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Robot Cache, S.L.
Decentralized PC video game marketplace enabling digital resale
About Robot Cache, S.L.
Robot Cache, S.L. operates a decentralized marketplace for PC video games, distinguished by its model that allows players to resell their digital games. The company was founded in January 2018 by Brian Fargo, a video game industry veteran known for founding Interplay Entertainment and inXile Entertainment. Fargo's extensive background includes involvement with iconic games like 'Wasteland' and 'Fallout,' and he helped launch successful companies such as BioWare and Blizzard. He conceived Robot Cache to disrupt the digital distribution model dominated by platforms like Steam, which he saw as a 'middle man' taking a large commission. The company is led by key figures including CEO Lee Jacobson and CTO Mark Caldwell.
The platform's business model is designed to be more favorable to both game developers and players. Publishers and developers receive up to 95% of the revenue from initial game sales and 70% from resales. Players who resell their games receive 25% of the proceeds in the form of a platform currency that can be used to purchase other games. Robot Cache takes a 5% fee on transactions. This structure aims to provide a continuous revenue stream for creators, unlike the traditional used game market, and gives players a return on their purchases.
Robot Cache utilizes blockchain technology to securely manage the ownership and resale of digital games, preventing duplication and ensuring transparency. This technology underpins the platform's ability to track the chain of ownership for each game license. In addition to buying and selling, the platform offers an optional feature for users to 'mine' for the platform's currency by utilizing their PC's computational power, creating another avenue for gamers to earn credit for new purchases. The company launched in open beta in May 2020 after raising approximately $10.5 million in its initial funding round. Robot Cache has formed partnerships with companies like AMD and has signed numerous publishers to bring hundreds of titles to its storefront.
Source: Dealroom company dataAt a glance
- Founded
- 2018
- Headquarters
- San Diego, United States
- Sector
- Gaming
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
gumi Cryptos Capital
Millennium Blockchain
Source: Dealroom Talent Intelligence.
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