Valve CEO Gabe Newell Praises NFT Technology, Criticizes Bad Actors – Bitcoin News

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Valve CEO Gabe Newell Praises NFT Technology, Criticizes Bad Actors – Bitcoin News
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Newell made a clear distinction between the technology that powers NFTs and the people that are currently in the industry promoting the space, validating the former and criticizing the latter.

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.

to Rock, Paper, Shotgun, Newell made a clear distinction between the technology that powers NFTs and the people that are currently in the industry promoting it.You have to separate the underlying technology versus which actors are utilizing that technology.

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