Today, literally, by chance, I came across a new cryptocurrency project Citizen Finance. Having studied it a little, I became very interested in this project, and you can even say that I fired up this project. This project is extremely different from other projects that I have met in the 6 years during which I have been following various cryptocurrencies. This project, in some ways, is similar to other projects, but the combination of such project functionalities, which are taken from different crypto areas, make the Citizen Finance project unique and, from my point of view, very promising. Therefore, I immediately took up the creation of this article to tell you about the Citizen Finance project.
The Citizen Finance project is a blockchain-based gaming project with support for non-fungible tokens (NFT), with elements of a decentralized finance (DeFi) platform. At the same time, this game project is not focused on gambling, as is often the case in other projects, but this project has created a unique first-person shooter game that will be interesting for people of different ages.
This amazing game is called Meta City. In the game Meta City, you go on an exciting journey through the occupied areas of the city, which is called Meta City, create your own sheltered home, fight alien creatures and other enemies, in general, survive in this city, and most importantly, help the government to liberate the city from the enemy ...
Each of us played similar games and many of us really like game Shooters. And each of us knows that in such games there are game resources that can be obtained or bought somewhere. These resources include, for example: weapons, cartridges, first aid kits, armor, and the like. But unlike the Shooters already known to us, the game resources in the Meta City game are limited. And in order to get, for example, a more powerful weapon or other resource, the game provides for the possibility of buying / selling game resources from other users, and each user will be able to sell or buy the necessary game resources on the market of this game platform.
The Citizen Finance project has created a token that will be used on the gaming platform. This token is called CIPHI. The CIPHI token is created on the Binance Smart Chain and has a total supply of 500,000 tokens.
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At the same time, a significant part of these tokens (88%) will not go into circulation immediately, but gradually, as a reward for placing in liquidity pools, rates of NFT tokens, as well as participation in lending.
Thus, the CIPHI token can be used to:
- purchases of in-game assets in the Meta City game,
- the CIPHI token can be exchanged in the secondary market for another cryptocurrency,
- the CIPHI token can be used for Staking in decentralized pools and for this you can receive additional CIPHI tokens,
- CIPHI token can be used as collateral for borrowing funds from credit protocols.
The Citizen Finance platform already has a protocol called Citizen Santa Fe. It is this protocol that enables users to carry out Staking and Lending. This protocol is a decentralized financial instrument that emphasizes Citizen Finance's affiliation with DeFi projects and enables users to receive additional passive income from participation in Stekenge, as well as receive credit funds secured by CIPHI tokens.
Also on the Citizen Finance platform, a protocol called Citizen CifiPowa will soon appear, which will serve to transform images and professional designs into digital art NFT on the Binance smart network.
In the future, the Citizen Finance project plans to create additional applications that will be useful for the development of the project.
As we can see, dear friends, the Citizen Finance project created a platform that synthesized the game project with the DeFi project, which is a completely new introduction to blockchain technology and is amazingly interesting in its combination. I think in the future, many players and crypto users will be able to appreciate this platform.
OFFICIAL LINKS OF THE CITIZEN FINANCE PROJECT:
Website: https://citizenfinance.io/
Whitepaper: https://docs.citizenfinance.io/
Discord: https://discord.com/invite/xqNxf63sHx
Medium: https://medium.com/@citizen_finance
Twitter: https://twitter.com/citizen_finance
Telegram channel: https://t.me/citizen_finance
AUTHOR OF THIS ARTICLE:
Bitcointalk UserName: bulalex16
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=908095
ETH (BEP20 - BSC - Bianance Smart chain) address: 0x67b271e10dc48754863723981cc97afa3a034170
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