Robot Cache
Website | robotcache.com |
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Robot Cache, S.L. is a
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
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
References
- ^ Venture Beat. Retrieved January 16, 2018.
- ^ Potter, Matt. "Trump's Truth Social deal stalled by San Diego-tied investigation | San Diego Reader". www.sandiegoreader.com. San Diego Reader.
- ^ Saed, Sherif (16 January 2018). "Robot Cache is a Steam competitor that allows players to sell back unwanted games for cryptocurrencies". VG247.
- ^ Evangelho, Jason. "3 Reasons Why Steam Competitor Robot Cache Will Succeed". Forbes.
- ^ Klotz, Aaron (7 July 2023). "AMD Partner's Crypto Gaming Site 'Robot Cache' Exits Beta". Tom's Hardware.
- ^ "Robot Cache names Laura Naviaux Sturr chief marketing officer".
- ^ Palumbo, Alessio (16 January 2018). "Robot Cache Game Distribution Platform Uses Blockchain To Reduce Publishers Fees, Allows Users To Resell Digital Games". Wccftech. Retrieved 12 May 2020.
- GamesIndustry.biz. Retrieved January 17, 2018.
- PC Games Insider. Retrieved January 19, 2018.
- GamesIndustry.biz. Retrieved September 6, 2018.
- ^ "AMD and Industry Partners to Develop New Blockchain-based Gaming Platforms". Guru3D.com. Retrieved 12 May 2020.
- ^ "AMD joins Blockchain Gaming Alliance and teams with distribution companies • GraphicSpeak". GraphicSpeak. 19 December 2019. Retrieved 12 May 2020.
- ^ "AMD and Robot Cache hit open beta, allows gamers to mine for free games". The Outerhaven. 12 May 2020. Retrieved 12 May 2020.