Cloud-based game streaming service Playkey has launched in Germany.
The technology is the next evolution in the sector kickstarted by the likes of OnLive, Gaikai and Nvidia and since developed by many companies ranging from the Rovio-backed Hatch Games to Snoost, Vortex and Parsec.
After closing its $10.5 million ICO in December 2017, Playtek expects to launch its blockchain in late 2018
It works by running games on a high-end PCs and streaming the gameplay as video so the games can be played on low-powered devices.
Playkey’s German launch is supported by G-Core Labs and DARZ, who handle the IT and hardware aspects of the operation.
The technology is already used by more than 2.5 million gamers a month and supports over 250 games including Assassin’s Creed Origins, GTA V and Wolfenstein II.
The next step
“We plan to invest heavily behind this expansion and will be bringing in a local country manager to develop this project further,” commented Playkey CEO Egor Gurjev.
“We’re passionate about providing gamers access to the games they love, regardless of the hardware they own, and so this is a very exciting step for us in our mission to establish Playkey worldwide.”
Based in Russia, Playkey closed a $10.5 million ICO in late 2017 to bring its current technology to the blockchain. It expects to launch this towards the end of 2018.