Centive is a blockchain based incentive network centered on frictionless and ultra low cost transactions with tokens.
Centive is a blockchain-based incentive network for 2-way value exchanges between businesses and consumers. Businesses can offer special deals, discounts, giveaways, and coupons.

Today, Centive Technologies Corporation announces its plans to reshape the incentive industry. Centive will be introducing a cutting edge platform to be used both by businesses and consumers. Centive’s easy to use platform is powered by blockchain and will bring together value creators; who will benefit from blockchain’s frictionless, and ultra-low-cost transactions.

Its platform use cases range from enabling cashbacks, running affiliate networks, and even crowdfunding. Socially responsible brands who want to give back to the community can easily support community charity projects listed on its platform. Cutting edge features such as “pay-it-forward” also enable brands and consumers to give back to the community. Centive believes that its platform creates opportunities for participants from all walks of life.

Benjamin Ryu, COO of Centive.

"We have approached and have been approached by a good number of companies. They like what our platform could potentially achieve. Many company owners agree with our philosophy that incentivising can be made simpler, and if it can benefit the community, that would change the whole industry overnight. If I must be honest, not everyone loved the idea of giving discounts to consumers in the current economic climate. But they all agreed that if they could save on agency fees, it would be worthwhile. We may be sitting on the next big thing, but our team will continue to work hard and smart"said

Centive continues to see a wide range of application for its blockchain-based incentive network. If its plans materialize, Centive sees a place for itself not only in cashbacks and rebates, but affiliate networks, crowdfunding, tipping, charities, and content monetisation.

by allowing accumulation and spending of tokens within the ecosystem and platform, helps companies that only want to use Centive tokens for marketing activities, to manage their accumulation and spending so they end up holding zero tokens. This way, there are less risks of financial exposure as well as regulatory conundrums.
Secure platform, cold storaged wallets, ensuring reliability to the highest standards.
Conveniently launch marketing campaigns, without worrying too much about operations.
Conduct 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.

The platform will cover multiple use cases – cashback, lucky draw, group-driven campaign, tipping wallet, digital content creation & sale, crowdfunding, and many more.

Tokens 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.

tokens are created as utility tokens, as means of allowing businesses and consumers a way of keeping tabs on their social status and scoring. They also retain the best legal talent, and engage with regulators.

An internet and technology firm declared that it will carry out an initial coin offering for its incentive network which is supported by blockchain. Known as Centive Technologies Corporation, the company intends to restructure the motivation space, even as it seeks to raise $35 million in the venture.

Previously, the firm had announced that it had effectively won a private investment round, which it would utilize as it invests in high-tech advancement and distribution. Presently, the firm is ready to engage into a forward movement, through an Initial Coin Offering in order to raise the full amount of money even as it grows its commercial interests and eventually get new users.

The money raised will majorly be used to support the developing technological team as well as establish strong and user friendly platforms for users and businesses. According to the Centive Technologies Corporation company’s COO, Benjamin Ryu, blockchain is a very competitive industry and so there is need for the firm to get ready to invest so as to gain from the remunerations.

In as much as the crypto industry has seen a number of failed ICOs in the recent past, the firm intends to use a different monetization strategy in order to prevent pitfalls and realize some gains. Additionally, Centive will expand use cases and improve the usability of its virtual assets.

Centive Technologies Corporation is an internet and technology company with presence in Singapore, and operations around the world. Founded in 2018, it is helmed by executives formerly from Rocket Internet, Alibaba, and ad giants in Europe. For more information,
visit : https://centive.org/
white paper : centive white paper