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What is Citizen Finance? The whole series about Project Citizen Finance

 


In just a short time, the Defi space has expanded and grown non-stop. In the current Defi world, users can not only borrow and transact but also save money at an interest rate that is always optimized over traditional markets.

However have you ever heard of real ownership of property in the game? That is the product Citizen Finance will provide you. Invite everyone to read about Citizen Finance through the article below.

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, Citizens 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


Blockchain technology has enabled some games introduced true ownership of in-game assets but the utilities for this new concept is still small and has no real impact in the industry. Citizen Finance will be introducing new concepts and utilities for in-game assets using blockchain technology

Highlights of Citizen Finance!

With Citizens, s players the option to withdraw their unused in-game assets (non-fungible token) and stake on decentralized pools where they can earn Ciphi (CIFI) token. This mechanism will result to frequent withdrawals and deposits in and out of the ecosystem in which users will spend a lot of gas fee. Adopting a blockchain with less gas fee and fast transaction.

Citizens is introducing something new into the utilities of in-game assets. They decided to adopt the Binance smart chain network because it is easy to understand, low cost gas fee, fast transaction and also similiar to the Ethereum blockchain.

Token Citizen Finance


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

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