Pricempire: after Valve updated the exchange rate of Counter-Strike digital items, the market fell by $1.75B, or 25%, on October 23; in 2024, a gun sold for $1M
The value of digital items in the popular video-game Counter—Strike has fallen 48% following an update by the title's developer Valve Corp.
Valve, which used to take a 30% cut of all revenue on Steam, says it will now take a 25% cut for games with $10M-$50M in sales and just 20% for games with $50M+
Thomas Wilde / GeekWire :
OLED microdisplay maker eMagin disputes reports, says it's not aware of Apple, Valve, or LG investing in recent secondary offering; source: Apple did not invest
Ingrid Lunden / TechCrunch :
Young fans of Valve's Counter-Strike flock to independent, unregulated sites to bet valuable virtual weapons on pro matches
Virtual Weapons Are Turning Teen Gamers Into Serious Gamblers — The boom in pro video gaming is fueled by $2.3 billion in online bets. Tweets: @business Tweets: Bloomberg / @business : How a boom in...
Valve has paid out $57M+ to 1.5K creators across 75 countries through Steam Workshop since 2011; announces curated workshops for non-Valve games
Content Creators Earn Over $50M Through Steam Workshop, Can Now Earn Money in More Games — When we launched the Workshop late in 2011 …