Blockchain Game Studios Pen Open Letter to Valve Following Announcement of Crypto-Based Titles Ban

“Decentralization with cryptocurrency is often misunderstood and viewed as a threat to the status quo.”

Gaming
1.1K 1 Comments
Save

Last week, Valve announced that Steam would not be allowing any crypto-based games and NFTs on its platform, resulting in various blockchain game developers expressing their disappointment in the company. Now, a collective of more than 26 studios has come together to issue an open letter asking Valve to reconsider its policy.

Spearheaded by the advocacy group Fight For the Future, NFT trading platform Enjin, and the Blockchain Game Alliance, the open letter directly address Valve and details why there shouldn’t be a ban on crypto-based titles on the massive distribution platform. The collective contends that using blockchain technology and web3 token-based technologies such as DAOs and NFTs can greatly enhance gaming experiences while creating new economic opportunities for both players and users. The advent of this technology would also “open up vast possibilities for users to interact, collaborate, and create tangible digital worlds and items that were previously impossible,” making games “more decentralized, democratic, interactive, [and] player focused.”

“Blockchain games are pioneering a number of new concepts that will invigorate the gaming industry for players and publishers alike,” explains the Blockchain Game Alliance’s president Sebastien Borget. “To cut off this burgeoning sector at such a crucial stage of development is to ignore the remarkable progress we have achieved this year, while creating unfair access to market for incumbents. We wish to invite an open dialogue with the people at Valve, as well as the broader mainstream gaming industry, to better understand their perspectives on the challenges ahead, and to determine how we can collaborate more effectively in future.”

Elsewhere in the gaming industry, Activision Blizzard has decided to cancel BlizzCon 2021 in light of recent controversies.

Read Full Article

What to Read Next

Prices for Valve's Next-Gen Steam Machine Start at $1,049 USD
Gaming

Prices for Valve's Next-Gen Steam Machine Start at $1,049 USD

The upcoming hardware targets the living room again with a compact cube design, lottery reservations, and Steam Frame VR waiting in the wings.
3 Sources

Valve's Steam Controller Is Already Sold Out, And New Orders Won't Ship Until 2027
Gaming

Valve's Steam Controller Is Already Sold Out, And New Orders Won't Ship Until 2027

Early reservations are currently scheduled for September or December 2026 fulfillment.
4 Sources

'Creepshow' Enters Gaming With an Anthology Horror Title Coming to PC This Summer
Gaming

'Creepshow' Enters Gaming With an Anthology Horror Title Coming to PC This Summer

DreadXP’s upcoming title lets players guide Danny through mall-set nightmares, weaving Brian Clarke’s survival-driven anthology stories into interactive terror.
D 5 Sources


Valve's Most Expensive Steam Deck Now Costs $949 USD After a Surprise Price Increase
Gaming

Valve's Most Expensive Steam Deck Now Costs $949 USD After a Surprise Price Increase

A global RAM shortage driven by AI hyperscaler demand has pushed both OLED models up by as much as $300 USD, with no hardware changes to show for it.

Medicom Toy Reworks 1950 Vintage 'Peanuts' Figures
Design

Medicom Toy Reworks 1950 Vintage 'Peanuts' Figures

Featuring NASA Snoopy and Charlie Brown.

C2H4 Has Released Conceptual Film "Future City Uniform" for FW21
Fashion

C2H4 Has Released Conceptual Film "Future City Uniform" for FW21

“A story of a city. A story of the future. And a story of you.”

'Pokémon Go' Creators Introduce Mobile Game 'Pikmin Bloom'
Tech & Gadgets

'Pokémon Go' Creators Introduce Mobile Game 'Pikmin Bloom'

Here to make your everyday journeys more enjoyable.

'Call of Duty: Vanguard' Taps Real War Photojournalists for a Set of Limited-Edition Prints
Gaming

'Call of Duty: Vanguard' Taps Real War Photojournalists for a Set of Limited-Edition Prints

Raising money to help employ veterans in the United States.

Chevrolet Unveils the 670 HP 2023 Corvette Z06
Automotive

Chevrolet Unveils the 670 HP 2023 Corvette Z06

0-60 mph in a mere 2.6 seconds.

Nike Every Stitch Considered (ESC) Releases Premium Lifestyle Wares
Fashion

Nike Every Stitch Considered (ESC) Releases Premium Lifestyle Wares

Elevated sportswear.


'Eternals' Director Chloé Zhao on Including First LGBTQ Relationship in a Marvel Film
Entertainment

'Eternals' Director Chloé Zhao on Including First LGBTQ Relationship in a Marvel Film

She is also the first director to show a love scene in an MCU film.

REASON Announces New Project 'No More, No Less: Demo 1'
Music

REASON Announces New Project 'No More, No Less: Demo 1'

Featuring appearances from Isaiah Rashad, Benny The Butcher and more.

'The Economist' Sells 'DeFi Rabbit Hole' NFT for $419,000 Worth of ETH
NFT

'The Economist' Sells 'DeFi Rabbit Hole' NFT for $419,000 Worth of ETH

A magazine cover featuring repurposed ‘Alice in Wonderland’ artwork.

Asahi Super Dry Brings "Perfect Pint" Pouring Technology to the U.K.
Food & Beverage

Asahi Super Dry Brings "Perfect Pint" Pouring Technology to the U.K.

Set to roll out across the nation next year.

Kim Jones Named 2021 Fashion Innovator of the Year by 'WSJ'
Fashion

Kim Jones Named 2021 Fashion Innovator of the Year by 'WSJ'

Further emphasizing his dominance in the industry.

Keanu Reeves Wraps Up 'John Wick 4' by Gifting Stunt Team Rolex Watches
Watches

Keanu Reeves Wraps Up 'John Wick 4' by Gifting Stunt Team Rolex Watches

Rolex Submariners for the “THE JOHN WICK FIVE.”

More ▾