Store users can sell or buy completed digital copies of video games for cryptocurrency or fiat.
American electronics manufacturer AMD has launched the Robot Cache blockchain video game store in the public domain. This is reported by Tom's Hardware with reference to company representatives.
The key difference between Robot Cache and other digital stores is that users can resell video games even after completing them. You can buy and sell for iron (IRON) cryptocurrency or US dollars. At the same time, the cryptocurrency itself can either be bought on third-party sites, or obtained by playing with friends through the store.
The entire system works on the basis of the blockchain to track transactions. When users buy or sell an item on the Robot Cache, ownership is recorded on the blockchain to determine who owns what. According to the developers of the project, 70% of sales go directly to video game developers. Another 25% go to the sellers of completed video games themselves.
Online store Robot Cache originally planned to conduct an initial coin offering (ICO) for $15 million, but later the project abandoned this idea and raised $3 million in the IRON token from the investment firm Millennium Blockchain. In 2020, Robot Cache rolled out a public beta test that lasted three years. As part of the launch, the store is giving away the Wasteland 3 video game for free for registering on the site, and also provides discounts of up to 90% on some video games.
At the end of June, French video game studio Ubisoft unveiled its first blockchain game called Champions Tactics. According to the description, the project will be a tactical role-playing video game where players will be able to fight each other. The timing of the release of the game was not disclosed. Whether the game will be available on Robot Cache is unclear.