Singapore, Singapore–(Vehement Media. – January 31, 2022) – Affyn, a Singapore-based Play-to-Earn Metaverse, hits a market valuation of more than US$1 billion after its recent public listing. It reaches the record valuation with a successful Presale and Launchpad round, as well as oversubscribed Private and Strategic rounds.


Affyn is a blockchain-powered Metaverse project with a Free-to-Play, Play-to-Earn mobile game that integrates the best of both the virtual world and the real world. Utilising geolocation technology, augmented reality (“AR”) mechanics and blockchain technology such as non-fungible tokens (“NFT”), Affyn aims to create an ecosystem that is fun and practical, both virtually and in real life.


Play-to-Earn games provide opportunities for players to earn rewards or collectibles by playing the game. The ability to earn while playing your favourite game is made possible through blockchain technology. This new concept of gaming started booming during the COVID-19 pandemic and the Play-to-Earn industry saw an increase of approximately US$2 billion revenue in the third quarter of 2021.

Affyn will develop a Metaverse called “NEXUS” in which users can explore, play and participate in activities based on their geolocation. NEXUS will be built based on a digital layer that is mapped to the real world. Players in the NEXUS Metaverse can also capture and train “Buddies”, a collection of NFT characters in the game, to participate in quests, player-versus-player battles and raids.

Building a Sustainable Game Economy

The Affyn team spent over a year to develop a closed-loop ecosystem that places sustainability at the forefront of its game economy. In contrast to many other projects in the Play-to-Earn category, Affyn places heavy emphasis on envisioning an ecosystem with a broader long term view in mind. Creating a system with multiple revenue streams that includes an advertising revenue model and business-to-business collaboration, Affyn is positioning themselves as one of the pioneers of building a mobile Play-to-Earn model that is sustainable.

NFT Ownership in Affyn

Every Buddy in the game is an NFT on the blockchain. This means that the Buddy you own will be yours to keep. On top of owning your Buddies, you can train and play with them interactively. In the future, Buddies can be transferred to other games and may retain similar attributes.

The company now plans to expand its team strength and hire across game development and engineering functions to aid with their project development. A trailer video for the NEXUS Metaverse is set to be released in February.


About Affyn

Affyn is a Singapore-based company building a blockchain-powered Metaverse project with a Free-to-Play, Play-to-Earn mobile game with integrated geolocation where the virtual and real world converge. Making use of geolocation technology and AR mechanics, Affyn incorporates the fun element of gaming with blockchain technology such as the utility of NFTs.

For more information please contact Affyn Press office:

Tammie Chew

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