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Steam is a digital distribution platform developed by Valve Corporation, primarily for video games, software, and other media content. It was launched in 2003, initially as a platform to provide automatic updates for Valve’s own games like Half-Life 2. However, it has evolved into one of the largest digital storefronts for gaming, with a wide variety of features and services that have shaped the modern gaming experience.

Steam offers a vast library of games, ranging from indie titles to major AAA releases, and supports a variety of genres. It serves as a hub for gamers to purchase, download, and play games across various devices, including PCs, Macs, and Linux systems. One of Steam’s key features is its cloud saving system, which allows players to save their game progress on Steam’s servers and access it from any computer. It also provides multiplayer support and a variety of social features, such as friends lists, chat functionality, and game communities.

One of the platform’s major draws is its seasonal sales, such as the Steam Summer Sale, where users can purchase games at significant discounts. The sales are often a huge event within the gaming community, contributing to Steam's popularity. Steam also allows developers to distribute their games directly through the platform via Steam Direct, eliminating the need for publishers.

In addition to games, Steam also hosts software and VR content, and offers features like Steam Workshop, which lets users create, share, and download game modifications. For hardware, Steam has expanded into the virtual reality (VR) market with the SteamVR ecosystem, offering support for a wide variety of VR headsets.

Steam’s platform has become synonymous with PC gaming, offering unparalleled convenience and a wide array of content. With its focus on community interaction, extensive game library, and consistent updates, Steam remains a dominant force in the digital gaming world.