Gaming

AFFYN

  • August 8, 2022
  • 3 min read
  • 91 Views
AFFYN

Affyn is a Singapore-based company that is building a free-to-play and play-to-earn mobile game with integrated augmented reality and geolocation technology. It combines the fun aspect of gaming with Blockchain technology, such as the utility of NFTs and their official currency, and guarantees that the benefits remain appealing to both new and experienced players. It does this by utilizing geolocation functionality, NFTs and AR dynamics and their official native token, FYN token. Affyn wants to build an entertaining and useful environment that works both virtually and practically.

The official blockchain utility token is called FYN token. A closed-loop economy is created when players’ earned tokens can be used in both the virtual and actual worlds. In the game, players can use FYN tokens to lease or buy real estate, buy and trade NFTs, and take part in a variety of activities. In the real world, FYN tokens can be used to make transactions relating to travel, shopping, and leisure.
The FYN token, on its listing debut, was the third most searched for and the fourth most visited token due to its broad range of uses.

What separates Affyn in the market?

Mobile Geolocation Based Service: Geolocation-Based Mobile Mobile geolocation-based gaming is becoming more popular, and Affyn will lead the way in the blockchain industry’s mobile Play-to-Earn sector.

Play to Earn and Free to Play: Metaverse that enables players to begin playing and earning right away.

Sustainable Game Economy: The rewards system will remain in a closed looped system where it offers both in-game utilities and real-world utilities through the native token, making it more valuable and compelling for both freshly acquired users as well as existing users in the long run.

Real world token utility: For use in the real world, users that earn FYN do not need to convert it into FIAT money. When they pay in FYN, Affyn offers unique rights and advantages.

NEXUS Metaverse
Users can explore, play games, and take part in activities in NEXUS World, a digital layer of the mobile metaverse that is geolocated and mapped to the real world. Digital real estate in the virtual world that is plotted in line with reality is called NEXUS land. A hexagon indicates the smallest piece of land. Every piece of property is an NFT. With FYN, users can buy and own NEXUS land. On their property, users can construct NEXUS structures. These structures are virtual representations of real-world property. A NEXUS construction can be bought from the market and has its own unique set of features. Users are required to own or lease the necessary land area to construct each structure, which is an NFT with a need for land area. When two or more structures are constructed near to one another, they can combine and grow into larger constructions.

Key Insights:

Over the course of 4 rounds, Affyn secured $27M in investment. On January 28, 2022, an Initial Coin Offering round was used to raise their most recent capital.
Six investors are supporting Affyn. The most recent investors are Kommunitas and TruePNL.
Based on its 73,916 monthly visitors, Affyn is ranked 595,242 among websites worldwide.
It has a monthly visit growth rate of 454.53%.
Due to FYN’s diverse use cases, it has risen to become the third most searched for and fourth most visited token. the start of its two-week listing.