CYCLOPS FINANCE: Claiming the Ownership of your Game Assets

Ever since the blockchain technology came, we have seen and witnessed the revolution it brought to different sectors of the world. Little did we know that it has power to redefine and revolutionize. I think the world should be grateful for the numerous solutions that this groundbreaking technology has presented.

Now one of the wonders of the blockchain technology is evident in the gaming industry. The gaming industry is regarded to be one of the most fascinating industries in technology because of the entertainment, cultural and technological advancement it brings.

It is an undisputed fact that gaming is now providing one of the most immersive and great people forms of entertainment to more than 2 billion people worldwide. The blockchain is not limited to crypto and finance as it has been fully utilized in the operations of other industries like environment, art, energy entertainment e.t.c

Decentralized Finance (DeFi), one of the recent trends in the blockchain/crypto space focuses on decentralization and uses enticing incentives or rewarding mechanisms to motivate investors to play along. DeFi uses non custodial financial products built around sustainable and highly rewarding crypto projects. DeFi protocols includes Yield Farming, decentralized lending, trading and lots more

Introduction to Cyclops Game               

Cyclops Game is also referred to as Cyclop Finance. It is a gaming platform that is targeted at creating games via blockchain technology. It is a hybrid DeFi project that aims to develop customizable blockchain solutions for gaming. The hybrid solution is deployed to manage the economy of a blockchain game and all the actual game mechanics on a central server as this gives players the opportunity to own the elements in a game.

The technology used to power Cyclops game is a combination of DeFi yield farming strategy plus assets identity representation through non-fungible tokens (NFTs) to create a hybrid decentralized gaming platform. Cyclops platform will employ the use of blockchain to develop decentralized games and also allows the incorporation of traditional games so that they can hybridize and interact with the blockchain thereby allowing traditional games to easily migrate and become partially decentralized.

The Cyclops platform will allow game developers to deploy and monetize their game assets easily and also allow community members to own game assets through decentralized game dapps and this will attract yield rewards.

Features of Cyclops Game

Hephaestus Workshop

The idea of this workshop is to have a customized central market factory for NFT game assets and custom NFTs. Currently, users have the opportunity to access and invest in Treasure Island game assets and in the nearest future, a version 2 will be available where users will be able to make use of CYTR to create and deploy their own custom assets.

The Tournament

?Cyclops Game plan in 2021 is to host the first of its kind blockchain tournament which will be available to all players around the world and the competition is going to be a virtual one. All the game assets that will be gotten on the Hephaestus workshop. After this event, the tournament game platform will be accessible to players to come up with their desired competitions, and the players will be the sole decider of how they want the competitions to be and also invite other players to join.

Block of Fame

Another exciting invention of the Cyclop Games is the Block of Fame program which is designed specifically for blockchain innovators and influencers. This program gives users the opportunity to vote for the most famous blockchain innovators based on the contributions of the innovator to the progress of blockchain technology. The voting system employs a voting system that is based on an incentive scheme to avoid bias voting.

Staking

This is one of the important features provided by cyclop game and as a matter of fact, other features are dependent on this particular feature. Staking on Cyclops game complements all the functions of other features of Cyclops game platform. Registered users will be able to stake their assets depending on their desired pool and will be rewarded with CYCR. There will be Tournament Asset pool, Block of Fame pool and Hephaestus Furnace Pool.

Optimus Chain

Currently, Cyclops game is built on the Ethereum blockchain and the platform is making use of NULS technology to achieve cross-chain interoperability. One of the future goals of Cyclops game is to have its own chain that will allow decentralized games and gaming platforms to run completely on the blockchain and also with great technologies operationalize traditional games to hybridize.

To make the Cyclops game platform all encompassing, the team decided to incorporate the Treasure Island as an inbuilt game and rewards from this game is referred to as Treasures and can be converted to CYTR or ETH after redemption.

 Cyclops Game Tokens

Cyclops Game Governance Tokens (CYTR) is the governing token that will enable holders to be involved in decision making and voting process of the platform. The CYTR has a total supply of 1000 tokens and holders will get benefits which include: having access to products, discounts and bonuses. CYTR is listed on HOTBIT and Uniswap exchanges.

Cyclops Currency (CYCR)

This is the game reward token of the Cyclops game and will be used to reward users on the platform. It is also used as staking reward. It has a total supply of 16,000.

Conclusion

Traditional games limitations have been conquered by Blockchain technology which has redefined the gaming industry through decentralization which has paved way for total transparency and gives players all over the world access to play games of their choice regardless of their location. It is not enough to play games but having the priviledge to create and own game assets is one of the best things that can happen to a gamer and this is exactly the incredible opportunity Cyclops game platform is offering to make you own and monetize your game assets.

You can get more information on Cyclops Game project if you click on these links:

https://cyclops.game/

https://twitter.com/CyclopsFinance

https://t.me/CyclopsFinance

https://www.youtube.com/channel/UCe8CeFKNLogKZ0XJm4fn18Q

https://cyclops.gitbook.io/cyclops-game/

https://medium.com/@cyclopsgames

https://github.com/CyclopsFinance

Author's Information

BTT username: Peace23

POA : https://bitcointalk.org/index.php?topic=5305069.msg56142082#msg56142082