Grab the highest profitability chances of the gaming industry by Citizen Finance

blockchaintrace (2)in #citizenfinance • 3 years ago

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. Blockchain technology has enabled some games to introduce true ownership of in-game assets but the utilities for this new concept are still small and have no real impact on the industry.

What is Citizen Finance?

Citizen Finance is introducing something new into the utilities of in-game assets. It decided to adopt the Binance smart chain network because it is easy to understand, low-cost gas fee, fast transaction, and also similar to the Ethereum blockchain.

Main property rights

The property right is often classified as a human right which gives every citizen the right to own property purchased using their 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

Problems in traditional gaming

one of the most prominent problems in the traditional video gaming industry is a denial of property rights 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 derive income from them, and also cannot dispose of them.

What does Citizen finance Offer?

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) tokens. This mechanism will result in frequent withdrawals and deposits in and out of the ecosystem in which users will spend a lot of gas fees. Adopting a blockchain with fewer gas fees and the fast transaction was our primary need when choosing a blockchain.

Roadmap

Q1 2021

● Launch of website v1

● CifiPowa beta release

● Airdrop & Bounty

● Release of Meta City Pre-Alpha (PC)

Q2 2021

Platform

● Presale

● Early Asset Offering (Kickstarter)

● NFT distribution

● Listing

Santa Fe

● CIFI-BNB LP Pool

● CIFI-BUSD LP Pool

● Citizen Pool

CifiPowa

● Launch of Registry

● Marketplace

● More development to editor

Meta City

● Internal Release of Blockdown District (alpha)

● Internal Release of Merchant District (alpha)

● Internal Release of Norse District (alpha)

● Internal Release of Port District (alpha)

● Internal Release of Battlefield (Multiplayer)

● Support for NFT as in-game Asset

CifiPowa X

● Development of beta-version

● Internal Test

● Public Release

Q3 2021

CifiPowa

● Support Auction-style

● Multiple Minting (ERC1155)

● More development to CifiPowa

Meta City

● Public Release of Blockdown District (alpha)

● Public Release of Merchant District (alpha)

● Public Release of Norse District (alpha)

● Public Release of Battlefield

● Reward Pool

● Internal Test of SaaVC

CifiPowa X

● Support NFT (CifiPowa)

● Art Exhibition

Ciphi token

Ciphi is the governance and utility token of Citizen Finance. Ciphi will only have a maximum supply of 500,000. Citizen Finance will be holding a Presale round for Ciphi investors

How to get Ciphi?

● LP mining

● NFT Staking

● Game Play

● Purchase

What differentiates CifiPowa from other Editors?

CifiPowa is a web-based editor that enables the artist to create and modify artwork, mint them into their registry or CifiPowa registry and also put them on sale using an auction or fixed price. Cifipowa can be seen as a one-stop editor for everything Art.

Citizen Finance applications can be seen as a different layer of the citizen finance ecosystem. Every application is linked to another, together a multi-functional ecosystem will be created. Citizen Finance will be introducing new concepts and utilities for in-game assets using blockchain technology which helps gamers to play and earn more money from this platform.

Hashtags : #citizenfinance, #nft4fps #nft4XR #cifipowa #metacity #gamefi #citizens #cifi #defi #ciphi #bsc #blockchain #ownership