The Sustainable Metaverse Model Created by Affyn Nets The Team $20 Million in Fundraising

Stan Peterson
Expertise : Web3 Projects, ICOs, DeFi, and NFTs.
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]
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One blockchain GameFi company is taking the Metaverse to the next level, by bridging the world’s of augmented reality with Metaverse gaming while bringing users the ability to sustain and be rewarded for their engagement. 

Affyn, has recently completed a highly successful presale fundraising round, hot on the heels of a private sale. The combination of the two rounds has netted this Singaporean tech disruptor the tune of almost $20 million for their Metaverse platform.

Excitement is building around the launch of Nexus World

Affyn’s Nexus World is much anticipated by gamers and investors alike. It combines geo-mapping of the real world, to give users the ability to hunt their way through their surroundings, while virtually working their way around the Nexus World. On their way, they can buy units of Land, represented by NFTs, in which they can plant structures, hold events, and lease their land to other users. 

They can buy Buddy, the in-game NFT character, which develops new attributes as gameplay continues. Buddy can be trained to conduct different activities, to go against other characters in battle, raids, and quests, and become more valuable as his in-game activity proceeds.

Users in addition to being able to monetize from their in-game assets, and from their play-to-earn engagement, can also sell advertising on their Land and structures, and hold events there for financial rewards.

Sustainable in-game economy

The goal of this in-game economy is to be sustainable in the long term and the native FYN token powers the ecosystem’s economy. FYN can also be used to buy products and services outside of the Nexus World, as well as being the only token used for buying in-game assets.

The founder and CEO of Affyn is clear about the benefits of this new Metaverse arena. He says, 

“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.”

Fundraising was generated by a successful presale that took part in January on various launchpads. The sale, which was closed within 60 hours, saw 5700 participants raising $10.4 million, This followed the private sale which generated an additional $7+ million.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]