Animoca Brands Funds Saltwater Games

Animoca Brands Funds Saltwater Games

Play To Earn Games | 22 Jun 2024 08:14 UTC

The Evolution of Gaming with Saltwater Games' New Funding

In a significant move for the gaming industry, UK-based gaming powerhouse Saltwater Games has secured a strategic investment from Animoca Brands. This leap forward is facilitated through a seed SAFT (Simple Agreement for Future Tokens) round, specifically aimed at the development and seamless integration of Saltwater's forthcoming XR token. While the details of the investment remain under wraps, the implications for the future of extended reality (XR) gaming are vast and exciting.

Saltwater Games is anything but ordinary. With three specialized studios under its wing—Nexus Labs, Maze Theory, and Saltwater Labs—the company is at the forefront of innovation in web3 gaming, VR, spatial gaming, and the exploration of emerging technologies in web3 and artificial intelligence. This diversified approach allows Saltwater to create unique gaming experiences that push the boundaries of traditional gaming.

Interestingly, the investment follows on the heels of Saltwater Labs' acknowledgment from the Arbitrum Foundation. The grant from the foundation enabled the creation of XR One, an Arbitrum Orbit L3 chain designed to be powered by the XR token. This integration across a plethora of platforms, including web3 games, marketplaces, AI tools, and user-generated content platforms, heralds a new era of gaming that blends virtual reality with tangible, in-game asset ownership.

Role of Animoca Brands and Mocaverse

The collaboration with Animoca Brands goes beyond financial investment. It's about knitting the vast expanses of XR gaming with the tapestry of Animoca's vast membership network, Mocaverse. This bridge promises to offer cross-community benefits, making various live-ops gaming experiences richer and more immersive. Together, they aim to create a seamless web of experiences that benefits gamers and developers alike.

Before this funding, Saltwater Games has been on an aggressive expansion path. News of a $5.5 million seed round earlier crystallized the company's ambitious plans. Their acquisition of Maze Theory, Nexus Labs, and Quantum Interactive has expanded their gaming portfolio with exciting titles like Peaky Blinders: The King’s Ransom, Celeros, The Infinite Inside, and Resurgence. It's clear that Saltwater is not just planning to participate in the future of gaming; it plans to shape it.

More About Resurgence

One of Saltwater's hallmarks, Resurgence, stands as a testament to their innovative vision. It's an open-world, post-apocalyptic game that invites players not just to explore and survive but to thrive and craft in a reborn Earth. By leveraging web3 technology, Resurgence offers a level of digital ownership previously unimagined. Blockchain and NFTs allow players true ownership of in-game assets, blurring the lines between virtual achievements and tangible rewards.

The integration of the Genesis Cryotag collection into Resurgence adds another layer of engagement. By "freezing" their NFTs, players can stake their claim in the game's universe, earning Virtues that unlock new in-game items, upgrades, and early gameplay features. It's a system that rewards investment and engagement, promising a dynamic gaming ecosystem that grows with its community. For those eager to stay on the cutting edge, following Resurgence on social media and joining the community Discord is a must.

Final Thoughts

With the new funding from Animoca Brands, Saltwater Games is set to escalate its ambitions, further revolutionizing the web3 and XR gaming landscapes. The unique synergy between these companies promises not just advancements in technological integrations but a rewiring of the very fabric of gaming experiences. The future of gaming is here, and it's immersive, interactive, and integrated like never before. As we stand on the brink of this new era, the possibilities are as limitless as the worlds Saltwater Games seeks to create.

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