Saltwater Games

Saltwater Games is a global game studio and technology ecosystem founded in 2022 by Len Findlay, a serial entrepreneur with over 25 years of experience in technology. The company was established to merge blockchain technology with mixed-reality gaming experiences. Findlay's extensive background in technology systems integration, cybersecurity, and AI has shaped the firm's direction.

In February 2024, the company secured $5.5 million in a seed funding round led by Deus X Capital and Fourth Revolution Capital. This capital is intended to increase headcount, invest in new technology, and expand operations. As part of the deal, Tim Grant, CEO of Deus X, became Chairman of Saltwater Games. The company also received an undisclosed amount of funding from Animoca Brands in June 2024 to develop and integrate its upcoming XR token.

Saltwater Games operates through a multi-studio structure. It acquired Maze Theory for VR/XR game development, Nexus Labs for Web3 and community gaming, and Quantum Interactive for emerging technology innovation. This structure allows the company to manage a diverse portfolio, including its flagship racing title *Celeros*, and well-known IPs like *Doctor Who* and *Peaky Blinders*. The business model is centered on a "Play2Impact" concept, where player actions can translate into real-world positive outcomes, supported by an Impact-Led Treasury. The company generates revenue through its gaming titles and plans to develop its tokenization capabilities, specifically with its XR token designed for use across games and marketplaces.

The company's primary product is a portfolio of immersive games that integrate Web3, XR, and AI technologies. Their flagship title, *Celeros*, is a racing game built on Unreal Engine 5 that utilizes blockchain and AR. Another key title, *Resurgence*, is a free-to-play, open-world game set in a post-apocalyptic future that uses NFTs for true digital ownership of in-game assets. A key component of their ecosystem is the XR One Arbitrum Orbit L3 chain, which is designed to provide a high-performance gaming environment and will be supported by the XR token.

Keywords: Web3 gaming, blockchain gaming, immersive experiences, virtual reality, augmented reality, artificial intelligence, play-to-earn, Play2Impact, tokenization, decentralized ownership, Celeros, Resurgence, Doctor Who games, Peaky Blinders games, XR One, Animoca Brands, Deus X Capital, Len Findlay, metaverse, digital assets, game development, spatial computing, community gaming, NFT integration, Unreal Engine 5