Awkay Technologies

Awkay Technologies is a game and technology company that has carved a niche in the blockchain gaming sector. The company was established in 2020 by co-founders Anıl Evci and Haris Sevinç. In May 2022, Awkay Technologies secured a significant milestone by raising $2.5 million in a private investment round for its flagship project. This funding round was notably co-led by Vendetta Capital and Icetea Labs, with participation from prominent investors such as Animoca Brands and Morningstar Ventures, signaling strong market confidence in the company's direction.

The company's primary business is the development of its inaugural game, "The Unfettered," an AA-quality, story-based action role-playing game (RPG). Built on the Unreal Engine, the game is designed to merge a high-quality gaming experience with the economic opportunities of blockchain technology. It operates on a free-to-play model, making it accessible to a broad audience of gamers. The business model is centered around the GameFi concept, integrating play-to-earn (P2E) mechanics, non-fungible tokens (NFTs), and metaverse elements. Revenue is generated through an in-game marketplace where players can buy, sell, or loan in-game items like characters, weapons, and armor, which are registered as NFTs. Additionally, the company plans to sell virtual land in the game's metaverse, allowing landowners to generate passive income.

"The Unfettered" targets both traditional gamers seeking immersive narratives and blockchain enthusiasts interested in monetizing their gameplay. The game features a rich, dark fantasy storyline where the player, as the protagonist Lura, embarks on a quest in a dystopian world. Gameplay includes a story mode, player-versus-player (PvP) arena battles, and cooperative player-versus-environment (PvE) dungeon modes. A core mechanic involves players collecting "souls" from defeated enemies, which can be converted into the game's native token, $SOULS. This token is central to the game's economy, used for all transactions within its marketplace on the Binance Smart Chain and Ethereum networks. To maintain a stable economy, the company has implemented deflationary measures, including a token burn mechanism.

Keywords: Awkay Technologies, The Unfettered, blockchain gaming, play-to-earn, GameFi, NFT, metaverse, action RPG, Unreal Engine, crypto game, story-based game, Vendetta Capital, Icetea Labs, Animoca Brands, Anıl Evci, Haris Sevinç, SOULS token, virtual land, in-game marketplace, P2E, free-to-play, Binance Smart Chain