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

Digital game items would be represented on a blockchain as non-fungible tokens (NFTs) to imbue the quality of scarcity and enable true ownership of digital assets. With crypto wallets, ownership of items is associated with a user’s wallet address on a decentralized ledger which will presumably be supported by at least thousands of nodes. Therefore, even if game developers take a game down, a player’s in-game currency and items will still remain in his or her possession.

Problems of traditional video gaming

One of the most prominent problems 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 derive income from it and also can not dispose of it.

About Meta City

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 the secondary marketplace, gift it out to friends, stake it on a decentralized pool to earn Ciphi token or use it as collateral on lending protocol.

Where can I play Meta City?

Meta City will be available on Mobile and PC devices.

What is Ciphi token?

Ciphi is the governance and utility token of Citizen Finance. Ciphi will only have a maximum supply of 500,000

How to get Ciphi?

• LP mining
• NFT Staking
• Game Play
• Purchase
  

Non-fungible tokens (NFT)

Non-fungible tokens are token versions of non-replaceable assets such as artwork, real estate, collectibles (in our case, in-game assets). These assets have individual properties and characteristics that make them unique and valuable. Non-fungible tokens can be used to create verifiable digital deficits as well as digital properties.

NFT as in-game assets

Blockchain-enabled concept which gives players full control of their in-game assets. Players can freely deposit and withdraw items in and out of the game without restrictions. 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, its use cases are not limited to arts and gaming alone. NFTs can be used to represent company shares, bonds, real estates, membership and many others.

Earning by playing!

By linking in-game data and items to blockchain tokens, gamers are able to trade assets between different games. This may allow players to recycle their digital assets while experimenting with different games.
Since gaming items are represented using digital tokens, players can trade these tokens on other gaming markets, hosted on the same blockchain.

Right towards in-game asset

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

Adoption of blockchain for successful business

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.

Blockchain enables almost instantaneous payments across the world, lifting the restrictions currently on global multiplayer games. Blockchain technology — such as stablecoins — can essentially mirror any asset and are not subject to trade embargoes or other constraints.
As it makes transactions more transparent and efficient for players, blockchain can revolutionize the gaming world by creating opportunities for both players and developers that enable a new entertainment market.

Web : https://citizenfinance.io/
Whitepaper: https://docs.citizenfinance.io/
Discord: https://discord.com/invite/xqNxf63sHx
Medium: https://medium.com/@citizen_finance

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⚡Authorship
BitcoinTalk username : onemancrypto
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1769254;sa=summary
BSC Wallet: 0x5888bd05816dB304E417b6b219C2c307629b8141