Former Tron Exec Launches Play-to-Earn ‘Mafia’ Recreation With Twitch Co-Founder’s Backing


“Syn City”, a mafia game to earn money founded by TRON’s former business manager Roy Liu, announced on Monday a round of funding amounting to 8 million US dollars.

The round was led by Twitch co-founders Justin Kan and Goat Capital, with additional support from A&T Capital, Hack VC, Animoca Brands and Spartan Group.

The game joins the growing list of free-to-play titles entering the play-to-earn arena, prioritizing accessibility as Web 3 games drive mainstream adoption.

Syn City will center its planned “Mafia Metaverse” around a plethora of blockchain-based integrations, including a governance system, DeFi staking and its own non-fungible token (NFT) marketplace.

The game’s system of governance, known as Mafia-as-a-DAO or MaaD, provides players with an incentive to form “Mafia Syndicates” by playing in groups that can compete against each other and take part in tournaments.

The game’s development team consists of veterans from Disney, Ubisoft, Roblox, EA and Gameloft, according to a press release.

“We think the Metaverse Syn City is building is super exciting,” said Robin Chan, general partner of Goat Capital, in a press release. “When I was GM of Asia at Zynga, we saw the global phenomenon of Mafia wars that affected the entire generation. Syn City is here to lead the paradigm shift of the Mafia metaverse. “

Angel investors such as Do Kwon from Terra and Paul Menchov from CoinList also took part in the financing round.

You might also like

Leave A Reply

Your email address will not be published.