SYN CITY, a distinctive free-to-play NFT metaverse game, has raised more than $8 million from leading cryptocurrency venture capital firms. Twitch, Goat Capital, and A&T Capital led the round, which also included Hack VC, Animoca Brands, Spartan Group, Project Galaxy, Huobi Ventures, and others.
Gamers now have access to hundreds of different game concepts thanks to blockchain gaming platforms. SYN CITY is based on another well-known Mafia concept. As a result, the game is known as the Crypto version of the video game Mafia Wars.
As Web 3 gaming makes a push for widespread adoption, the game joins a growing list of free-to-play titles into the play-to-earn space, stressing accessibility. Syn City’s intended “Mafia Metaverse” will be built around a slew of blockchain-based integrations, including a governance system, DeFi staking, and its own non-fungible token (NFT) exchange.
Reaction to the Newly-raised Funds
One of the partners, Robin Chan, General Partner of Goat Capital, expressed his excitement over the new partnership to create a revolutionary game. In a press release, he said, “We think the metaverse that Syn City is building is super exciting. When I was GM of Asia at Zynga, we witnessed the global phenomenon of Mafia Wars which influenced the whole generation. Syn City is here to lead the paradigm shift of the mafia metaverse.”
A Team of Experts
SYN CITY has the support of several blockchain professionals, including Roy Liu, the co-founder of SYN CITY and former head of business and marketing at TRON.
The game is being created by a group of techies that have previously worked for Disney, Ubisoft, Roblox, EA, Gameloft, Google, and Twitter. Following the popularity of the P2E paradigm, the game’s creators added a Mafia metaverse that connects real-world NFT utilities with DeFi functionalities. The game is free-to-play-to-earn and available to anybody, thanks to this cutting-edge gaming engine.
SYN CITY to Change Blockchain Gaming
SYN CITY is following the trend to destabilize established high-priced blockchain games. While blockchain-based games are developing at a rapid speed, the industry is attracting more enthusiasts and gamers. These metaverse projects, on the other hand, are not freely accessible to all curious hopefuls. Axie Infinity, the first metaverse to use the Play-to-Earn concept, is considered prohibitively expensive to enter.
To host a game on Axie, a gamer will need to deposit $1000. Other blockchain games, such as MOBOX, have pay-to-play and play-to-earn (P2), making them prohibitively expensive for players. SYN CITY, on the other hand, is free and open to all. As a result, it poses a danger to other blockchain-based games.
According to Roy Liu, “It’s not fair to ask people to pay $1000 hard-earned money before they can play or earn from the game. This is the crypto era, and we want everyone to have an equal right to be able to play and earn. If Call Of Duty can become F2P, why can’t crypto games.”
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