The consoles had very advanced hardware features at the time: an ARM60 32-bit RISC CPU, two custom video co-processors, a custom 16-bit DSP and a custom math coprocessor. They also featured 2 megabytes of DRAM, 1 megabyte of VRAM, and a double speed CD-ROM drive for main storage, Up to 8 controllers could be daisy-chained on the system at once. In addition to special 3DO software, the system was able to play audio CDs (including support for CD+G), view Photo CDs, and Video CDs with an add-on MPEG video card (released in Japan only). However, few titles utilized the console's full potential.

A noteable feature of the console is that it is one of few CD-based consoles that feature neither regional lockout nor copy protection, scoring it points amongst import gamers and software pirates alike, though reports have suggested that the Goldstar model isn't particularly durable when used for either of those purposes.

It was often said that the 3DO software library exhibited many of the worst aspects of home video gaming at the time. This was the dawn of CD-ROM gaming, so cutscenes of pixelated video footage dominated many titles at the expense of good gameplay. The most well-recieved titles were commonly ports of games from other systems, such as Alone in the Dark, Myst, Out of This World, and Star Control II.

Other notable titles include Need for Speed, Jurassic Park Interactive, Crash N' Burn, Slayer, Killing Time, and the first console port of Super Street Fighter II Turbo, which exceeded the original with its CD-quality audio. Game series that started on 3DO by Electronic Arts, Studio 3DO and Crystal Dynamics established themselves on other 32-bit consoles.

In addition to the consoles, a 3DO Blaster ISA peripheral card for PCs which offered all the features of the home console was manufactured by Creative Technology.

The 3DO Company also designed a next-generation console called the M2, which was to use a PowerPC 602 processor, but the company abandoned the console business and sold the technology to Matsushita who never brought the system to the market.

By the early 1990s, the video game market had become overcrowded. Philips, Sega, Nintendo, Commodore, SNK, and Atari each had a video game system on the market. By 1995, most of these systems had fallen out of the loop and were discontinued. Nintendo's SNES and Sega's Mega Drive/Genesis were the most successful systems. Many consider the final blow to be the overwhelming popularity and affordability of the Sony PlayStation, which not only forced out other CD-based systems like the CD-i, but also laid Sega's Saturn to rest by the end of 1998.

Despite heavy promoting on the YTV variety show It's Alive, and the potential expandability behind the 3DO Interactive Multiplayer, third-party support was lacking, and the 3DO system was discontinued in 1995. The 3DO Company then became a software publisher, producing such games as the Army Men franchise, until it filed for bankruptcy and liquidated its assets in 2003.