Elixir Games

About Elixir Games

Elixir Games, founded in 2018 by CEO Carlos Roldan, is a company focused on the web3 gaming infrastructure. Originally conceived as a game development studio, the company pivoted after recognizing the need for a secure and accessible platform for gamers to engage with web3 titles. Based in Barcelona, Spain, the firm operates as a distribution platform for web3 games, aiming to bridge the gap between traditional gaming and the emerging blockchain-based gaming sector.

The company's core offering is the Elixir Platform, a PC game launcher that provides gamers with a centralized hub to discover, install, and play a curated selection of over 150 web3 games. The platform is designed to make the web3 elements, such as NFTs and in-game assets, less noticeable to the average user, thereby lowering the barrier to entry. For game developers, Elixir provides a suite of tools and services, including a publisher dashboard for game management, version control, and integration of features like wallets and matchmaking. The platform supports multiple operating systems, including Windows, Mac OS, and Linux.

Elixir Games generates revenue through several streams, including fees from its in-game asset marketplace, commissions on in-app purchases, subscription passes for premium users, and providing its technology as a whitelabel solution for enterprises. A significant part of its business model is the Elixir Launchpad, an Initial Game Offering (IGO) platform that incubates and helps fund new web3 game projects. The company has also been actively acquiring indie game studios to expand its portfolio of published games. A key component of the ecosystem is the $ELIX token, launched on the Solana blockchain, which is used for transactions, staking for exclusive access, and governance.

The company has secured significant backing, raising $14 million in a seed funding round in March 2024, with investors including Square Enix, the Solana Foundation, and Shima Capital. This brought its total funding to $20 million. Elixir Games has also forged strategic partnerships with major players in the gaming industry, including GameStop, to power its Playr platform, and Gala Games, to host some of its titles. Through acquisitions, such as LitLab Games, the creators of 'CyberTitans,' and the game 'RoboKiden,' Elixir continues to expand its own first-party game offerings.