Why we invested in Satoshis Games
7 May 2019
Fulgur Ventures
3 min read
Satoshis Games pioneered Lightning-powered micro-reward games with LightNite and now operates Elixir, a Web3 marketplace for indie games and digital assets that brings Bitcoin-native economics to a global gaming audience.
Some bets you make because the team got there first and never stopped iterating. Satoshis Games, founded in Madrid in 2018 by Carlos Roldan and Carlos Borlado, is one of those. Their first hit, LightNite, was an early proof point that Lightning could pay players in real time for in-game actions, with sats streaming directly to a player's wallet on every kill rather than accruing as opaque points or balances inside a closed economy.
From that foundation, the team built Elixir, a Web3 marketplace for indie games and digital assets. Elixir lets developers reach a Bitcoin-aware audience, distribute games globally, and integrate digital ownership without forcing players through ten-step crypto onboarding. It is a natural extension of the LightNite thesis: gaming benefits enormously from instant, programmable, native digital money, and somebody has to build the storefronts and SDKs that make it ordinary.
This is precisely the Fulgur thesis on Bitcoin gaming. Lightning gives game economies a settlement layer that is global, low-fee, and final. Pair that with a marketplace that aggregates indie supply and player demand, and you start to see the outline of a real distribution alternative to the major closed platforms. The market for indie games and digital items is enormous and chronically underserved by incumbent middlemen.
We partnered with Satoshis Games in 2019, when most of the industry was still arguing whether Lightning could power consumer products. The team simply shipped, and they have kept shipping through every market cycle since. That kind of compounded execution is rare, and it is what we want to back.