Citizen Finance Review — In-Game Assets Blockchain Based Non-Fungible Token (NFT)

Citizen Finance

Citizen Finance Introduction

Cryptocurrency was originally known as a payment system that allows people to be able to make transactions quickly, in a transparent, secure and anonymous manner without any third parties. Innovative projects consistently appear in the crypto industry with high return investments and a continuous trend, such as Citizen Finance is one project.

What is Citizen Finance?

Citizen Finance create a place where players are the true owners of their in-game money, which they can gamble on, resell, donate, or merely use as leverage. Citizen Finance will be introducing new concepts and utilities for in-game assets using blockchain technology.

In the Citizen finance game network, the CIPHI token will serve as the primary currency. The winner of each game receives the total number of CIPHI tokens collected.

While blockchain technology has allowed some games to incorporate true ownership of in-game properties, Citizen Finance will use blockchain technologies to implement new ideas and usefulness for in-game properties.

The Citizen Finance offers multiple use case in a game assets such as.

  1. Play: Use in-game assets to play the Meta City FPS game.
  2. Trade: Exchange your in-game assets for other cryptocurrencies on the secondary market.
  3. Bet: Bet your unused in-game assets on a decentralized pool to earn CIPHI.
  4. Collateral: Use your in-game assets as collateral to borrow funds from the loan protocol.

Core Features of Citizen Finance

What is NFT?

The token is a digital asset that represents a wide range of unique tangible and intangible items. You may think about it like it is a train ticket, which is the sign of ownership of a seat, on that train, at that moment.

The word fungible refers to an asset that is easily exchangeable. A neighbor could borrow a pound of salt and buy me another one in a few days when he goes to the supermarket. It doesn’t matter that the salt is different, it is easily replaceable and exchangeable.

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 another.

Characteristics of NFTS

  • Verifiable: Another benefit of storing historical ownership data on the blockchain is that items such as digital artwork can be traced back to the original creator, which allows pieces to be authenticated without the need for third-party verification.
  • Indivisible: NFTs cannot be divided into smaller denominations.
  • Indestructible: The NFT data is stored on the blockchain via smart contracts, each token cannot be destroyed, removed, or replicated. Ownership of these tokens is also immutable.

Binance Smart Chain (BSC)

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”.

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. Adopting a blockchain with less gas fee and fast transaction was our primary need when choosing a blockchain.

Citizen Finance Review Video

Citizen Finance Details Review

Citizen Finance Game Meta City

Meta City is a depicted as a rich city with 14 districts. The City is rich with many minerals but the most precious is Ciphi, a metal that fuels the city’s technological advancement.

Ciphi was discovered by Nikron Ovan the founder of Meta City Company (MCC). This company controls 70% of Ciphi mining operations in the Meta city.

Citizen Finance Token Details

Token information:

Token distribution:

Citizen Finance Token Details

Conclusion:

Because of its capacity, transparency, durability, and strengths, I believe Citizen Finance would have a good foothold in exchanges in general and the crypto world in specific. In today’s top crypto exchanges, Citizen Finance will soon be accepted. Last but not the least I wish all the team members for success.

Citizen Finance More information.

Author

#citizenfinance, #nft4fps #nft4XR #cifipowa #metacity #gamefi #citizens #cifi #defi #ciphi #bsc #blockchain #ownership @Citizen Finance

Hello Friends, I am Crypto Bikash and I am user of medium and I am Crypto Currency hunter. I am sharing all Crypto news, updates, Bounty and Airdrop.