Tim Sweeney, Epic Games And Blockchain – 2024

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Tim Sweeney, CEO of Epic Games, is open to welcome NFT and blockchain tech-based games on its games store.

Even though NFT and blockchain technology get a lot of bad press, Tim Sweeney decided to go for it. The biggest problem with NFTs and blockchain technology is that scams and other shady things happen all the time with them.

Tim Sweeney Of Epic Games Says YES To NFT's And Blockchain
Tim Sweeney Of Epic Games Says YES To NFT’s And Blockchain

Valve has recently decided to take off Steam and ban all games that use NFTs and blockchain technology. Even before Valve banned them, Epic’s CEO didn’t like NFTs because there were so many scams in the field.

In an interview with The Verge, Epic’s CEO said that the company is open to NFT games and developers who use blockchain technology, NFTs, and cryptocurrencies. Also, Epic will support and sell games that use these technologies in its online stores.

“Epic says it’s open to blockchain games after Steam bans them,” Verge wrote after the interview. But soon after, Epic’s CEO replied to Verge’s tweet and said, “The Epic Games Store will accept games that use blockchain technology as long as they follow the law, make their terms clear, and are rated by the right group for their age.”

Even though Epic doesn’t use cryptocurrency in its games, the company is open to new ideas in technology and finance.

Fans and people on Twitter quickly pointed out that Sweeney had already said that NFTs and blockchain tech were bad. In a Tweet from a month ago, Sweeney said, “[Epic wouldn’t touch the NFTs] because the whole field is currently a mess of scams, interesting decentralized tech foundations, and scams that can’t be untangled.”

Fans did point out the big difference, and Sweeney did explain it. He said that Epic as a game developer is different from Epic as a technology provider. Epic won’t consider NFT as a game developer, but as a tech company, it’s ready to do business.

But Tim Sweeney’s decision might have been influenced by Valve’s decision to stop using NFTs and blockchain technology. Valve is Epic’s biggest competitor, and Epic would do anything to beat Valve, even if it’s not clear-cut.

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