What is Cyclops Finance?
“Cyclops Game is also known as Cyclops Finance, it is a Hybrid DeFi project that is focused on developing highly customizable blockchain solutions for gaming.”
Cyclops Game is also known as Cyclops Finance, it is a Hybrid DeFi project that is focused on developing highly customizable blockchain solutions for gaming.
Our technologies combine the concept of DeFi yield farming and assets identity representation through NFTs to develop a hybrid decentralized gaming platform.
Our Hybrid decentralized gaming platform allow decentralized games to be developed on the blockchain with ease but not just that, it also serves as a layer 2 bridge for conventional games making it possible for such games and/or platforms to hybridize and interact with the blockchain.
With this, conventional games will be able to easily migrate and become semi-decentralized. Cyclops Game operates using a dual token system, these tokens have their unique use and dependencies, they are:
Cyclops Treasure (CYTR)
CYTR is the platform’s Governance token. Holders of this token are sort of, Shareholders in Cyclops Game, they are entitled to a portion of the entire earnings of Cyclops Game.
Holder also have voting right. They also benefit from discounts, bonuses, early access and additional periodically distributed rewards. Holders of this token also have a say on how the allocations of the second token are released.
This token is very scarce as the total supply is just 1000.
In addition to all these, the CYTR token is also the only currency used for trading on the Hephaestus workshop.
Cyclops Currency (CYCR)
CYCR is the platform’s rewards token.
Holders of this token can stake this token and receive rewards. With the governance of CYTR, CYCR will be implemented in the staking of other DeFi projects and also, other utilities will be developed around CYCR.
The total Maximum supply of this token is 16,000. The initial supply is expected to between 3000–4000. With the governance of the CYTR holders, the supply of the CYCR token is strictly controlled.
For now, Cyclops game is building its technologies on the Ethereum blockchain. We are also leveraging NULS/NerveNetwork technologies to achieving cross-chain interoperability.
In the future, Cyclops Game will have its own chain, a hybrid of DAG and conventional blockchain.
This will allow decentralized games and gaming platforms to run completely on the blockchain and will also incorporate bridging technologies to allow conventional ones to hybridize.
Token
Cyclops Game platform operate on its native token CYTR
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
Sales date: TBA
Conclusion
This is really just the beginning when the Game of Cyclops was first seen as the basis for a single game, the “Treasure of Cyclops” game.
The Treasure Island is one of the in-built games that will be featured on the platform, it is an adventure game where players fight their way through different obstacles and enemies to finally find the long-lost treasures.
This is a great project, the team is working very hard.
I believe the project will bring a good return. As the adoption of decentralized game solutions increases, this will inevitably be the trend in the future.
FOR MORE INFORMATION:
Websites: https://cyclops.finance/
Discord: https://discord.com/invite/dbuEXdm
Medium: https://medium.com/@cyclopsgames
Twitter: https://twitter.com/CyclopsFinance
Telegram: https://t.me/CyclopsFinance
Github: https://github.com/CyclopsFinance
AUTHOR:
sultan1984
https://bitcointalk.org/index.php?action=profile;u=2053255
Telegram username: @Tacil78
ETH: 0xe0D843e18Df2861E8c3Aa74F51b0FA2EFE1b63c8
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