Citizen Finance

4 min readMay 11, 2021

Introduce

Citizen Finance a blockchain-based person Shooter computer game developer that accepts NFTs, or another blockchain game project. As you fly through the conquered Meta district, constructing your own bunker and battling aliens, you’ll expect an action-packed adventure. Projects with a premise like this are tons of fun, particularly for blockchain game enthusiasts, so trong miss out on getting involved; you’ll be hooked on an adventure filled with challenges and incredible experiences.

What is Citizen Finance?

Citizen Finance is an introduction to GameFi and true ownership of in-game assets. While acting as a bridge between the world of traditional gaming and blockchain, Citizen Finance will create a platform where players are the true owners of their in-game assets, they can stake it, resell it, gift it or simply use it as collateral.

Right to property is often classified as human right which gives every citizen the right to own property purchased using their own fund. Property can include real estate, autos and in our case virtual properties like in-game assets. The main property rights are :

Right of Control
Right of Possession
Right of Exclusion
Right to Derived Income
Right of Disposition

You should even be aware that, aside from defi, the NFT project is already a recent investment theme. For its investors, this initiative proposes an income redistribution. After reviewing the project, i think it’s worthwhile to take a position in it within the future. within the one hand, Citizen Finance features a number of real-world and easy in-game asset use cases. There are variety of other special features, which are mentioned below .

In-Game Assets

Every in-game asset in Meta City is a unique non-fungible token. In-game assets are NFTs that are stored on the Binance smart chain which gives players full ownership. Players will be able to use them as in-game assets to play the action-packed game, trade them on secondary market, staked them on NFT reward pools or use them as collateral to borrow other tokens.

Attributes : The most important attributes of in-game assets are it’s Stakingpowa, Face Value and Rarity. The StakingPowa is that the strength of the asset, Face Value is that the amount of token the owner will obtain after liquidation while the Rarity is that the rareness of the asset.

Rarity : There are 6 basic Rarity which each in-game assets possess: Common, Rare, Epic, Elite, Legendary and God. Each Rarity possess unique damaging power and value in the game. God weapon is rare, players will have to try harder to obtain them.

Skin as a Virtual Commodity : Weapon skins will also be represented as a non-fungible token. Citizen Finance will also be introducing Skins as a virtual commodity into it’s economy model. Players will not just be able to purchase weapon skin from primary market, they will also be able to create own weapon skin and trade using the secondary market.

By introducing blockchain into weapon skin economy, artists will be able to develop their own skin, mint it into NFT and sell directly on Citizen Finance secondary marketplace legally. The platform will be an open economy for weapon skin artist to earn income doing what they know how to do best. Skins will need to be approved by Citizen Finance team and the community through a DCC before it can be supported by Citizen Finance. There will be a number of guidelines in which artists needs to follow when developing weapon skin for the public to avoid harmful content.

Citizen Finance will also be launching CifiPowa, a web-based editor that will enable artist create own weapon skin, mint them to nfts and place on sale on the marketplace.

Treasury Pool Loan : Meta City enables player to borrow funds from the treasury using their in-game assets. Players can borrow funds from Santa Fe Treasury Pool in which they are given a timeframe to pay pack or get their assets liquidated.

Liquidated assets are auction are traded on CifiPowa with the borrowed amount as starting price. Borrowed amount will be refunded back to the treasury while profit made is sent to dividend pool .

Ciphi

CIFI is the native token of Citizen Finance platform, the token is minted through NFT staking and Liquidity mining. Users can utilize CIFI token to purchase nfts from the secondary marketplace, use as fees to launch own skin proposal, deployment fee for Cifipowa , stake CIFI to earn liquidity reward and also use for lending protocol.