I think the motivating factor is an idealistic vision of eventually moving beyond Steam's corporate DRM and percentage cut taken out of all gamer and game dev t

I think the motivating factor is an idealistic vision of eventually moving beyond Steam's corporate DRM and percentage cut taken out of all gamer and game dev transactions. Innovators are usually reluctant to entrench the incumbent monopoly firm (recall how IBM was regarded). Agreed that pragmatically speaking Steam may be able to stand up something more efficient and functional than any crypto aspirants in the short term. There was a similar debate on potential interoperability between the dominant social networks and Youtube etc, people wanted an open source, open-governance transfer standard that various networks could plug in to. They didn't want Facebook to own that standard, and now that has evolved into the ownership question of the "metaverse".