Topic: Steam bans blockchain games (Read 613 times)
Steam is the largest gaming platform in the world that has quietly banned the use of blockchain games, the NFT company for vedio games has decided to raise a new question about it because blockchain technology games NFTs crypto currency are can't allow for steam just because of a company that every game can seem to have real value in the county.
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.
I'm also against it because I'm a gamer and, of course, I play p2e games, but if I want to play a good game, I'll look at how good it is, but when I'm looking for a p2e game that gives fast roi and profit, steam isn't the best platform; instead, create your own platform or app that will launch the game. Steam is purely for those games that are all about enjoyment.
Steam took this decision? Good for them.
If steam has banned blockchain games, it means they have opened doors for those games to market their projects themselves. It may be difficult, but it will be helpful for the growth of games that are p2e and token based. Steam wants games with real money trading experience but didn't understand the potential that these new small games hold inside them.
If steam has banned blockchain games, it means they have opened doors for those games to market their projects themselves. It may be difficult, but it will be helpful for the growth of games that are p2e and token based. Steam wants games with real money trading experience but didn't understand the potential that these new small games hold inside them.
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.
those scam projects or blockchain game by those shady devs.They dont like that they would be touched by those or in each other because they have something needs to protect.
It isnt really that surprising that they had made out such decision towards or against with those type of games.
That is a valid concern.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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.
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.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?)
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.
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“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.
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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.
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.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?)
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.
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. 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?)
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