UK-based web3 and XR gaming firm Saltwater Video games has introduced it’s acquired funding from Animoca Manufacturers. The funding was raised by a seed SAFT spherical – brief 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 Idea – focuses on VR and spatial gaming, andSaltwater 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 aimed toward facilitating the combination of XR One with Animoca’s membership community Mocaverse. As such it can provide cross-community advantages aimed toward enhancing varied live-ops gaming experiences.
Saltwater Video games introduced a $5.5 million seed spherical in February 2024, in the back of buying recreation builders Maze Idea, 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.
