Image Credit: Bethesda
Forgot password
Enter the email address you used when you joined and we'll send you instructions to reset your password.
If you used Apple or Google to create your account, this process will create a password for your existing account.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Reset password instructions sent. If you have an account with us, you will receive an email within a few minutes.
Something went wrong. Try again or contact support if the problem persists.

Valve Rolls Out Steam Community Market

On Wednesday, Valve introduced Steam Community Market. The Market allows for sale and purchase of items using real money. Currently only Team Fortress 2 consumables are available through the new system, but as it moves out of beta, more Steam releases will be eligible.
This article is over 11 years old and may contain outdated information

Valve has been doing big things since its inception, creating essential, iconic games and developing a necessary social network for gamers. 

Recommended Videos

But Gabe Newell and company have really ramped it up lately, particularly in the past week. First there was the announcement at the VGA’s that Newell was really trying to compete with the next gen consoles with Steam-optimized living room PCs. On Wednesday, Valve rolled out Steam Community Market.

They say “go big or go home,” and Valve is taking it to heart.

Steam Community Market allows users to buy and sell items using real money, developing a player-driven economy. This builds upon the existing option of trading items for other items, adding a lucrative new avenue for Steam. Steam-based trades are too massive for the company to ignore.

From Valve software engineer Tony Paloma:

With over half a million trades made every week, the trading system has been very successful. Extending game economies beyond trades and giving players a way to turn gameplay into funds for new items and games is a key component  for moving that success forward.”

With this new system, both Valve and game publishers can benefit monetarily from the wheelings and dealings between users. Valve takes 15% off the top for each item sold, and publishers will be able to assess their own fees.

For the time being, the Steam Community Market is only available for consumable items on Team Fortress 2. Of course, this will expand to other Steam releases in due time, as the Market moves out of beta. 

Get familiar with the new Steam Community Market by reading the FAQ. It will explain TF2’s publisher fees, what items are eligible for posting, who is eligible to participate in the first place, and more.

Source: Steam Community Market via Kotaku

Source: Team Fortress 2


GameSkinny is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy
Author
Image of Imayen Etim
Imayen Etim
Imayen Etim is a freelance writer and GameSkinny contributor based in Gainesville, Florida. She can be contacted at imayen.e [at] gmail.com