Video game e-commerce retail website Lynx2Games.com.
Lynx2Games, a video gaming e-commerce retailer, launched its website and service today. It's designed to allow users to both rent and own popular titles at what the company calls "a highly discounted price."
"Lynx2Games delivers the highly sought major video game releases to renters upon release and to the buyer who can wait just a few weeks to own a major game for a fraction of the retail or used price," said CEO Zul Momin. "This shared product model is unique to the games industry but long overdue. The industry and community feedback we've received shows that the service's untapped potential gives it the opportunity to be highly successful."
Users of Lynx2Games have the option of renting a new game for three weeks for $19.99, then shipping it to the buyer, who pays $39.99 for ownership. Using the site's social shopping platform Friendsheet, Lynx2Games connects users directly with fellow community members -- as well as with their Facebook and Twitter connections -- who want to share a game and its cost.
The company claims that renters save 50% off the price of playing a game for three weeks from grocery store rental kiosks and have access to the most popular titles near release dates compared with popular mail order game rental services. A game's eventual buyer then save 30 percent to 60 percent off of the full retail price. Their savings are also higher than purchasing used games from major national retailers and resale websites.
Users are also encouraged to invite friends and family members through popular social media channels, allowing them to partner on renting or purchasing games through Lynx2Games. In addition, those who purchase games through the service have the option to re-sell to Lynx2Games network members.
A flagship brand of LynxSquare, Lynx2Games and its founders Momin and Ahmed Moledina are members of the Austin Technology Incubator, a non-profit business within the University of Texas that assists early-stage technology companies to increase their odds of success and decrease their time to capital and markets.