Citizen Finance is a decentralized gaming protocol that helps players to utilize their in-game resources comfortably. There are so many use cases of these in-game resources, and in decentralized gaming platforms, they offer the players more than just playing of games with the in-game resources. @Citizen Finance, players can play games with their in-game resources, stake the in-game resourcs, gift it, sell it or even use it as a collateral. The right to asset gives players the right to fully own their in-game assets without any form of limitation. #ownership But, traditional gaming platforms do not recognize and fulfill these rights. #cefi Till date, this remains the problem of centralized video gaming platforms. Rebuttal of rights of in-game resources. Players truly own these in-game resources that they buy, because they use their fiat currency to purchase game money which is a mode of payment for the purchase of in-game resources. Therefore, they should be able to do what they want with their money. Citizen Finance plans to bring that dream to pass, as they allow players to do whatever they want with their money(in-game assets). #citizenfinance For crypto lovers, it is a chance to fully experience the crypto world while enjoying video games.
CIPHI
The platform makes use of a token called CIPHI token which is their native token. #ciphi It is a utility and governance token that helps to control activities on the platform. Unlike other tokens, CIPHI token is minted through NFT staking and placing liquidity in decentralized pools. After placing liquidity, they earn CIPHI as rewards. The token can also serve as fees within the ecosystem.
The token symbol is CIFI, and is run on the Binance Smart Chain, a dependable blockchain network now popular in the DeFi world. #cifi #bsc The total distribution of the tokens is 500,000, and will be shared among sales IDO, the team, airdrop & bounty, liquidity and mining. These tokens will be locked for a certain period with different unlock periods for the different areas. Sales IDO will be unlocked on the first day, liquidity will be unlocked after six months, the team will be unlocked on the first day, then locked up after 1 year(90%), bounty will be unlocked after disbursal, and the staking area will be released with time for LP and staking profits.
Deduction
A deduction protocol is observed on Citizen Finance when a player begins a harvest. #citizenfinance The rewards of the harvest automatically gives 5% of the profits to Citizen Finance, which is then sent to treasury. The 95% left is given to the player. The distribution of the 5% profits goes to voluntary developers, reward pool, and team wallet(1%).
Use cases of CIPHI token
- CIPHI token can be used to auction for NFTs.
- It is a governance token, so it would be used for governing activities taking place on the platform.
- The token can be used to pay for in-game currency instead of fiat money.
- The payments for the advertisements displayed in the gaming platform by publishers will be paid with CIPHI. #cifi
- It will act as fees for CifiPowa and CifiPowa X. #cifipowa
#citizenfinance, #nft4fps #nft4XR #cifipowa #metacity #gamefi #citizens #cifi #defi #ciphi #bsc #blockchain #ownership
USEFUL LINKS :
Website : https://citizenfinance.io/
Discord : https://discord.com/invite/xqNxf63sHx
Twitter : https://twitter.com/citizen_finance
Medium : https://medium.com/@citizen_finance
AUTHOR’S INFORMATIONS :
Bitcointalk Username : Ochawawa
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2830371
BSC Wallet Address :0x0A27df2f6E6f76dE47078D6a47D9cd28Ff8e85c2