CashWars
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| Private | |
| Industry | Video games Entertainment |
| Founded | June 26, 2000 |
| Headquarters | Amherst, Mass. |
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Key people
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August Zajonc, Founder |
| Products | CashWars |
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Number of employees
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1 |
| Website | http://www.cashwars.com/ (defunct) |
CashWars was an American online game developer that operated a popular game of the same name. In June 2000, the company was headquartered in Amherst, Massachusetts, and incorporated in Delaware by August Zajonc, who served as president and treasurer.[1] The company was partnered with 24/7 Real Media (now owned by WPP Group) to distribute ads through CashWars.[2]
CashWars was an online, browser-based computer game in which players could engage in prospecting, theft, player alliances, and drilling on the fictional Planet Akzar to win prizes and earn virtual currency, which could be converted to real currency. At the time of the company's closure, and in less than a year, the number of registered players had increased from 60,000 in August 2000 to over 340,000 in May 2001. CashWars was logging 3.5 million moves per day as a measure of player engagement.[3][4]
Closure and sale
- May 31, 2001: CashWars, Inc. announced that operations had ceased due to funding problems.[3]
- June 4: CashWars, Inc. announced the auction of its domain name and other assets.[4]
- June 10: CashWars, Inc. announced the peremptory bid deadline was extended by the request of a then-unnamed bidder.[5]
- July 13: CashWars, Inc. announced that talks were underway with Progressive Computing Solutions Ltd.[6]
- December 6: Negotiations between CashWars, Inc. and Progressive Computing Solutions Ltd. fell apart and CashWars, Inc. was abandoned.[7]
- March 31, 2008: An "involuntary revocation" of the corporate charter was filed by the Secretary of the Commonwealth due to such abandonment.[1]
References
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- ↑ 1.0 1.1 The Commonwealth of Massachusetts
- ↑ CashWars.com, from archive dated August 16, 2000, via Wayback Machine
- ↑ 3.0 3.1 CashWars.com, from archive dated June 20, 2001, via Wayback Machine
- ↑ 4.0 4.1 CashWars.com, from archive dated June 9, 2001, via Wayback Machine
- ↑ CashWars.com, from archive dated June 25, 2001, via Wayback Machine
- ↑ CashWars.com, from archive dated October 20, 2001, via Wayback Machine
- ↑ CashWars.com, from archive dated December 28, 2001, via Wayback Machine
