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What is CENNZnet (CENNZ)?
CENNZnet basic info
What is CENNZnet?
Start-ups can benefit from Centrality, a blockchain platform that prioritizes user experience. The platform and application are designed with a human-oriented approach, providing access to a range of applications. Centrality's goal is to promote the adoption of blockchain networks by focusing on mass use-cases for users. By utilizing blockchain technology, Centrality aims to disrupt the existing barriers to entry for start-ups, providing support for business growth.
How does CENNZnet Work?
Starting a new business can be challenging, especially with the high competition and established players in the industry. However, Centrality offers a solution to these entry barriers by providing startups with tools and features such as self-communicating software (APIs) to help them create value for their products and services. The platform is designed with a human-oriented approach, linking on-platform applications together to improve user experience. Users can utilize the open-source protocols to create business models based on DApps, which are interconnected on the Centrality network. This allows for seamless maneuvering through the application in a user-friendly manner. Additionally, startups on the Centrality network can create commercial connections through collaborations with other DApps via smart contracts, reducing the time and costs of traditional means of business partnerships and integrations.
What are CENNZ and CPAY Tokens?
Centrality network has two utility tokens, CENNZ and CPAY. CENNZ tokens are used for staking activities, while CPAY is required for network transactions. Users can stake their CENNZ tokens and receive rewards in CPAY tokens. Developers on the network need to obtain CPAY tokens from CENNZ holders to provide functionalities to their DApps.
CENNZ supply and tokenomics
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What is the development prospect and future value of CENNZ?
The market value of CENNZ currently stands at $8.61M, and its market ranking is #1145. The value of CENNZ is not widely recognized by the market. When the bull market comes, the market value of CENNZ may have great growth potential.
As a new type of currency with innovative technology and unique use cases, CENNZ has broad market potential and significant room for development. The distinctiveness and appeal of CENNZ may attract the interest of specific groups, thereby driving up its market value.