• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Alternatives Emerge as Blockchain Gaming Industry Tries to Avert Steam Ban

October 27, 2021
in Crypto News
Reading Time: 2min read
0 0
A A
0
Alternatives Emerge as Blockchain Gaming Industry Tries to Avert Steam Ban
0
SHARES
4
VIEWS
ShareShareShareShareShare
Source: Adobe/Wirestock

The Enjin (ENJ) platform, advocacy groups the Blockchain Game Alliance and Fight for the Future, along with a group of 26 blockchain game businesses have called on US game developer Valve Corporation to scrap their ban on Web 3.0 technologies such as blockchain games and non-fungible tokens (NFTs) on the Steam platform. Meanwhile, other platforms are using the ban to lure blockchain game developers.

In an open letter addressed to Valve, the signatories cautioned that the company’s move could hamper the development of numerous innovations that could rejuvenate the gaming industry. 

“Blockchain games are pioneering a number of new concepts that will invigorate the gaming industry for players and publishers alike. 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,” Sebastien Borget, President of the Blockchain Game Alliance, was quoted as saying in the letter.

Chris LoVerme, CEO of SpacePirate Games, added that the “future of gaming is decentralized player-owned assets, where gamers are valued for their time and efforts spent in-game. Whether that’s an NFT or another asset class, change is happening.”

The move has triggered a string of negative reactions from gamers and blockchain industry observers.

For some online gaming platforms, Valve’s move generated new expansion opportunities, as shown by the example of the blockchain-based Ultra which welcomed the first-person adventure game Age of Rust after Steam “closed a portal” on it.

“Ultra has a great platform full of opportunities & universal shift for games looking for presence & an alternative to Steam,” SpacePirate Games said.

Steam attracts a sizeable share of the world’s online gaming community. As of pixel time (UTC 07:40), the platform was used by a maximum of 24.3m logged in gamers within the preceding 48-hour period, according to data from Steam.
___
Learn more: 
– Play-to-Earn Gaming is Booming: From Axies to Lightnite, Here’s What’s Out There
– Games Are Propelling Growth in the Dapps Sphere as DeFi, NFT Lose Pace

– Crypto-Gaming Is Exploding Into the Playful Future
– Blockchain Gaming ‘May be Key to Mass Adoption’, Outpacing DeFi, NFTs


Credit: Source link

ShareTweetSendPinShare
Previous Post

Ethereum Outperforms Bitcoin, Why ETH Could Rally To New ATH

Next Post

Analyst Predicts Monster Uptrends for Ethereum and Aave, Says Red-Hot Solana Could Run Hard

Next Post
Analyst Predicts Monster Uptrends for Ethereum and Aave, Says Red-Hot Solana Could Run Hard

Analyst Predicts Monster Uptrends for Ethereum and Aave, Says Red-Hot Solana Could Run Hard

You might also like

XRP Price To New All-Time High? Analyst Says $5.8 Is Possible Following ‘Golden Cross’

XRP Whale Outflow Dominance Climbs To 2024 Levels —Price To Follow?

April 25, 2026
Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High

Global Crypto Adoption Drops 11% in Q1, Turkey Sees 7% Rise

April 23, 2026
Bitcoin Stalls At $77K As Major On-Chain Resistance Kicks In

Bitcoin Stalls At $77K As Major On-Chain Resistance Kicks In

April 26, 2026
Bitcoin Traders Double Down On Bearish Bets Amid Consolidation

Bitcoin Traders Double Down On Bearish Bets Amid Consolidation

April 25, 2026
SoFi Just Added Ripple XRP for 13.7 Million Banking Customers: Is Mainstream Adoption Finally Catching Up to the Price?

SoFi Just Added Ripple XRP for 13.7 Million Banking Customers: Is Mainstream Adoption Finally Catching Up to the Price?

April 22, 2026
AI Agents Are Fueling a New Era of Crypto Payments, Says Pollak

AI Agents Are Fueling a New Era of Crypto Payments, Says Pollak

April 27, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Cardano Is Coiling Beneath a Key Trendline as Short Positions Rise: Is a Breakdown or Breakout Coming?

Cardano Is Coiling Beneath a Key Trendline as Short Positions Rise: Is a Breakdown or Breakout Coming?

April 27, 2026
Bitcoin Could Hit New High Fast On Quantum Fix: Capriole Founder

Bitcoin Could Hit New High Fast On Quantum Fix: Capriole Founder

April 27, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.