Overwolf invests in SYN CITY Mafia Metaverse to introduce user-generated content in P2E games »CoinFunda

Overwolf invests in SYN CITY Mafia Metaverse to introduce user-generated content in P2E games »CoinFunda

Singapore, Singapore, January 7, 2022.

Overwolf, an all-in-one platform that allows 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 made for blockchain. As part of the agreement, Overwolf and SYN CITY will explore new user-generated content capabilities (UGC) in the metaverse, including creating, sharing, and monetizing in-game items.

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

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

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

“Overwolf believes that the future of games in user-generated content (UGC) and part of that future lies in enabling creators to build services with and around NFT. 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 management function called Mafia-as-a-DAO (MaaD) is a very exciting development in the P2E space, ”commented Shahar Sorek, Overwolf’s Marketing Director . .

O SYN CITY

SYN CITY is the first “mafia metaverse” game of its kind made for blockchain. Constructed by a team of experienced game developers, SYN CITY brings the mafia and union style of play to the chain while introducing a unique in-game management feature called Mafia-as-a-DAO (MaaD). The original token platform, SYN, offers players access to several earning options such as events and rewards management. Players can participate in daily events, including PvP, PvE and union-based competitions such as cross-chain tournaments. Discord from SYN CITY was a key proponent of the project’s growth, gathering over 80,000 members in less than a month.

About Overwolf

Overwolf is a guild for creators in the game. With over 95,000 creators and 27 million active users per month, Overwolf is an all-in-one platform that allows creators to build, distribute and monetize in-game apps and mods. Made for creators by creators, Overwolf has a mission to unite the community of creators in the game and empower them to earn a living by doing what they love – developing truly great gaming experiences. Headquartered 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



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