Invezz

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

  • SYN CITY and Overwolf will explore sharing, creation, and monetization of in-game items
  • Animoca Brands, Huobi Ventures, Twitch, Project Galaxy invested $8 million+ in SYN CITY
  • Community-created experiences will be crucial in the P2E ecosystem, where gamers hold a stake in the game

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

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:

Shahar Sorek, Overwolf CMO, added: