Citizen Finance

April 29, 2021

Citizen Finance

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.

Citizen Finance offers multiple use case of in-game assets
1. Play
Use in-game assets to play Meta City FPS game

2. Trade
Exchange your in-game asset to other cryptocurrency on secondary marketplace

3. Stake
Stake your unused in-game assets on decentralized pools to earn CIPHI

4. Collateral
Use your in-game assets as collateral to borrow funds from lending protocols

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

Till date, one of the most prominent problem in the traditional video gaming industry is denial of property right 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. What they can do with the asset is limited to the utilities of the game. The player lacks true control of their assets, can not derived income from it and also can not dispose it.

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

Citizen Finance Features
BINANCE SMART CHAIN
First Person Shooter
Extended Reality
Non-Fungible Token

ABOUT THE GAME
Welcome to Meta City, a place where FPS meets NFT with a touch of DeFi. Meta City is a First Person Shooter where players battles for survival as they travel across the conquered districts of Meta City, building up their bunker with collected in-game assets, defeating the enemy and helping the government reclaim conquered districts.

LIMITED ASSETS
Unlike traditional FPS, Meta City has limited number of in-game assets in which players can purchase from the primary store. Players will only be able to purchased weapons and other items not available on the primary store from players who will put them up for sale on the secondary store.

NFT AS IN-GAME ASSETS
Blockchain-enabled concept which gives players full control of their in-game assets. Players can freely deposit and withdraw items in and out of the game without restrictions.

Purchase weapons with high class and rarity to battle aliens, withdraw them for staking or trade them or secondary marketplace.

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

PLAY BATTLEFIELD
Team up with your friends for an action-packed multiplayer adventure. Be a part of Metro district brave soldiers and reclaim your city from invaders.

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

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

Specification
Name: CIPHI
Symbol: CIFI
Network: Binance Smart Chain
Decimal: 18
Type: Utility and Governance
Supply: 500,000

Distribution of 10% Fees
2% Team Wallet
4% Voluntary Developers
4% Reward pool

Distribution
Mining (88%): 370,000
Presale (10): 50,000
Liquidity(1%): 25,000
Team (10%): 50,000
Airdrop & Bounty (1%): 5000

Liquidity will be locked for 6 months
Team token will be distributed in stages. 10% will be distributed in the beginning while 90% will be locked for 12 months. After lockup period, 5% of Team token will be released monthly.

Mechanism
Ciphi token can only be obtain through staking of in-game assets on decentralized pool and through liquidity mining. Users who provides liquidity on decentralized exchange are rewarded in CIFI token after staking their LP.

Deduction
Whenever a player initiates an harvest, 90% of their Reward is sent to their wallet while 10% is deducted from their harvest.

Roadmap
Q1 2021
Launch of website v1
CifiPowa beta release
Airdrop & Bounty
Release of Meta City Pre-Alpha (PC)
Q2 2021
Platform
Presale
NFT distribution
Listing
Santa Fe
CIFI-BNB LP Pool
CIFI-BUSD LP Pool
Citizen Pool
CifiPowa
Launch of Registry
Marketplace
More development to editor
Meta City
Internal Release of Blockdown District (alpha)
Internal Release of Merchant District (alpha)
Internal Release of Norse District (alpha)
Internal Release of Port District (alpha)
Internal Release of Battlefield (Multiplayer)
Support for NFT as in-game Asset
Pow XR
Development of beta version
Q3 2021
CifiPowa
Support Auction-style
Multiple Minting (ERC1155)
More development to CifiPowa
Meta City
Public Release of Blockdown District (alpha)
Public Release of Merchant District (alpha)
Public Release of Norse District (alpha)
Public Release of Battlefield
Reward Pool
Internal Test of SaaVC
Pow XR
Public Release of Beta version