Epic Games launches online store to compete with Valve's steam Store

Epic to Go Head-to-Head with Steam as It Opens Its Own Game Store Platform

Epic to Go Head-to-Head with Steam as It Opens Its Own Game Store Platform

That means Epic Games takes only a 12% cut, which is nearly three times smaller than what Steam and Google Play Store charge most developers.

Back in September, the community manager for Epic Games' "Unreal Tournament" announced that the game was on hold with the team on that game moved over to work "super hard on 'Fortnite.'" It seems little has changed since then, with Epic Games CEO and founder Tim Sweeney telling Variety that the game remains on hold.

Of course, the Epic Games store is being aimed entirely at gamers. In our analysis, stores charging 30 percent are marking up their costs by 300 to 400 percent. Will it still offer the save revenue share? The initial announcement has drawn attention and praise from throughout the video game industry for a surprisingly thorough and favorable arrangement for publishers, particularly independent publishers, on the platform.

"The math is quite simple: we pay around 2.5 to 3.5 percent for payment processing for major payment methods, less than 1.5 percent for CDN costs, and between 1 and 2 percent for variable operating and customer support costs".

Big questions for the store include how will Epic curate the store and what games can get on.

Read the full post on the Epic site.

We'll have an approval process for new developers to go through to release a title. "Except for adult-only content, we don't plan to curate based on developers" creative or artistic expression'.

The Epic Games store is open to games built with any engine, and the first releases span Unreal, Unity and internal engines. As a result of this, the company ended-up recommending users to install its game from outside the Play Store, including from third-party Android app stores. In a particularly nice sentiment, Sweeney hopes that the competition between storefronts will benefit and bring better deals to developers. On top of that, some big news has been teased for the upcoming Game Awards on December 6, which is interesting now that we know the new season will be live on the same day. Games created on all engines are welcome in the store. The first is that whatever the premiere concerns, you may be able to check it out right away after the reveal in-game.

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