UK-based web3 and XR gaming firm Saltwater Games has introduced it’s acquired funding from Animoca Manufacturers. The funding was raised by way of a seed SAFT spherical – brief for Easy Settlement for Future Tokens – for Saltwater’s forthcoming XR token. The quantity raised was not disclosed.
Saltwater Games consists of three studios:
- Nexus Labs – develops and publishes web3 video games,
- Maze Concept – focuses on VR and spatial gaming, and
- Saltwater Labs – devoted to rising expertise in web3 and AI.
Following a earlier grant from Arbitrum Basis, Saltwater Labs constructed XR One, an Arbitrum Orbit L3 chain. XR One is ready to be underpinned by the XR token, which will even be built-in throughout a number of web3 video games, marketplaces, AI and UGC instruments, and extra.
By way of the funding from Animoca Manufacturers, it’s geared toward facilitating the mixing of XR One with Animoca’s membership community Mocaverse. As such it is going to provide cross-community advantages geared toward enhancing numerous live-ops gaming experiences.
Saltwater Games introduced a $5.5 million seed spherical in February 2024, behind buying recreation builders Maze Concept, Nexus Labs, and Quantum Interactive. Present video games in Saltwater’s catalogue embody Peaky Blinders: The King’s Ransom, Celeros, The Infinite Inside, and Resurgence.
