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AcceleratXR

The most powerful online multi-player gaming platform

USA, California
Market: Entertainment, Services, Virtual and Augmented Reality
Stage of the project: Operating business

Date of last change: 18.01.2022
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Idea

AcceleratXR is building the world's first distributed online multi-player gaming platform to give developers and gamers true independence from the difficulties and uncertainties of modern gaming.

Current Status

We are one of the few startups that has succeeded without investment, being completely bootstrapped, and earning revenue since day one. Our revenue has steadily grown year on year since our founding in late 2018. We are a proven top player in the marketplace, having been voted Best Gaming Backend as a Service two years in a row (2020, 2021) by the developer community. In addition, we've developed strategic partnerships with Amazon GameTech, CodeWizards, SuperNimbus, Servers.com, Redpill VR, Google for Games and more.

Market

Our current customer segment primarily includes gaming and entertainment companies of all sizes. There are an estimated 1.6-2M game development studios worldwide whom generated over $180B in revenue in 2021.

Problem or Opportunity

Building online games and entertainment products is difficult, time consuming and very expensive to maintain and operate. Our goal is to democratize and revolutionize online game development by bringing proven AAA game technology to the masses in an unprecedented way.

Solution (product or service)

AcceleratXR has developed an online gaming technology ecosystem that is both plug-n-play and also limitless in potential and customization. Our upcoming Project DANGER will revolutionize the way online games are made and played by transforming the classic authoritative platform server model into a fully distributed mesh network capable of sustaining a game indefinitely without the constant investment of developers.

Competitors

https://getbraincloud.com/
https://playfab.com/
https://www.beamable.com/
https://xtralife.cloud/
https://pragma.gg/

Advantages or differentiators

We are the only BaaS product in the market that offers independent and isolated server environments for each customer with direct database access and dedicated hardware provisioning to every customer at all pricing levels.
We offer more than 3x as many built-in features and systems as our nearest competitor, saving develops as much as 80% of their development costs.
We are one of only two products in the market that offers complete source code access to the entire platform.
We maintain lower royalty and SaaS pricing compared to our competition due to our low overhead and operating cost efficiency.

Finance

We have a multi-variate cost structure and revenue stream split across three revenue streams. Our first revenue stream comes from pure licensing in which any developer that integrates AcceleratXR technology pays us a 4% royalty on their gross revenue for each product using our software. Our second revenue stream is from Software as a Service whereby we provide the total hosting, infrastructure and bandwidth cost for operating and managing the AcceleratXR technology platform on behalf of a developer. Developers pay per monthly active end-user with pricing varying from $0.003-0.03 per MAU per end-user product. Finally, we also offer consulting services to developers for the integration and support of our products and services.

Business model

Our business model is a combination of SaaS, B2B consulting and traditional IP licensing.

Money will be spent on

50% Product development and engineering
25% Marketing, sales and customer acquisition
20% Development and Live Operations
5% Miscellaneous Expenses

Risks

Our biggest risk is not being able to meet our current demand in the marketplace before our competitors catch up to us in terms of feature parity and/or service level. We also do not currently have a large volume of customers with which to provide revenue stability as we are reliant on a few larger customers.

Won the competition and other awards

Winner 2020 Imperium42 Mods Choice Award for Best BaaS
Winner 2021 Imperium42 Mods Choice Award for Best BaaS

https://i42.quest/baas-compare

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation