As the author explains below, Affyn recently announced it has raised more than US $20 million as it joins the list of Play-to-Earn Metaverse digital coins competing with Alien Worlds’ NFT metaverse and token (TLM). This looks like an interesting development, particularly as they seem to have embraced some Alien World’s philosophy around including opportunities to earn multiple income streams, in a NFT based world.
Singapore, Singapore, 31st January, 2022, Chainwire
Affyn, a startup based in Singapore, raised over US$20 million in several fundraising rounds, including a recent round led by several launchpads.
This follows a successful presale round which raised US$10.4 million. This back-to-back successful fundraising round indicates a high level of anticipation for its Play-to-Earn Metaverse.
Affyn is a blockchain-powered Metaverse project with a Free-to-Play, Play-to-Earn mobile game that integrates the best of both the virtual world and the real world. Utilising geolocation technology, augmented reality (“AR”) mechanics and blockchain technology such as non-fungible tokens (“NFT”), Affyn aims to create an ecosystem that is fun and practical, both virtually and in real life.
Building a Sustainable Game Economy
Affyn has spent over a year working on a closed-loop ecosystem that puts sustainability at the forefront of its economic model. Affyn places heavy emphasis on envisioning a long-term ecosystem when compared to many other projects in the Play-to-Earn category. 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 Play-to-Earn model that is sustainable.
The NEXUS Metaverse will also be revealed on Affyn’s social media channels in the coming months as they reveal their “Buddies” – a collection of NFT characters in the game. A trailer video of the NEXUS Metaverse is set to be released in February.
Company founder and CEO Lucaz Lee
“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 Play-to-Earn Metaverse. 2022 will be unprecedented as we ignite the tech space by ushering in a new era of Metaverse. We will pioneer the first of its kind Play-to-Earn 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 Free-to-Play, Play-to-Earn mobile game with integrated geolocation where the virtual and real-world converge. Making use of geolocation technology and AR mechanics, Affyn incorporates the fun element of gaming with blockchain technology such as the utility of NFTs.
Contacts
- Tammie Chew
- tammie@affyn.com
