Valve might not like NFTs, but just laid the groundwork for them
Counter-Strike: Global Offensive is one of the most popular games in the world and is one of the highest-grossing game IPs ever. And despite being around since 2012, CS:GO is still today one of the most popular FPS (first-person shooter) games, with a very large player base that is supported by a large community of professional and amateur players.
Having this in mind, it should be no surprise that CS:GO is a cash cow for Valve, as the game studio turned game publisher and distributor giant was a pioneer of in-game cosmetic microtransactions.
So, what’s with CS:GO?
Over the past years, there have been several reports of millions of dollars in CS:GO skins being stolen, and to make it worse, recent allegations suggest that the support staff outsourced by Valve was involved.
The allegation was brought forward by a Russian YouTuber who explained that a hacker conspired with one or more members of the support staff to target accounts that were inactive but had valuable CSGO skins. The support staff would obtain the account credentials, and the hacker would log in and transfer the skins to another account to sell on a third-party website. The buyers of these skins were unaware that they were purchasing stolen goods. The hacker would then delete all accounts involved and start again.
No need to say that even though CS:GO has a very loyal community, if these stories are proven true, no organization or brand is immune to the damage. Gamers will lose trust because their assets are not safe anymore, and the wreckage to Valve’s reputation can be irreparable.
Continue reading… ⬇
https://www.renft.io/blog-posts/valve-might-not-like-nfts-but-just-laid-the-groundwork-for-them
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