News for hackers. Stuff that matters.
Re:Steam bans all blockchain and NFT games on its platform by smoldesu on Friday October 15, 2021 @03:01PM (#28881679)
I'm pretty sure that Valve's marketplace tax makes it much harder for low-margin scams to scale. You could definitely pull off an "exploit" like this today, but the main reason why it's not mitigated is probably because nobody is really getting scammed here. It's like Office Space, where the actual profits from this grift are so minute that the only way it would be profitable is if you stuck it out for several years.
Re:Steam bans all blockchain and NFT games on its platform by paulmd on Friday October 15, 2021 @03:15PM (#28881871)
I mean, to really make bank, what you need is for those digital assets to be worth something, right? So here's the plan, we just make a game that's really fun and market it so that it becomes super popular, trick people into playing it, you know? And then every day those rubes will be paying us money for digital assets we make for free, and for a 30% cut Steam will deposit it right into our bank accounts - clean, laundered cash. After five years or so, when they're starting to catch on, lose interest, we end ongoing support and just disappear off into the sunset with the money...
Re:Steam bans all blockchain and NFT games on its platform by ksdale on Friday October 15, 2021 @03:29PM (#28882051)
Hahaha sometimes it does seem like scams are so clever and involve so much work that the people involved would be substantially more successful in almost any business.
Re:Steam bans all blockchain and NFT games on its platform by lapetitejort on Friday October 15, 2021 @03:42PM (#28882193)
There's an added benefit in that sociopaths get to hurt people in scams.
Re:Steam bans all blockchain and NFT games on its platform by namdnay on Friday October 15, 2021 @03:34PM (#28882113)
Re:Steam bans all blockchain and NFT games on its platform by Noturos on Friday October 15, 2021 @03:25PM (#28881990)
Count me in! I’ve got a bank account we can use to funnel the money
Re:Steam bans all blockchain and NFT games on its platform by birdyrooster on Friday October 15, 2021 @03:26PM (#28882013)
They'll never know what hit them.