How would you create a game with Blender that can be used by the HTC Vive? Is it even Possible? What are all of the steps for this to be possible?
Yes, here you go: Blender Room Scale VR Viewport on the HTC Vive
Source can be found here:
For a real project you should consider using Unity3D and creating assets with Blender.
Blender VR - https://blendervr.limsi.fr/doku.php