Steam bans all video games that sell cryptocurrencies and NFTs

Video game distributor To smoke is officially done with NFTs.

The word of its cooking comes from the developers of Age of rust, an upcoming mecha sci-fi game that revolves around players buying off-game NFTs to unlock missions where they’ll collect in-game NFTs.

“A few minutes ago, we were informed that @Steam will be removing * all blockchain games * from the platform, including Age of Rust, because NFTs are valuable,” said the Age of rust the team tweeted this afternoon. “Behind the scenes, we had good communication and were upfront with Steam.”

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According to the developers, “Steam’s point of view is that items have value and they don’t allow items that may have real value on their platform.”

Fair enough, but it’s also worth noting that whether or not NFTs have legitimate real value (and will keep that nebulous value down the road) is a hot topic of debate.

Attached to Age of rustSteam’s tweet was a screenshot of Steam’s recently updated terms of service, which now explicitly prohibits “blockchain technology-based applications that issue or authorize the exchange of cryptocurrencies or NFTs.”

As The edge points out, the new ban is currently not reflected in all Steam notices and legal documents; although it’s on the Distributor’s Rules and Guidelines page under “What You Shouldn’t Post to Steam”, it’s not yet on the page that lists the requirements for developers who want to sell their games on Steam.

Tube filter reached out to Valve, the video game developer / publisher that operates Steam, to comment on its decision. We will update this story with any new information.

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