Saltwater Games, a UK-based Web3 and XR gaming company, has announced the successful completion of its latest funding round, further solidifying its position in the industry. Although the exact amount raised remains undisclosed, the funding was facilitated through a seed SAFT method, a popular contract-based approach used by blockchain companies to secure investments.

Animoca Brands played a significant role in the funding round, aiming to integrate Saltwater Games' Arbitrum Orbit L3 blockchain XR One with their member network, Mocaverse. This strategic collaboration is expected to enhance the gaming experience for users and drive growth for both companies. The financial support from Animoca Brands will likely boost the development and integration of Saltwater Games' blockchain technology.

The seed SAFT method used in this funding round demonstrates the confidence of investors in the potential of Saltwater Games' Arbitrum Orbit L3 blockchain XR One. This approach has become increasingly popular among blockchain companies as a means of raising funds, highlighting the growing interest in this emerging technology.

Saltwater Games' latest funding round marks a significant milestone in its efforts to enhance the gaming experience and expand its presence in the industry. With the support of Animoca Brands, the company is poised to make significant strides in the development and integration of its blockchain technology.

As the gaming industry continues to evolve, collaborations like the one between Saltwater Games and Animoca Brands are becoming increasingly important. By combining their expertise and resources, these companies can create innovative gaming experiences that engage users and drive growth. The success of this funding round is a testament to the potential of Saltwater Games and the growing interest in Web3 and XR gaming technologies.