Robot Cache
 | |
| Company type | Private |
|---|---|
| Industry | Video games |
| Founded | January 16, 2018 |
| Founder | Brian Fargo[1] |
| Headquarters | , Spain[citation needed] |
Key people | |
| Website | robotcache.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.
Aimed to be a direct competitor to Steam, the digital storefront from Valve, Robot Cache differs allows users to sell games through the service's encrypted blockchain, reducing the cost of operating the storefront. It is backed by a new cryptocurrency, IRON, which sellers mine or receive and can use to purchase games alongside real-world funds.
History
Robot Cache was founded in January 2018 by Brian Fargo, the founder of InXile Entertainment. Lee Jacobson serves at the chief executive officer, and Mark Caldwell as the chief technology officer.[1]
Fargo had previously announced his planned departure from InXile following the release of Wasteland in 2019, but wanted a new challenge, seeing Robot Cache as possibly his greatest impact on the industry.[1][3]
Robot Cache planned on a US$15 million initial coin offering.[4][3] In September 2018, Robot Cache had gained[clarification needed] about US$3 million in IRON from Millennium BlockChain, an investment firm, with the option to obtain up to US$7 million if desired.[5]
References
- ^ a b c d e Takahashi, Dean (January 16, 2018). "Brian Fargo will launch blockchain currency for alternative digital game store". Venture Beat. Retrieved January 16, 2018.
- ^ https://www.gamesindustry.biz/articles/2018-08-10-robot-cache-names-laura-naviaux-sturr-chief-marketing-officer
- ^ a b Calvin, Alex (January 19, 2018). "The argument for blockchain tech in digital retail - Brian Fargo talks Robot Cache". PC Games Insider. Retrieved January 19, 2018.
- ^ Cite error: The named reference
gibiz announcewas invoked but never defined (see the help page). - ^ Bachtelor, James (September 6, 2018). "Robot Cache secures $3m funding from Millennium BlockChain". GamesIndustry.biz. Retrieved September 6, 2018.