Syn City

Syn City

Metaverse bridging the gap between real-world NFT utilities & decentralized finance. Learn more

Launch date
Market cap
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Enterprise valuation
AUD49—74m (Dealroom.co estimates Jan 2022.)
United States (HQ)
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DateInvestorsAmountRound
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N/A

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$8.0m

Early VC
Total FundingAUD12.4m

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Syn.City is a blockchain-based metaverse game that integrates staking, governance, and a marketplace for digital assets. The company operates in the rapidly growing blockchain gaming market, targeting gamers and crypto enthusiasts who seek immersive virtual experiences and opportunities to earn through gameplay. Syn.City's business model revolves around the sale of in-game assets, transaction fees within its marketplace, and staking rewards. The platform allows users to participate in governance decisions, enhancing community engagement and ensuring a decentralized approach to game development. By leveraging blockchain technology, Syn.City provides a secure and transparent environment for users to trade, stake, and govern digital assets. The company generates revenue through the sale of NFTs (non-fungible tokens), transaction fees, and staking mechanisms. Syn.City's strategic partnerships with prominent investors and industry leaders, such as Goat Capital, Synthetix, and CoinMarketCap, bolster its market position and credibility. The platform's unique combination of gaming and blockchain technology positions it as a pioneer in the metaverse space, offering users a novel and rewarding gaming experience.

Keywords: blockchain, metaverse, staking, governance, marketplace, digital assets, NFTs, gaming, decentralized, crypto.