LONDON, UK – Centric, a dual cryptocurrency payment network, has officially announced its launch in early Q1 of 2020, to bring an alternative to cryptocurrency investing.
Centric’s dual token model is ambitiously pursuing its goal to bring an alternative for cryptocurrency investing, new possibilities for mass adoption and utility with its game-changing technology and economic model. The decentralized nature of this system allows for quick transactions and immutability within the Centric network. The Company has developed 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.
The exchange between the two tokens is governed by a decentralized smart contract with immutable price blocks, set one year into the future. In this way, the protocol self-regulates token supply to meet ongoing changes in demand. From a user perspective, Centric is simply a payment network and a reliable store of value.
More detailed information about the Centric project can be found at the website: www.joincentric.com
About Centric:
Centric is a blockchain-based payment network composed of two distinct tokens that promote stability, an incentive structure for early adopters, and a store of value. The exchange between the two tokens is governed by a decentralized smart contract and a self-regulating protocol.
Name: Hannah Morgan
Email: [email protected]
Organization: Centric
Address: Centric Foundation, City Road, London SA44 9LP, United Kingdom
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