December 9, 2021 – Singapore, Singapore
SYN CITY, the first-ever mafia-themed metaverse game on the blockchain, has broken new records this week with the listing of their in-game tokens and assets in what has become one of the most successful IGOs to date.
SYN CITY launched its IGO on the Binance NFT platform, with various in-game collections, and was flooded with over $3.5 million in volume less than 30 minutes after launch. Today SYN CITY is ranked number one for collections on the Binance NFT platform, number two for the last seven days, and number three for the last 30 days.
SYN CITY is quickly becoming more popular with over 200 thousand community members. The mafia metaverse, which was set up by ex-TRON head of business Roy Liu, works on a DAO system where all community members govern their own syndicates. The game was created by ex-Ubisoft, Roblox, EA and Disney team members. The Binance IGO listing saw SYN CITY drop limited-edition NFTs and in-game assets especially created for Binance.
SYN CITY’s Roy Liu said,
“We have been blown away by the success of this listing and are completely thrilled to create a parallel universe for the Binance community, among many others. Thanks to all the support from our community members, Binance NFT and the Binance NFT ecosystem, it is clear we are creating something amazing here, and we will certainly grow and scale together with our community.“
The play-to-earn model has boosted the popularity of on-chain gaming, and in the last quarter alone, the number of unique active wallets (UAW) connected to game DApps climbed to 754,000. This accounts for approximately half the entire industry’s gaming activity. NFT games account for 20% of all NFT trading volume, but there is one major shortcoming.
SYN CITY introduces a free-to-play-to-earn gaming model, which takes the emphasis away from players having to pay-to-play, and encourages engagement by incentivizing pure gameplay and in-game interaction.
The importance of IGOs is rising as a new model of crowdfunding, which allows users to purchase tokens ahead of new game launches. The most popular blockchain games can also drop their NFT collections onto the Binance NFT platform.
About SYN CITY
SYN CITY is the first-of-its-kind mafia metaverse game built for the blockchain. Constructed by a team of experienced game developers, SYN CITY brings the mafia and syndicate-style gameplay on-chain while introducing a unique in-game governance feature called mafia-as-a-DAO (MaaD).
The platform’s native token, SYN, offers players access to several earning opportunities like events and governance rewards. Gamers can take part in daily events, including PvP, PvE and Syndicate-based contests like cross-chain tournaments.
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