PRESS RELEASE. The XR Foundation in partnership with Saltwater Games is proud to announce the launch of its gaming-dedicated blockchain, XR One. After receiving grant funding from the Arbitrum Foundation, the Saltwater.Labs team has co-developed the Layer 3 Orbit chain leveraging Arbitrum’s ecosystem of technologies. XR One will be powered by its native $XR token and the roadmap laid out by Saltwater Games is set to integrate multiple live-ops web3 titles in 2024 and 2025.
The XR Foundation Launches XR One: A Revolutionary Layer3 Blockchain; Saltwater Games Leads With 3 Titles in Development
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Press release
XR One represents a quantum leap forward in gaming. By harnessing the power of emerging scaleable web3 technologies, blockchain is coming of age and able to support deep customisation and rapid development for the most immersive, cutting-edge, community-led gaming experiences. Built on Offchain Labs’ state-of-the-art Arbitrum Nitro technology, XR One promises unparalleled performance and security benefits of Ethereum, setting a new standard for interactive, continuous development and entertainment.
At the heart of XR One lies a commitment to innovation, impact and inclusivity, empowering players to shape the future of gaming through their engagement and contributions. Currently focused on games in development by Saltwater Games, XR One Chain will offer an extensive gaming network where players can immerse themselves in a broad range of competitive gaming and earn rewards while influencing game development and publishing roadmaps.
“XR One is not just another blockchain; it’s a chain dedicated to the progression and evolution of competitive gaming,” says Chris Abbott, Chief Strategy Officer of Saltwater Games. “By integrating web3 technologies and leveraging the best in class technology of Arbitrum, XR One provides us the flexibility to deliver a gaming ecosystem that is truly immersive, interactive, and most importantly, player-centric.”
$XR is the native token of the XR ecosystem facilitating marketplace transactions, access to gameplay-enhancing features such as AI and UGC, and governance, along with serving as the native gas token which will support the ongoing decentralisation of the network. Gamers are incentivised with $XR rewards for participating in continuous feedback loops, contributing to governance decisions and engaging with XR One games, improving gaming experiences for everyone. Content creators are encouraged to join XR One, with access to SDKs and tools for building new game content, earning rewards as gamers engage with their creations. Governance using $XR will expand over time, from simple community-led decisions around game development and new titles to complex grant allocation decisions related to the Play2Impact treasury as the DAO underlying the foundation evolves. As XR One onboards more games, the vision for the extended reality ecosystem is to include real-world partnerships to enhance the value of $XR, offering benefits such as discounted event tickets and early access to products.
“XR One represents a step toward what we see as the future of gaming, where players have a real stake in the games they love,” says Saltwater Games’ CEO, Len Findlay. “We’re excited to partner with The XR Foundation to create unforgettable gaming experiences that push the boundaries of what’s possible.”
Join XR One Chain and Saltwater Games in exploring the future of gaming and be part of a community that’s redefining interactive entertainment. Visit Saltwater Games to learn more about XR One and participate in The XR Foundation’s vision for the games industry.
About Saltwater Games:
Saltwater Games, backed by DeusX Capital, 4RC, Primal VC, and more, is a next-generation game studio that pioneers the convergence of AI, spatial computing, digital assets, and real-world integration in gaming. With flagship titles like Celeros, Infinite Inside, and Resurgence, Saltwater Games is shaping the future of interactive entertainment.
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