Cenfura Tokens, also called XCF tokens, are Utility Tokens. Utility tokens can give holders a right to access a platform and perform a “consumptive purpose” for the products/services available on the platform for reservation or purchase. In the case of the Cenfura Platform, XCF tokens are used for access and they also completely replace fiat currency as the medium of exchange and settlement for energy goods and services. Therefore, transactions initiated with an accepted fiat currency or other allowable tokens will be automatically converted into XCF tokens at the equivalent current market value.
Having a utility token unique to Cenfura brings three primary benefits.
(1) First, a proprietary medium of value exchange allows for a more orderly and autonomous transactional economy between platform participants and by extension the surrounding ecosystem. This includes abilities such as using smart contracts to lock in future goods and services, creating ecosystem-specific incentives and rewards, granting rights, and the ability to moderate unbalanced market behaviors, to name a few.
(2) Secondly, it helps create a specific economy around the Cenfura token and platform, enabling Cenfura to work with both government and non-government entities to implement community-based inclusion initiatives, including energy poverty, energy surety, and small business development programs using the XCF token. This is especially important to the otherwise unbankable in societies across the world.
(3) Lastly but maybe most importantly, since buying and holding Cenfura’s tokens represents prepayment of future goods and services, this creates additional working capital enabling Cenfura to grow faster and pursue its vision of accelerating the adoption of clean and locally generated renewable energy across the globe.
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.