• bitcoin
    Bitcoin(BTC)
    $44,236.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $3,099.46 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $429.53 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $1.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $1.09 5.58%24H
  • chainlink
    Chainlink(LINK)
    $16.79 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $339.29 5.04%24H
  • stellar
    Stellar(XLM)
    $0.219 4.19%24H
  • vechain
    VeChain(VET)
    $0.060 7.84%24H
  • tezos
    Tezos(XTZ)
    $4.15 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00100 3.34%24H
Crypto Currency Bazaar 4u
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home INDIA

Overwolf Invests In SYN CITY Mafia Metaverse To Pioneer User Generated Content In P2E Games » CoinFunda

CB4U by CB4U
January 8, 2022
in INDIA
0
Overwolf Invests In SYN CITY Mafia Metaverse To Pioneer User Generated Content In P2E Games » CoinFunda
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Singapore, Singapore, 7th January, 2022,

Overwolf, the all-in-one platform that enables creators to build, distribute, and monetize in-game apps and mods, today announced an investment in SYN CITY, the first-of-its-kind “mafia metaverse” game built for the blockchain. As part of the deal, Overwolf and SYN CITY will explore new user-generated content (UGC) opportunities in the metaverse including creation, sharing, and monetization of in-game items.

Overwolf joins a growing list of investors who see merit in SYN CITY’s Mafia Metaverse. The project raised over $8 million in investments from Twitch, Project Galaxy, Animoca Brands, Huobi Ventures, and many prominent investors and VC firms.

In addition to the investment, SYN CITY is exploring integration with the Overwolf platform in order to enable in-game creators to monetize their creations in the future. Community-created experiences are becoming a critical part of gaming, and SYN CITY believes that this will be more important than ever in the P2E ecosystem where gamers already have an ownership stake in the game. 

“Successful social platforms and metaverse projects must let creators generate content for friends, clients, and other ecosystem participants. As a result, metaverse gaming continues to gain momentum and evolve, with a strong focus on social networking. As a result, producers and creators of user-generated NFTs and content can forge their own experiences for the entire community to benefit from. We are thrilled to explore what UGC could look like in-game with Overwolf, the creators of the leading UGC as a service platform,” commented Roy Liu, Co-founder of Syn City. 

 “Overwolf believes the future of games is in user-generated content (UGC) and part of that future lies with enabling creators to build services with and around NFTs. We are excited to invest in such an experienced team of game developers. SYN CITY’s commitment to UGC both in-game and on-chain by introducing a unique in-game governance feature called Mafia-as-a-DAO (MaaD) is a very exciting development in the P2E space,” commented Shahar Sorek, Overwolf CMO.

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. SYN CITY’s Discord has been a key proponent of the project’s growth, having amassed over 80,000 members in less than a month.

About Overwolf

Overwolf is the guild for in-game creators. With over 95,000 creators and 27 million monthly active users, Overwolf is the all-in-one platform that enables creators to build, distribute, and monetize in-game apps and mods. Built for creators by creators, Overwolf is on a mission to unite the in-game creator community and empower them to make a living doing what they love – developing truly awesome gaming experiences. Based in Tel Aviv, Overwolf has raised over $150 million to date from investors including Andreessen Horowitz, Atreides Management,

Griffin Gaming Partners, Insight, Marker, Intel Capital, Liberty Technology Venture Capital, Market and Ubisoft.
 

Contacts
  • Ryan Dennis
  • marketing@syn.city
Advertisement Banner
Previous Post

3 Crypto Coins that will Survive a Bitcoin Bear Market in 2022

Next Post

Samsung Opens Flagship Metaverse Store In Decentraland

CB4U

CB4U

Next Post
Samsung Opens Flagship Metaverse Store In Decentraland

Samsung Opens Flagship Metaverse Store In Decentraland

Discussion about this post

RECOMMENDED

Decentraland (MANA) Price Faces 56% Downside Risk Below $2.50

Planning To Buy Decentraland (MANA)? Charts Indicate Short Term Reversal

5 months ago
South Korea to Invest $177 Million Directly in Metaverse Platforms – Metaverse Bitcoin News

South Korea to Invest $177 Million Directly in Metaverse Platforms – Metaverse Bitcoin News

4 weeks ago

DON'T MISS

(ข่าวคริปโตล่าสุด) เขียวจริง? / สัญญาณดีจาก FED / Do kwon LUNA / SOL FTX PAXG

(ข่าวคริปโตล่าสุด) เขียวจริง? / สัญญาณดีจาก FED / Do kwon LUNA / SOL FTX PAXG

June 28, 2022
Digital Asset Products Experienced Largest Outflows Last Week: Report

Digital Asset Products Experienced Largest Outflows Last Week: Report

June 27, 2022
ADA Consolidates as Price Drops Below $0.50

ADA Consolidates as Price Drops Below $0.50

June 27, 2022
How Pionex’s Trading Bots Can Help Manage Risk – Sponsored Bitcoin News

How Pionex’s Trading Bots Can Help Manage Risk – Sponsored Bitcoin News

June 27, 2022
Crypto Currency Bazaar 4u

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

(ข่าวคริปโตล่าสุด) เขียวจริง? / สัญญาณดีจาก FED / Do kwon LUNA / SOL FTX PAXG

(ข่าวคริปโตล่าสุด) เขียวจริง? / สัญญาณดีจาก FED / Do kwon LUNA / SOL FTX PAXG

June 28, 2022
Digital Asset Products Experienced Largest Outflows Last Week: Report

Digital Asset Products Experienced Largest Outflows Last Week: Report

June 27, 2022
ADA Consolidates as Price Drops Below $0.50

ADA Consolidates as Price Drops Below $0.50

June 27, 2022

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $44,236.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $3,099.46 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $429.53 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $1.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $1.09 5.58%24H
  • chainlink
    Chainlink(LINK)
    $16.79 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $339.29 5.04%24H
  • stellar
    Stellar(XLM)
    $0.219 4.19%24H
  • vechain
    VeChain(VET)
    $0.060 7.84%24H
  • tezos
    Tezos(XTZ)
    $4.15 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00100 3.34%24H