The blockchain ecosystem is growing at a rapid pace, affecting more and more people every day. While the technology is primarily used in cryptocurrencies, it also enables innovative solutions across a wide range of different industries.
Today, the vast majority of online games operate on a centralized model. This means that all data is stored on a server that is completely controlled by the game developers.
Typically, data includes account information and server history. Servers store the history of game events and game items that players receive (collectibles, character items, virtual currencies).
As a distributed database, a blockchain-based system can be used to verify and protect all types of digital data, including the game history, digital items and tokenized assets. The main idea is to take power away from gaming companies and return it to the players.
Thus, each player can have full control over their account and digital assets, users can freely exchange these assets at any time. There are many methods for developing games on blockchain.
Blockchain technology has allowed some games to represent true ownership of in-game assets, but the utilities for this new concept are still small and have no real impact on the industry. Citizen Finance will unveil new concepts and utilities for gaming assets using blockchain technology.
Built for innovation, Citizen Finance https://citizenfinance.io/ offers players full ownership of gaming assets using technology
blockchain.Our mission is to provide tools to accelerate the mass adoption of non-fungible tokens in the games, arts and fashion industries. Citizen Finance is an introduction to GameFi and true ownership of gaming assets. Acting as a bridge between the world of traditional games and the blockchain, Citizen Finance will create a platform where players are the true owners of their gaming assets, they can bet, resell, donate or simply use as collateral.
What the project gives
- Use game resources to play the Meta City FPS game
- Exchange your game asset for another cryptocurrency in the secondary market
- Place unused game assets in decentralized pools to earn CIPHI
Use your gaming assets as collateral to borrow funds from credit protocols
Citizen Finance is proud to release the beta version of CifiPowa to the general public. Cifipowa is a web application that allows an artist to draw and convert graphics to nft based art.
CifiPowa is a free tool with no software installation required. It can be accessed from the browser of the mobile phone and PC. The web tool is based on Binance's smart chain, which requires the performer to connect a wallet before they can access the environment.
Citizen Finance https://citizenfinance.io/ is a registered trademark of Arvrse Studio. All logos are registered trademarks of their respective owners. The entire content of this document, unless otherwise stated, is copyright.
What is an NFT token?
Non-fungible tokens are tokenized versions of non-fungible assets such as art, real estate, collectibles (in our case, game assets). These assets have properties and individual characteristics that make them unique and valuable. Non-fungible tokens can be used to create verifiable digital scarcity as well as create digital ownership.
The non-fungible token feature revolves around three (3) concepts, namely: Uniqueness, rare and indivisible.
Implementation Citizen Finance NFT for in-game assets is mainly aimed at promoting true ownership of in-game assets and enabling players to legally exchange assets among themselves.
For more information, see the official website
https://citizenfinance.io/
https://discord.com/invite/xqNxf63sHx
https://medium.com/@citizen_finance
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