Website and Whitepaperhttps://www.joincentric.com
https://www.joincentric.com/whitepaper/Specifications and Token Metrics
Token Name: Centric Rise
Ticker: (CNR)
Token Supply:1,000,000,000
Token Protocool: TRC-20
Burned 8,505,100.39
Token Price $8.889USD
Year Established Jan 2018
Token Name: Centric Cash
Ticker:(CNS)
Token Supply: Unlimited
Token Protocool: TRC-20
Pegged Price:1 USD
Year Established: Feb 2020
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Consumer ReviewWhat is Centric?
Centric is a dual cryptocurrency payment network which has officially launched in hopes of limiting industry volatility.Centric works within a dual token ecosystem, the first being Centric Rise, which steadily increases in price hourly. This will help offer a reliable store of value and an incentive to join the network for users globally. The second token, Centric Cash, is pegged to the first token and will freely trade on major cryptocurrency exchanges.
How can a Crypto Only Rise?
With the introduction of Blockchain technology and mainstream awareness over the last few years, we have unlocked the ability to achieve universal consensus. With that, we created price blocks, these are USD set price blocks which update each hour, yearly in advance. They lock the price of each Centric Rise token for that hour.
This sounds too good to be true. Is it?
There are significant risks that the Centric Foundation will need to overcome in order to be successful. These are;
Execution is vital to the success of the project, we place a heavy focus on hiring people with proven experience in their ability to execute quickly.
Regulatory uncertainties and financial laws in multiple jurisdictions pose significant risks to all crypto projects including the Centric project.
1st mover advantage can give competitors a powerful advantage, learning from potential mistakes we make.
Lack of adoption will significantly cripple the overall credibility of the project and cause negative sentiment which will make it challenging for the project to achieve mass adoption.
Security plays a key department in all cryptocurrency projects and poses a large risk if not carefully managed by the team in control of keys or user’s personal data.
We believe we have a highly experienced and trusted team of professionals who are focused on ensuring the success of the Centric project.
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Terms of the bond are as follows:
Price per bond: $1.00 USD
Max number of bonds available: 1,000,000
Bond buyback value: $1.30 USD /or/ 10 Centric Rise (selected on purchase)
Settlement: Immediately following completion of IEO
Distribution: Centric Bond – TRC20 token immediately delivered to any trx wallet
Transferable: Yes
Restricted Countries: No
Centric token sale eligibility: Yes – the team will speak with you directly
Private sale eligibility: No
Application Process: Team manually processingCentric will continue developing relationships with our existing investors and we feel this new direction will provide the capital required to get Centric listed as quickly as possible. For more information and to participate in the bond sale you can connect directly with the team here.