"Centrality" for decentralization?

[Menawi12]

Heard of the project "Centrality" from NZ? They have a decent team and website (https://centrality.ai/).

But isn't it weird to call yourself centrality if blockchain is all about achieving decentralization?

Bad marketing and on that note: can someone explain to me why this project is supposed to be useful, given that we already have Ethereum and other Dapp blockchains?

Never heard of a centrality project but if the project originated from NZ, in my opinion it would be interesting. NZ regulations are quite strict and if a project sells on behalf of a company with a home base in NZ that means the company is legit. Maybe the marketing isn't good enough so many people haven't heard about this project

[VanDeinsberg12]

Heard of the project "Centrality" from NZ? They have a decent team and website (https://centrality.ai/).

But isn't it weird to call yourself centrality if blockchain is all about achieving decentralization?

Bad marketing and on that note: can someone explain to me why this project is supposed to be useful, given that we already have Ethereum and other Dapp blockchains?

Have you taken your time to study the project?
You cannot judge a project by the cover (which is the topic), but by the content.
If you check the OVERVIEW of the project, it is still talking about decentralization. Which means their app will be decentralized.
Centrality might just be a caption, meant to bring together many DApps.

I did study their page, but am not a pro (like you might be), so please enlighten me:

if they create a KYC where users use a single login for many dapps, how is that not centralization?

If that was true and it can't be called as a decentralized platform. There are some projects that have been working on the same idea like 0x or district0x (some big platforms like ethereum must be counted too like what you were saying before). Those platforms never ask KYC verification, but again that depends on where are they based on just like idex caused by it's on the US, and it must follow US jurisdiction, and that becomes the dex that applied KYC verification.


There will be a lot of reason to explain that. But as a platform who already claimed to provide an infrastructure to build dapps and that doesn't make sense to implement KYC verification.
But if there are some platforms that have existed and why we must talk about this one?

[masterrex]

Heard of the project "Centrality" from NZ? They have a decent team and website (https://centrality.ai/).

But isn't it weird to call yourself centrality if blockchain is all about achieving decentralization?

Bad marketing and on that note: can someone explain to me why this project is supposed to be useful, given that we already have Ethereum and other Dapp blockchains?

I think centrality is just a branding or just a name, and its should not be taken the name literally, if the platform was promoting decentralization then its useful and if not, i think let the people or investors judge them i'm very confident that NZ base cryptocurrency users or investors are intelligent enough to determined whats useful or not.

[Pinkris128]

Heard of the project "Centrality" from NZ? They have a decent team and website (https://centrality.ai/).

But isn't it weird to call yourself centrality if blockchain is all about achieving decentralization?

Bad marketing and on that note: can someone explain to me why this project is supposed to be useful, given that we already have Ethereum and other Dapp blockchains?

Indeed, it will not the best idea to name the coin with that unless they will implement centralization in which will not be the preference of most people in this industry. I still do not know the whole objective of the project but if they aim for the regulation and security against scams and similar fraudulent activities, they might succeed but will most likely won't be famous for it. Many here are into crypto because it is decentralized and got tired of the conventional banking so, centralized systems are not the crowd favorite.

[stephanirain]

Heard of the project "Centrality" from NZ? They have a decent team and website (https://centrality.ai/).

But isn't it weird to call yourself centrality if blockchain is all about achieving decentralization?

Bad marketing and on that note: can someone explain to me why this project is supposed to be useful, given that we already have Ethereum and other Dapp blockchains?

The name of the coin might have more meaning than being centralized. Yet, it is not uncommon to see "centralized" coins right now. Many asks for KYC and have tight regulations that some find not worth checking out. Nevertheless, being decentralized or centralized are just one of the factors that determine the success of the project. If their idea become popular, they more likely to succeed no matter what that is. For me, it will all goes down on how they advertise the project.

[ableh]

Heard of the project "Centrality" from NZ? They have a decent team and website (https://centrality.ai/).

But isn't it weird to call yourself centrality if blockchain is all about achieving decentralization?

Bad marketing and on that note: can someone explain to me why this project is supposed to be useful, given that we already have Ethereum and other Dapp blockchains?

Sometimes the brand has nothing to do with the product, so I think this is no problem. Even though we already have Ethereum, but sometimes people are not satisfied with the existing products, so new ideas are created and they are trying to make it happen. Isn't the more choices, the better?