nft game image banner for SinVerse to Release Business Licenses

SinVerse to Release Business Licenses

Posted August 22, 2022 8:58 pm
3 min
By Jethro Sandico

R-Rated mafia game SinVerse is scheduled to release License Sale V2 on August 25, 2022, 21:00 UTC. In a bid to prepare the players, the team also published a write-up, shedding light on the details of this new feature.

“If you own land in the $SIN City Center, Silicon Valley, or The Hills, HERE are details on how you can become a KINGPIN!” the team Tweeted.

Here’s what we’ve learned about the License Sale:

Business Licenses

There are types of business licenses in the SinVerse:

  • General License: General Licenses come with each plot of land, and can be used by owners to operate cafes, restaurants, apparel stores, etc.
  • Premium License: Premium Licenses are a requirement for specialized venues such as jewelry shops, liquor stores, and strip clubs, among others.
  • Exclusive License: The highest type of license that future kingpins can use to operate a betting farm, a meth lab, or a firearm dealing business.

Only Exclusive licenses will be sold in the Sin City Centre, Silicon Valley, and The Hills districts. However, the team is planning to introduce a “land resale market” where players can acquire lands in the aforementioned districts.

Land and License

Although all players can obtain a business license, they are still required to purchase land plots in the secondary market. Pairing licenses and land together can enhance the generation of revenue. 

These licenses are “district-specific” and will be able to activate at least 33% of all land, using Premium and Exclusive licenses. Each plot of land requires its own license since it is not possible to use one across all land properties.

Marketplace

Currently, the team has disabled the temporary marketplace within the license office. The plan is to work towards integrating all active APIs to the main marketplace and Metaverse (both vital components of the entire ecosystem that are still under construction).

How to Buy

Using SinVerse’s native token $SIN, aspiring crime bosses can acquire a license by purchasing through this contract address: 0x6397de0f9aedc0f7a8fa8b438dde883b9c201010.

A license can be purchased through a mobile phone using a Mobile Metamask browser.

About SinVerse

Based on the Binance Smart Chain, SinVerse is considered by many as “GTA on the Blockchain,” for its portrayal of underground crime organizations. Players can acquire a piece of land for their business, form or join factions, and eventually become the top mob boss in the SinVerse.

To dominate the business, players can also take out rival gang members by having them abducted and eliminated – tasks that come with $SIN and NFT rewards when completed.

$SIN (aka Sin City Coin)

Sin City metaverse token $SIN is the main in-game currency that can be used to purchase properties, as well as weapons and vehicles (uzis and helicopters anyone?). 

According to the game’s whitepaper, $SIN will have a maximum cap of 1 billion, and was issued at $0.010 for seed round investors, $0.016 for private sales, and $0.020 for public sales.

As of this writing, $SIN is trading at $0.01426, with a market cap of $2,945,163, and a 24-hour volume of $675,368 (per CoinMarketCap). Players can purchase the token by signing up on cryptocurrency exchange KuCoin (with a 20% discount for SinVerse patrons).

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