Singapore Startup Affyn Raised More Than US$7 Million, Presale to Start in December 2021 – Press release Bitcoin News


  • Affyn’s private round was oversubscribed within a week of its website unveiling, resulting in the opening of a new strategic round that once again became oversubscribed, ahead of its presale in December 2021.
  • Backed by more than 50 venture capitalists, institutional investors and partners, signaling high confidence and strong demand for Affyn’s Play-to-Earn Metaverse.
  • In preparation for the public launch, the much-anticipated presale round will begin in December 2021. You can now register for whitelisting on the website

SINGAPORE, Dec. 21, 2021 – Singapore startup Affyn, a blockchain-powered Metaverse project, is developing a Free-to-Play and Play-to-Earn mobile game with integrated geolocation and augmented reality (AR) capability.

The Future of Free-to Play and Pay-to-Play

As a metaverse-based project with geolocation capability and AR mechanics, Affyn incorporates the fun concept where every in-game character, which they call “Buddy”, is a non-fungible token (NFT). NFT simply means the friend you own and not the game designers. This disruption disrupts traditional gaming, which sees players spending thousands of dollars on currency or in-game objects they do not own.

The creation of a closed-loop economy

Similar to how every game has its own set of currency, Affyn’s currency is also known as FYN tokens. The utility of FYN tokens is aimed to be highly versatile – apart from the usual in-game transactions, it is in progress to adopt real world utility. By creating this integrated ecosystem whereby players can earn the tokens virtually, and being able to utilise them in the real world, a closed-loop economy is formed – driving the value of FYN tokens.

A Sustainable Game Economy

Affyn was one of the first to introduce the mobile Play to Earn model. It is a way for players to get more value out of their ecosystem than traditional gaming platforms. It took more than a full year for the team to design a comprehensive blueprint to build a sustainable gaming economy.

These rewards will remain appealing to both existing and potential players over the long term.

Lucaz Lee, Founder and Chief Executive Officer, who fronts the fundraising, on why he started this project: “Our idea of a Metaverse is a world where people can meet, play and connect not just virtually, but also in real life. By using blockchain technology as a bridge, Affyn aims to drive a global movement where we can play, earn, and have more fun together at the same time.”

Token Pre-launch & Project Public Sale

Register at to be added to the whitelisting. This is in preparation for Affyn’s public launch in early 2022. Pre-sales will start in December 2021.

Learn more about Affyn

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