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Syn City x Satoshi Club AMA Recap from the 22nd of January

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

discord.gg/syncity

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

discord.gg/syncity

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:

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

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

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