Review Satoshi City ($CITY) – Build your own city of dream
Imagine not just owning a piece of land, but also being able to do anything in your kingdom. That sounds fascinating, doesn’t it? Satoshi City is a platform where you can build your empire and become a legitimate king.
What is Satoshi City?
The SatoshiCity would initially run on a linear timeline starting 9000 BC possessing dragons, barbarians, Old Gods, and Pharaohs to 3060 AD where we feel humanity would go intergalactic. We want you to make your kingdom and make the world according to your imaginations: Own the land, start your empire, create parallel history, win world wars, become a superpower and create your ideal kingdoms; and embark your legacy upon others.
The SatoshiCity platform enables a virtual world where users can buy, sell, rent, collect, and curate pieces of virtual land in the form of non-fungible tokens. The platform will collect fees for all those actions, which will be converted to $CITY tokens. CITY is the core utility token of the SatoshiCity.world platform. The fixed-supply token will operate on the BSC network, compliant with the BEP20 token standard.
The platform will enable several functionalities, including a maker/taker model for fees, lending and borrowing with land/storefront NFTs as collateral, and decentralized fair price discovery. Users will be able to upgrade their land on multiple levels by staking CITY tokens. SatoshiCity.world will distribute incentives to liquidity providers, Governance, and platform participants. The platform’s Reserve will reward users, contributing by building on public land.
The SatoshiCity also provides a fascinating concept of Legendary Leaders. Each leader comes with unique supercharged attributes that are pivotal during the game. Genghis Khan helps increase your attack power and leads your army in battles, while Einstein helps in increasing the science output of your district and helps unlock new tech levels faster for your kingdom. Any user can buy them on the platform and use them as tradable liquid assets.
Outstanding Features
What is the project trying to achieve?
The SatoshiCity would initially run on a linear timeline starting 9000 BC possessing dragons, barbarians, Old Gods, and Pharaohs to 3060 AD where they feel humanity would go intergalactic. They want you to make your kingdom and make the world according to your imaginations: Own the land, start your empire, create parallel history, win world wars, become a superpower and create your ideal kingdoms; and embark your legacy upon others.
What is the unique selling point?
The SatoshiCity.world platform is a virtual world, enabling users to perform the following actions:
- Purchase pieces of virtual land in the form of NFTs
- Sell pieces of virtual land
- Rent virtual land
- Curate NFTs
- Build new features on the public virtual land
- Participate in virtual events
The platform will collect fees for all those actions. A portion of the land will be reserved for the city itself. The platform will offer grants to independent 3D artists (collaborators/builders) for building amenities on the platform-owned land.
SatoshiCity.world will also allow users to pay a single fee and participate in virtual events held by the platform.
The SatoshiCity also provides a fascinating concept of Legendary Leaders. Each leader comes with unique supercharged attributes that are pivotal during the game. Genghis Khan helps increase your attack power and leads your army in battles, while Einstein helps in increasing the science output of your district and helps unlock new tech levels faster for your kingdom. Any user can buy them on the platform and use them as tradable liquid assets.
-
Satoshi City
Acquire Land
Humanity has seen the rise and fall of many great empires. From the great Mongols to the powerful Sultans; from the prosperous Han dynasty from China to ever benevolent Mauryan Kings of India; from the mighty Imperial British to the great Democratic America manifesting its destiny.
One resource that has ruled them all has been LAND. Behold my king for the land is scarce and would decide your fate in this Metaverse as well.
Build Your Empire
What truly differentiates a king from a Lord is how well they grow their empire. While the ultimate goal is to go light-fold into a peaceful intergalactic META future, the journey is not going to be that easy. Scale your kingdom, build powerful armies, train your spies, educate your masses, start a religion, adopt social policies, use diplomacy to maintain good relations with your neighbors, or maybe crush them and acquire their land.
While leading an empire is fun in itself, we intend to reward our META rulers with SCITY tokens for every task done based on “proof of effort” and community voting.
Upgrade Your Assets
$C1TY tokens are used as a native currency for the platform for players. Users can stake their tokens to access legendary avatars, access META wargrounds, get discounts on in-game purchases, upgrade their kingdom, and all this while still making passive income for themselves. Each Landowner becomes a validator on the platform.
Unlock Legendary Fader
Legendary Leaders are the rarest resource in Satoshicity and each comes with its own unique supercharged attributes that are pivotal during the game.
Genghis Khan helps increase your attack power and leads your army in battles while Einstein helps in increasing the science output of your district and helps unlock new tech levels faster for your kingdom. Farm them all and use them as tradable liquid assets on the platform.
Lending and borrowing
The platform will also offer, lending and borrowing with land/storefront NFTs as collateral. The lending solution follows industry-standard functionalities of pooled lending and a dynamic, curve-based interest rate based on the lending pool’s current utilization. Users who already purchased virtual land on the platform (borrowers) can deposit their NFTs in a lending pool. On the flip side, lenders deposit stablecoins in the lending pool. Initially, only loans in stablecoins will be made available. However, other currencies can be added later on. Lenders receive interest rates on their deposits as per the utilization curve.
Roadmap
-
Satoshi City
Technical Data
Token Metrics
- Token Name: SatoshiCity
- Ticker: CITY
- Blockchain: BSC
- Token Standard: BEP20
- Contract: Updating…
- Token Type: Utility, Governance
- Total Supply: 550,000,000
- Circulating Supply: Updating…
Token Allocation
-
Satoshi City
Token Sale
Updating…
Token Release Schedule
For a more in-depth token release schedule: Click Here
Token Use Case
CITY is the core utility token of the SatoshiCity.world platform. The token is structured as a fixed supply token with core functions being:
- Purchase of goods, avatars, build armies, and avail services on the platform
- Staking for additional discounts and land and kingdom upgrading
- Rewards distribution for liquidity providers, users participating in system governance, users making purchases on the platform, and contributors, building on public virtual land
- Governance of the platform
-
Satoshi City
Market and Community
Market
Non-fungible tokens, or NFTs, are blockchain-based digital assets with unique characteristics used to represent items such as photos, videos, audio, and other types of digital files. The difference between conventional cryptocurrency tokens non-fungible digital assets is that the latter cannot be changed for another.
Since 2020, the market value of NFTs has grown more than three times. CoinMarketCap shows that the combined market cap of major NFT projects, including Decentraland, Enjin, Theta, Chiliz, reached almost $28 billion in September 2021.
The SatoshiCity.world platform enables a virtual world where users can buy, sell, rent, collect, and curate pieces of virtual land in the form of non-fungible tokens.
Community
Backers
Team
-
Satoshi City
Partners & Investors
Verdict
Satoshi City is a platform where you can build your empire and become a true king. One advantage is that this project is built on Binance Smart Chain, which is the hottest blockchain at the moment. With a very strong backer and a great concept, there is no surprise if Satoshi City becomes one of the trending projects.
Find more information about Satoshi City:
Website: https://www.satoshicity.world/#city
Whitepaper: https://satoshi-admin.gitbook.io/satoshicity.world/whitepaper
Pitch Deck: https://docsend.com/view/i3szu5dm5kvgw9w6
Twitter: https://twitter.com/CitySatoshi
Telegram: https://t.me/SatoshiCity
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
VinceH
Coincu Ventures