What is the SYN CITY project? Basic information about SYN . token

Overview of the project SYN CITY 

What is the SYN CITY project?

SYN CITY is the first Mafia Metaverse game built on blockchain. The project was developed by Roy Liu, who was previously TRON's marketing business manager, along with Mihai Pohontu, who was Samsung's vice president, senior manager of Disney (DIS).

Coming to SYN City, players will participate in fighting, looting, building and becoming a leader in the underworld. In addition, they can also join the gangster organization, run businesses, tax subordinates, befriend tycoons through assets encrypted with blockchain technology. With enough power, players can rise to the top of an organization and run its operations. 

Through daily tasks, events, battles, trades, farms... gamers not only make their characters level up, become stronger, but also can earn money from playing games thanks SYN CITY's unique Play-to-Earn feature .

What is the SYN CITY project?  Basic information about SYN . token

Highlights of the SYN CITY project

While in traditional mafia war games, assets are only valid in the game and have no real value in the outside world, assets in SYN CITY are encrypted into NFTs (Non-Fungible tokens) . ), can be traded for real money, allowing gamers to generate revenue from their playing strategies.

The concept of Play-to-Earn is no longer strange to gamers, more and more people are entering the field of money-making gaming. However, before making money, players often have to spend an amount from a few hundred to several thousand US dollars to join the game. The result of this is that users tend to sell assets after a period of play to recover their initial investments. 

The solution that SYN CITY offers is to encourage everyone to participate and develop the in-game ecosystem by free-to-play (Free-to-Play), providing the opportunity to earn profit for everyone. People. 

It creates a playground for gamers to collect, manage resources, strategize, plan attacks, raids, participate in daily quests to receive rewards in SYN tokens.

What is the SYN CITY project?  Basic information about SYN . token

Besides, SYN CITY also generates many revenue streams for players through participating in events, reallocating assets to generate profits, leading their team to make money.

Products of SYN CITY

Gameplay Overview 

Game SYN CITY is still in development, so there is not much information about Gameplay, game modes as well as other features of the game.

However, basically, players can also participate in events and do daily tasks, PVE, PVP ... like other games.

Business model in SYN CITY 

The in-game governance system is called Mafia-as-a-DAO (MaaD), a unique governance model that allows players to join organizations or create their own. 

Mafia-as-a-DAO (MaaD) consists of High Table organization leaders (supreme council) who manage the governance committee, which decides the organization of earnings events and allocation of revenue pools import. SYN CITY's revenue is generated by the MaaD system.

  • Players stake SYN to generate POWER and delegate that POWER to the leaders of the organization. SYN CITY is not limited to organizations and leaders, but only the top 7 leaders with the most POWER can join High Table to manage the governance committee.
  • Organizational leaders can provide many benefits to their organization such as: Assets, special events and many other benefits to keep members engaged and loyal, and attract more people. Join a group.
  • In return, these leaders can tax their members. 
  • SYN CITY will levy taxes on organizations, of which part goes to the community as Universal Basic Income (UBI), the rest goes to the developers. 

What is the SYN CITY project?  Basic information about SYN . token

Roadmap of the SYN CITY project

Currently, there is no official information on the project's development roadmap, investors can follow regularly updated news on TraderH4 or on media channels such as: 

Website | Discord | Telegram | Twitter | Medium

SYN CITY's development team, investors and partners

Development team

SYN CITY is developed by a group of leading experts in the field of technology and entertainment games such as: Disney, Ubisoft, Roblox, EA, Gameloft, Google, Yahoo, Twitter.

Roy Liu (Co-Founder) : Before founding SYN CITY, he was the sales and marketing director of TRON for 4 years. In 2006, he worked at PopCap Game, which produced award-winning titles such as: Plants VS Zombies, Bejeweled… PopCap was later sold to EA for $1.3 billion in 2011. In 2012 , he joined Chartboost. Chartboost later sold it to Zynga for $250 million.

Mihai Pohontu (Co-Founder) : He is a former vice president at Samsung Electronics USA. Founder and general manager of EA Romania, one of the largest game studios in Eastern Europe. He previously oversaw the operational functions of Disney's interactive entertainment portfolio and managed Electronic Arts' multidisciplinary development services organization.

What is the SYN CITY project?  Basic information about SYN . token

Investors

SYN CITY is supported by pioneer investors in the field of Web 2.0 and Web 3.0. Recently, the project raised US$8 million from famous investors in the blockchain field: Justin Kan (Co-Founder of Twitch), Do Kwon (Co-Founder of Terra), Alex Pack (Co-Founder of Terra) DragonFly), Luke Wagman (Co-Founder of CoinMarketCap), Jordan Momtazi (Co-Founder of Synthetix), Kieran Warwick (Co-Founder of Illuvium), Elliot Wainman (Co-Founder of ElliotTrade & Superfarm), Alex Becker (Co-Founder of Neo Tokyo) Identity), Santa-iago R Santos (Former Partner of Parafi Capital), Paul Menchov (Co-Founder of Coinlist and Republic), along with the participation of other investment funds such as: Animoca Brands, Spartan Group, HOF, iAngels , A&T Capital and strategic partners including Overwolf, Merit Circle , YGG,GuildFi and many other partners.

Overview of the SYN CITY (SYN) token

What is the SYN CITY (SYN) token?

SYN is the governance token of the SYN CITY project and the core cryptocurrency of the Mafia-as-a-DAO system.

SYN CITY token details:

  • Ticker: SYN
  • Blockchain Network: Ethereum (ERC20)
  • Total Supply: TraderH4 will update as soon as information from the project
  • Circulating Supply: TraderH4 will update as soon as information from the project

Functions of the SYN CITY (SYN) token

SYN is used to purchase in-game assets. Users can staking SYN to generate POWER and delegate POWER to the leader of the organization, or staking SYN to earn more profit.

Where can I buy SYN CITY (SYN) tokens?

Syn City will  open the sale of SYN tokens  in the form of IDO on the TrustPad platform on January 20, 2022 with a total of 10,000,000 SYN tokens to be sold. Each token will be sold at a price of 0.02 BUSD, equivalent to the total amount raised by the project of 200,000 BUSD..

The future of the SYN CITY project and should I invest in the SYN CITY token?

Although it is still in the early stages of development, it is possible that SYN CITY is a well-invested game project, the development team is all experts in the field of games and blockchain. 

The goal of the development team is to bring the game to everyone, bring the Free-to-Play mechanism to Play-to-Earn, it can be hoped that this will be one of the explosive games in the near future. .

summary

SYN CITY introduces unique governance system called Mafia-as-a-DAO or MaaD. Players can form their own organization to play and earn together. This is a new and unique mechanism that connects players to the game. Moreover, in order to develop the organization, players will have to find new members, helping the ecosystem to grow and expand. 



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