Valve CEO Gabe Newell Praises NFT Technology, Criticizes Bad Actors
Gabe Newell, founder and CEO of Valve, a popular company in the PC gaming market, has revealed his take on crypto and NFTs when applied to games. In an interview with gaming media, Newell validated the NFT technology that makes it possible to create these digital representations. However, he also stated that the actors in the sector tend to be involved in criminal activities. Valve CEO Talks About NFTs, State of the Industry Gabe Newell, CEO and founder of Valve, owners of Steam, one of the largest digital distribution markets in the PC industry, offered his thoughts regarding....
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On Tuesday, the 5th of March, Gabe Newell, Valve 's co-founder and managing director of video game development, participated with other video game developers in a reddit AMA (Ask Me Anything). The post, titled “WeAreA videogame developer AUA!“, currently has 3,469 points with 34,503 upvotes (the downvotes are probably gamers upset over the absence of any news on Half-Life 3). The answered questions dealt with various things like new Valve hardware, Gabe’s favourite non-Valve game (Mario 64), etc. It looks like Newell, (GabeNewellBellevue on reddit), isn’t too eager to accept Bitcoin as a....
Tesla and Spacex CEO Elon Musk says dogecoin is “fundamentally better than anything else” he has seen while he criticizes bitcoin. He also discussed the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, and the official currency of Mars. Elon Musk Discusses Crypto, Dogecoin, Bitcoin, Mars’ Currency, and Who Satoshi Nakamoto Is Elon Musk shared his thoughts on cryptocurrency, dogecoin, bitcoin, and the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, in an interview with Lex Fridman, published Tuesday. Musk, who has long been a....
As currencies inflate in value, Bitcoin serves as a pressure relief valve, allowing capital to escape.
Popular K-Pop singer Sunmi faced a backlash after launching NFTs, Valve CEO Gabe Newell has boldly praised NFT tech while ragging on people in the space, and Dolly Parton launched Dollyverse NFTs. According to data from DappRadar, the NFT portfolios belonging to Iconic rapper Snoop Dogg and popular entrepreneur Gary Vaynerchuck are worth a combined $95 million. Vaynerchuck’s wallet holds the lion's share of the value with $81.89 million at the time of writing. His holdings include multiple NFTs from top collections such as CryptoPunks (he owns a whopping 60 in total), the Bored Ape Yacht....
Steam is one of the most popular gaming-related platforms in the world these days. As a result of that popularity, Steam is also attracting a bunch of unwanted attention from hackers and phishers, According to details released by Valve, roughly 77,000 Steam accounts get hijacked on a monthly basis. Even though Valve makes two-factor authentication for in-game item sales mandatory now, blockchain technology could play a major part in creating a better solution. Being one of the world’s most popular gaming-related platforms can be both a blessing and a curse at the same time. Steam is the....