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Singapore Startup Affyn Raised More Than US$7 Million, Presale to Start in December 2021 – Press release Bitcoin News

PRESS RELEASE.

  • Affyn’s personal spherical was oversubscribed inside every week of its web site unveiling, ensuing in the opening of a brand new strategic spherical that when once more grew to become oversubscribed, forward of its presale in December 2021.
  • Backed by greater than 50 enterprise capitalists, institutional traders and companions, signaling excessive confidence and powerful demand for Affyn’s Play-to-Earn Metaverse.
  • The a lot anticipated presale spherical shall be launched in December 2021 in preparation of the general public launch in early 2022. Whitelisting is now open for registration on their web site, www.affyn.com.

SINGAPORE, Dec. 21, 2021 – Singapore startup Affyn, a blockchain-powered Metaverse venture, is growing a Free-to-Play and Play-to-Earn cell sport with built-in geolocation and augmented actuality (AR) functionality.

Reimagining Free-to-Play and Play-to-Earn

As a metaverse-based venture with geolocation functionality and AR mechanics, Affyn incorporates the enjoyable idea the place each in-game character, which they name “Buddy”, is a non-fungible token (NFT). If you aren’t but aware of NFT, it simply signifies that the buddy really belongs to you, and never to the sport builders. This disrupts the normal gaming trade the place gamers grind 1000’s of hours for in-game objects and currencies which they don’t actually personal.

Creating a Closed-loop Economy

Similar to how each sport has its personal set of forex, Affyn’s forex is often known as FYN tokens. The utility of FYN tokens is aimed to be extremely versatile – other than the same old in-game transactions, it’s in progress to undertake actual world utility. By creating this built-in ecosystem whereby gamers can earn the tokens just about, and having the ability to utilise them in the true world, a closed-loop economic system is fashioned – driving the worth of FYN tokens.

Ensuring a Sustainable Game Economy

Affyn is likely one of the pioneers of the cell Play-to-Earn mannequin, created with the intention of adjusting the best way gamers can derive worth from the ecosystem as in contrast to conventional gaming platforms. The group spent greater than a 12 months designing an in depth blueprint to create a sustainable sport economic system.

This helps to guarantee rewards stay enticing to current and new gamers in the long term.

Lucaz Lee, Founder and Chief Executive Officer, who fronts the fundraising, on why he began this venture: “Our idea of a Metaverse is a world where people can meet, play and connect not just virtually, but also in real life. By using blockchain technology as a bridge, Affyn aims to drive a global movement where we can play, earn, and have more fun together at the same time.”

Token Pre-launch & Project Public Sale

The whitelisting is now open for registration at their foremost web site, www.affyn.com. This is in preparation for Affyn’s public launch in early 2022. The pre-sale will start in December 2021.

To discover out extra about Affyn:

Contact: Zac Chen

[email protected]

 

 


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