Elrond City aims to build a community, along with its economy, that will leverage NFT/SFT technology as digital real-estate, and, more generally, proof of ownership of virtual items. The end goal would be for Elrond City to be owned and governed by its users, while providing different services and entertainments.
When the game will be released, users will need to change their inventory between events to stay as competitive as possible with other players. In order to reduce payments of marketplace fees and royalties, the Agora will allow them to propose trade offers between Elrond City NFTs.
The Tokenizer is a way for users to create crowdfunding offers to tokenize NFTs. By pooling their money together, users are able to better diversify their NFT portfolio, and access rarer and more expensive items. Tokenized NFT can be traded and divided like any ESDT token.
By owning $ECITY, holders participate in the management of the project's funds called the City Wallet, and are eligible for rewards. Together, $ECITY holders make decisions about the investments they want to make using the funds in the wallet.
By owning Elrond City NFTs you can earn $ECITY both passively and actively.