Citizen Finance : Next-Generation NFT Utilities with CifiPowa X

Gilbertegatlin
4 min readMay 12, 2021

Introduce

NFT or non-fungible tokens are non-exchangeable tokens meaning they cannot be traded on an exchange. Currently, many platforms are adopting NFT tokens and turning them into digital assets that can securely store information. Citizen Finance through Metacity is a platform that allows people to play games and earn rewards for NFT tokens that can be staked or used as collateral. Citizen Finance not only provides a gaming platform but also a number of other platforms like Santa Fe, CifiPowa, CifiPowa X, dividends, etc. Citizen Finance brings a new concept to in-game assets using blockchain technology.

Metacity is an in the background background using NFT message code. Metacity is a blockchain-based first person shooter with support for NFT. Metacity offers a game where users can play movement and adventure games to different districts in the game and build their own base. This is a gaming platform that allows users to play and earn code tokens provided by Citizen Finance.

NFT At Citizen Finance

The use case for NFT depends on the business model of the platform. Although it’s been used for the foremost part to represent art and game resources, its use case isn’t limited to art and games. NFTs are often wont to represent company stocks, bonds, land , memberships, and more. Terra Virtua was ready to successfully implement NFT within the arts, Cryptokitties and GodsUnchained added NFT to in-game assets, while Decentraland, Sandbox and Spheroid Universe provided NFT with a singular use case within the digital land industry. The Citizen Finance NFT implementation for in-game assets is primarily aimed toward promoting true ownership of in-game assets and enabling players to legally exchange assets among themselves.

Citizen Finance offers several options for using gaming assets:ơ

Play: Use game resources to play Meta City FPS game

Deal: Exchange your gaming asset for another cryptocurrency in the secondary market

Bet: Place unused gaming assets in decentralized pools to earn CIPHI

Collateral: Use your gaming assets as collateral to borrow funds from credit protocols

Meta City:

Citizen Finance also has a dedicated platform where most of the decentralized gaming solutions will be offered. The platform is called Meta City.

You can use Meta City for a wide range of use cases, such as:

1- Support for In-Game Assets Ownership
The first feature of Citizen Finance Meta City is that it empowers the players to have and exercise 100% control over the in-game assets.

This means that as a player, you can use this ownership feature of the platform to do several things, including:

  • Using your in-game assets on the Citizen Finance lending protocol where they can be used as collateral.
  • You can withdraw and sell your in-game assets on the decentralized marketplace.
  • It is also possible for the players and users of the Citizen Finance Meta City to stake their in-game assets on the decentralized pool so they can earn the Ciphi Token in return.
  • Besides, you can use your in-game assets to spike your love for gaming. In that case, you can use the in-game assets you have to play the Meta City First Person Shooter (FPS) game on Citizen Finance.
  • Last but not least — you can be generous by giving your in-game assets as gifts to your friends and family.

Ciphi Token

Ciphi is a token launched by the Citizen Finance platform which will be a payment on the platform or a third party. Ciphi tokens can only be obtained through staking and liquidity mining. Citizen Finance will launch 500,000 Ciphi tokens. The following are details of the Ciphi Token:

Specification
Name: CIPHI
Symbol: CIFI
Network: Binance Smart Chain
Decimal: 18
Type: Utility and Governance
Supply: 500,000

Not only is the project a good technology, but it is also a good opportunity for investment. You can learn more with the link below to get yourself the first token.

USEFUL LINKS:
WEBSITE : https://citizenfinance.io/
• DISCORD : https://discord.com/invite/xqNxf63sHx
• TWITTER : https://twitter.com/citizen_finance
• WHITEPAPER : https://docs.citizenfinance.io/
• TELEGRAM GROUP : https://t.me/ccbountyportals
• MEDIUM : https://medium.com/@citizen_finance
• REDDIT : https://www.reddit.com/u/citizenfinance
• LINKEDIN : https://linkedin.com/company/arvrseco

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

Written by :

Bitcointalk Username: RobertoMills1
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2602386

BSC wallet: 0x882C2337c2AB8a6f852Aeca1B78C4635b8A504CC

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