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Blockchain-Powered Metaverse Project Affyn Notches Multiple Victories After Exchange Listing

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Community Support Underlines Growing Momentum Of Play-To-Earn Metaverse Games

Singapore, Singapore–(Newsfile Corp. – February 23, 2022) – Affyn, the Singapore-based company, recently launched its blockchain-powered Metaverse project that offers a free-to-play, play-to-earn mobile game. Powered by the platform’s FYN native token and non-fungible tokens, Affyn blends the best attributes of augmented reality and geolocation to deliver an immersive gaming experience.

The FYN token offers value both in the virtual and real worlds, thus creating a closed-loop economy. Within the game, the FYN token helps players purchase and lease properties, buy, sell, and trade NFTs, and participate in in-game events. At the same time, the FYN token can pay for retail and lifestyle products along with travel in the real world.

Due to its extended utility, the FYN token, which made its exchange listing debut just two weeks ago, has become the fourth most visited and third most searched token.

What sets Affyn apart from the majority of the existing metaverse games is that the in-game characters, known as “buddies,” are transferable to other games of different genres. Players exert full ownership over the character within Affyn’s “NEXUS” metaverse and in other gaming metaverses. Additionally, the FYN tokens that players earn in the game can also be used in the real-world – something that the majority of the existing projects don’t offer.

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Lucaz Lee, Founder and CEO of Affyn, notes, “It is very heartwarming to be recognized by the community, and we absolutely appreciate their role promoting our project to wider communities. We have worked hard to build a sustainable game economy designed to remain rewarding for both existing and new players forever. Moreover, we really think that everyone can find value in our FYN tokens, whether by playing our game or exploring its use in the real world to pay for any number of new activities. Ultimately, all this progress is the byproduct of the efforts of our community and team, which we can’t overstate enough.”

About Affyn

Affyn is a blockchain-powered Metaverse project that features a free-to-play, play-to-earn mobile game with integrated AR and geolocation capabilities. This unique blend of technologies enables the platform to offer players an immersive gaming experience where the virtual and real worlds converge. The platform’s native FYN token also offers real-world utility, allowing players to convert it to fiat currency and pay for a wide range of products and services.

Press Contact
Tammie Chew
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114567

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Anjuna Fuels Secure AI Innovation in the Digital Payments Industry

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Asset Token Ventures Launches MBSTokenTM Funds to Unlock Mortgage-Backed Securities on the Blockchain

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Asset Token Ventures (ATV), a leader in bridging real-world assets with blockchain, has launched MBSTokenTM, a groundbreaking solution that brings liquidity, transparency, and efficiency to the $11 trillion mortgage-backed securities (MBS) market. Designed for institutional accredited investors and qualified purchasers, MBSTokenTM offers onchain exposure to high-quality MBS assets, traditionally restricted to major financial institutions.

At the core of this initiative are two parallel funds: MBSToken ITM (for non-U.S. investors) and MBSToken IITM (for U.S. investors). By leveraging blockchain technology, ATV aims to democratize access to institutional-grade MBS-backed assets and modernize the fixed-income investment landscape.

“The fixed-income market, particularly MBS, is ripe for innovation,” said David Robnett, Co-Founder and Managing Director of ATV. “We are bringing institutional-grade MBS investments onchain, unlocking liquidity, improving transparency, and offering investors a seamless way to gain exposure to one of the most important financial markets.”

MBSTokenTM: A New Era for Fixed-Income Investment

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MBSTokenTM is designed to deliver key advantages that address long-standing inefficiencies in the mortgage-backed securities market:

  • High-Quality Backing: MBSTokens are collateralized by pools of mortgage-backed securities, many of which are guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac, and Ginnie Mae.

  • Tax Efficiency: ATV’s USVI-based funds qualify for a 90% income tax exemption that provides a higher overall yield and may allow investors to defer taxable appreciation until token redemption.

  • Blockchain Transparency: Transactions are recorded on an immutable ledger, providing real-time insight into asset performance and portfolio composition.

  • Enhanced Security: MBS holdings are structured into bankruptcy remote, stand-alone funds, providing an added layer of investor protection.

  • Global Access and Liquidity: MBSTokenTM allows institutional accredited investors and qualified purchasers worldwide to participate in the U.S. mortgage-backed securities market with seamless 24/7 access and liquidity.

Institutional and Investor Participation

MBSToken’s launch underscores growing institutional interest in tokenized real-world assets. ATV has already attracted significant attention from family offices, sovereign wealth funds, and institutional investors looking to diversify their portfolios with secure, yield-generating assets.

“Fixed-income markets are undergoing a digital transformation,” commented John Matheson, Co-Founder and Managing Director of ATV. “By leveraging blockchain technology, we are making MBS investments more accessible, more efficient, and ultimately more valuable for global investors.”

Investors interested in participating can submit their applications and complete KYC/AML verification at atvfund.io.

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The Broader Impact of Tokenization in Fixed-Income Markets

The $11 trillion U.S. mortgage-backed securities market plays a critical role in global finance, but historically, its complexity and inaccessibility have limited participation. MBSTokenTM marks a significant step toward digitizing fixed-income markets, offering a bridge between traditional financial structures and the efficiencies of blockchain technology.

The launch of MBSTokenTM aligns with a broader industry trend as major financial institutions increasingly explore tokenization as a means to unlock liquidity, reduce costs, and improve market efficiency. ATV’s innovative approach positions MBSTokenTM as a leader in the evolution of blockchain-powered fixed-income investments.

Paul Talbert, Co-Founder and Managing Director of ATV, said, “We believe tokenization will redefine how capital is deployed in traditional markets. MBSTokenTM is the first step toward a more inclusive and efficient financial ecosystem, one that integrates the best of institutional finance with blockchain’s transformative potential.”

The post Asset Token Ventures Launches MBSTokenTM Funds to Unlock Mortgage-Backed Securities on the Blockchain appeared first on News, Events, Advertising Options.

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DBS Group Digital Transformation Strategy Analysis Report 2025: Technology Initiatives, Accelerators, Incubators, and Programs

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