In current occasions, it is as of now hard to envision that circle where a digital currency would not have. The ubiquity of cryptographic money normally makes you consider ways and innovations that will bring it closer to common individuals. At last, blockchain innovation found a good pace industry. No big surprise. In the crypto network, ideas, for example, " Hack " and " Spam " have for quite some time been known.
As of late, however, assaults by programmers and fraudsters negatively affect cryptographic games. Some especially genuine assaults shook the kryptranok to its very establishment. Simply think, in 2018 digital currency was lost for $ 100 thousand.
What is Citizen Finance
Citizen Finance is a decentralized game platform with support for irreplaceable tokens (NFT) and game finance. This platform allows for real ownership of in-game assets and supports next-generation NFT-based gadgets. Players are real owners of their in-game assets, they can place a bet, resell, gift, or simply use it as collateral.
Rights of Civil Finance players
According to the requirements and rules of the platform, "Civil Rights" was developed. The player, as a civilian, owns his property, which is obtained through his own finances in the ecosystem. The concept of property will be treated as a real estate object, a vehicle, and, in fact, an asset in the game. The rights of all civilians have been established, including:
● Controller
● ownership
● For exceptions
● to receive income
● Property disposal
Using NFT (in-game content)
Citizen Finance NFT has a variety of use cases on the platform. Citizen Finance NFT's owners can:
● Use it to play Meta City FPS Game
● Place it
● Resell it on the secondary market
● Use it as collateral
● and more
NFT concept
The first project to use NFT was Bitcoin 2.x (or color currency, in 2012). However, for many years this standard was not required until Cryptokitties came into being. With the help of the platform, users have bred and sold virtual cats, while making good money. In 2017, the NFT sphere was reformatted by Cryptopunk, translating the standard for the purchase of tangible assets of value - paintings, bonds. Citizen Finance will allow holders of designated standard-use tokens to withdraw unused assets, i.e. non-exchangeable assets in the ecosystem. You can also place unlimited bets on decentralized groups, while earning extra Ciphi (CIFI) tokens. This mechanism will allow the ability to withdraw some of the deposits in the ecosystem. This will be especially true for situations where the owner, due to some circumstances, spends more money on gas. Blockchain will be represented by a system with lower gas costs and extremely fast transactions in the ecosystem.
The Game and the Asset
Accessing the In-Game Assets on Citizen Finance starts with the video games you play. In this case, the video game of the broader Citizen Finance ecosystem is called Mega City.
For you to make Non-Fungible Tokens (NFTs) interoperable with the video game, all you have to do is to buy any of the In-Game Assets within the Mega City video game ecosystem. This is because every In-Game Asset in Mega City is designed to work as a Non-Fungible Token (NFT).
This is also realistic because NFTs are generally designed to be unique, and the In-Game Assets on Mega City are also unique.
Unique Attributes
The In-Game Assets on Mega City are also designed to have unique attributes. These attributes are designed in a way that they offer unique features that combine with the In-Game Assets to make them attractive.
It will interest you to know that one of the most important attributes of Citizen Finance In-Game Assets is the Rarity. The Rarity, in this case, means that these assets have rare features that cut across:
●Elite
●Common
●Epic
●Legendary
●Rare and
●God
The rarer the attributes are, the more unique they become. For example, the God attribute of the Rarity attribute is designed to help the players to become more serious, because this NFT is rarer more than the others are.
Face Value
Citizen Finance also has another attribute that contributes to the rarity of its features. That attribute is called Face Value.
Face Value has to do with the amount of crypto token that each of the players needs to obtain before liquidation.
DamagingPowa
Worthy of mention is that the strength of an In-Game Asset on Citizen Finance is accessed via the DamagingPowa attribute.
The work of this attribute is to help determine the strength of the asset. This is an innovative attribute because it ensures that the overall value of the attribute or NFT is accessed and recorded on the blockchain.
CIFI token
CIFI Civic Finance token will be used as parent company's base currency. Token generation will be done using the NMT standard, as well as through extracting its own liquidity. Each game platform user will be able to use CIFI tokens to buy gifts, moreover, on the secondary market. It can also be used as a fee for your own civic initiatives, utilizing skin incentives through the implementation of the Cifipowa initiative. Tokens can be used as a liquid reward. There is a platform for good creative streams with CIFI token.
Conclusion
Citizen Finance ecosystem is an independent ecosystem that brings something new to the world in terms of the usefulness and value of game assets. Now, you can not only join the team game, but also get financial benefits for yourself. Interaction with the Binance smart network allows token holders to easily buy, exchange, and sell assets (CIFI). For fuel, that is, for gas, the cost will be reduced several dozen times, even eliminated entirely. Additionally, players at any stage of interaction with the ecosystem can withdraw their funds without the presence of sanctions and fines from the community. Overall, the platform is a bit like Ethereum, but with its exclusive charm. Transactions for internal operations are carried out immediately, with no difficulty in processing information chain.
Official links to the Citizen Finance project:
Website: https://citizenfinance.io/
Twitter - https://twitter.com/citizen_finance
Facebook - https://www.facebook.com/MocktailSwap
Author : Kobro
Bitcointalk profile - https://bitcointalk.org/index.php?action=profile;u=1152789