Bitcoin Forum

Welcome to the Centz crowdsale powered by OpenLedger and its suite of crowdfunding solutions.

OpenLedger & Ronny Boesing presents Centz, a first of its kind crowdfunding offer that we are bringing to you through our platform CCEDK. We are revolutionizing the investment world through the crowdfunding method of the future. Centz is the first of many offerings that we have identified as being revolutionary and disruptive.

OpenLedger is helping not only the startup to reach its goals, but at the same time making sure all sponsors and investors are given the real-time updates allowing an ever growing belief in the project. This happens throughout the life of the project. OpenLedger is the lead investor, making sure that protocol and payments are done in strict according with published milestones.

WHAT IS OpenLedger
OpenLedger (https://www.openledger.info) started out as a decentralized exchange. It has now become a  decentralized conglomerate and has developed many businesses supported by recently revamped cryptocurrency exchange CCEDK. OpenLedger is a startup crowdfunding service provider, information exchange and ISO access point open to the public so anyone can participate in “deals of the future”. For the first time crypto investors of the world have the ability to get in front of the all the “professional”, “smart” money and reap the rewards that are usually reserved for a privileged few.

TRILLION DOLLAR GIFT CARD INDUSTRY ON THE BLOCKCHAIN

CENTZ - What we do

https://img-fotki.yandex.ru/get/199051/382271378.4/0_154df9_b3f98441_orig.jpg (http://www.centz.net/videos/CentzExplainer.mp4)

Click on the image to check the video

CENTZ - PREVENTING GIFT CARD FRAUD

https://img-fotki.yandex.ru/get/227342/382271378.4/0_155090_f505c3c1_orig.jpg (https://www.youtube.com/watch?v=DUlUbOl8spU&feature=youtu.be)

Click on the image to check the video

Centz - Use all your giftcards like never before

https://img-fotki.yandex.ru/get/196258/382271378.5/0_156853_d01599e6_orig.png (https://www.youtube.com/watch?v=GJ4Z6nWPvFw)

Click on the image to check the video

LINKS
WHITEPAPER (https://ico.centz.net/assets/files/Centz%20Whitepaper.pdf)
ISO WEBSITE (https://ico.centz.net)
MORE INFO DETAILS (https://ico.centz.net/assets/files/More%20Information%20Details.pdf)
PATENT FILING RECEIPTS (https://ico.centz.net/assets/files/Centz%20Patent%20Filings.pdf)

CENTZ AND THE BLOCKCHAIN
Centz will put every registered gift card identity and gift card balance on the universal gift card registery, which will be on the blockchain, providing total security and safety.

• First universal gift card register placed on the blockchain
• First time gift card identities are on the blockchain
• First time gift card fraud is eliminated

WHAT CENTZ DOES
Centz is a revolutionary fintech company that is going to first disrupt the worldwide $1 trillion USD dollar gift card market, and then change it in ways that have never been imagined.

WHY SHOULD INVESTOR CONSIDER CENTZ COINS AS AN INVESTMENT
Centz coins represent an opportunity for any individual to participate in a ground floor opportunity of a next generation of financial technology company.

• Participating in the Centz ISO allows you to invest in early rounds of funding, which up until now, has been the exclusive territory of the super rich
• Participating in the Centz ISO provides you with the largest outsized risk-adjusted returns compared to any investment
• Participating in the Centz ISO gives you access to institutional-quality equity offering online and in real time, truly the wave of the future
• Participating in the Centz ISO eliminates the historical minimum investment requirements for private equity deals
• Participating in the Centz ISO lets you become a venture capitalist

INTELLECTUAL PROPERTY
Centz has filed two patents that are groundbreaking and revolutionary that protect our business model and creates unique blockchain encryption security to prevent gift card fraud and money laundering. Centz is poised to file three additional patents that will secure additional IP that surrounds and extends our core technology.

ISO TIER PRICING AND BONUS SCHEDULE
TO BE ANNOUNCED

CENTZ TARGETS LARGEST EMERGING DEMOGRAPHIC MARKET
By 2020, millennials will represent over 75 percent of total income growth globally. In addition, millennials will be approximately 30 percent of the population in the US, Europe, and China. And they will have 40 percent of income, making them a critical segment to capture for retail brands.

• Centz solutions capture the largest segment of this dynamic market with our mobile wallet
• Centz delivers relentless customer service second to none
• Centz utilized both implicit and explicit data to tailor the entire web and mobile user experience
• Centz is building a energized customer base that will engage in recurring transactions
• Centz provides outsourced fraud management so retailers can focus on growing their business

WHAT IS A CENTZ COIN & WHAT ARE IT’S SPECIAL RIGHTS
Centz coins are an asset backed by the class A common shares of CENTZ common stock and will have a yearly dividend payment.

DISBURSEMENT OF PARTICIPATING REVENUE
All revenue payments will be made by OpenLedger thru their platform CCEDK and will be to registered owners of CENTZ tokens on the anniversary date of the closing of the ISO.

MINIMUM THRESHOLD: $2 MILLION USD
Should the crowdfunding campaign fail to reach its minimum capital goal of $2 million USD, then all funds will be returned.

DISPERSEMENT OF FUNDS - ESCROW
All funds will be dispersed according to the milestone timeline and be administered by OpenLedger using a multi signature wallet administered by three people.Ronny Boesing, CEO OpenLedger, Ronald Kramer, Chairman Bitshares Foundation and one more minimum coming up to be disclosed prior to start of crowdsale

ISO FUNDS REFUND
If the minimum amount of $2 million USD is not raised, then all funds will be returned.

FOUNDERS LIQUIDITY
The founders of CENTZ will hold no tokens and thus have no ability to profit from the ISO in any way. The founders are committed to building the next mega sized business, such as Facebook, Uber & Airbnb.

CENTZ IN THE MEDIA:

How to invest in the ‘Centz Gold Bucks’ Token Crowd Sale (https://ihb.io/2016-11-16/news/heres-how-you-can-get-centz-gold-bucks-28998)

Blockchain Startup Centz Goes After Billions in Breakage (http://www.maxkeiser.com/2016/11/blockchain-startup-centz-goes-after-billions-in-breakage/)

Making Centz of this Crypto Crowdsale @GetCentz (http://www.maxkeiser.com/2016/11/making-centz-of-this-crypto-crowdsale-getcentz/)

This start up is about to revolutionize how billions in retail dollars are spent (https://bitcoinira.com/news/2016-11-09/can-centz-make-obsolete-gift-cards-next-big-cryptocurrency-2133)

Disruptive 'Crypto' Startup Centz Eyes $160Bn Gift Cards Market (http://www.forbes.com/sites/rogeraitken/2016/10/25/disruptive-crypto-startup-centz-eyes-160bn-gift-cards-market/)

Centz Vows to Give You Control of Your Gift Card Money Via OpenLedger ICO at Money 2020 (http://bitcoinprbuzz.com/centz-vows-give-control-gift-card-money-via-openledger-ico-money-2020/)

Centz Gift Card Service to Host ICO on OpenLedger (http://bitcoin.xyz/centz-gift-card-service-host-ico-openledger/)

GIFT CARDS IN THE NEWS:

The Idiot's Guide To Laundering $9 Million (http://www.forbes.com/sites/laurengensler/2017/01/11/gift-cards-money-laundering/)

Gift Card Fraud: Part of a Growing Trillion-Dollar Global Epidemic (https://letstalkpayments.com/gift-card-fraud-part-of-a-growing-trillion-dollar-global-epidemic/)

Blockchain 'Crypto' Crowdfunding Phenomenon Primed For Industry Disruption & Beyond (http://www.forbes.com/sites/rogeraitken/2016/12/17/blockchain-crypto-crowdfunding-phenomenon-primed-for-industry-disruption-beyond/)

Giant Food Sees Giant Card Fraud Spike (https://krebsonsecurity.com/2016/04/giant-food-sees-giant-card-fraud-spike/)

Gift card exchange site draws scrutiny as bad cards trip up consumers (http://www.chicagotribune.com/bluesky/originals/ct-raise-gift-cards-fraud-bsi-20161123-story.html)

BOUNTIES
A % of the ISO is reserved for or early-stage marketing and bounty campaigns which will be distributed to everyone who contributes to the CENTZ ISO before and during the ISO . We offer bounties for:
translations and forum moderation,
Bitcointalk signatures: information coming soon

Reserved Translations:
Italian
Indonesian
Portuguese
Philippines
Skandinavsk
Hindi
Polski

We are looking for translators:
German
Spanish
French
Greek
Nederlands
Korean
Chinese
Japanese


SOCIAL MEDIA LINKS
Centz Facebook (https://www.facebook.com/centznet)
Centz Twitter (https://twitter.com/GetCentz)

CENTZ  TIMELINE
https://ico.centz.net/assets/files/Centz%20Timeline.pdf (https://ico.centz.net/assets/files/Centz%20Timeline.pdf)

CENTZ COIN TOKEN ADDITIONAL CONVERSION RIGHTS
An additional conversion right of the Centz coin is the ability to convert into Centz Gold Bucks, which can be used to buy gift cards listed on the Centz platform. The conversion of Centz coin into Centz Gold Bucks will be at a ratio of 2 (two) Centz coin for 1 (one) Centz Gold Buck.

TRADABILITY OF THE CENTZ COIN
All Centz coins will be tradeable the first day after the ISO concludes. The 16 million Centz coins will convert into 16,000,000 shares of Centz Class A common stock.

CORE TEAM & ADVISORS
Jon Bricken, CEO
Swen Swenson, President
Ronny Boesing, OpenLedger ICO Team
Annemieke Dirkes, OpenLedger ICO Team

DEVELOPMENT TEAM
Greg Belken, CTO
Mark R. Smelcer, CPO

TRANSLATIONS
Indonesian https://bitcointalk.org/index.php?topic=1765940.0
Polski https://bitcointalk.org/index.php?topic=1770084
French https://bitcointalk.org/index.php?topic=1770248
Korean https://bitcointalk.org/index.php?topic=1771600.0

Would u further explain who is Ronny Boesing and why do u refer to him as if u know u him personally?

Can I request Russian translation?

0.00098258 BTC / CNTZ

Nearly 100,000 satoshis per CNTZ for an early bird?

https://ico.centz.net/buy (https://ico.centz.net/buy)

and a minimum of 1 BTC purchase?

 :o :o :o

indonesia translation reserved..

I doubt this. He won't give u a chance to do a translation for him since he's fluent in russian.

Hello sulfurtank, thank you for your interest

I am Ronny Boesing, the CEO of Openledger formerly known as CCEDK ApS. ccedk_pr is my pr manager of OpenLedger ApS and all its businesses, company is located and registered in Denmark and is the company running the crowd sale campaign for Centz, via its status as lead investor due to the intense support from start untill launch incl. the escrow services making sure the milestones are met prior to paying out funds, issuing and distribution of tokens and so much more, and it includes a total pacakage agreement OpenLedger Crowdfunding solutions have made with Centz.

We aim to use Centz as the first of more bigger projects trying to move fiat to crypto and allow small to midsize investors non crypto to have a shot at one of these bigger offers not going the normal way simply because of the interest in offering the blockchain communities a part of something we all hope will become a game change disrupting the entire giftcard industry.

I am not around all the time, but since this was the first day of publishing I went to see if I could assist.

You can read more about me simply by doing the google search on Ronny Boesing

Yours sincerely

Ronny Boesing
CEO
OpenLedger ApS
e-mail if any questions feel free to send me directly at ronny@ccedk.com

Yes my pr manager is from Ukraine, and will have one from the team do this in russian I am afraid, sorry.

Polski translation reserved

Is possible to get bonus with purchase of under 1 BTC. This amount is bigger for me to invest and get bonus of early bird.

Skandinavisk/Danish translate language reserved

If you cant afford to buy early bird for 1 BTC is to suggest you go for the bounties presented as we go, and even without ordering we may decide to offer you a way to earn bonus tokens spreading the news about Centz to your network, but that will be possible only after you have shown some activity via bounty offers.

regards

Ronny Boesing

Are you kidding?  Centz “Early Bird” offering: Minimum amount 1000 CNTZ (0.00098323 BTC / CNTZ). Who will purchase from you at this price  when exchange isn't popular and practically with the zero volume?

I think the valuation is high, that is close to a Dollar, I don't think I have upto $1000 to invest in this project, the idea is good and the terms also since the profit will be distributed to investors but that bar is set too high.

Do you offer any bounty program about Twitter to follow and retweet?

Watching.

Frank Lefty Rosenthal Signing Out.

CENTZ is on our waiting list!

www.icocoins.com (http://www.icocoins.com)

legit and solid, Centz bring fresh air to crypto crowdfunding.

Hi sir, I can help you with portuguese translation, and manager from social media campaign/signature campaign.

Just shot me a pm if you want this.

All the best and good luck with your project.

Nice work so far

I sure you are still confirming some of the details

I will review nearer the ICO start date.

Good luck

Hello Disperado,

right off the top of my head there are quite a few incentives making this offer special

1) Minimum rate: There is a minimum of 1 BTC during early bird offer, this will be adjusted to an equivalent 500 USD when the ICO starts

2) One of a kind and all funds held in escrow:

a. If presented to VC's and normal venture fonds, the price per share would be a lot higher, and it is one of the few times at least until now you see this sort of project offered to the crypto communities and built on being funded in crypto, whether from fiat to crypto or from straighttforward crypto to crypto held in escrow only paid out according to set milestones and only if minimum target is reached.

b. Centz coins are an asset backed by the class A common shares of CENTZ common stock and will have a yearly dividend payment

3. Exit options:

a. OpenLedger offers all investors to have the chance to trade the token at the end of ICO setting up a buywall allowing all investors an exit option at the price of tier 1. This is only made available due to OpenLedger offering their high quality decentralized exchange options. It is not seen or offered anywhere else.

b. An additional conversion right of the Centz coin is the ability to convert into Centz Gold Bucks, which can be used to buy gift cards listed on the Centz platform. The conversion of Centz coin into Centz Gold Bucks will be at a ratio of 2 (two) Centz coin for 1 (one) Centz Gold Buck.

4. Weekly news:

OpenLedger will provide weekly news to all investors from the time they join untill the time of launch of platform for them all to feel as one with their investment

Generally you dont see any of the above points, solutions or services offered by any other crowdsale service provider anywhere and you probably wont for a long time.

And then we can add more or less what everybody else is offering as well.

Any project blockchain based is intended to be traded as well, the main reason for investing and holding onto the tokens of this crowdsale, however, is generally you may wind up with bigger revenue than any trade on any other exchange could have ever given you, so the volume on the exchange has little importance as centz is one of many major mainstream projects to be listed on OpenLedger asset exchange via the OpenLedger crowdfunding solutions.

I might add my estimation of an increased value is always a combination of facts, stats, tech, and gutt feeling. Nothing is certain and that goes for crypto currencies as it goes for any of the stocks traded on Wall Street. What makes the difference many times is the people and money behind, the technology provided and a constant belief in your product. We offer the people, the tech and the strong belief and provide investors and backers to take part in a crowdsale to support with the money needed.

Yours sincerely

Ronny Boesing
CEO
OpenLedger ApS

http://i.hizliresim.com/o0p18b.jpg

your last work is wonderful, Ronny .. we trust u. Congrats!

interesting
I am looking forward to the next post

Is the team hosting ICO on your site? I see your site is an ICO platform.

French translation reserved

This sounds like a very interesting project - Wow just looked into the gift card indusrty in the US - this is bigger than I ever thought.

Will you need a greek translation guys? if so pm me.

Following. I may be interested in the upcoming signature campaign. Will you be posting info on this soon?

Devs getting greeding, let the free market decide the price. It won't trade at that price during the beginning stages.

You are forgetting one of the natural exit options. For every 2 Centz you are able to receive 1 GoldBuck(minimum 1 USD) in giftcard value, apart from having a share with dividend payouts in a trillion dollar business potential.

The CENTZ project has a lot to offer to everyone including Investors, Supporters and the community fan base. I will be looking forward to see more positive progress. Good luck on your ICO.  By the way, Why are there no bounties yet? Or you don't need to offer it?

no thanks.

I think I can safely wait until Centz jumps off a cliff and starts trading at below ICO prices...........

100,000 satoshis is just taking the piss.....

how much total suply centz coin
and when is open bounty signature campaign and social media campaign
facebook campaign and twitter campaign

It is really high price for CENTZ. As the last carried out ICOs have shown, it is always be possible to purchase coins when it will be available on the exchanges 5-10 times cheaper. Let's wait and see.

Hindi translation reserved

Centz project will be activated only when minimum has been reached, otherwise funds will be returned. Centz receive no tokens on their own, centz is not meant as a token for pump and dump, which is also why you need a certain incentive to buy in early. You can easily buy during crowdsale as well and still have what is needed to consider it a solid choice. It has nothing to do with the price point as it would have been offered one year later most probably at minimum 20 USD on the stock market and based on initial VC funding. The choice has been to offer it this way instead, time will show if crypto is still too young to appreciate these kinds of offers.

oh please....

this is crypto

everything is pump and dump

also there is a 99% chance this will be trading under ICO prices in the future especially if this is taking place on Openledger...

The last ICO I remember looking at on Openledger was Bitland which is now lying in the gutter....

We have learned from Bitland and the person running the show here on bitcointalk who is not the CEO by the way, and since then OpenLedger has insisted on being the party issuing and holding tokens and made it impossible for any startups to make use of assets not sold after ICO has ended.

It is one of the reasons why we are spending almost a month vetting each company now, before we decide to go all in and support in full.

Good examples can be made with Blockpay coming up with main crowdsale in middle of 2017, HEAT apparently finally launcing the platform next week or start paying back funds, DGD which was offered 10X higher on OL with success, Nexium from Beyond The Void introduced at 10x the price of end ICO rate on Polo and as result made all users on OpenLedger buy the entire sell wall, and then go on Polo to make great profit selling it there. Decent which has not launched yet, Incent which is offered higher than the early backers paid, but less than what the ICO participants have paid, but that is still too early to use as valid info except that it is normal you try to push price down to later make a gain when product is presented.

I think like with anything else the best you can do is learn from the episodes and actions and do things better, and this is what we are constantly doing to avoid that any investors, sponsors or backers wind up with a bad experience.

All the best

Ronny Boesing
CEO
OpenLedger

another ICO from ccedk & Ronny? How did the previous ones go? And will this be in ICOO?

I think they are more or less all mentioned in above answer, and yes all ICO's on OpenLedger will be running fueled by ICOO, allowing ICOO holders to benefit from the revenues achieved from services and solutions offered, which are among others covering the following:

Marketing: Branding, Product Validation, Marketing & Business Strategy, Website Design & Creation, Investor Relations, Content Creation, Blog Promotion, Advertising, Whitepaper Creation, Translations, Video Production, Newsletter Coverage

Public Relations: Press Release Services, Media Coverage, Interview Arrangements

Legal: Legal Analysis, Regulatory Analysis, Token Structure Advising

Crowdfunding Technology: Asset Issuing, Asset Distribution, Crowdfunding Module, Multisig Escrow Service, Pre-Token Trading, Token Exit Options, and Token Crowdsale Page Creation
               
The above services are everything a startup requires to run a successful crowdfunding campaign.

I think allover the ICO's handled sofar have gone satisfactorily, we have, however, improved our criteria for choosing the startups we wish to support, which again has made it more time consuming to prepare each one, but I believ the outcome and benefit to investors of the startup itself as well as the holders of the ICOO tokens will be so much greater in the end.

Evolution is the name of the game, and we try every day to improve on all levels to make the overall outcome bets possible for all parties involved.

In general we are also trying to move from calling it ICO to more naming it crowdsale or ISO as in Initial Stake Offering simply to take this way of crowdsourcing to the next level.

Regards

Ronny Boesing
CEO
OpenLedger Aps

I agree with you, all this pre-valued tokens, I don't even know how they come up with their valuation. Incent, Golem, SNGLS, Fisrtblood, VSlice all dropped significantly below the ICO price when they hit exchanges and all have fixed ICO price. I like the concept but the valuation is too high for me.

The Bitland person who you are referring to is Chris Bates and he has been busy dumping all of Bitland tokens on your platform and then transferring Bitshares to sell off on Poloniex.

The fact that this is still being allowed to take place on Open Ledger just killed any shred of legitimacy that you might be trying to convey, in my personal opinion.

How much did you get from Bitland?

Hope it was worth it because Bitland left Open Ledger's reputation in tatters.....

As for Centz, it does sound extremely promising but the current valuations are just too high.

When I see the daily turnover I get so much excited about it that my feet start to tinkle. I have never seen such high volume as on openledger.

Interesting project, please reserve Japanese translation for me. :)

They were sure pumping bitland hard too.

http://www.coinfox.info/news/6331-bitland-and-ccedk-to-develop-blockchain-land-registry-for-african-countries


Openledger openly promotes scams. 

Centz offers an interesting solution, I just wonder how/if this can work for ANY gift card balance. and how they gonna do it in general

I can translate in Turkish. pls rezerv  :)
You better send an information pm.

This is hilarious.

Ronny tried to fuck the Bitland project big time. 

Him trying to point the finger at "us" is not only hilarious it is so far from what happened.  Ronny is a fucking weasel, and he knows it.


Ronny, you fucked up big time.

lol,


this is so fucking funny...goddamn ronny, you are much dumber than i thought...not only are you trying to throw us under the bus, you forget i saved your ass from committing securities fraud how many times?

you're a goddamn idiot to try and paint us anywhere near "shady"...

holy shit, you are so out of your element

i did so much goddamn work for ronny, and then he tries to act like somehow "bitland" gave him some grand lesson about trust...yeah, you tried to fuck us, and we were smarter than you...

you are brazen...

VERY brazen ronny...

not only that, YOU trying to fuck us is just going to follow you around forever now...you were so dumb doing that

Larry Christopher Bates wrote the decentralized conglomerate theory on which CCEDK is based, but then Ronny will try to act like i did nothing...

I created the theoretical foundation that saved your ass from committing securities fraud ronny...you can't run from that

Its a sad story to have someone from another project come to this one to continue same way he is pursuing on another thread, but it seems someone never will learn. He has nothing to loose it seems, so all here please bear with this kind of incident and forget about him, it is by far the easisest thing we can all do, but it might allow anyone here doubting to understand my attempt to be as displomatic earlier as possible, it seems it just did not help. Too bad, another soap opera seems ready to kick off due to some individual who we of course all know the name of thinks he is above all ethics  and normal human behaviour. Shame on him. I will not be back here anymore, it is simply just too depressing to follow this kind of people and their constant need for attention.

Larry Christopher Bates is a scammer and quite frankly, you should not allow Bitland to be traded anymore on the openledger platform.

By allowing it to carry on trading, you are allowing Mr Bates the scammer to keep dumping cadastrals and pocketing BTC.

Let him go and get Bitland on that Japanese exchange where supposedly 1 cadastral will be worth $10.

Do the right thing and ban his scam from Open Ledger.

The Centz solution does indeed work for ANY gift card balance. This is where Centz is truly different. Our patent-pending process will allow you to combine all your unwanted/unused cards, full balance even those with just a few dollars left, and convert them into the Centz Gold Bucks on our platform. You can then shop our market of gift cards you really want and use your Gold Bucks balance to purchase them. No more small or fractional balances sitting around collecting dust!

Our explainer video is found here:  http://www.centz.net/videos/CentzExplainer.mp4

What Patent- Pending Process?

Care to explain please?

Cause the way I am seeing it, you're trying to flog us something that's still in the works and you're expecting shit loads of money when your patent has not even been approved yet.

Is the bounties for translating is opened?

Please find our two initial patent filings here:   https://ico.centz.net/assets/files/Centz%20Patent%20Filings.pdf
As you know, patents take time and costs money. There are no guarantees in life but we feel very strongly about our unique methodologies.

On top of that, we have other proprietary things in the works. We are keeping these under wraps, kind of like the formula to Coca-Cola.

Our explainer video link shows how the Centz platform works.

Our MVP should be live for demoing by the time the ICO kicks off or shortly thereafter. We are just like most ICO companies with projects in the works. But unlike them, we are disrupting a Trillion USD market worldwide in ways never imagined before. There are anywhere from $20-$40B a  year in unused gift cards just sitting in peoples' pockets prime for the taking. Centz only needs to tap into a very small percentage of these unspent funds to build a huge business.

It is your choice to participate in the Centz  ICO. If you decide to, great. If not, we understand as well. Just remember though...very few ICOs have the potential to be a billion dollar business. Centz is one that does.

Swen Swenson
President

Centz, Inc.

The bounties for translating have not yet opened. We have received lots of interest and will be contacting everyone shortly. Thank you for your patience!

So this is odd.

Ronny is from Denmark (Scandinavian)

Incent ICO was on Ronny's Scandinavian OpenLedger from a guy with an Scandinavian name called Karl Karlsson.
Cent'z ICO was on Ronny's Scandinavian OpenLedger from a guy with an Scandinavian name called Swen Swenson.

Lol that's sounds to odd.

thanks i have sent pm to reserve italian translations!

I dont trust u, bro. Sure people will doubt that ure affiliated with this scam coz they are not used to seeing ur posts on bitcointalk. Everyone knows that ure a gas station attendant. I know that u had been working toward saving a group of polish refugees from hungry death for quite a while before u settled in eastern virginia. Ur mission had been to instill hope of salvation in them, and tell those people that u bear with them. But u should have refrained from lies about adopting their children. I will not dig any deeper coz I already have enough evidence of criminal affairs on ur side. That being said, its a common knowledge among refugees that u saved a lot of cryptos from extinction during the Great Depression but what they dont know is that u were paid for ur hype and involvement. However, u still have to develop evacuation plan for those polish refugees whom u promised that they will be transported to a better place where neither danger of holocaust nor famine will threat their safety or affect well-being of their descendants. U are irritatingly conceited about self-importance but u fail to notice this unless someone calls ur out and debunks a nonsense u wrote above. Do u even remember that I dominated u on skype yesterday, u were crying and asking me not to be that harsh to u. U are an ass that has to be whipped, bro. If I ever find out who u are, I will make a cushion from ur pompous ass and put it at my doorstep for wiping my feet. I always wanted to have a square soft pillow at my doorstep.

The great thing about being named Swen Swenson is that no one forgets your name! Good Norwegian name...

How sure are the team thatthey can gather $2M for the Project to run?
I wiildn't want to wait for weeks for the refund if for instance they won't get the $2M while the refund fee is also worth half th invested amount.

I cant see them gathering 2 million unless its their money. This ico is flawed in so many ways.

Frank Lefty Rosenthal Signing Out.

waiting bounty social media..

If the project won't raise 1000BTC on the first day like ChronoBank did, I doubt it will hit the target, the valuation of the token is quite high and have seen people comment on this issue also. First day performance is very important

I would like to take this opportunity to discuss the valuation questions regarding Centz that have come up, as valuation is a more complex issue than just saying “such and such is too expensive” or “Devs getting greeding, let the free market decide the price. It won’t trade at that price during the beginning stages.”

We can understand these comments as people have been burned in the past, but each situation is different and should be looked at on a case by case basis.

If the ICO industry is to survive and grow into a real and viable financing option, one that can become a true difference maker in the world of finance, then one must look a lot more closely into the valuation question, understand how these decisions are made and who they ultimately affect.

Company’s such as OpenLedger, that offer deals are totally dependent on the public trust, which is never given lightly, and when broken, is hard to repair. So a symbiotic relationship is created where by the presenting company needs to offer fairly priced deals or they won’t get any of them done, and ultimately be doomed to failure.

In our experience, OpenLedger asked tough questions, were extremely thorough and applied all kinds of different factors to evaluate and value our company. Some of these included previous rounds of investment, the uniqueness of our business model, management/development teams, intellectual property protection, potential to disrupt or fundamentally change a significantly large worldwide business, etc… All the different factors that make up each and every individual deal.

What makes this ICO different from any others are the following. First the Centz coin is convertible into Centz Gold Bucks, which have a real $1 USD value to buy gift cards. Second the Coin will generate interest payments based on revenue. Third, Centz has several other means of generating revenues (take a read of “The Business” on the ICO website).

Someone commented "I agree with you, all this pre-valued tokens, I don't even know how they come up with their valuation. Incent, Golem, SNGLS, Fisrtblood, VSlice all dropped significantly below the ICO price when they hit exchanges and all have fixed ICO price. I like the concept but the valuation is too high for me.”

To lump all of the above companies into one basket is not only naive but also demonstrates a lack of how a valuation process must work - the ability to EVALUATE each deal - thru a due diligence process carefully considering all of the pros and cons of every situation based on their own individual merits. 

We have no idea who vetted these other deals and what factors were used to determine any of the value of these businesses, but I do know that NONE of the above companies have any relationship to each other, to Centz’s value proposition or were brought to the market by OpenLedger.

From Centz’s point of view we are not totally “satisfied” with the valuation that OpenLedger placed on us. We view our business as much MORE valuable than the initial ICO price, but understand that maybe a fair deal is one where neither side is not totally content.

Bottom line is that investors have a responsibility to go out and do some of their own leg work to determine the worth of any investment and not rely on blanket statements made by individuals who don’t appear to have done so.

Mr. Swen Swenson
President
Centz, Inc.

1. "The ICO industry" as you call it is just a fucking blatant money grab and is scammy as hell.

2. Centz Gold Bucks you saying......okay......so we will only be able to spend those "Gold Bucks" in your marketplace. There are no guarantees that your marketplace will be able to cater for all range of giftcards that there are.

3. While I will agree with you that the idea is absolutely great, the fact that you still have "patents" pending introduce a big "IF" in the equation. This immediately decreases the valuation of the tokens in my eyes.

4. Am also curious as to why you are turning to Crypto for funding. Why not go towards the traditional avenues for funding? I understand that you are doing CENTZ as a cryptocurrency but if the idea is as amazing as you say it is, am sure you will have plenty of private FIAT investors willing to get a slice of this lucrative pie....

1.If the ICO industry is just a “f-ing blatant money grab and is scammy as hell.” Why are you on any site that deals with this topic?



2.You are absolutely right, Centz will not be able to carry “all the range of gift cards that there are”, but you have to start someplace and that is with the most desirable national gift card issuers. Please read the section on the ICO site “The Business” and you will see exactly how we are going to proceed.



3. While you are right that there are no guarantees that any patent will issue, we have spent a lot of time, effort and $ to do research into prior art (that is previous filings) to determine if there is a good possibility of getting a patent issued. We are not in the business to waste our time or money.



4.Centz decided to look towards the crypto community, and OpenLedger specifically, is that we think this is going to be the future of ALL investing. There will be absolutely no need for the traditional investment houses that take big fees (talk about scams). We believe that OpenLedger represents the future just like Centz does and we want to be part of this industry. Additionally our solution is blockchain based which is a technology that MOST IF NOT ALL UNITED STATES INVESTORS ARE COMPLETELY IGNORANT OF. We are also going to be using the blockchain for other solutions and applications in our business, so it makes CENTZ to go to where people know what this technology is.


Lastly we believe that the use of a decentralized investment platform gives EVERYONE, not just the privileged few an opportunity to invest in the great companies of the future.

Swen Swenson
President

Centz, Inc.

very odd indeed but not impossible. Who can dig deeper?

1.If the ICO industry is just a “f-ing blatant money grab and is scammy as hell.” Why are you on any site that deals with this topic?

Because I like to identify those fucking "companies" and assholes that partake in said ICOs to line their fucking pockets by peddling BS.....

It sounds like you are the only BS here!

lovely that you created an account just to say this..... ;D

I mean the idea is rock solid.

I remember watching some people pitch this on Dragon's Den a few years ago.

Obviously it didn't involve a blockchain or a crypto but I believe they went on to have some success despite Peter Jones saying that it was the most stupid thing he had ever come across....

Anyways, to come back to your ICO BS......if you really believe in your idea, you wouldn't be coming on here to beg for funds......

Just saying....

maybe this might help:

https://www.cardyard.co.uk/ (https://www.cardyard.co.uk/)

Hey Ronnie (CCEDKaps) very nice of you... going from one ICO-scam to another. What happened with Bitland? https://bitcointalk.org/index.php?topic=1434155.msg14505932#msg14505932 (https://bitcointalk.org/index.php?topic=1434155.msg14505932#msg14505932)
How much did you get from the semi-retarded Chris "two fucking master degrees" for letting him run the ICO on your site, OpenLedger? From this post http://www.coinfox.info/news/6331-bitland-and-ccedk-to-develop-blockchain-land-registry-for-african-countries (http://www.coinfox.info/news/6331-bitland-and-ccedk-to-develop-blockchain-land-registry-for-african-countries) it seems you were partners... isn't so? How do you feel when you steal money from people?

Did not create an account to respoond to you. Waste of time, but was looking at the Centz materials (i posted above). It appears that in USA there has been lots of fraud with gift cards of which I was once one. I have been looking for a good solution, one where I might not be ripped off or abused to get rid 15 - 20 gift cards that i will never use. What I actually thought was interesting is that it appears that Centz has taken the $ out of the transaction, which might get rid of scammers. They also would let me add up balances, somethignI have not seen elsewhere.
I actually read the articles that they posted.

great that you are so easy to convince.....

am sure you will be dropping many BTC in their early bird program then....

 ;D

Swen Swenson went to high school in Idaho: https://archive.org/stream/The_Times_News_Idaho_Newspaper_1985_05_25/The_Times_News_Idaho_Newspaper_1985_05_25_djvu.txt (search for name on this page)

https://www.linkedin.com/in/swen-swenson-b941a446

https://i.imgur.com/hIvdVwx.jpg

FWIW, https://www.facebook.com/centznet/?ref=nf has enjoyed Likes ONLY by the following four people since the page's inception (Oct. 2, 2016): Jon Bricken, Eleine Bricken, Kate Swenson & Muh Saiful - NONE OTHERS! To be fair, Centz' FB page does enjoy 11 Total Page Follows, 0% from last week. That's ten more followers than Chantha Owen Lueung's Crypto-city FB page created on January 2016 when Owen gave the page its one and only Like to date in spite of enjoying a declared 74K+ user base on his platform designed to give Facebook a run for its money as Owen taps into that multi-billion-dollar sector.

Gleb..thanks for reminding me of a few of things.

First, I forget sometimes what a handsome bastard I really am.

Two, we totally forgot to buy all those fake "Likes" for our FB page. Besides, we thought that FB was so "non-crypto" these days.

And finally, if I was going to try and build another Fakebook, I wouldn't be dumb enough to try and do it here.

To all those that have requested translations, we are reaching out to you personally. Thanks for your patience!

Biggest 3 word scam on this thread.



Frank Lefty Rosenthal Signing Out.

Any info on the upcoming signature campaign?

As dates for Centz Crowdsale have changed, signature campaign will start later. But as soon as it will be organized we will post full info in this thread.

Can you please add bounties for twitter campaigns ?
Thank you.

Posting 5 times in a row saying pretty much nothing is lending you a hell of a lot of credibility  :D

You know the staff can ban you for that right ? ..it's happened a lot before to even the biggest members here.

Oh and nice ICO scam you got going here.
My favorite part is using the word "CENT" yet again.
It's a classic used before.. scammers just love using the word cent in anything they can.

And the rest of you ?
Go broke quicker.. you deserve what you get.

I dont think anyone would invest here so I dont think anyone will go broke either. This is a big red flag scam.

Frank Lefty Rosenthal Signing Out.

Dude, you forgot to end your post with, "That's my two sentz!" or something similar.  :P

follow thread about bounty...

What is the cause to postpone the the launch Centz Crowdsale? You all know it's time to cancel it, because most member recognized Centz as scam. The change of launch date does not make any sense.

A work that may be valid on the market.
I added the list to follow. :)

I asume with member you mean the 5 trolls who seem to like repeating themselves over and over with same nonsense and no comments or questions whatsoever.

Start asking questions releated to the project or stay out

Start asking questions that has any relation to this project or go somewhere else trolling

Start behaving like you would do in the real world, you are still anonymous, so it does not take much to start acting more human and correct and less ignorant

Keep up the trolling and very soon you and the other trolls will be the only ones using bitcointalk, and I guess you will have a laugh of the day gettinig off insulting eachother over and over. Great scheme and very intelligent. LOL

I am asking this way in a polite way to start asking questions to the project or stay away. Any future constant repetitions from same accounts with no substance will be reported to moderator. If moderator will not act, we will know the setup in this forum and are able to act accordingly.

This for your information

Ronny Boesing
CEO
OpenLedger ApS / CCEDK ApS

And even if he does,You have to put lots of genuine efforts to translate for he will not accept Google translation at least in Russian language :D
On a serious note.This crowdsale looks interesting.I would follow this thread for further development.

There are few minor errors in op to which I would like to draw your attention.
Name of the third person is missing.
What percentage of the ISO is reserved is left empty.Was it deliberate to fill it up later?
Anyway if you do have any translation bounty, I reserve Hindi (India) translation spot for myself.
Thanks

Yes, thank you, corrected first issue.

Hindi is good, because we don't have Hindi Translation Request.

I seriously hope no one falls for this.

Frank Lefty Rosenthal Signing Out.

Can i reserve spanish translation?

why was the ICO postponed for about 2.5 weeks? are there any issues?

if anyone plans to buy in this: 2% bonus code https://steemit.com/centz/@ash/centz-ico-bonus-code

Another fucking coin Scan sick!

Postponement was made for the simple reason to be presenting best possible

One of Centz’s long term goals is to forge Gold Bucks into a stand-alone cryptocurrency that will be traded as an valuable asset itself while being utilized for all kinds of stored value transfers.

To reach that pivot point, Centz is constructing the most efficient gift card registration and trading platform in the world.
Registering all individual identities and gift card balances on the blockchain eliminates the biggest problems and restrictions for the safe and secure use of gift cards. Concurrently, Centz will disrupt the gift card market leveraging the blockchain to generate revenue in ways that have never been done before.
 
Blockchain technology allows Centz to deliver cutting edge security to totally eliminate fraud and money laundering. Similar to credit cards, the % of fraudulent activity is on the rise which ruins the shopping experience for all. Our proprietary blockchain solutions will be adopted by the retail industry once breakage is eliminated. Partnering with Centz is the only way that the industry can “make up” for the lost funds of breakage.
Currently the industry pays 4 ½% to both the issuer and seller of gift cards. Centz will provide both of these functions together more efficiently and at lower cost by issuing totally safe egift cards securely locked on to our blockchain.
 
As the shift to online, storage, sales and delivery of egift cards increases, the Centz wallet will become the only option which combines gift, reward, loyalty and coupon credits in one place, so they are always available for immediate use.
 
Centz’s vision is one where we see the true potential of gift cards by combining the use of the blockchain, which will enable Centz to revolutionize the payment industry in ways that are unimagined today by this sleepy and forgotten industry.

Read the full artcile here: https://medium.com/@openledger/centz-gift-cards-and-the-blockchain-2b96e7af94c3#.bn5db3s0a

hello OP. Do you need a manager for your signature and social media campaign, I can help you regarding this services just PM if you are interested, i can do also a translation for ANN thread to Philippines Language, i hope you notice my offer and i promise to do my best. thank you

hei, indonesia translation done !  :)
https://bitcointalk.org/index.php?topic=1765940.0

We are looking for translators for CENTZ:

German
Spanish
French
Greek
Nederlands
Polski
Korean
Chinese

If you can do this, please let me know by PM.

Polski translation is done  :)

https://bitcointalk.org/index.php?topic=1770084

We have open slots for Japanese and Filipino translations.

could you please elaborate a bit more on why you postponed and what has changed that you can launch now? For me the delay is a red flag although i really like the concept.

Where exactly is the red flag? I could understand if you later on realized that we started and turned out not to be ready, but if we wish to offer a crowdsale to the public in a way where it is marketed best possible, there is really no reason why we should not wait. Bitcointalk is used as a forum for telling people, it is however one of many and we will present the token crowdsale as we see it work best for the project and not based on comments in this forum, which has by far been without any dept and and interest whatsoever. I answer only out of courtesy. We will postpone or delay as much as we see fit to give it the maximum coverage with increasing amount of partners about to enter.

To be honest, if this project could raise the funds and launch according to their timeline plan, it could be a huge altcoin in the giftcard industry.

As We doesn't have a Giftcard related industry in Cryptocurrency yet.

Hello all,

We are the ICOrating team.

We’re creating the most detailed database of every company that is having, or planning to have, an ICO. We’re also developing ratings and analytical reports that will increase potential investors’ awareness on such companies.

We’re happy to announce that CENTZ is now listed on our website. Check it out here http://icorating.com/project/47/Centz

We appreciate any feedback. Please feel free to contact us if there are any additions/corrections you want to insert.

Excellent rating and analytical report you have there on CENTZ. I now know where to go to read a synopsis of their endeavor gleaned from their site along with their Twitter feed sans all the clutter of a ... wait for it ... rating or analytical report. McLovin' it!

Thinkin' that such may be a fluke, I visited http://icorating.com/project/1/Mass-coin (your site's first reveiw), and it, too, has Rating Score: TBA.

would like to reserve Arabic translation if not claimed yet .
Thank you and good luck

Wow, not the type of response i was expecting. I am seriously considering investing, and with a minimum investment of $1000 you can expect people to make sure everything is as clear as possible. I was not expecting such a hostile attitude. Will follow this thread to make up my mind on this project.

Sorry Don,

No intention being hostile, its only that this project is a big project that needs all the attention possible, and we will have to do the start the time we feel is right and thats all really one can say to that, with all possible partners involved, and since they seem to come onboard these days, it is best to wait for all to give their best in getting the news out in a strong and very clear way.

As OpenLedger has managed to get a good amount of extra partners involved and to allow them all to benefit of the time to introduce US based Centz to their network, it has been decided to move the start date of the Centz token crowdsale (https://ico.centz.net/) to March 31st 2017. The partners will be announced step by step in coming weeks.

OpenLedger Investments ApS will be the inital beneficiary of all funds collected in this crowdsale and will make sure in co-operation with the designated escrow partners that funds released for Centz is happening according to set milestones.

OpenLedger Investments ApS as offical and lead investor into Centz will have equity in the company Centz and all investors having joined the Centz crowdsale will have an equivalent access to all as well as the revenues on the base of dividend so called token drop via the token CNTZ issued and distributed on OpenLedger and its BItShares network.  

OpenLedger Aps and its decentralized ecosystems will receive payment for the handling and operation of the ITO (Initial Token Offering) of which the asset holders ICOO will benefit receiving an approximate 3% of total amount crowdfunded as part of the revenue distribution. This future revenue will hopefully be the second significant indicator of the value of the future ICOO.

Since another estimated 1,5% will be used on OBITS and BTSR, Centz will be the second proof of value based on the incorporated crossmarketing features involving the entire OpenLedger DC.

Finally all Centz investors including OpenLedger Investments will receive an option to buy into OpenLedger revenues via the official token of the OpenLedger DC called OBITS in the form of a warrant. This warrant as well as the token CNTZ is to be distributed and possibly traded from second week of crowdsale.

I hope you will all enjoy and take part in these projects as part of building proof of work almost, of a Crowdfunding platform expected to launch finally last quarter of 2017, however, using the tools, solutions, network and partners to roll out one proof after the other in coming months allowing me to think we are about to present something special and unique not offered by anyone, anywhere in the world.

End goal here is to allow a Crowdfunding solution involving consumers, investors, developers and startups to enjoy great results on the base of digital leadership through a decentralized conglomerate of ecosystems.


Centz team and Ronny Boesing, CEO, OpenLedger ApS

Just saw your posts and wanted to clarify some points:
1. Incent ICO was NOT on OpenLedger. We used our self-developed ICO technology, OpenLedger invested in our ICO and provided valuable services such as marketing, trading promotion on OL through free Incent distribution and IOU trading which started during the ICO already.
2. I am just the Community Manager of Incent and handling our Bitcointalk thread. Our CEO is Rob Wilson.
3. KarlKarlsson is just my nickname, no Scandinavian background here. I just happen to like The Simpsons  ;)

Im Vietnamese translator, hire me??

https://bitcointalk.org/index.php?topic=1394689.msg16367483#msg16367483

https://i.imgur.com/ScIzY0Y.png

https://wavesplatform.com/

https://i.imgur.com/QsqZ63W.png

Any bounty campaign dev??? Like signature campaign, newsletter or social network campaign???
I want to joined

The project look like Incent-esque, if not what differentiate if from Incent. Most of these projects looks good in theory but in practice is very difficult to pull off. How are they sure people would use Centz tokens, some people are selling  gift cards and making some decent BTC from this already

Any update on the project? ICO still starting at the end of this month? It is really quiet here...

https://img-fotki.yandex.ru/get/198026/382271378.5/0_15a515_adcfeab9_XL.jpg (https://www.youtube.com/watch?v=vtVfcOzVrNA)

Don't miss on OpenLedger Youtube Channel: The founders of Internet of Coins and Centz presenting their platforms in person!

Join our LiveStream on March, 20, 6 pm GMT (https://www.youtube.com/watch?v=vtVfcOzVrNA)

Read this and other OpenLedger breaking news! (https://steemit.com/cryptocurrency/@bloggersclub/groundbreaking-cryptocurrency-start-up-internet-of-coins-launch-fundraiser-on-openledger-dc)

How to join bounty campaign?

Any update on the Centz project? The video above does not describe anything related to Centz....

https://img-fotki.yandex.ru/get/108697/382271378.6/0_15afcf_1793bf09_L.jpg

CENTZ’s much-anticipated ITO will be delayed until further notice, stating that the owners of Centz, in view of the most recent developments, need to double-check the legal arrangements regarding USA citizens participating in the crowdsale.  It is commendable that CENTZ has this view and observes the highest professional standards in conducting business.

The future date of the ITO will be announced on OpenLedger newsfeeds, once determined.

Participants in the CENTZ ITO have flexibility in what they wish to do with the tokens they have purchased up to date.

Participants may:
- Hold on to their tokens until the confirmed, official ITO takes place
- Convert their tokens to OBITS
- Have their funds returned to them upon request by emailing Ronny Boesing at ronny@ccedk.com

Ronny Boesing, Founder of OpenLedger, the platform hosting the ITO explained, “This can only be viewed as a positive as CENTZ will be more mature by the time they go public, and this will create less risk for participants.”

Should you have any further questions, please feel free to reach out to us directly at ronny@ccedk.com
Kindest regards,

The OpenLedger Team

Aren't you the same that developed the ICOO token? Why come up with another token/blockchain and another ICO or ITO whatever it called - just asking more money from "investors" or "donors".

I see you are promoting MobileGo, so then you should know that part of an ITO or ICO is to help fund projects, ICOO is simply the engine for that just like Incent has offered a small part to MobileGo similar to what what we offer as a total part of a package, and waves a small part of what OpenLedger can offer. If you like to know more about what ICOO is all about I suggest you go the website www.icoo.io or simpæy follow the news related to new ITO's coming up, all to benefit ICOO holders.

plisss chek pm sir :D
sory delay  ;D

why did you delay it?

dear dev Why you have not paid me yet to translation korea
And you promise to pay me
 (Yes! Bounty will be paid today or tomorrow, please wait!
Good that you sent me your nickname, thank you!)
I check my open ledger balance 0
If do not believe please check back

my translation korea: https://bitcointalk.org/index.php?topic=1771600.0


Why do not you keep your promise?

NICK OpenLedger: rolings2


my acount : rolings2

https://i.imgur.com/FDzsQnp.png

Reserved

I guess you are referring to the crowdsales of centz, i saw the below when i visited their website

CENTZ ITO delayed
CENTZ’s much-anticipated ITO will be delayed until further notice, stating that the owners of Centz, in view of the most recent developments, need to double-check the legal arrangements regarding USA citizens participating in the crowdsale. It is commendable that CENTZ has this view and observes the highest professional standards in conducting business.
Participants may
Hold on to their tokens until the confirmed, official ITO takes place
Convert their tokens to OBITS
Have their funds returned to them upon request by emailing Ronny Boesing at ronny@ccedk.com
We apologize for any inconvenieces this may have caused you.

What is going with this ICO? Did it happen?

Do you have unspent gift cards? Are you still worried about the remaining balance in gift cards that cannot be used totally? Gift cards are the most popular form of a prepaid product sold in the USA. In 2016 alone, $160 billion dollars of gift cards in the United States, and $750 billion worldwide, have been sold, and up to 20% of them have never be redeemed. Centz, based in Denmark is the first company to leverage and apply blockchain technology to fundamentally change the gift card industry forever.
 
Centz’s creation of a universal gift card registry will be blockchain based and represent a chance to reimagine existing businesses, and create new business opportunities. This is where not only the identity of each gift card holder will be registered, but also where every gift card, reward and loyalty credit will be placed, onto the Centz mobile wallet.
 
However, the recent explosion in the use of gift cards has created a situation where millions of people have multiple unused gift cards with fractional balances that now sit abandoned and unused in homes all around the world.
 
According to a Blackhawk Network survey, 53% of shoppers receive cards and forget about them and 26% of shoppers receive cards for a retailer, restaurant or other merchant that they don’t frequent. 97% of those with unused gift cards had up to 10 unused gift card.
 
The surge in gift card purchases has proved hugely profitable for the retailers that issue them and the Credit CARD Act did not do much to address what happens when the less than the face value of a gift card is used and then the fractional balance sit in the junk drawer in perpetuity.
 
Jon Bricken, CEO of CENTZ, says, “What is interesting is that the Securities and Exchange Commission (SEC) allows companies to take unused gift-card money as income (breakage) once they can reasonably say the card won’t be redeemed, but there’s no set time limit. Many consumers do not use gift cards that they are given, resulting in unexercised customer rights, commonly known as breakage. We are giving the money back to the intended recipient.”
 
Bricken continued, “Retailers have recognized that it is increasingly to their benefit to sell more and more gift cards as up to 20% will never be redeemed and subsequently those unused funds can flow directly to the bottom line without having to deliver any goods or services.”
 
Ronny Boesing, CEO of OpenLedger agrees that Centz has found an ingenious solution to a genius system, stating, “Centz understands this as an opportunity to unlock or decouple these funds and turn them into universal forms of currency transfer and or payment worldwide. We believe this business model will give Centz the ability to unlock a large portion of this huge, multi billion-dollar market.”
 
The ITO for Centz will be announced shortly. Stay tuned.