Affyn led a $20 Million funding round to build a P2E platform

Singapore-based startup Affyn raised over US$20 million through several fundraising rounds, including the recent round led by several launchpads.

Affyn is a blockchain-powered Metaverse project with a Free-to-Play, Play-to-Earn mobile game

Affyn is a blockchain-based Metaverse project with a Free-to-Play, Earn-to-Play mobile game that combines the best of the virtual and real worlds. The company intends to establish a fun and practical environment, both virtually. Moreover in real life, by combining geolocation technology, augmented reality (“AR”) mechanics, and blockchain technology such as non-fungible tokens (“NFT”).



Building a Sustainable Game Economy

The Affyn team worked for almost a year to create a closed-loop ecosystem that prioritizes sustainability in its gaming economy. Unlike many other Play-to-Earn projects, Affyn places a strong emphasis on visualizing an ecosystem with a long-term perspective in mind.

Affyn is establishing themselves as one of the pioneers of building a sustainable mobile Play-to-Earn model by developing a system with numerous revenue sources. Additionally including an advertising revenue model and business-to-business collaboration.

In the next months, users will be able to see glimpses of the NEXUS Metaverse on Affyn’s social media as they disclose their “Buddies,” a collection of NFT characters in the game. In addition in February, a promotional video for the NEXUS Metaverse will be launched.

Company founder and CEO Lucaz Lee

“We’d want to express our gratitude to our partners, advisers, investors. Moreover community for their unwavering support and belief in Affyn. In addition our successful fundraising effort demonstrates our belief in Affyn’s Play-to-Earn Metaverse concept. We will ignite the IT space by ushering in a new era of Metaverse in 2022, which will be unprecedented.

We will create the first Play-to-Earn Metaverse, which will encapsulate the fabric of reality into a synthetic universe where digital avatars. Moreover NFTs, and assets symbolize the notion of a genuine world. We’d like to encourage you to join us in this Metaverse, where we can all play, earn money, and have more fun.”

Image credits: Shutterstock, CC images, Midjourney, Unsplash.