Centive
Last Update
Aug 30, 2018
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1 XTV=0.1 USD
20% Strategic Investors
25% Employees / Management Team
20% Ecosystem & Community
About Centive
Secure platform, cold storaged wallets, ensuring reliability to the highest standards.
User friendly platformConveniently launch marketing campaigns, without worrying too much about operations.
Automated functionsConduct sustainable marketing efforts, lowering costs in the long run. Pick from our list of fully customizable automated functions, which are also growing rapidly through continuous development.
Multi-function platformThe platform will cover multiple use cases – cashback, lucky draw, group-driven campaign, tipping wallet, digital content creation & sale, crowdfunding, and many more.
Tradable & shareableTokens can be held, spent, shared with friends, or tipped. In addition, tokens can be traded in partner exchanges or exchanged for digital goods on the platform.
Regulator FriendlyOur tokens are created as utility tokens, as means of allowing businesses and consumers a way of keeping tabs on their social status and scoring. We also retain the best legal talent, and engage with regulators.
Features
1) Wallet App
The Centive wallet app will enable end users to both receive and send XTV, check their balance, view their portfolio, check their transaction history, and many more.
2) Marketplace
The first phase of the marketplace development will allow businesses to offer deals to consumers, while the second phase of the development will allow consumers to crowdfund projects, causes, and many more. In our designs, we first demonstrate how the first phase will look like.
3) Merchant Portal
Businesses can deploy marketing campaigns through the marketplace. This platform allows them to manage their ongoing campaigns, compile data, and generate reports.
Technical Info
The Centive token is a utility token. Its purpose is to facilitate access to the Centive ecosystem by providing an ERC20 standard token to trade for services on the Centive platform.The Centive token will be an ERC20 standard (also known as EIP20 standard) smart contract on the Ethereum Mainnet. ERC20 was chosen as this is a popular standard for tokens that has been widely used as the smart contract standard for creating utility tokens such as Centive token. As an ERC20 token, the Centive token will not be mined, but rather will be minted. The Centive token shall have 18 decimal places, giving it high divisibility.
Token Utility
The current proposed Centive model will provide users the ability to use their Centive token through the Centive platform and for transactions made with the Centive Payment App inside the Centive ecosystem. The Centive token will facilitate transactions between the users in the Centive platform or Centive Payment App. It will also act as a unit of value for services offered on Centive’s ecosystem.
Token Role
Rights - The Centive token provides access to the Centive Payment App and Centive ecosystems.
Value exchange - Users can use the Centive token to trade, exchange, tip, pay it forward, and many more.
Function - Being a cryptocurrency, it facilitates frictionless and unrestricted payments through a trustless transaction model, inheriting the benefits of blockchain technology.
Centive Roadmap
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APRIL '18
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Project kickoff
Research and development of the business model
Team formation
Infrastructure and company setup -
MAY & JUNE '18
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Official website launch (English & Korean version)
Product development and design
Smart contracts development
Partnerships -
JULY '18
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Centive utility token design
Smart contracts integration and testing
Test product v1.0 MVP release -
AUG '18
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Start of ICO
Press releases and media coverage -
NOV '18
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End of ICO
Centive token tradable in 1-2 cryptocurrency exchanges
Desktop wallet launch -
FEB '19
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Wallet app v1.0 (Global)
KYC full integration and process
Customer support -
JUN '19
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Centive marketplace and platform v1.0 (Full-Version)
Platform & partnership launch in 2 countries
XTV will be tradable in 4 exchanges
Operations and live-support -
OCT '19
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Centive token tradable in 6 exchanges
Wallet app v2.0
Marketing and PR to promote & support the ecosystem -
JAN '20
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Platform & partnership launch in more countries
Centive product development and growth
Annual report -
APR '20
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Self-serve ecosystem
Open APIs
Open development platform -
OCT '20
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Recommendation engine v1.0
Online to offline modules -
APR '21
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Recommendation engine v2.0
Centive Reviews
In itself, this is a good project that strives for commercial viability in the blockchain space. The use of tech makes sense and usage of gamification elements helps to create a loop.
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