Overwolf Invests in SYN CITY Mafia Metaverse to Pioneer User Generated Content in P2E Games -Breaking
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Overwolf, the all-in-one platform that enables creators to build, distribute, and monetize in-game apps and mods, today announced an investment in SYN CITY, the first-of-its-kind “mafia metaverse” game built for the blockchain. Overwolf and SYN CITY have agreed to explore the possibility of creating, sharing and monetizing in-game content.
Overwolf joins a growing list of investors who see merit in SYN CITY’s Mafia Metaverse. Twitch, Project Galaxy and Animoca Brands all invested in this project. Huobi Ventures was also involved.
SYN CITY has also made an investment to integrate with Overwolf, which will allow creators of in-game content to be monetized in the near future. SYN CITY feels that communities-created games are becoming an increasingly important part of gaming.
“Successful social platforms and metaverse projects must let creators generate content for friends, clients, and other ecosystem participants. With a heavy focus on social media, metaverse gaming has continued to grow and evolve. Producers and authors of NFTs generated by users can create their own experiences that the community can 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,” commented Roy Liu, Co-founder of Syn City.
“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. It is a pleasure to work with such seasoned 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,” commented Shahar Sorek, Overwolf CMO.
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