Valve is making three full VR Games. The information came from no less than but Gabe Newell himself.

Valve is the company behind popular titles like "Portal," "Team Fortress" and "Half-Life," as well as the software distribution platform Steam. Recently, Valve's founder Gabe Newell revealed that Valve is working on multiple virtual reality projects -- three to be exact.

When asked about Valve's free HTC Vive prototype The Lab, Eurogamer quoted him saying, that they are not just building three games but three full games and not experiments. The founder, however, refused to give more details on any of the titles. Although he did note that, they are being built using Valve's own Source 2 and Unity.

In addition, the Valve founder continues by stating that VR will not be a success if people will just take existing content and shove it into a VR space. He also said that the company has both "Half-Life 2" and "Team Fortress" running in VR, but these are purely developer milestones, at the moment.

The disadvantage to Valve's plan is that it is not going to be cheap. Newell is not interested on the capabilities of low-end VR. He wants to see what the innovative kit is capable of at its maximum. In addition, he believes that it does not matter how affordable VR headsets are if there is not a single strong reason to even acquire one, says Dual Shockers.

One of Newell's audacious predictions about VR is that its display technology will develop immensely in the next two or so years. Despite all this, Newell remains modest in his forecasts. The Valve founder without restrictions confesses that he was completely wrong about the potential of Nintendo's hardware, twice. Newell is not afraid of failure -- a philosophy he and his team bring up multiple times throughout the meeting.