http://www.pcgamer.com/robot-cache-...-that-will-let-you-buy-and-sell-games-online/
http://www.eurogamer.net/articles/2...-storefront-that-will-let-you-sell-your-games
This Ars Technica article offers some additional thoughts and concerns.
InXile Entertainment CEO Brian Fargo has unveiled a new, blockchain-based digital distribution platform called Robot Cache that will enable gamers to buy games, just as they do on any other platform, and then resell them when they're finished. Robot Cache will also have its own cryptocurrency called Iron, earned through mining or game resales, that can be used for games purchases or cashed out.
"Just a handful of companies dominate the multi-billion dollar digital download PC video games market," Robot Cache CEO Lee Jacobson said. "Robot Cache plans to revolutionize the industry by launching the first-ever workable decentralized video game marketplace that benefits both the creators of video games and gamers. All of this is accomplished by expertly leveraging the power, flexibility, safety, and transparency of blockchain technology."
http://www.eurogamer.net/articles/2...-storefront-that-will-let-you-sell-your-games
Crucially too, Robot Cache says that publishers will receive 70 per cent of the resale proceeds, while players receive a 25 per cent cut of the revenue. That big caveat, however, is that a reseller's payment comes in the form of IRON - Robot Cache's new cryptocurrency. This can then be used to purchase new games.
IRON appears to be central to Robot Cache's economy, and users can earn additional IRON by opting in to "mine" more cryptocurrency. There's a lot more information about IRON over on its official website, if you have a decent grasp on that kind of thing.
This Ars Technica article offers some additional thoughts and concerns.
Why would a publisher allow low-priced "used" sales to compete with its own planned discounts on identical "new" copies, which can be generated at will with little overhead at whatever price the publisher wants?
But if the value of IRON in real-world currencies ends up being as volatile as it has been for other cryptocurrencies, the price of Robot Cache games that are denominated in IRON could fluctuate wildly over the course of a single day.
And unlike other cryptocurrencies, which allow for much broader uses, IRON as a currency is being created solely to power a single video game marketplace. Thus, in the end, the real value of IRON will depend largely on how much people want to buy games that are on the Robot Cache platform.
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