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Author Topic: Cyclops Game Review (Decentralized gaming and NFT Ecosystem)  (Read 1299 times)

Offline rezanahvi

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Cyclops Game Review (Decentralized gaming and NFT Ecosystem)
« on: January 04, 2021, 11:27:14 AM »
Cyclops Game Review
Decentralized gaming and NFT Ecosystem


Introduction
The Non-Fungible Tokens (NFT) industry has recently attracted a lot of attention. But what is the purpose of this industry? For most of 2020, Decentralized Finance (DeFi) has been the focus of the digital currency community. This has increased the likelihood of the start of a new season for Altcoins, and many believe that in the next 3 to 10 years, the Defy domain will be widely accepted. However, other areas have also been considered in the digital currency space.

A unique token, or NFT, is a rare and unique digital asset on the Chinese blockchain. Computer game items, collectibles, digital artwork, tickets to various events, domain letters, a house that is a token and can be considered as a non-token.

In addition to the boom and bust of projects in the field, Non-Fungible Tokens have been accompanied by record-breaking sales, including the $ 130,000 sale of a work of art depicting the Bitcoin code. These factors have led to the entry of celebrities into the realm of unparalleled tokens, which has attracted a lot of attention. For example, American model and actress Paris Hilton sold a digital painting of a cat in August for 40 atriums. At the time, that was $ 17,000. But what exactly are proverbial tokens and why are they so appealing?

As mentioned earlier, non-recurring tokens represent irreplaceable assets. In appearance, proverbial tokens are similar to other tokens. However, these tokens are indivisible unlike their counterparts, meaning that sending a fraction of a non-static token is not possible for non-static tokens as it is for digital currencies such as Bitcoin. You can send, for example, 0.001 bitcoins, but the token token is only transmitted as a whole unit. In addition, these tokens have unique features that distinguish them from other types of tokens and even from each other.

Unparalleled tokens can be used to represent a variety of assets, including virtual collectibles, video game items, digital artwork, event tickets, real estate and other tradable assets. This provides a wide range of possibilities for real and digital assets, including easy transfers and proof of ownership. Unparalleled tokens can also help solve many common problems in different industries. In addition, proverbial tokens can help artists such as musicians and filmmakers to record their work and protect it from copyright infringement. These projects can even improve artists' income and make it easier to earn by creating a direct connection between artists and customers through blockchain-based payment and exchange solutions.


Triangular tokens and the gaming industry

Unparalleled tokens are also very popular in the gaming industry. By using this technology and tokenizing in-game items, the exchange and transfer of these items can be facilitated. For example, unique tokens can be used as in-game items as payment currencies and can be transferred or exchanged without the need to trust the seller / buyer or a third party. This technology can also be integrated with existing games or used to create completely new games.

Unparalleled tokens not only enhance the gaming experience and make it more tangible and attractive, but also create a new economic system in the gaming world that allows players to make real money from the time they spend playing. This feature also allows developers to create new incentive systems for their games.


Cyclops Game
Cyclops Game, also known as Cyclops Finance, is a DeFi hybrid project based on the Ethereum blockchain that focuses on developing customizable blockchain technology. The project is based on displaying asset identity using non-proxy tokens with the aim of creating a hybrid decentralized gaming platform. The Cyclops Game hybrid platform makes it easy to create decentralized blockchain-based games. Cyclops Game also acts as a layer, layer 2 for regular games, allowing games to be retrieved and interact with the blockchain industry. In short, Cyclops Game provides a platform to use the capabilities of blockchain technology for games or operating systems, so that ordinary games can easily take advantage of the capabilities of blockchain and semi-centralized, as well as the possibility of earning money. Provides efficient gaming assets. Because Cyclops Game Dapp runs on a blockchain platform, it is very secure, reliable, efficient, and anyone can easily buy and own game assets. These assets include NFT game characters, pets, game weapons and more.


Hephaestus Workshop
The game platform will be provided with Hephaestus Workshop, which is actually the center of the NFT. This feature allows players to have their own game assets. For example, these assets can be game characters, pets, weapons, and so on. The existence of these game assets is very important for the performance of the Cyclops Game platform. Players can use their assets to successfully complete tasks as well as receive motivated rewards. Hephaestus Workshop also allows players to customize NFTS and easily sell their assets in the ecosystem.

Hephaestus Workshop v1 (current) allows users to access and invest in Treasure Island game assets. Users are free to trade these assets. Because the value of these assets is linked to a price-demand curve, they are non-tradable. Of course, as the purchase of any asset increases, so does its price. This feature allows users to keep their assets in the early stages and benefit from the native CYTR password. It should be mentioned that Hephaestus Workshop v2 will be released soon. Version v2 will include Marketplace and Factory. Using these new features with CYTR (Platform Native Token), network users will be able to easily create their custom assets and deploy them in the ecosystem. Also set up a personal mini-kiosk and trade these assets as a way to earn money.


Optimus Chain
As mentioned earlier, Cyclops Game is currently building and expanding its technologies on the Ethereum blockchain. The project also uses NULS / NerveNetwork technologies to achieve inter-chain interoperability. Of course, in the near future, the exclusive Cyclops Game blockchain, which is a combination of DAG and regular blockchain, will be launched. Cyclops Game's proprietary blockchain uses bridging technologies to combine common technologies. The Cyclops Game combination blockchain will allow decentralized games and operating systems to run entirely on the blockchain.

Introducing Cyclops Game (CYTR & CYCR) tokens
The Cyclops Game platform uses a dual token system called Cyclops Treasure (CYTR) and Cyclops Currency (CYCR). Each of these tokens has its own unique features and applications and is presented for a specific purpose. Of course, they also have common points, including the possibility of stacking both tokens. We will briefly discuss the applications of each of them below:

1-Cyclops Treasure (CYTR) - The platform’s Governance token

This token is used to distribute a portion of the total Cyclops Game revenue to shareholders. In fact, those who own the CYTR token are considered project stakeholders. Holders of a certain amount of CYTR enjoy special platform benefits such as bonuses, discounts, additional prizes, etc., they have the right to vote and through it can be involved in major project policies such as how to issue and allocate second tokens. . In addition, it allows players to go through the stages of the game and access specific game characters. It should be noted that the total CYTR supplement is limited to 1000 units.


2-Cyclops Currency (CYCR) - The platform’s rewards token

The CYCR token is used to reward the operating system. Holders of these tokens can earn money on the platform by stacking their tokens. CYCR Total Supply is limited to 16,000 units and is fully controlled. As mentioned earlier, this control is exercised through CYTR holders. According to the project website, the initial release of CYCR is expected to be between 3,000 and 4,000 units.


Asset Staking
One of the features of the Cyclops Game platform, which is unique, is the Asset Staking mechanism of this platform. This feature is a Real-use rewards system and gives property owners the opportunity to receive rewards by using game dApps. Staking pools available on the platform with the distribution of relevant prizes and their locking period can be summarized as follows:

1. Tournament Asset pool:
In this pool, users will be able to earn money by stacking their assets, which are in fact the characters of the game.


2. Block of Fame (BoF) pool:
This pool allows users to stack the tokens listed in the table below with a certain amount of profit and lock period. Users of the pool will also be able to vote for Famers.


3. Hephaestus Furnace Pool:
This pool allows users to stake uniswap liquidity tokens with the liquidity pairs specified in the table below.


Project team
With regards to the team project Cyclops Game, then there is a very strong core team.


Roadmap
The image below briefly presents the project roadmap. One of the highlights of the roadmap is the launch of Hephaestus Workshop v.2 in April. The exclusive Cyclops Game wallet will also be available at the beginning of Q2 2021.


Tokenomics
Cyclops Game Governance Token:
Token Name: Cyclops Treasure
Token Ticker: CYTR
Token Contract: 0xbd05cee8741100010d8e93048a80ed77645ac7bf
Total Maximum supply: 1000
Circulating Supply: 1000


Cyclops Game Rewards Token:
Token Name: Cyclops Currency
Token Ticker: CYCR
Token Contract: TBA
Total Maximum supply: 16,000
Circulating Supply: Estimated to be 4,200 at deployment

Official Resources:
Website: https://cyclops.game/
Discord: https://discord.com/invite/dbuEXdm
Media: https://medium.com/@cyclopsgames
Twitter: https://twitter.com/CyclopsFinance
Telegram: https://t.me/CyclopsFinance
Github: https://github.com/CyclopsFinance

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Cyclops Game Review (Decentralized gaming and NFT Ecosystem)
« on: January 04, 2021, 11:27:14 AM »

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Offline Jaephoenix

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Re: Cyclops Game Review (Decentralized gaming and NFT Ecosystem)
« Reply #1 on: January 06, 2021, 10:09:05 AM »
Decentralized Finance season and everyone and his pet cat are launching projects, and slapping DeFi on it. I would be attempting to point out the points to look out for in some DeFi projects, lets hope this one works out right

Offline sidik7

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Re: Cyclops Game Review (Decentralized gaming and NFT Ecosystem)
« Reply #2 on: January 10, 2021, 12:27:33 AM »
the platform is designed quite unique and friendly with several features that are offered, I'm also quite interested  in trading asset games freely, this will definitely make a new user feel a new sensation in the platform .

Offline MishaSER

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Re: Cyclops Game Review (Decentralized gaming and NFT Ecosystem)
« Reply #3 on: January 23, 2021, 11:33:25 PM »
I would like to know if it will be possible to play for free? It's just that now the gas price is high and not profitable. Thinking about switching to EOS?

 

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