Overwolf invests in SYN CITY, a flagship mafia metaverse game developed for blockchain

Overwolf, an all-in-one platform making it possible for creators to develop, distribute, and monetize in-game mods and apps and mods, has made an investment in SYN CITY, the first “mafia metaverse” game in history developed for the blockchain, Invezz learned from a press release.

Project to probe into user-generated content potential

SYN CITY and Overwolf will explore new user-generated content (UGC) possibilities in the metaverse, such as sharing, creation, and monetization of in-game items.

SYN CITY raised $8M+ in investments

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Overwolf is one of many investors who see potential in SYN CITY’s unique Mafia Metaverse. Among the notable investors, who helped the project raise more than $8 million, are Animoca Brands, Huobi Ventures, Twitch, Project Galaxy, and other prominent firms.

Enabling in-game creators to monetize works

SYN CITY is also exploring an integration with Overwolf to make it possible for in-game creators to monetize their creations moving forward. Gaming is coming to revolve around community-created experiences and the innovative metaverse project finds that this will be crucial in the P2E ecosystem, where gamers already hold a stake in the game. 

Roy Liu, Cofounder of Syn City, commented:

Successful social platforms and metaverse projects must let creators generate content for friends, clients, and other ecosystem participants. As a result, metaverse gaming continues to gain momentum and evolve, with a strong focus on social networking. As a result, producers and creators of user-generated NFTs and content can forge their own experiences for the entire community to benefit from. We are thrilled to explore what UGC could look like in-game with Overwolf, the creators of the leading UGC as a service platform.

Shahar Sorek, Overwolf CMO, added:

Overwolf believes the future of games is in user-generated content (UGC) and part of that future lies with enabling creators to build services with and around NFTs. We are excited to invest in such an experienced team of game developers. SYN CITY’s commitment to UGC both in-game and on-chain by introducing a unique in-game governance feature called Mafia-as-a-DAO (MaaD) is a very exciting development in the P2E space.