Why Centric scores over its Contemporaries

Centric was envisioned with the goal of replacing conventional fiat currencies. Today, among 5000 + cryptocurrencies, Centric stands apart because it is the world’s first dual crypto-currency payment network equipping users with financial freedom. Being a Blockchain-based payment network, Centric is comprised of two distinct tokens that facilitate stability, a formidable incentive structure, and a store of value for early adopters. The exchange between its two tokens is piloted by a decentralized smart contract and autonomously regulating protocol.

How does it work?

In order to understand the two-token process, it is important to understand what each token stands for and the purpose it serves.

Centric Rise

Centric Rise is native currency on the Centric Wallet.

Centric Rise is the quintessential deflationary currency, and the mechanism is orchestrated in a manner that allows for decreasing supply over time at a rate preset by the Centric Foundation a year in advance.

Such action leads to the increase in the notational value of Centric Rise providing a secure means of value-storage. It removes the speculation factors motivating individuals, businesses, and governments to adopt it.

Centric Cash (CNS)

Centric Cash (CNS) is the publicly-traded cryptocurrency with an unshakeable price target of $1.00.
Centric Cash is your gateway to claim Centric Rise through smart contracts. When Centric Cash is converted into Centric Rise, Centric Cash is burned straight away- and out of circulation.

Therefore, Centric Cash is the key to obtaining Centric Rise because when Centric Cash models the price target of $1.00, the markets are automatically stabilized.

For Traders, this is very attractive, because when prices go below $1.00 Centric Rise is an investment inviting proposition and when it goes above $1.00, liquidating is beneficial.

What pain points does Centric target?

Very high volatility because of rampant price fluctuations
Future value estimations are almost difficult to do because of its innate volatility
Early adopters are shying away because of speculation.
Security is a major concern for all users
Abusive price manoeuvering

Centric motivates Market Stability

Stability in tough times is rare, especially with volatile markets. But Centric Cash promises stability. Because when the price of Centric Cash moves away from its target price in the short-run, the structure schematically reduces the force of instability. If the price of Centric Cash goes above $ 1.00 a notification is popped for liquidating which will automatically pull down the price to the targeted one. The advance setting of the market price of Centric Rise makes the future value known factoring in little deviations and self-adjusting mechanisms to handle aberrations.
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Centric stimulates better Adoption**

The token is designed with a principle: the more the adoptions, the faster the centric tokens are burned out of circulation. The Centric think tank is vigilant about the trade to immediately burn tokens when the investor base increases. Centric Rise is not governed by the whims of the market because the token has an infused element of tackling volatility. It is very different from other cryptos because its price is immutable and it is not minted until it is exchanged as a smart contract. Value storage and liquidation go hand in hand with such an advantage.
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Centric enhances Predictability
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Believe it or not, the Centric Rise token price is predictable. Every hour the price increases in value which is published to the blockchain a year in advance. This is a great incentive for investors to join early when financial structures can be established. Click to find future prices.

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Centric encourages Price Stability
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Centric has formulated the dual token system to mitigate volatility hence it has inculcated the concept in its design, rather than doing it superficially. What it does is that it allows the price to go up in a specified manner with an immutable protocol that has instant reactions to real-time demand and supply. The two classes of tokens balance aggregate demand with a feedback structure. It combines external factors and the internal dynamics of the two-token system to maintain the ‘fixed’ rate of Centric Rise. No other cryptocurrencies can do that, because like we said earlier, it is in the design of Centric to curb volatility.

Centric Rise & Centric Cash: Money for the Future
Centric Rise is the arch to a stabilized form of value storage that cryptocurrency has always lacked. As more and more people invest in the platform, the rate of price growth for Centric Rise reduces. That is why investing early in the platform is advantageous because by the time it becomes extremely adopted, it will become rare.

Centric Cash (CNS), the publicly traded cryptocurrency, will be listing on the following exchanges on July 28th, 2020: Bithumb Global, Bittrex Global, CoinTiger, Probit, IKOS