Cryptocurrency just got reliable. Two words that seem to boggle the minds of many crypto experts is ?mass adoption?. The mindset of day-trading or swing -trading crypto makes it less currency and more commodity. However, without this ?investor?side of the market, the interest in crypto would likely fade out. Currently, popular currencies like Bitcoin, Ethereum, and even Litecoin are struggling to find any means of usage or adoption. The reputation of Bitcoin is scary to many investors because it is both volatile and widely used for illegal, dark-web practices. W ithout price-stability, there will never be a mass-adopted coin to act as a global decentralized asset. Because of this, millions of people around the globe still struggle with access to unrestricted financial services. Fortunately, this is where Centric steps in with its two-token system to help promote a price-stable crypto market with true potential for adoption. Centric operates on the basis of a two-token system .The two tokens involved in this system are Centric Rise and Centric Cash. Centric Cash is publicly traded on coin exchanges and has a price target of $1.00 - backed by 1 usd of Centric Rise W ithout price-stability, there will never be a mass-adopted coin to act as a global decentralized asset. Because of this, millions of people around the globe still struggle with access to unrestricted financial services. Fortunately, this is where Centric steps in with its two-token system to help promote a price-stable crypto market with true potential for adoption. Dual Token Model Centric Rise works as a ?backing?or incentive to purchasing Centric Cash. Centric Rise?s value only goes up and can only be obtained by purchasing Centric Cash and converting it into Centric Rise. The growth rate of Centric Rise is pre-determined 12 months in advance by the Centric team. The growth rate of Centric Rise is also affected by the number of people purchasing it: more people = less growth. This concept makes early adoption of Centric very attractive for crypto investors due to a guaranteed ROI (return on investment). If the value of Centric Cash falls below $1.00, this provides an incentive for investors to buy Centric Rise at a discount. If the opposite were to occur and the price of Centric Cash rose above $1.00, it would provide an incentive for Centric Rise holders to liquidate for profits. This relationship encourages market direction, thereby encouraging price stability. Rise On ly M odel Some folks might ask, how does Centric Rise always grow in value? This question is answered on the relationship between supply and demand. Centric Rise works as a deflationary commodity, meaning that a set amount of tokens is burned each hour. Because supply is decreasing and demand remains constant or goes up, the price of the token rises. In a sense, Centric has created a crypto opportunity that incentivizes initial backing but promotes stability and adoption for the long term. Cryptocurrency, if adopted globally, would change the world. People would be able to trade goods and services across borders in a decentralized, fair, and easy manner. There would be no more worries about conversion rates and price volatility. Could you imagine financing a house with bitcoin today? Imagine the anxiety that the lender would have over price speculation for the long term; such volatility bears a heavy risk for families and the safety of assets. Stable coins like Centric will likely be the future of crypto, but there is still a lot of hurdles to overcome as it pertains to mass-adoption. The good news is that Centric seems to have found a way that encourages investment into their platform thanks to the two-token system. Perhaps, through Centric, investors will be able to sigh with relief ? at last, a cryptocurrency that acts like currency and not some volatile lab experiment. Con su m er Use Case Peter has $1,000 worth of CNR which is valued at $10.00 per token so he has 100 CNR In this customer use case Peter wants to sell Peter converts from CNR to CNS so he can easily sell on his favourite exchange.He now has 1,000 CNS and his CNR is held as security for that CNS that has now been minted. For this example the trading price of CNS is 50 cents . He sends his CNS tokens to exchange and sells them, Peter gets his $500 and lives happily ever after. The person who bought the CNS tokens converts the CNS (1,000 tokens) to CNR but the price per token has slightly increased to $11.00 now. They would receive 90.90909090 CNR (the -9.09090909 CNR was burned out of circulation) New buyer paid $500 and got $1000 worth of CNR (90.90909090 tokens) The 1,000 CNS that was minted was burned when the new buyer exchanged them for CNR Socials Offiical Links Centric Announcements (Telegram) Official W hitepaper General FAQ Centric Wallet FAQ Centric Rise FAQ Centric Cash FAQ Facebook Twitter Blog Communit y Links Facebook
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