UK-based web3 and XR gaming firm Saltwater Video games has introduced it’s obtained funding from Animoca Manufacturers. The funding was raised by way of a seed SAFT spherical – quick for Easy Settlement for Future Tokens – for Saltwater’s forthcoming XR token. The quantity raised was not disclosed.
Saltwater Video 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 know-how 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 combination of XR One with Animoca’s membership community Mocaverse. As such it would provide cross-community advantages geared toward enhancing numerous live-ops gaming experiences.
Saltwater Video 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 embrace Peaky Blinders: The King’s Ransom, Celeros, The Infinite Inside, and Resurgence.
