- Affyn’s private round was oversubscribed within a week of unveiling its website, resulting in the opening of a new strategic round that once again became oversubscribed ahead of its presale in December 2021.
It’s backed by more than 50 venture capitalists, institutional investors and partners, signaling high confidence and strong demand for Affyn’s play-to-earn metaverse.
The much anticipated presale round will launch in December 2021 in preparation for the public launch in early 2022. Whitelisting is now open for registration on our website, www.affyn.com.
Singapore, Dec. 22, 2021 — Singapore startup Affyn, a blockchain-powered metaverse project, is developing a free-to-play and play-to-earn (P2E) mobile game with integrated geolocation and augmented reality (AR) capability.
Reimagining free-to-play and play-to-earn
As a metaverse-based project with geolocation capability and AR mechanics, Affyn incorporates the fun concept where every in-game character, called a “Buddy”, is a nonfungible token (NFT). If you are unfamiliar with NFTs, it just means that the Buddy actually belongs to you, and not to the game developers. This disrupts the traditional gaming industry where players grind for thousands of hours for in-game items and currencies that they do not really own.
Creating a closed-loop economy
Similar to how every game has its own currency, Affyn’s currency is FYN tokens. The use cases of FYN tokens are aimed to be highly versatile — apart from the usual in-game transactions. By creating this integrated ecosystem whereby players can earn tokens virtually and be able to utilize them in the real world, a closed-loop economy is formed, driving the value of FYN.
Ensuring a sustainable game economy
Affyn is one of the pioneers of the mobile P2E model, created with the intention of changing the way players derive value from the ecosystem as compared to traditional gaming platforms. The team has spent more than a year designing a detailed blueprint to create a sustainable game economy. This helps to ensure rewards remain attractive to existing and new players in the long run.
Lucaz Lee, founder and CEO of Affyn, explained why he started this project: “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 and project public sale
The whitelisting is now open for registration on the main site: www.affyn.com. This is in preparation for Affyn’s public launch in early 2022. The pre-sale will begin in December 2021.
To find out more about Affyn:
Telegram channel: https://t.me/affynofficial
Contact: Zac Chen