The blockchain gaming space is expanding in all directions, particularly in the second half of 2021. In 2018, I could scarcely track down enough interesting news, but in 2021, it’s scrolling down my screen like The Matrix.
There have been a number of subtle changes in blockchain gaming this year, but one has stood out from the rest and it’s crucial. That is, the caliber of people and companies either working on projects or investing in them. Three years ago, it was rare to see names you recognize; in 2021, there are projects with pages full of big players. One such project is Syn City.
What Is Syn City?
A lot of the fundamentals of Syn City are kept secret presently, which is partly why the game isn’t featuring in our Blockchain Gaming Watch series yet. However, I have ferreted around the internet and gathered what we know so far. Before I summarize that, I want to draw some attention to both the team behind Syn City and its investors.
Team and Investors
Firstly, the team behind this project is a smorgasbord of experience and talent. The two co-founders, Roy Liu and Mihai Pohontu, have high caliber experience at the likes of TRON, EA, and Disney. In fact, many of the major roles working on Syn City have worked at or with TRON Foundation in some capacity — a major player in the crypto space since 2017.
As for investors, you could reasonably argue that anybody could invest any amount and it doesn’t necessarily improve the chances of the game’s success, but nevertheless, there are some familiar names. In the crypto space, there is Kieran Warwick, co-founder of Illuvium, Paul Menchov, co-founder of CoinList, and Luke Wagman, co-founder of CoinMarkertCap. There are also many other familiar names like Alex Becker and Do Kwon.
Outside of crypto, there is AT&T Capital, Spartan Group, Justin Kan, co-founder of Twitch, and even the likes of YouTuber, KSI. It really is quite the backing they have acquired, in both financial standing and clout.
- Free to Play
- Play to Earn
- Will have its own token (TBA)
- Internal DAOs (MaaD) acting as crime syndicates
- Will have DeFi staking
- Release date TBC
There isn’t enough on the table currently to make an informed decision about Syn City, but there are a number of aspects that excite me. On the surface, it has a strong team behind it who have a history of success. However, what interests me is the early shape of the fundamentals of the game. Syn City could be a seminal moment in gaming with novel utilization of blockchain technology in the form of Mafia-as-a-DAO (MaaD), which is a frankly brilliant idea. Mark our words, this is one to watch.