After successfully raising $10.4 million in presale, Affyn has now raised more than $20 million through several fundraising rounds. It includes the recent round led by several launchpads.
“Our successful fundraising campaign signals strong confidence in the vision of Affyn’s Play-to-Earn Metaverse,” said Lucaz Lee, CEO, and founder of Affyn, while acknowledging the “tremendous support and trust” of the advisors, partners, investors, and community in the project.
According to Lee, Affyn will spearhead the first of its kind Play-to-Earn Metaverse that brings reality into the synthetic world where the real world is represented by NFTs, digital avatars, and assets.
Tech giants like Facebook (rebranded as Meta), Microsoft, Apple, Nvidia, global gaming company Entain, Unity, Roblox, and many others, have already announced their plans to invest in the metaverse, which investment bank Goldman Sachs predicted to be an $8 trillion opportunity.
“2022 will be unprecedented as we ignite the tech space by ushering in a new era of Metaverse,” said Affyn CEO Lee.
Singapore-based startup Affyn is a blockchain-powered Metaverse project with a Free-to-Play, Play-to-Earn (P2E) mobile game that integrates the best of both the virtual world and the real world.
The company uses geolocation technology, augmented reality (“AR”) mechanics, and non-fungible tokens (“NFT”), to create an ecosystem that is sustainable.
For more than a year, the Affyn team has been developing a closed-loop ecosystem with sustainability at the forefront of its game economy.
To be the pioneer of building a sustainable mobile Play-to-Earn model, they are creating a system with multiple revenue streams covering an advertising revenue model and business-to-business collaboration.
In the coming months, Affyn will give the audience a glimpse of its NEXUS Metaverse through “Buddies”, a collection of NFT characters in the game.
The trailer video of the Metaverse meanwhile will be released this month.
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
The crypto market took a sharp breather today after weeks of strong momentum. Bitcoin slipped…
Binance’s new co-CEO, He Yi, stated that employees are strictly forbidden from being involved in…
Cardano once spent years building toward its first major rally. It took four full years…
Tron (TRX) is trading near $0.28, holding steady amid adverse market conditions and potential capital…
XRP is once again gaining strong traction across the crypto market as traders grow increasingly…
The search for the best crypto to invest in under $0.05 has grown louder as…
