Robot Cache

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Robot Cache, S.L.
Websiterobotcache.com

Robot Cache, S.L. is a

video game company established to allow for digital buying and selling of video games. It was founded in January 2018 by Brian Fargo
, and reached open beta in May 2020.

Robot Cache is a game distribution platform, which claims to be an alternative shop to Steam[3] Unlike Steam, it enables customers to sell their games and earn 25% of the price in cryptocurrency.[4] The platform makes use of Blockchain technology to maintain a log of game ownership. It also uses the users computer to mine cryptocurrency as they play games.[5]

History

Robot Cache was founded in January 2018 by

Amazon Game Studios.[6][7]

Robot Cache had originally planned on a $15 million initial coin offering, however after the SEC had changed regulation regarding the issuance of such cryptocurrencies, the company converted the investors to a traditional SEC Reg-D Securities Offering an abandoned issuing any cryptocurrency altogether.[8][9]

The company ultimately raised approximately $10.5 million in its initial round, $3 million of which was from shares issued by one of its initial early investors Millenium Blockchain, which was also converted into equity shares along with the other early investors.[10] In December 2019, AMD and Robot Cache formed a joint marketing partnership to collaborate on various blockchain and gaming initiatives..[11][12]

On May 12, 2020, Robot Cache launched as an

open beta.[13]

References

External links