Citizen Finance an introduction to GameFi and true ownership of gaming assets

4 min readMay 12, 2021

Introduce

Citizen Finance is an introduction to GameFi and true ownership of gaming assets. Acting as a bridge between the traditional gaming world and the blockchain, Citizen Finance will create a platform where players are the true owners of their gaming assets, can risk, resell, give away, or simply use as collateral. Property rights are often categorized as human rights that give every citizen the right to own property acquired with their own funds. Property can include real estate, cars and, in our case, virtual property such as in-game assets.

Basic property rights:

control rights
property rights
exclusion rights
earned income entitlement
right to erasure

One of the biggest problems in the traditional video game industry today is the denial of ownership of gaming assets. the player is not the true owner of his game asset, even if he purchased it with in-game currency, which, in turn, is bought for fiat currency. what he can do with limited assets useful for the game. The player does not have proper control over his assets, cannot receive income from them and cannot dispose of them.

NFT is not a new concept and the first NFT-like token was the introduction of Bitcoin 2.x (also known as color coin) in 2012, although not a new concept, the launch of Cryptokitties — blockchain-based platforms where players have the opportunity collecting and breeding digital cats, draws the world’s attention to this unique technology and thus starts the NFT race. Cryptopunk, launched in 2017, is the first project to turn artwork into tokens using NFT .

Citizen Finance, as a GameFi protocol, offers players the ability to withdraw unused in-game assets (non-exchangeable tokens) and place bets on a decentralized pool where they can earn Ciphi Tokens (CIFI). this mechanism will lead to frequent withdrawals and deposits in and out of the ecosystem, where users will spend high costs on gas. .Adopting blockchain with lower gas costs and fast transactions is our main need when choosing a blockchain.

The development of the citizen financial ecosystem

Citizen Finance is preparing IDO for a big exchange! Hence, this company is solid and backed by community support.
Citizen Finance has a very active and solid community where everyone is dedicated to creating the Citizen Finance platform and everyone believes in an exciting future for the CIFI platform.
Citizen Finance will have DApps on the Binance smartchain network, where people can earn CIFI tokens by reading cryptocurrency messages and playing interesting games.
Citizen Finance has a betting system! Thus, everyone can earn dividend and loyalty rewards by staking CIFI tokens on the DApp!

CIFI token holders run the risk of receiving an owner’s reward. Citizen Finance will have a bigger competition to free up CIFI tokens.
If supply is limited, the volatility of CIFI tokens will be lower and fees incurred will remain the same. These are great benefits for CIFI token holders.

Citizen Finance in the form of GameFi protocol gives players the opportunity to withdraw their unused in-game assets (tokens are irreplaceable) and place bets on decentralized groups where they can earn them. token. (CIFI) newspaper. This mechanism leads to frequent withdrawals and deposits both inside and outside the ecosystem, with users paying a lot of gas fees. The advent of a blockchain with less gas fees and rapid transactions is our main need when choosing a blockchain.
Citizen Finance is introducing something new for the in-game asset add-on. We choose the Binance Smart Chain network because it’s easy to understand, low gas fees, fast transactions, and similar to Ethereum.

CIFI

IFIIFI is the original token of the Citizen Finance platform. Tokens are shaped by using NFT and mining liquidity. Users can use CIFI token to buy NFT from the secondary market, as a fee to start their own skin proposal, commitment fee for Cifipowa, use CIFI to get liquidity premium and protocol loan.
Specification
Name: CIFI
Symbol: CIFI
Network: Binance Smart Chain
Decimal number: 18
Type: Utilities and Administration Scope
: 500,000

Exploiting distribution (88%): 370,000 Pre-sale price
(10): 50,000
Bar account (1%): 25,000
Group (10%): 50,000
Airdrop & Bonuses (1%): 5000

Conclusion

When I see the development before my eyes, I am very pleased to be the owner of CIFI token and I will approve you. It seems that at Citizen Finance, you will definitely love this company. The supply is limited, decreasing with every transaction, it has a strong community, and CIFI is listed on first-class exchanges. There will be many use cases in the game. So Citizen Finance is for sure an installed and great job.

To learn more you can follow at:

Official website: https://citizenfinance.io/

Whitepaper: https://docs.citizenfinance.io/

Discord: https://discord.com/invite/xqNxf63sHx

Medium: https://medium.com/@citizen_finance

Reddit: https://www.reddit.com/user/citizenfinance

Telegram: https://t.me/citizen_finance

Twitter: https://twitter.com/citizen_finance

written by :

BTT : tammao96

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2860957

My BSC wallet: 0x6856BdB4144436C59201760a424723B60590D950