Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Syn City and our guest was . The AMA took place on the 22nd of January
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Jonah 🏅🎹 | Satoshi Club
Hello Satoshiclubbers Welcome to Another AMA session
Pavel P
Welcome back, Satoshi Club!
Jonah 🏅🎹 | Satoshi Club
Our Guest from Syn City is @roylxy
Pavel P
Let’s meet our next guest for today – Syn City!
@roylxy, Welcome to our community!
Some minutes of patience before our guest joins us
Roy Liu
Hey team! Hows it going?
Really excited to be here
Pavel P
We are excited to host you here today!
Pavel P
How are you?
Jonah 🏅🎹 | Satoshi Club
Welcome to satoshi club
Roy Liu
Doing very well, thanks! Crazy weekend so far .Charts looking insane
Roy Liu
Thanks
Pavel P
That’s truth! But, I hope it will NOT stop us from having a great AMA session today!
Let’s start!
Jonah 🏅🎹 | Satoshi Club
Let’s start with an introduction, Can you please introduce yourself to us, how you got into crypto and how Syn City started?
Roy Liu
Sure, happy to do so.
Im Roy Liu (Co-founder) of SYN CIty. I was the former head of business and marketing of TRON for the last 4 years.
Early member of PopCap Game back in 2006, focused on the product of several award-winning game titles like Plants VS Zombies, Bejeweled, etc. PopCap later sold to EA for $1.3B in 2011.
In 2012, joined Chartboost, the biggest mobile game advertising platform at the time. Chartboost later sold to Zynga for $250M.
Jonah 🏅🎹 | Satoshi Club
Wow.. you have a great background and Experience .. can you now tell us what Syn city is all about? What probate you trying to solve?
Roy Liu
Thanks!
Roy Liu
SYN CITY is the first-ever Mafia Metaverse. It is a Free-to-play-and-Earn ecosystem. Here you fight, loot, build and lead. Here you join a syndicate and run businesses, tax your underlings and pay tribute to your bosses through blockchain-backed assets.
SYN CITY is building a mafia metaverse with the following features:
– Free to play & earn: anyone can come and engage, no ownership of NFT needed
– Multiple revenue streams: users would have multiple revenue streams by engaging from grinding through events, re-allocating assets to generate returns, and lead your syndicate to earn like a mob through the MaaD system
– Focus on the mafia vertical, making it easy for people to click and engage and easy to form a consensus.
Combot
Alert! PT is a known spammer and is CAS banned (https://cas.chat/query?u=2104182816). Ban is strongly recommended.
Pavel P
Amazing graphics!
Jonah 🏅🎹 | Satoshi Club
This is very exciting
Jonah 🏅🎹 | Satoshi Club
The looks Awesome
Thank you for the introduction..
We will like to proceed to community questions are you ready for them?
Roy Liu
sure
Pavel P
Q1 from Telegram user @iceVermithraxx
You recently launched the SYN CITY IDO on Polkastarter, Seedify, Trustpad and Blokpad, unfortunately I missed all your IDO events, but I would like to know how successful your IDOs went? What was the price of the $SYNR token during these IDOs? I also saw you are currently carrying out $SYNR Token Launch Auction on Copper, can you share more information on the $SYNR token launch auction on Copper? when I tried to join $SYNR Token Launch Auction on Copper, I received a warning that participating in a Token Launch auction through Copper is a high risk endeavor and value of tokens received for the auction might go back to 0, can you explain on the deflationary mechanisms of the $SYNR token, to help ensure that the price of the tokens doesn’t go to zero? With this being explain, how can I join the $SYNR Token launch auction on copper? Thank you.
Roy Liu
Great question. We recently had 4 very successful IDOs. We were going to conduct just 1 IDO but due to extremely high demand, we had 4 amazing IDO partners. They were all sold out and extremely oversubscribed. Thanks to the support from our community of #Synners
Currently, our Copper Launch Auction is live.
SYN City Copper auction link: https://t.co/Akbcn6A8bh
The auction is live now. It is a 3 days auction and ends on the 24th Jan; 3 PM PST / 11 PM UTC. Sharing a guide on how to participate in the Copper Launch auction below:
https://medium.com/@syncityhq/the-how-to-guide-for-syn-city-token-launch-auction-7d193c7bffce
Roy Liu
This guide is a walkthrough of how Copper Launch works. Even in the current market climate, our auction is doing reall well with a great turnout so far in less than a day
Pavel P
Satoshiclubbers, that’s a hint for you! Don’t miss the Copper Auction that is still LIVE
Jonah 🏅🎹 | Satoshi Club
Thank you for sharing relevant links
Can you share with us the Tokenomics of $SYNR?
Roy Liu
Sure, will share about the utilities and the link to the tokenomics breakdown below
$SYNR is the governance token for the metaverse and core of the Mafia-as-a-DAO system.
$SYNR is also utilized by staking to earn $sSYNR (synthetic SYNR) which is used to purchase in-game assets on the marketplace with a discount
Stake $SYNR to generate $sPOWER and delegate that to the syndicate leader.
Stake $SYNR to earn an additional yield
Stake $SYNR to boost your in-game characters to help take over the world
https://syncity.gitbook.io/syncity/usdsynr/utility
For further breakdown, pls view the whitepaper shared above
Jonah 🏅🎹 | Satoshi Club
Thank you for your answers
Jonah 🏅🎹 | Satoshi Club
Ready for the next question?
Roy Liu
yes, lets do it
Pavel P
Q2 From Telegram User @Rozielyna
I understand that The Syndicate Protocol is the foundational layer for your ever-expanding metaverse and This protocol is the layer 3 for everything mafia metaverse, and a framework that acts as the canvas for numerous products, Syndicate Protocol will be open to all community developers to add more modules to the users. Can You tell us More about the different products of the syndicate protocol? How can users access this Products? Do users earn from using this product? Lastly are there requirements needed for users to access this products ?
Roy Liu
Great question!
Everyone can be a part of, and thrive within the metaverse by bringing the free to play into play to earn.
It’s not fair to ask people to pay $1000 hard-earned money before they can play or earn from the game. SYN CITY is building a mafia metaverse with the following features: Free to play and earn: anyone can come and engage, no ownership of NFT needed.
We want to remove the barriers to entry and have a wider community in the #MafiaMetaverse
Roy Liu
This is not just a game. Each game has a life cycle. A simple question to ask, are you still playing Angry Bird? Or does anyone still hold Rovio’s stock?
SYN CITY is more than a game, it’s a platform, it’s a LAYER 3, i.e. a mafia-structure for the assets generated and utilized within the mafia metaverse.
There will be ongoing new Play & Earn modules to be generated for this ecosystem, e.g. first-person shooter games, strategy games, farming games, or even MMO games all coming and being derived directly from the assets generated and the existing infrastructure that is built.
It a whole ecosystem with one of the biggest Discord community in the industry — we are now 220,000 Discord members in just 6 weeks of being live!
Pavel P
220K members? That’s huge!
Jonah 🏅🎹 | Satoshi Club
Will the community be direct participants Deciding on what modules can be added?
Roy Liu
And super active too! Discord is amazingly fun! Join us
Roy Liu
Yes, there will be involvement by the #MaaD system – Mafia as a DAO which is our new layer og the governance system
Jonah 🏅🎹 | Satoshi Club
We will get to talk about this as we progress
Pavel P
We still have a question about DAO. So, let’s not reveal all the details of it right now!
Jonah 🏅🎹 | Satoshi Club
Thank you for your Answers
Roy Liu
sounds good!
Jonah 🏅🎹 | Satoshi Club
Ready for the next question?
Pavel P
Q3 from Telegram user @Sunny_steel
What attracted my attention is the fact that Syn City is more than a game, it’s a platform, it’s a Layer 3, i.e. a mafia infrastructure for the assets generated and utilized within the mafia metaverse. You say there will be ongoing new Play & Earn modules to be generated for this ecosystem, e.g. first-person shooter games, strategy games, farming games, or even MMO games all coming and being derived directly from the assets generated and the existing infrastructure that is built. Could you tell us about the games you are planning to add? Are they all based on the same theme – mafia battles? Do you also plan to invite some external game production studios to join Syn City Metaverse? What is set in your roadmap as the launch of other games? Thank you!
Roy Liu
We are the #MafiaMetaverse but we are already working with leading games both in the traditional and crypto space. I cannot reveal the upcoming game details and but will be able to do that really soon. Recently we had a great AMA with Kieran, Co-founder of Illuvium. They are one of our partners and we have been having heavy discussions about the near future and cross-game utilities of in-game assets
Jonah 🏅🎹 | Satoshi Club
What notable partnerships do you have at the moment?
Roy Liu
Oh thats an extremely long list and we are extremely proud to be working with the best of the best! I’ll share about some of our partners and backers but I highly recommend you view our website for our to know more about the amazing partners we are working with:
Justin Kan (Co-founder of Twitch)
Do Kwon (Co-founder of Terra)
Dawn Ostroff (Spotify CCO)
Alex Pack (Co-founder of DragonFly)
Luke Wagman (Co-founder of Coinmarketcap)
Jordan Momtazi (Co-founder of Synthetix)
Kieran Warwick (Co-founder of Illuvium)
Elliot Wainman (Co-founder of ElliotTrade & Superfarm)
Alex Becker (Co-founder of Neo Tokyo)
Santiago R Santos (Ex-Partner of Parafi Capital)
Paul Menchov (Co-founder of Coinlist and Republic)
Loud.gg (Most tweeted Esports Team)
Overwolf (Biggest gaming guild in the world, 20m gamers, 15b yearly downloads, 90k creators)
Also by leading VCs & ecosystem partners like Animoca Brands, Spartan Group, HOF, iAngels, Merit Circle, YGG, GuildFi, UniX Gaming & many more.
Jonah 🏅🎹 | Satoshi Club
Wow this is very impressive
Jonah 🏅🎹 | Satoshi Club
Thank you for your answers
Jonah 🏅🎹 | Satoshi Club
Can we proceed to the next question now?
Roy Liu
sure
Pavel P
Q4 from Telegram user @Danniblaiz
You made mention on your whitepaper how important is the Free To Play and Earn that is incorporated into SYN City. It’s not fair to ask people to pay $1000 hard-earned money before they can play or earn from the game. This is really amazing. And would enable alot of users to join in and be gamers on SYN City. Everyone is different, and In SYN CITY, there are a variety of ways for our #synners to earn. Instead of selling directly into the public markets, users can reallocate the hard-earned assets into the metaverse ecosystem, through various tools and products like TURF and LICENSE to generate additional revenue. What exactly is this products? And how can Gamers and non Gamers benefit from this as well?
Roy Liu
It’s important to talk about revenue streams when talking about PLAY & EARN. Everyone is different, and In SYN CITY, there are a variety of ways for our #synners to earn.
GRINDER
Users can participate through Daily Events, PvE tasks, PvP tasks, Recurring Events, Leaderboard Events, Syndicate Events so as to earn the rewards.
CAPITALIST
Instead of selling directly into the public markets, users can reallocate the hard-earned assets into the metaverse ecosystem, through various tools and products like Turf and License to generate additional revenue.
HODLER
Users can hodl and stake the assets for the additional yield, in-game boosts, and privileges.
GOVERNANCE
Users can stake $SYNR token to participate in the metaverse governance committee.
Roy Liu
You can participate in SYN CITY and have a lot to do along with the game that we have built
Jonah 🏅🎹 | Satoshi Club
This are great and amazing opportunities for user to earn
Pavel P
On which devices can users access Syn City?
Jonah 🏅🎹 | Satoshi Club
Talking about being a Grinder what are some of the Daily events, recurring events or tasks users can participate in?
Roy Liu
PC, Mac, and mobile (android + iOS)
Roy Liu
these are special earning events that are provided by your Syndicates
Roy Liu
Its pays to join the Mafia
Jonah 🏅🎹 | Satoshi Club
Awesome
Jonah 🏅🎹 | Satoshi Club
Thank you for your answer
Pavel P
That’s the driving power – have fun and earn! What can be better?
Jonah 🏅🎹 | Satoshi Club
Let’s proceed to the next question
Pavel P
Q5 From Telegram user @Highpee
Your DAO mechanism looks unique and interesting. You are going to implement a MAFIA-as-a-DAO system which will comprise of various syndicate but only the top 7 syndicates with the most $sPOWER will be allowed to enter into the committee to manage governance and operation event in Syn City. Can you explain more about how syndicates are run and how they acquire $sPOWER which are used to have access to DAO? Why is the governance Committee limited only to top 7 syndicates rather than opening it up to various rank of players? How do they make and ratify decisions and how will you ensure that such decisions reflect the overall interest of majority of players?
Roy Liu
One of my favorite part of the game!
In the #MaaD section, you can be the leader you have always wanted to be by creating, taking charge, and leading a group of degenerate syndicate members. Commit crime, layout strategies, expand your crews, and collect tax. There can be multiple syndicates in the game but only the 7 top syndicates will comprise the Committee:
Players stake $SYN to generate $sPOWER and delegate that to the syndicate leaders
Only the top 7 leaders with the most $sPOWER will be allowed to join the Committee to manage the governance committee
Syndicate leaders could offer benefits in assets, special events, and many others to the members of their syndicates for recruitment, engagement, and loyalty
Syndicate leaders can tax their members for the benefits offered. SYN CITY platform charges a tax to the syndicates, part of which goes to the treasury and the rest goes to the overall community as Universal Basic Income (UBI)
The top 7 syndicates on the Committee overlook the metaverse and help to shape Syn City and the Syndicate Protocol. Each syndicate has an uncapped amount of crew members and they can create develop strategies to attract more syndicate members.
We already had 130 syndicates (gangs) on our Discord server and many big ones formed alliances. The game is already very active even before we released our product! It is an amazing space — you should definitely join Discord to know more
Jonah 🏅🎹 | Satoshi Club
This is a detailed answer .. but why did you decide to select only 7 and not more than that?
Pavel P
How the game is protected in case the decisions made by Syndicate leaders are not fair?
Roy Liu
We will start with 7 and scale out as the ecosystem grows. We knew the community would grow fast, but honestly it was much faster than we anticipated!
Jonah 🏅🎹 | Satoshi Club
This shows the level of interest your project has been able to gather
Roy Liu
The 7 members of the high table can vote out the “bad apple” and the syndicates can vote to revoke the leadership if needed
Pavel P
Thank you! Let’s move to the last question of part 1
Pavel P
Q6 from Telegram User @MudaraSilva
I am curious to know more information on your “TOP SYNNERS” contest. When you rank users according to their $SYNR holdings, do you consider the period of time they are holding tokens? For example, if someone has purchased the same amount of tokens before me, does he get the priority? How many winners will be selected and what will be the prizes? Currently, almost all platforms try to implement anti-whale policies. Don’t you think that this event will encourage whales? If holders sell their tokens after the snapshot, there will be a huge sell-off situation. What are your plans to manage it?
Roy Liu
there are lock-up duratons with dynamic pools to ensure there is ample liquidity. The Syndicates can join forces and be equally, if not more powerful than “whale” entities. This is the power of syndicates in the #MafiaMetaverse. Our current syndicates are gearing up with their own sub-DAOs and treasuries
Roy Liu
We are leveling the playing field
Pavel P
Thank you for your answers!
Jonah 🏅🎹 | Satoshi Club
Thank you Roy for your Answers
Pavel P
We will open a chat now for LIVE questions
Pavel P
Chat will be opened for 60 sec ONLY
Pavel P
@jonahapagu, please open a chat!
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Thisistoyin
WHEN PEOPLE HEAR (MAFIA) ALL THEY THINK OF IS VIOLENCE.. SO, IS YOUR GAME BASED ON VIOLENCE ALONE?? And On your site, it was stated that there are some specific In-game assets which are The FIRST EVER MAFIA CHARACTERS, which would be only available for Owners Of Blueprint. Please, i would like to know what could be the Main Use of this Blueprint apart from using them in getting these FIRST EVER MAFIA CHARACTERS?
Roy Liu
Mafia in the current date is not necessarily a negative perception. We have the Paypal Mafia here in the Silicon Valley, we have the Google Mafia, the Netflix Mafia and many more. It is cool to be the Mafia in the tech world
The core gameplay is Mafia-themed but there is a lot revolving around besides just core gameplay
Q2 from Telegram user @slla1112
I was very impressed with the graphics of the SYN CITY game, did an artist create these images and graphics or do you work with a graphics company? Will we see wearable VR and AR technology for SYN CITY, can we play the game in 4D now?
Roy Liu
The game is developed by our team of industry experts from Disney, Ubisoft, Roblox, EA, Gameloft, Google, Yahoo, and Twitter.
Q3 from Telegram user @hansoyeon
Can you talk about how scalable SYN CITY’s metaverse world is? Are there different properties and areas that SYN CITY can work with and migrate to in the traditional sense?
Roy Liu
We are not just a game. Games have a lifespan and we a creating the core fundementals to ensure scalability
Q4 from Telegram user @Tahsinahmett
Why did SYN CITY choose the mafia theme and apply the mafia theme in the metaverse? Did you choose SYN CITY because of the SYN CITY team’s interest in the mafia world? Could you explain what the term mafia means these days, especially for SYN CITY?
Roy Liu
No, we do not have interest in the real mafia Mafia is an ever-green theme which spans across multiple generations. Its a theme can most can connect with
Q5 from Telegram user @Murthy_Rajpaksha
With in “Syndicate metaverse”,
How can developer use Syndicate protocol to develop business module ?
Can you please explain it?
Roy Liu
This will be explained as we role out our module in the coming months
Q6 from Telegram user @Phunsuk9999
As We know that Many Non-English Gamers are also in the Crypto Space , So How You have planned to Attract them , Have You build Any Local Community also Apart from English Speaking Community ?
Roy Liu
We have global partnerships and are focusing on multiple regions. Our Discord server has multiple native language channels that you can join
Q7 from Telegram user @Nairabox
Where and how can I buy $SYNR tokens currently?
Roy Liu
SYN City Copper auction link: http://bit.ly/3Kujw3k (https://t.co/Akbcn6A8bh)
The auction is live now. It is a 3 days auction and ends on the 24th Jan; 3 PM PST / 11 PM UTC. Sharing a guide on how to participate in the Copper Launch auction below:
https://medium.com/@syncityhq/the-how-to-guide-for-syn-city-token-launch-auction-7d193c7bffce
Q8 from Telegram user @Silica432
I Read that SYN CITY ANNOUNCES ITS PARTNERSHIP WITH SIDUS HEROES , May You please talk More about the SIDUS HEROES Partnership and What this Colloboration is Necessary For the Platform ?
Roy Liu
More TBA soon
Q9 from Telegram user @mercy_global
I read that SYN City has partnered with Web2 & Web3 industry leaders,
Can you please name them or give us a background about them?
Roy Liu
Justin Kan (Co-founder of Twitch)
Do Kwon (Co-founder of Terra)
Dawn Ostroff (Spotify CCO)
Alex Pack (Co-founder of DragonFly)
Luke Wagman (Co-founder of Coinmarketcap)
Jordan Momtazi (Co-founder of Synthetix)
Kieran Warwick (Co-founder of Illuvium)
Elliot Wainman (Co-founder of ElliotTrade & Superfarm)
Alex Becker (Co-founder of Neo Tokyo)
Santiago R Santos (Ex-Partner of Parafi Capital)
Paul Menchov (Co-founder of Coinlist and Republic)
Loud.gg (Most tweeted Esports Team)
Overwolf (Biggest gaming guild in the world, 20m gamers, 15b yearly downloads, 90k creators)
Q10 from Telegram user @vedamatrix
Do you have any strategic partnerships with other defi projects that you can tell us about?
Roy Liu
We have over 30 partnership pre-launch! Highly recommend you join our Discord to know more
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
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Our partners:
Telegram –https://t.me/SynCityHQ
Twitter-https://twitter.com/SynCityHQ
WebSite – https://syn.city/
Medium- https://medium.com/@syncityhq/the-how-to-guide-for-syn-city-token-launch-auction-7d193c7bffce