# SeaBed

> ResidualPlay case file: an overlooked Steam game still earning residual revenue. Estimates carry a ±30-50% error range per title.

- Steam appid: 583090
- Developer: Paleontology
- Publisher: Fruitbat Factory
- Released: 2017 · Genre: Adventure · List price: $19.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $1.8k to $2.6k per month (mid $2.2k)
- Opportunity score: $3.0k/month at x1.35 dormancy multiplier
- Est. lifetime owners: 51.9k · Est. lifetime net revenue: $223.1k
- Review sentiment: 97% positive across 1082 reviews (944 from Steam purchases)
- Review velocity: 20.5 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 13 months
- Studio quiet across its whole catalog
- Last build shipped 12 months ago
- Last discounted 1 months ago, 8 sales in the last 12 months
- Proven demand elasticity: x1.4 review velocity during past deep sales

## Where a gross dollar goes (monthly, at current velocity)

| Stage | USD/month |
|---|---|
| Gross storefront sales | $4.0k |
| After VAT / sales tax (-13% blended) | $3.5k |
| After refunds (-9.5% median) | $3.1k |
| Net to developer (after Steam 30%) | $2.2k |

## Monthly review counts, oldest to newest (24 months)

11, 20, 20, 9, 19, 11, 10, 24, 15, 19, 14, 21, 29, 24, 19, 19, 27, 28, 19, 32, 19, 16, 19, 18

## Estimated acquisition range

$52.9k to $105.7k (2-4x the trailing net annuity of $26.4k/year). Same error range applies.

## Analyst notes (AI-assisted)

SeaBed is a 2017 narrative adventure about memory, loss, and identity set in a dreamlike coastal town, built by indie studio Paleontology.

SeaBed has generated $223k lifetime on modest volume (52k units) with a 97% positive rating and steady 20+ reviews/month, suggesting durable word-of-mouth appeal in the story-driven niche. The game is inactive at the studio level (no developer post in 13 months), but monthly residual revenue of $2.2k/mo indicates a quiet, profitable long-tail catalog asset. For a publisher seeking to acquire and expand a proven emotional narrative IP, or a smaller studio looking to inherit established community goodwill, this represents low-risk, high-sentiment acquisition with modest revival potential.

- Most realistic play: acquisition
- Risk (other): Developer studio appears inactive; no updates or community engagement in 13 months, raising questions about long-term maintainability and future support credibility.
- Risk (market): Narrative adventure genre remains crowded; repositioning or sequel viability depends on whether the IP has franchise legs or exists as a one-off critical success.
- Risk (tech): Built 12+ months ago on unspecified engine; buyer should verify compatibility with current Steam infrastructure and mod support ecosystems.

What players are asking for:
- Sequel or spiritual successor set in the same narrative universe
- Developer commentary, making-of, or behind-the-scenes materials
- Soundtrack release or expanded OST availability
- Mobile or console port to reach underserved platforms

Suggested first moves:
1. Conduct IP audit: confirm Paleontology and Fruitbat Factory retain all rights, or identify any third-party music, art, or narrative licensing that could complicate acquisition.
2. Engage the community directly: announce acquisition, commit to bug fixes and Steam metadata updates, and float a survey on sequel interest, console ports, or anthology expansion.
3. Model revival scenarios: test whether a 25% discount (within historical max) or a community-driven campaign (e.g., streamer seeding, awards nomination push) can re-ignite sales velocity and justify sequel investment.

Generated 2026-08-20 from public signals and player reviews. Directional, not diligence.

## Methodology

Units are estimated from Steam-purchase reviews times a release-cohort multiplier (Boxleiter method, 20-75x by year). Revenue uses an effective price (lifetime discounts and regional pricing) and nets out VAT (~13%), refunds (~9.5%) and Steam's 30% cut: roughly 55% of gross reaches the developer.

Source: https://residualplay.com/game/583090
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.