$SYNR- Become a MAFIA in the Metaverse

Mohnish Isaac Kariappa
Coinmonks
6 min readMay 8, 2022

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#CoinDCXpathbreaker

Project Name: MobLand

Project description picked up from the whitepaper:

LAYER 3: THE MAFIA INFRASTRUCTURE: THIS IS NOT JUST A GAME. Each game has a life cycle. Are you still playing Angry Bird? Does anyone still hold Rovio’s stock?

MOBLAND 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. 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.”

Network Address to access project

  • Ethereum Network (ERC20) 0xbc6e06778708177a18210181b073da747c88490a

Project Unique Selling Points:

  • №1 Ranked NFT on Binance Marketplace according to total trading volume
  • The in-game NFTs include:
  1. A dedicated Marketplace(upcoming)
  2. SYNRPass (part of an NFTDrop)
  3. Blueprints NFT (These are upgradeable NFTs for in-game play function as well as for utility)
  4. Turf–Metaverse Real Estate (upcoming)

Plans & Project Layouts

Different Class of Mafia families in MobLand
  • Updates in plans to branch out the project to other chains (such as BNB Smart Chain and Solana), this will enable players to have Cross Chain Mafia Wars (like cross-platform console gaming) 🔥
  • MobLand considers itself a layer-3 Game-Fi project 🎮
  • Multiple avenues to play-and-earn, which will include:
  1. Massively Multiplayer Online (MMO)
  2. First Person Shooter (FPS)
  3. Strategy Based Turnplay
  4. Farming
  5. No price barrier to entry, free to play (and earn)

There will be Four main Class of Revenue System:

  1. Capitalist- Instead of selling directly into the public markets, players will be able to reallocate their earned assets within the Mafia metaverse ecosystem. This can be done through various tools and products like Turf and License to generate additional revenue
  2. Holder- Users can HODL and stake their earned assets for additional yield, in-game boosts, and other gameplay privileges.
  3. Grinder- Players will be able to participate through Daily Events, PvE tasks, PvP tasks, Recurring time-based Events, Leaderboard Events, Syndicate Events so on & so forth, to earn rewards
  4. Governance- Players can stake $SYNR token to participate within the metaverse governance committee

This Metaverse game will be playable on both PC as well as mobile platforms

Project Audit Report:

The team has successfully completed their project audit through CertiK

The audit report findings are:

No critical or major bugs were found. Minor bugs that were brought to our attention have since been fixed. We are working on the iterations, most of which are already completed.

Source: MOBLAND Medium post

Project Team:

The team isn’t exactly fully doxxed on the surface, but I came across the following information while doing a Google Search…

Roy Liu (Co-Founder, MobLand): https://www.linkedin.com/in/roy-liu-35656618a/

Mihai Pohonţu (Co-Founder, MobLand): https://www.linkedin.com/in/mihaipohontu/

Venture Capital (VC) Investors:

I absolutely found this project super legit because of TWO names on the list of investors — Do Kwon & Justin Kan. If they are investing, then the project for sure has some value. Afterall, the Terra Luna & Discord guys knows what they are upto 🌝

Partners:

Seeing the names on the partners list as well, it is safe to say, that the project has got solid backing and funding…having this many number of reputed investors always is a great sign for the longevity of a project, MobLand has done it right…

Project Roadmap:

Compared to a traditional project roadmap, MobLand Roadmap does not have timestamps or Phases divided by Quarters.

What I understand with the above roadmap of the project is that the team is done with Phase-1 & is now going to focus on Phase-2 & Phase-3.

Tokenomics:

  • $SYNR is the native token of MobLand, which will be used for fee payments & reward payouts
  • $SYNR token can be staked to receive $sSYNR, which will be used for in-game purchases in the marketplace (upcoming)
  • Staking of $SYNR token will be locked in for a set period of time, varying between 16-52 weeks.

The longer the STAKING period, the greater will be the weight of the rewards. IMO, this is an excellent move to maintain liquidity within the network.

You can read more about the HOW-TO on Staking HERE

Token Governance:

Users can stake $SYNR to be rewarded with the Governance token $sPOWER which will be used to delegate to the syndicate leaders.

The top 7 syndicates within the Metaverse form the ‘Committee’. Committee members shape the earning events and rewards pool.

  • Maximum supply of 10 billion $SYNR
  • The Team; Advisors; Seed and Strategic allocations together combined add up to 48% of the total supply. Super high allocation IMO 🚩
  • This high allocation risk is somewhat reduced by the 13 month cliff with 36 month vesting schedule for the team and advisors, which is excellent.

Conclusion

I am very happy with the investors who are backing this project. Also, with the slew of P2E games in the crypto space, I feel the MobLand Metaverse has taken a very detailed & through approach in the gaming space. It looks like a polished AAA game title, that will take players by surprise.

Also the game being available on PC as well as Smartphones will bring a varied audience to the platform. I hope the team delivers and we might have just landed a 💎 project (Not financial advice)

Social Media & Community Links:

A huge thank you to CoinDCX for giving me this opportunity to write such a detailed report and be a part of the #CoinDCXpathbreaker program, enabling me to share such knowledge with everyone in the crypto space

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Mohnish Isaac Kariappa
Coinmonks

I make use of advanced Technical Tools and On-Chain Data to make crypto easy to understand for everyone in the crypto community.