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  • Valve just opened its virtual item economy to all Steam games

    by 
    Ben Gilbert
    Ben Gilbert
    02.09.2015

    Like virtual hats? Valve certainly does. The company behind gaming classics like Half-Life and Portal is also the creator of Steam, the world's largest digital game store. Beyond just buying games on that store, though, there are hats. Virtual hats, of course, and they are very popular -- Valve's paid out over $50 million to users who created virtual wares in its games (from Team Fortress 2 to the immensely popular DOTA 2). You can buy them, you can create them, you can trade them -- it's quite literally its own economy, and Valve even hired economists to analyze its complex, extremely lucrative system. Today, Valve is opening up that store to all the games on Steam.