Arcanum Ventures Partners With Saltwater Games

Arcanum Ventures is proud to announce our newest partnership with Saltwater Games, a global game studio and technology ecosystem. Their flagship economy, Celeros, will help traverse the competitive world of gaming to the real-world sports of electric vehicle racing.

What is Saltwater Games?

A web3 gaming studio fully dedicated to social impact causes – Saltwater Games is collaboratively building the infrastructure to onboard the next generation of racers. The studio is spearheaded by a team with an impressive startup track record and a number of major ecosystem backers. They are focused on creating a platform that will achieve the following:

• Social impact support
• Carbon emission rehabilitation
• Advance clean technology

Their roadmap is marked with the launch of their premier racing economy, Celeros, a mixed-reality, multi-genre racing series for electric vehicle racing. Their racing titles will help educate enthusiasts about these new sports leagues and technologies while creating a fanbase around emerging sports.

Saltwater Games, encourages the concept of Play2Impact – supporting social impact organizations and climate awareness causes through a DAO-governed investment fund, fueled by revenues from their gaming titles. By bringing transparency, accountability, and true-asset ownership into their products, they plan to address longstanding woes shared by both gaming and racing fans, while building a community around this positive footprint in social impact.

What is Saltwater Games Building with Celeros?

Celeros is a community-driven racing series that ties back to the electric vehicle racing world through partnerships with a number of emerging sports leagues. Their exclusive multi-year partnership with Airpeeder to develop a cross-reality virtual world for the flying car racing series is only the beginning.

The development of AirspeederXR is a major step towards growing a community around the benefits of sustainable technologies in racing, but also ushering in a new generation of drivers and pilots. The cross-reality racing series will help serve as a training ground for pilots to enter the world of flying car racing before risking serious injury in the most extreme racing league seen yet.

Celeros will foster these incredible user journeys using a multi-token economy with unique digital assets and fungible tokens to power the economy. The economy will help team managers fund their racing operations, constructors create the fastest vehicles, drivers earn through tournament competitions, and fans take an active role in race scheduling, regulating, and officiating.

Future commitments to develop titles for electric boat and electric car racing leagues will bring more awareness to clean technologies in the industry, while empowering social impact causes, globally. Supporters like Bruno Senna and Formula E have already set a precedent for interest in fostering a more sustainable racing future, ushered in by Saltwater Games.

Arcanum’s Startup Advisory Support

Arcanum Ventures is working closely with Saltwater Games as the principal tokenomics advisor. Our support revolves around protocol design and token economy structuring to improve all aspects of the user experience. Our organizations share the common goal of creating a token economy in the right way – using merit-based incentives to onboard the next generation of racing enthusiasts and, ultimately, the next generation of flying vehicle racers and constructor teams.

Our shared focus in the token economy will help encourage targeted user acquisition across partners like Formula 1, Formula E, etc. The high-level priority for the token economy is to sustainably encourage community involvement and put tokens into the hands of constructive participants that are also focused on creating social impact. 

Together, we plan on creating a scalable system to bring on racing fans, drivers, team managers, track designers, DAO members, and everyone in between. 

Len Findlay, Saltwater Games CEO, had this to say about the partnership…

“Working with Arcanum Ventures has been an enlightening journey, underlining the true meaning of pushing boundaries in the world of web3. Their knack for driving innovation, paired with a laser-focused approach to swift and tangible outcomes, has set the cornerstone for the development of the Saltwater Games ecosystem token. It’s not every day you find a partner who marries the art of exploration with the science of execution. Arcanum Ventures embodies this, making the complex world of blockchain not just approachable, but transformative”

Sasha Asheghi, co-founder of Arcanum Ventures expressed his excitement about the collaboration…

“It’s not often we see eye-to-eye from day one with a blockchain gaming startup. We’re very critical about all things GameFi tokenomics, but the collaboration with the Saltwater Games team immediately seemed like a right fit.

We are extremely excited to design a token economy that is 100% about fixing issues in an existing industry we are big fans of, while leveraging a fungible token economy to build a robust, and scalable game economy that will encourage the most passionate stakeholders. This is the opposite of the play-to-earn we are highly critical of.

Together, we hope to impact change by working with designers, developers, founders, and economists who understand the benefits of decentralized currency supplies and how they can help companies work towards their goals while offering unprecedented benefits for their users and customers.”

If this content interests you, be sure to follow Arcanum Ventures on our social media channels. Reach out if you’re interested in working together to structure your company’s token economy. 

About Saltwater Games

Saltwater Games is a global game studio and technology ecosystem. Saltwater Games believes in creating the highest quality, most immersive experiences where physical and virtual merge for competition, rewards, education, and impact.

The company’s mission is to provide gamers with an infrastructure that prioritizes the fun of immersive play and economic longevity through innovative decentralized ownership.

Saltwater Games is committed to creating a AAA gaming environment that offers gamers the chance to not only make a positive social impact through their efforts, both in terms of personal education and investment in real-world impact projects, but also through real monetary rewards. 

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