Citizen Finance AMA Transcript

A multi-chain ecosystem powering the next generation of non-fungible token utilities

KDOT (BSC.NEWS):

Perfect, let me start theparty off with my first Q.

1. To start things off,what exactly is Citizen Finance?

Alexis |Citizenfinance.io:

Citizen Finance is amulti-chain ecosystem powering the next generation of nft utilities.Being developed by Early adopters of NFTs in 2017 and an indie gamestudio (Arvrse Studio)

Alexis |Citizenfinance.io,:

The platform consists ofan open world FPS game with NFT elements, a decentralized Financeprotocol with nft at the core and an immersive nft marketplace thatnot only enables artist creates and trade their artwork but alsocurate art exhibition with nft art in which views can be monetized.

KDOT (BSC.NEWS):

Thank you, so to clarify,you are building an NFT marketplace + a game?

Alexis |Citizenfinance.io:

Exactly with the option touse created artwork as collateral for DeFi

and also in-game assetsfor collateral

KDOT (BSC.NEWS):

ah ok and what does FPSstandard for? (first player?)

Alexis |Citizenfinance.io:

First Person Shooter

KDOT (BSC.NEWS):

oh, so the game is aboutshooting I assume? any teaser pictures?

Alexis |Citizenfinance.io:

There was a video from ourpre-alpha which was meant for testing game logics

let me get the link

KDOT (BSC.NEWS):

Perfect.

Alexis |Citizenfinance.io:

LINK

It was done on a testenvironment with characters for logic and mechanics testing anddebugging

KDOT (BSC.NEWS):

oh wow, so it’s not likethe game isn’t built, it’s actually a working product, just not outyet?

Alexis |Citizenfinance.io:

We have a pre-alpha with adummy mission to try game play and other mechanics. Although wedecided to halt its release to the general public while focusing ondeveloping alpha of the product

KDOT (BSC.NEWS):

Ok and the game, will itbe single player mode or online based to play with others around theworld?

Alexis |Citizenfinance.io:

Metalands (Previously MetaCity) is best of both single and multiplayer gameplay. Players candecide to take on the role of our main character in an open worldenvironment to complete the story or join with other players andclans for a action-packed multiplayer gameplay

KDOT (BSC.NEWS):

Amazing. So now we have ashooting mode game and you can play multiplayer. How does this fit inwith the NFTs? Is it like NFT loot drops?

Alexis |Citizenfinance.io:

All in-game assets,skills, customizations, and bunkers are all blockchain NFTs. Playerscan withdraw their in-game assets out of the game as NFTs, which theycan trade on CifiPowa or stake on Santa Fe

also, in-game drops arealso NFTs

KDOT (BSC.NEWS):

oh wow! This soundsamazing!!

So with all this going on,being able to sell ur in-game assets etc leads me on to my next Q

2. Can you tell usabout your token $CIFIand the many uses it has?

Alexis |Citizenfinance.io:

CIFI token with itsmaximum supply of 500,000 is the main currency of Citizen Finance. Itfuels the ecosystem governance system and its applications utilities.

The currency can be usedfor;

– Payment for NFTspurchased on Cifipower

– Minting of NFT items(Free for erc721)

– Gallery registration(Free for erc1155)

– Exhibition views

– Credit purchase for PowaX

– Advertisers payment

– Weapon skin crafting

– Tokenized Art

– Governance

– In-game purchase

– Lending

– and others (as soon aswe release them)

KDOT (BSC.NEWS):

a big list i see :)Something stands out here ‘Lending’

What is meant by this?

Alexis |Citizenfinance.io:

users will be able to lendCIFI out on Santa Fe

KDOT (BSC.NEWS):

Right ok, So can youexplain what Santa Fe is? 😀

Alexis |Citizenfinance.io,:

Santa Fe is adecentralized finance protocol with NFT at its core. It enables usersto borrow funds using NFT as Collateral and also enables Nft Stakingto Earn erc20 tokens.

KDOT (BSC.NEWS):

oh wow this is superinteresting, how does it put a price tag/value on an NFT?

Alexis |Citizenfinance.io:

That is where ourtokenized art comes in…users will be able to lock CIFI againstassets using our tokenized art smart contract. The platform willmeasure the assets with the locked value instead. This is going tosolve the liquidation problem of NFTs as it can easily be liquidatedto obtain the locked value

KDOT (BSC.NEWS):

Right, we are 2 Qs in &only started & my mind is blown.. so let me just lay it all out.

We have a FPS Game whichallows you to sell your in-game ‘items’ as NFTs meaning everything istradable with value.. You can then also put up your NFTs up forcollateral and borrow funds & CIFI has a big list of use cases..this all correct?

Alexis |Citizenfinance.io:

affirmative

KDOT (BSC.NEWS):

mate, this is amazing!

OK let me move on to thenext Q

3. Is their currentcompetitors out there on the market right now with a working productblockchain based?

Alexis |Citizenfinance.io:

There is currently nocompetitor except for the NFT marketplace in which we have a solidadvantage over all NFT marketplace currently in existence

KDOT (BSC.NEWS):

I knew there was a reasonmy mind was blown! honestly this is exciting, esp as i have aninterest in gaming + NFTs!

Alexis |Citizenfinance.io:

then you are welcome tojoin my Clan on metalands

KDOT (BSC.NEWS):

haha I’m down for that!

i’ll be testing it afterwe finish up here!

8. I saw that POWA X issaid to bring our collectibles to life using extended reality? Canyou explain more about what this is?

Alexis |Citizenfinance.io:

of course

Almost everyday, we see anew NFT marketplace being released on BSC with “Cheap gas Fee”as their selling point. Now there are other blockchain with cheap gasfees which are gradually taking the space BSC currently fills forEthereum shortcomings. All Marketplaces currently offer the samefeatures, Create, Buy and Sell. Have we asked ourselves the use caseof those artwork we purchased as NFTs and how they can rival theirtraditional counterparts?

CifiPowa immersivemarketplace is going to be different from all other marketplace.while offering the same create, buy and sell features, it will alsointroduced Powa X

Powa X is an immersivereality based application which integrates CifiPowa into its backend.The platform enables users to overlay their collected artwork intothe real world environment using AR technology. Users will not onlybe able to collect artwork, they will be able to interact with theartwork. They can make photos, videos and other interactiveexperience with the artwork

For Artist, it provides anew form of monetizing their artwork without selling it

Artwork can be used tocurate art exhibitions with no entry barriers. Anyone will be able tovisit the exhibition irrespective of your location while the artistcan decide to monetized views

The application ifavailable during the peak of covid19, would have saved lots of artand fashion businesses from complete shutdown as they will be able todigitize their gallery and curate virtual exhibition

In order to become a worldstandard, Citizen Finance has joined VRARA, a world Immersivetechnology association with leading tech companies like Sony,Microsoft, BOSCH, Apple, HTC VIVE, Facebook, Samsung and many others

we plan on using theassociation to push out …NFT + AR technology to the wider world

KDOT (BSC.NEWS):

Amazing! so let me justput in some Side Qs here

I love how innovative youand your team are and not just doing the standard, it’s reallyamazing actually!

So, with all thisexcitement you’ve built here, when will this be ready?

and 2nd side Q: How willVRARA help you?

Alexis | Citizenfinance.io

70% of Powa X is fullyavailable…we recently added the support for GLB and some other 3Dmodels (not just image files). We are working on credit system whichwill enable user purchase credits to view monetized exhibition andartist or event organizers to withdraw their credits. Credits canalso be earn through interaction with immersive ads and treasurehunting.

Powa X beta version shouldbe up this month but users will be able to start building theirgallery from this week on CifiPowa

VRARA is a worldassociation with nearly all big companies working on Immersivetechnologies. We believe the future of work, business, medicine andother sector is in Immersive technologies. Powa X will be able to getexposure from VRARA workshop and seminars, we will have theopportunities to present our application to more than 4000 membersand world events. We also get to collaborate with other XR projectsas well as first hand information on new updates

We were supposed topresent on Facebook Spark lab June 20 but we had to turn it down dueto the fact that we are still developing

KDOT (BSC.NEWS):

amazing!

So my next Questions is

Lets discuss the team &background.. Can you give us your background within Citizen Finance &what is your expertise

Alexis |Citizenfinance.io:

I am Alexis, founder ofCitizen Finance and Product owner of CifiPowa. As a technophile. Ihave always pay attention to and investing in emerging technologiessuch as Augmented Reality, Virtual Reality, Artificial Intelligence,Blockchain and NFTs. I started investing and studying crypto before2017 as an individual investor and I am proud to be among the earlyadopters of NFTs in 2017/2018. I devoted myself to the cryptocurrencyindustry in 2018, worked with different big projects before  CitizenFinance

Our team started as afreelancer indie studio (Arvrse Studio). As a diverse team located inalmost 5 continents, we have worked with different AAA title games(MoA protected for mentioning names) as freelancers while some evenrepresented their nation in game jam. Our tean has years ofexperience working with Unity and Unreal Engine and we haveonboarding blockchain develpoers from China and Japan with at least 5years experience

I coordinate development(CifiPowa and Santa Fe) as well as contribute to solidity programming

KDOT (BSC.NEWS):

thank you for that indepthanswer! i like that ur able to talk the talk an walk the walk 😀

10. Where do you seeyour project 5-10 years down the road?

Alexis |Citizenfinance.io:

in 5-10 years, we plan toamong world leaders championing mass adoption of immersive technologyand NFTs in gaming. We should be providing service to at least 10% ofthe 55,000 museums in the world as well as art galleries andindividual artist.

KDOT (BSC.NEWS):

Amazing! Thank you!! iknow i’ve taken up alot of your time but honestly just a few moreleft and then we can move onto the community Qs

KDOT (BSC.NEWS):

For people to play thegame and sell NFTs etc, will it be only avail to BSC users or willyou be cross-chain?

Alexis |Citizenfinance.io:

As a multi-chain platform,we are not limited to BSC alone…..BSC marketplace will be releasethis week and Polygon will follow

we plan on launching atleast 3 chains this month including Solana

Powa X and Metalands willsupports all chains

KDOT (BSC.NEWS):

Perfect, I feel you’vecovered a huge amount today, is there anything you’d like to add orany exciting news you’d like to break here?

Alexis |Citizenfinance.io,:

Thank you….We will belaunching the NFT marketplace on BSC this week which will enableusers create their own NFT and trade it. NFT can be a single item onour default gallery or users can create their own gallery.

Note:NFT created on default public gallery will not be available on PowaX, you need to have your own gallery to showcase your items.

We also currently have anactive farm on Superlauncher where users can stake CIFI-BNB LP toearn CIFI and NFT

KDOT (BSC.NEWS):

Amazing! can you alsoshare your socials and website please.

Alexis |Citizenfinance.io:

Citizen Finance

A multi-ecosystem withsupport for gaming, nft marketplace and decentralized finance.

Alexis |Citizenfinance.io, [Jun 13, 2021 at 9:43:19 AM]:

Website

App

Telegram

Twitter

Discord

Reddit

Medium

KDOT (BSC.NEWS):

Thank you!

Thanks so much for comingon today, we really appreciate it and it has personally got meexcited too 🙂

‍This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.

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