is banning games that involve cryptocurrency. With many forecasting that crypto-based games are the future, will this be a damper on progress?

The situation

GameFi, the combination of DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens), is the hottest new trend in gaming today.

Despite all of these “play-to-earn” games being on PC, the widely-used PC digital games storefront Steam will no longer allow these games to be hosted on their platform.

Boiling it down

With many gaming companies realizing how lucrative it is to have a platform that merely hosts and sell other developers’ games, Steam is facing more competition than ever before.

  • Perhaps Steam is getting complacent from being the market leader for so long, which may represent an opportunity for other digital storefronts such as Epic Games to catch up.

Gamers resort to Steam time and time again due to the sheer variety of games, given their relatively lax guidelines of putting a game on the platform.

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