NFTs are tokens, or certificates of ownership for virtual goods. They spark a lot of controversy because they are often associated with fraud.
The actions of Valve were brought to light by the developer of the game Age of Rust, which rewards users with NFT items for solving puzzles. The developer claims that the project will soon be removed from the company’s store, although they disagree with this decision.
“Steam’s point of view is that items have value and they don’t allow items that can have real-world value on their platform. While I respect their choice, I fundamentally believe that NFTs and blockchain games are the future.”
Epic Games has taken a different approach. CEO Tim Sweeney announced that blockchain-based games could appear in the studio’s store, provided they comply with the law and the platform’s terms of service.