Centrality (CENNZ) Analysis

Market Cap

$41,996,227 USD

Volume (24h)

$1,018,247 USD

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3.1

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

Centrality Markets Rank: 2/100
Volume Ratio

How actively is this asset being traded on the market?

Centrality Volume Ratio Rank: 2/100
Market Cap

The total cost of all coins available.

Centrality Market Cap Rank: 95/100
24h Change

Is the price moving up or down?

Centrality 24h Change Rank: 52/100
Social Following

How many users are following this coin?

Centrality Social Following Rank: 70/100
Twitter Citation

How many users are talking about this coin in Twitter?

Centrality Twitter Citation Rank: 6/100
User Voting

How popular is this coin among Cointobuy community?

Centrality User Voting Rank: 69/100

Centrality investment analysis

A very common premise among decentralized projects is the need to create a community-driven network where members of the community are the true value creators of blockchain accessories – decentralized apps. This can be a challenging hurdle for startups, especially in a very competitive market.

The major problem being addressed by this platform is the difficulty experienced during development, execution, and adoption of decentralized applications and Centrality provides a solution by creating a springboard for startups to jumpstart these primary stages of development of these dApps through their platform by utilizing an existing audience and market-base.

Its ecosystem comprises of already established and constant interactors with a wide range of blockchain products. Centrality investment is a huge opportunity for stakeholders to take part in a shifting paradigm of application development industry, and also a unique opportunity for developers to scale their businesses without the constraint of the everyday hurdles startups encounter in the real world.

$0.035505

+188%

$0.10225

634/3506

by Safety

959/3506

by Profit

How to buy Centrality?

To buy Centrality tokens are quite challenging because the token has not been listed on too many exchanges at the moment making quite difficult for new members of the blockchain industry to locate on other exchanges. Also as of the time of writing, about two exchanges were currently trading the asset and had only traded to the BTC and LTC, therefore making it difficult for other cryptocurrency asset or fiat owners to easily buy CENNZ coin. However, being hopeful that as the coin continues to gain reputation, other trade pairs and exchanges will be added.

You can buy CENNZ – the token for the platform, by exchanging BTC or LTC with the coin, however, you can only get BTC by buying from the exchange through exchanging other assets for it or using fiat to purchase the BTC. After purchasing the centrality coin, you can store your new asset on the exchange wallet or using myetherwallet.

XRP

LINK

SALT

NEXO

CEL

ETH

ADA

ONT

VTHO

ETH

ELA

ETC

BNB

VTHO

PERL

MTL

EVX

ETH

ADA

DOT

XLM

DOGE

LTC

ETC

BNB

The project seemed to have lined up a series of successes and is headed for more down the development stream. With their crowdsale recording a huge success; interests from the government of New Zealand who providing a nonrefundable grant of $15 million NZD covering 3 years; and an increasing number of applications currently staking an interest in the platform, it, therefore, means that the project is going in the direction of their objectives.

Unlike many centralized application development platforms, the advantage this business model confers to investors is achieved through the ideology of consolidating and localizing decentralized applications and their user-base, while also distributing the financial prospects.

In other words, they focus on building an ecosystem where the number of dApp creators and users can grow organically and at an exponential rate, with the economic potential and financial prospects increasing simultaneously; whereas the system infrastructures are completely dependent on the community efforts with startups and users well incentivized to contribute to the development of the system.

The uniqueness of this project is the simplicity it accords users to be able to opt-in or switch between different dApps without the need to install multiple applications independently, therefore easing the transition on a single frame. This is because all the apps are able to sync with each other through the network of pooled systems.

The developers on the other hand also have the advantages of running program compatibility simulations with other programs and developers and establish commercial values through smart contracts. This reduces the huge amount of time and financial resources expended in establishing the traditional systems of partnership.

It would seem that the project has indeed created a niche for itself and is addressing a real-world problem with application development by start-up enterprises. So if you choose to invest in CENNZ coin, you would be staking in a new niche of globalized decentralized dApps creation economy. The potential of this model far exceeds the current horizon, as it gives a handle on how the democratic internet economy can be achieved and liberates the startup developer from the initial difficulties of reaching new audiences.

It is safe to assume that an investment in the platform will indeed reward stakeholders in real-time, as investors will reap an overall huge ROI with an increase in the prices of the CENNZ token which is ushered in by an increasing patronage of the decentralized market hub by both developers and users. It’s a ‘triple-win’ effect. However, investors should observe due diligence before staking their investments especially when huge sums are involved.

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