Get the Native token of Citizen Finance to explore The emerging Blockchain Technology

Citizen Finance is an amazing revolution to the 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.

What is Blockchain technology?

Citizen Finance will be introducing new concepts and utilities for in-game assets using blockchain technology. Blockchain technology is a structure that stores transactional records, also known as the block, of the public in several databases, known as the “chain,” in a network connected through peer-to-peer nodes. Typically, this storage is referred to as a ‘digital ledger. Blockchain technology has enabled some games to introduce true ownership of in-game assets but the utilities for this new concept are still small and have no real impact on the industry.

Native token

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

Use of Ciphi Token

● Payment method for in-game currency

● NFT minting fee on CifiPowa

● Auctioning of NFTs

● Fees for PowXR

● Governance

● Publisher’s payment for in-game ads

● and many more.

Mechanism

Ciphi token can only be obtained through liquidity mining and staking of in-game assets on a decentralized pool. Users who provide liquidity on the decentralized exchange are rewarded in CIFI tokens after staking their LP.

Deduction

Citizen Finance adopts a deduction mechanism whenever a player/farmer initiates a harvest. 5% of rewards is deducted and sent to the Treasury while the player/farmer receives 95%.

How to get Ciphi?

● LP mining

● NFT Staking

● Game Play

● Purchase

Specification

● Name: CIPHI

● Symbol: CIFI

● Network: Binance Smart Chain

● Decimal: 18

● Type: Utility and Governance

● Supply: 500,000

Distribution

● Mining (75.875%): 379,375

● Sales IDO (10): 50,000

● Liquidity(3.125%): 15,625

● Team (10%): 50,000

● Airdrop & Bounty (1%): 5000

What differentiates CifiPowa from other Editors?

CifiPowa is a web-based editor that enables artists to create and modify artwork, mint them into their own registry or CifiPowa registry and also put them on sale using an auction or fixed price. Cifipowa can be seen as a one-stop editor for everything Art.

Reward & Buyback

Monetary Incentives

In order to motivate committed players of Meta City, Citizen Finance will be rewarding players with the Ciphi token. Players will be able to convert their in-game currency to a Ciphi token at the ratio of 1 meta = $0.01 worth of Ciphi token.

Buyback & Burn

To create more value for Ciphi token, Citizen Finance will carry out a monthly buyback using 20% of the profit from the primary in-game store until more than 50,000 CIFI tokens are completely burnt. 50% of the token purchased will be burnt while the other 50% will be sent to the reward pool.

What are Citizen Finance Applications?

Citizen Finance applications can be seen as different layers of the citizen finance ecosystem. Every application is linked to another, together a multi-functional ecosystem will be created.

Citizen Finance helps to explore the latent opportunities in blockchain Technology by creating gaming finance with its native tokens. One of the most prominent problems in the traditional video gaming industry is a denial of property rights when it comes to in-game assets. Players are not the true owners of their in-game assets even if they had purchased it with in-game currency which in turn was purchased with fiat currency.

Hashtags : #citizenfinance, #nft4fps #nft4XR #cifipowa #metacity #gamefi #citizens #cifi #defi #ciphi #bsc #blockchain #ownership

Contact With Us:

Web : https://citizenfinance.io
Twitter: https://twitter.com/citizen_finance
Whitepaper: https://docs.citizenfinance.io
Telegram: https://t.me/blockmembers
Linekdin :https://linkedin.com/company/arvrseco
Medium : https://medium.com/@citizen_finance

Authorship

BitcoinTalk username : nerobmon130
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2578561
BEP20 Wallet address : 0x64F07a07bcd2476ca02EE8BA2d9b3D7368d07e9a