In an era where digital realities are merging with everyday life, Affyn stands out as a trailblazing Singapore-based company shaping the future of gaming and blockchain integration. With its revolutionary Free-to-Play and Play-and-Earn mobile game, Affyn harnesses the power of geolocation and augmented reality (AR) mechanics to create a dynamic user experience. By seamlessly blending the excitement of gaming with blockchain technology, players can enjoy the utility of NFTs and the exclusive use of the FYN token. Dive into how Affyn is not only making games more engaging but also merging the virtual with the real world through its innovative closed-loop economy.
What is Affyn (FYN)?
Affyn is a Singapore-based company building a blockchain-powered Metaverse project with a Free-to-Play, Play-and-Earn mobile game. Making full use of geolocation capability and AR mechanics, Affyn incorporates the fun element of gaming with blockchain technology such as the utility of NFTs and their official currency, the FYN token.
The FYN Token
FYN token is the official blockchain utility token. The tokens that players earn can be used in both the virtual and real worlds, forming a closed-loop economy.
In the game, FYN tokens can be used to purchase or lease property, purchase and exchange NFTs, and participate in various events. In the real world, FYN tokens can be used for travel, retail, and lifestyle-related purchases.
Who are the Founders of Affyn?
Lucaz Lee is the Founder and Chief Executive Officer of Affyn. He has nine years of experience leading international teams and expanding merchant partnerships in the lifestyle industry.
He was in the core leadership team that helped a travel and lifestyle company launch and penetrate the Asian market, where it went from US$91m to US$926.6m in annual revenue within four years.
Lucaz left the company in early 2018 during its prime to help launch and lead a predictive genomics startup, bringing personal genetics to consumers worldwide. The company went from zero to USD$20m revenue in under two years before its successful acquisition by a NASDAQ-listed company.
Lucaz was exposed to blockchain and crypto in 2016, and the following year he went neck deep and has been actively involved in the space ever since.
What Makes Affyn Unique?
Play-and-Earn that is Free-to-Play
A Play-and-Earn Metaverse that allows players to start playing and earning without any initial fee.
Sustainable Game Economy
To ensure the rewards remain attractive to existing and new players in the long run, Affyn found the solution to maintain a sustainable and growing game economy.
Mobile Geolocation-Based
Mobile geolocation-based gaming is on the rise, and Affyn will become the pioneer of the mobile Play-and-Earn category in the blockchain space.
Real World Token Utility
Users who earn FYN do not have to convert into FIAT currency to use in the real world. Affyn provides special privileges and benefits when they pay in FYN.
NEXUS Metaverse
NEXUS is a mobile Metaverse with a digital layer that is mapped to the real world where users can explore, play, and participate in activities based on their geolocation.
NEXUS World Land
NEXUS World land is a digital representation of real estate in the virtual world that is mapped according to the real world. The smallest unit of land is represented by a hexagon. Each piece of land is an NFT. Users can purchase and own NEXUS land with FYN.
NFT Marketplace
Users may create, list, buy, and sell NFT character skins, wearables, collectibles, and structures in the NEXUS NFT marketplace. The NFTs from the marketplace can be integrated into the virtual world. Creators and artists will be able to earn royalties from all sales of the NFT assets.
Augmented Reality Activities
There will be campaigns and activities in NEXUS where, for example, NEXUS characters also known as Buddies will be planted at a shopping mall which users may hunt through the augmented reality lens. The quantity and quality of rewards from these items will be determined through an algorithm based on specific criteria such as completion with a friend or family member. These rewards can be as attractive as winning an exquisite 5-star trip to Paris or earning FYN tokens that can be utilized in the virtual and the real world within the ecosystem. This will encourage users to initiate get-togethers with their friends and family, drive traffic to a specific location, and generate a lot of buzz.
Structure
Users can build NEXUS structures on their land. These structures are digital representations of property in the virtual world. A NEXUS structure has its own set of characteristics and can be purchased from the marketplace. Each structure is an NFT that has a land area requirement, and users are required to own or lease the required land area to construct it. Structures can combine and evolve into bigger structures when two or more structures are built next to each other.
Token Market Data
Coin Statistics
- Current Price: $0.0771
- Market Cap: $19,592,048.40
- 24h Price Change: 10.46%
- 7d Price Change: 26.38%
- 30d Price Change: 230.49%
- 24h High: $0.0836
- 24h Low: $0.0698
- All-Time High: $1.6880 (2022-02-01T13:53:00.000Z)
- All-Time Low: $0.0102 (2023-11-23T17:45:00.000Z)
- Circulating Supply: 254,033,788.00
- Total Supply: 1,000,000,000.00
The Purpose and Utility of the Affyn Crypto Token
The Affyn crypto token, FYN, is the official blockchain utility token for the Affyn Metaverse project, a Singapore-based company creating a blockchain-driven mobile Metaverse that combines both the element of Free-to-Play and Play-to-Earn. The token is designed to facilitate transactions and ensure the legitimacy and ownership of in-game assets, known as NFTs (Non-Fungible Tokens).
Token Utility
The FYN token serves as the backbone of the Affyn ecosystem, enabling players to earn tokens through various means, such as participating in augmented reality activities, NEXUS World campaign events, user-created games, referrals, NFT sales, royalties, and transactions involving virtual land. The token's utility extends beyond the virtual world, as users can also use FYN tokens for real-world purchases, such as travel, retail, and lifestyle-related transactions, forming a closed-loop economy.
Solving Sustainability Issues
The Affyn project aims to solve the sustainability issues related to Web 3 by implementing several initiatives, including an adaptive rewards model and multi-faceted token utility. The adaptive rewards model ensures a sustainable business model by shifting the play-to-earn reward distribution away from the foundation pool toward other initiatives as the user base increases. This approach helps maintain a long-term and growing game economy. The
