Singapore, Feb. 1, 2022 — Singapore-based startup Affyn raised more than $20 million through several fundraising rounds, including the recent round led by several launchpads.

This comes directly after a successful presale round that raised $10.4 million. This back-to-back successful fundraising round indicates a high level of anticipation for its play-to-earn (P2E) metaverse.

Affyn is a blockchain-powered metaverse project with a free-to-play (F2P), P2E mobile game that integrates the best of both the virtual and real worlds. Utilizing geolocation technology, augmented reality (AR) mechanics and blockchain technology such as nonfungible tokens (NFT), Affyn aims to create an ecosystem that is fun and practical, both virtually and in real life.

Building a sustainable game economy

The Affyn team spent more than a year developing a closed-loop ecosystem that places sustainability at the forefront of its game economy. In contrast to many other P2E projects, Affyn heavily emphasizes an ecosystem with a more long-term view. Creating a system with multiple revenue streams that includes an advertising revenue model and business-to-business collaboration, Affyn is positioning itself as one of the pioneers of building a mobile, sustainable P2E model.

Users can also catch glimpses of the Nexus World Metaverse on Affyn’s social media in the coming months as it reveals its Buddies collection, based on game characters. A trailer video for Nexus will be released in February.

Lucaz Lee, CEO and founder of Affyn, said, “We would like to thank our partners, advisors, investors and community for the tremendous support and trust in Affyn. Our successful fundraising campaign signals strong confidence in the vision of Affyn’s P2E metaverse. The year 2022 will be unprecedented as we ignite the tech space by ushering in a new era of the metaverse. We will pioneer the first-of-its-kind P2E metaverse that encapsulates the fabric of reality into a synthetic world where the notion of a real world is represented by digital avatars, NFTs and assets. We would like to invite you to join us in this metaverse where we can play, earn and have more fun together at the same time.”

About Affyn

Affyn is a Singapore-based company building a blockchain-powered metaverse project with a F2P, P2E mobile game with integrated geolocation where the virtual and real worlds converge. Making use of geolocation technology and AR mechanics, Affyn incorporates the fun elements of gaming with blockchain technologies such as the utility of NFTs.

For more information, please contact Affyn’s press office: 

Tammie Chew