A multi-ecosystem with support for decentralized gaming, nft marketplace and game finance

in #citizen3 years ago (edited)

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INTRODUCTION

CITIZEN is one of the best project in this world .
The gaming industry still been plagued with non existence of true ownership .when this comes to in game assets . according to news the world 2.7B gamer will speed 159 up B doller on game in 2020 .the market will surpass 200 B doller by 2023 .this is coming after 87 B doller was spent in 2019 by games to purchase in game assets withce the have no tru ownership over ..ll

Citizen Finance: Meta City as a First-person shooter game will provide support for 100% ownership of in-game assets. The platform will allow players to withdraw and sell their in-game assets on secondary marketplace, gift it out to friends, stake it on decentralized pool to earn Ciphi token or use it as collateral on lending protocol. #citizen #finance #blockchain #nft4ART #nft4FPS #bitcoin #nft4XR #crypto #ethereum #cryptocurrencies #fintech #defi #bsc and mention @citizen_finance

WHAT IS CITIZEN FINANCE

Citizen Finance is an introduction to GameFi and true ownership of in-game assets. While acting as a bridge between the world of traditional gaming and blockchain, Citizen Finance will create a platform where players are the true owners of their in-game assets, they can stake it, resell it, gift it or simply use it as collateral.
Right to property is often classified as human right which gives every citizen the right to own property purchased using their own fund. Property can include real estate, autos and in our case virtual properties like in-game assets. The main property rights are;
Right of Control
Right of Possession
Right of Exclusion
Right to Derived Income
Right of Disposition
Till date, one of the most prominent problem in the traditional video gaming industry is denial of property right when it comes to in-game assets. Players are not the true owners of their in-game assets even if they had purchased it with in-game currency which in turn was purchased with fiat currency. What they can do with the asset is limited to the utilities of the game. The player lacks true control of their assets, can not derived income from it and also can not dispose it.
Blockchain technology has enabled some games introduced true ownership of in-game assets but the utilities for this new concept is still small and has no real impact in the industry. Citizen Finance will be introducing new concepts and utilities for in-game assets using blockchain technology

WHY ARE NFTs SPECIAL??

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The specialty of non-fungible tokens revolves round three (3) concept namely; Unique, Rare & Indivisible.
Unique: One major feature that makes NFTs special is the fact of it being unique. Unlike fungible token, each nft has its own unique properties (metadata) that are peculiar to one token. It's impossible for 2 NFTs in same platform to have same properties.
Rarity: NFTs are rare collectibles with limited supply. The scarcity mechanism is one thing that makes owning a non-fungible token special.
Indivisibility: Unlike fungible token, a non-fungible token can not be divided into smaller units. Bitcoin and other fungible assets can be split into smaller unit but non-fungible token needs to be bought, sold and held as a single unit.
The use case of NFTs varies depending on the business model of the platform. While for the most part, it has been used to represent arts and in-game assets but its use case are not limited to arts and gaming alone. NFTs can be used to represent company shares, bonds, real estates, membership and many others. Terra Virtua has been able to successfully implement NFTs on arts, Cryptokitties and GodsUnchained brought NFTs to in-game assets while Decentraland, The Sandbox and Spheroid Universe are giving NFTs a unique use case in the digital real estate industry.
Citizen Finance introduction of NFTs for in-game assets is mainly to promote true ownership of in-game assets and enable players to legally exchange assets between one and anothers

BINANCE SMART CHAIN

Popularity is not the first thing to consider when adopting a blockchain network. The most important thing to consider is "if the blockchain fits into your business models and operation".
There are many blockchain out there all promising the next big thing when it comes to technology and adoption. There is no doubt that every blockchain is unique in its own way but not all business models can fit into every blockchain.
Citizen Finance as a GameFi protocol offers players the option to withdraw their unused in-game assets (non-fungible token) and stake on decentralized pools where they can earn Ciphi (CIFI) token. This mechanism will result to frequent withdrawals and deposits in and out of the ecosystem in which users will spend a lot of gas fee. Adopting a blockchain with less gas fee and fast transaction was our primary need when choosing a blockchain.
Citizen Finance is introducing something new into the utilities of in-game assets. We decided to adopt the Binance smart chain network because it is easy to understand, low cost gas fee, fast transaction and also similiar to the Ethereum blockchain.

ROADMAP

Q1 2021
Launch of website v1

CifiPowa beta release

Airdrop & Bounty

Smart contract development

Q2 2021
Presale

Early Asset Offering (Kickstarter)

NFT distribution

LP Mining

Forge

Marketplace

Meta City Pre-alpha

CifiPowa X (Beta)

Q3 2021
NFT marketplace (auction)

ERC1155 suport

Public Release of Blockdown district (Meta City)

Internal Test of SaaVC

Support NFT as in-game assets

Q4 2021
NFT on CifiPowa X

Art exhibition on Cifipowa X

Public Release of SaaVC

Marketplace API

Immersive Shopping

Q1 2022
Cross-chain features

Further development

SPECIFICATION

Specification
Name: CIPHI
Symbol: CIFI
Network: Binance Smart Chain
Decimal: 18
Type: Utility and Governance
Supply: 500,000
Distribution
Mining (75.875%): 379,375
Sales IDO (10): 50,000
Liquidity(3.125%): 15,625
Team (10%): 50,000
Airdrop & Bounty (1%): 5000

![toko.png](https://cdn.steemitimages.com/DQmcSBy4yVZe1kBYtGWERBEYzyvQsuL4QjZ5KFD2uUfawxG/toko.

🌎 INFORMATION 🌎

WEBSITE: https://citizenfinance.io/

TWITTER: https://twitter.com/citizen_finance

DISCORD: https://discord.com/invite/xqNxf63sHx

MEDIUM: https://medium.com/@citizen_finance

TELEGRAM: https://t.me/Officialbountyportals

MY AUTHOR

BTT username: Shwon600
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2843257
Telegram username: @Shwon600
BEP - 20 address : 0xAB9Db8FD951DB3AC1085331d1Ef2Afa7d4CC9c8f

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