Citizen Finance is an introduction to GameFi and true ownership of gaming assetssteemCreated with Sketch.

in #citizen3 years ago

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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.
On citizen finance, a gamer can quickly get access to their benefits with its emerging technologies. You can trade, secure or prop up your in games advantages here. Similarly, you can also earn various rewards and achievements by supplying fluidity and runniness on dispersed interchanging. You can also craft your masterpieces by transforming your artistry into electronic payables and treasures. These transformations can be employed in particular presentations and showcases. Moreover, all these efforts are recompensed as inducements of community.
Meta Description:
Are you looking for a legion platform that supports games, wagers, emerging money matters, and the marketplace at the same time? So citizen finance is the surveillance platform with impeccable features.
Features:
Any player can effortlessly get ownership in-game for benefits and profits. On this platform, you can easily extract and pull out your services and advantages on a particular marketplace. You can avail of top features by Non-Fungible token. This platform lets players get some funds, and you will be given some time to return these collections in a limited time. You can also go through Santa Fe, which is a decentralized manifesto for investment, staking and will help in other assets.
Here you will also see a rarity option. Rarity alternative will enforce a unique and different defacing ability in this site. Similarly, you will also get a benefit known as Face Value. Face value is the quantity of tokens and tickets obtained by the holder to support fluidity and runniness.

Non- Fungible Token
Non-Fungible Token, which is also known as NFT, are best and beneficial for artistry and other kept sakes. Several specifications make this platform and token distinctive from others.
The central role of non Fungible Token is to support and rely upon the business replicas manifestos. At the same time, its primary purpose is to publish and constitute the arts and other funds-related affairs and factors like the share of a company, memberships, and other real estates. Similarly, it aims to encourage the holdings of benefits in-game and let the participants and contenders interchange benefits among one another legally and authentically.

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So we can distinguish four main directions in Citizen Finance work:

this is an opportunity to play the Meta City game;
the ability to trade cryptocurrencies and exchange your game assets for other cryptocurrencies;
the ability to make money by sending your unused gaming assets to a decentralized pool;
the ability to make collateral using your game assets as collateral to borrow funds from the credit protocol.
As you can see, Citizen Finance has excellent areas to pursue opportunities. I like this approach, because it helps bring people from different backgrounds together, thus bringing them together and creating common interests. All of this was built very competently and contributed to the development of a faster and more successful crypto industry as a whole and, importantly, aiding crypto adoption in general in the world.
Property rights are often classified as human rights that give every citizen the right to own property purchased with his own funds. Properties can include real estate, cars and in our case, virtual properties such as in-game assets. The main property rights are;

Control Rights
Right of ownership
Exclusion Rights
Right to Earned Income
Right of Disposition
To date, one of the most prominent issues in the traditional video game industry has been the denial of property related to in-game assets. Players are not the actual owners of their in-game assets even though they have purchased them with in-game currency which is then purchased with fiat currency. What they can do with limited assets is the utility of the game. Players do not have proper control over their assets, cannot derive income from them, nor can they dispose of them.

Blockchain technology has allowed some games to introduce true ownership of in-game assets but the utility for this new concept is still small and has no real impact on the industry. Citizen Finance will introduce new concepts and utilities for in-game assets using blockchain technology.

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Specification

Name: CIPHI

Symbol: CIFI

Network: Binance Smart Chain

Decimal: 18

Type: Utility and Governance

Supply: 500,000

Mining (75.875%): 379,375

Sales IDO (10): 50,000

Liquidity(3.125%): 15,625

Team (10%): 50,000

Airdrop & Bounty (1%): 5000

Citizen Finance Adopts Non-Fungible Tokens

Conclusions

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.

For more information please visit the links below:

website: https://citizenfinance.io/

Whitepaper: https://docs.citizenfinance.io/

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

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

Reddit: https://www.reddit.com/user/citizenfinance

Telegram: https://t.me/citizen_finance

Twitter: https://twitter.com/citizen_finance

AUTHOR

Bitcointalk Username: Loxalix

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2458325

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