Vacuum is set to be the next generation gaming platform using block chain technology. It's about time gaming platforms leveraged the power of the block chain. The gaming industry is currently dominated by big corporations like Valve which own platform Steam. Our platform intends to compete directly with Steam as the next biggest game platform. Vacuum will allow users to buy, re-sell and even rent out digital games they own. We believe this will create a brand new market that currently does not exist. There are no "secondhand" digital game marketplace in existence. This is very exciting to gamers as well as game devs, as this means creating revenue sources that did not exist previously. Platforms like Steam take up from 30-50% in commissions from game developers and this means higher costs to gamers. With our platform, all of these problems will be solved and will be a win-win for everyone, from game devs to gamers.
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The global gaming industry is one of the fastest growing segments worldwide. 2.2 billion gamers across the globe are expected to generate $108.9 billion in game revenues in 2017. The Steam platform, owned by Valve, controls a significant percentage of the PC gaming market — 50 percent to 70 percent of all PC game downloads happen on Steam, selling titles from bigger firms such as EA and Activision, as well as Valve’s own games. Steam currently takes 30% – 50% of digital game sales from game developers.
The PC gaming industry is flourishing and the cryptocurrency market reveals exponential growth. Vacuum is the explosive combination of the two. We aim to revolutionize the PC gaming industry and give back the power to the people.
Vacuum allows users to buy, sell and rent digital games. Taking the concept of the used games market and applying it to today’s digital game market, we believe that this will create a new market that is currently non-existent. Through the use of block chain technology, digital game rights can be transferred between users on Vacuum.
Our aim is also to take much lesser commission fees than the competition out in the industry currently. By using cryptocurrency, we will be able to cut out hefty fees from middle man payment processors.
There is a monopoly in the PC gaming industry – Steam. With the power of blockchain technology, Vacuum is aiming to revolutionize the PC gaming industry and give back the power to the people.
- A Decentralised Gaming Platform
Buy, sell and rent digital games through the blockchain
- Lower Prices
Guaranteed lower prices on new games
- Community Driven
Quality control & no clash of interest