Centive - Blockchain-based Incentive

Centive is a blockchain-based incentive network for 2-way value exchanges between businesses and consumers.

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 centive.org

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.



Businesses can offer special deals, discounts, giveaways, and coupons. Consumers can provide value by sharing on social media, making a purchase, writing a review, and more. We strive to create a level-playing field for everyone; from big corporations, down to the individual, creating an ecosystem that just keeps giving. Centive is safe and easy-to-use, borderless and global. At its core, the Centive token’s utility is the key driver by building a blockchain-based incentive network that benefits value creators. Businesses can reduce costs without intermediaries, and can save more for the future of tomorrow.

Since recession hit (and we would say globally since 2008), the global economy have been surviving on cheap money, in particular thanks to low interest rates by central banks. However, as we all know, there are no trickle down benefits as banks refused to lend to businesses, but used the cheap (and easy money) to fuel their gambling on the financial markets. Businesses in particular have felt the pinch, but as their revenues were hit, they needed more and more advertising to boost their sales. Centive trains its eyes on the ever-growing advertising industry which in 2018 is expected to be valued at US$558 billion  globally. Of that, a huge percentage is spent on incentivising actions from prospective customers. Incentives (or discounts) are given stupidly (without understanding data and return on investment) on every front which begs the question - “is there a better way?”.

Product
Wallet App
Balance - Show your current Centive token balance and past transaction information.
Fingerprint or Pin Verification - Will be required for transactions. Will ensure safety for users.
Transaction History - The complete record of the successful transactions will be shown.
Expenses - User will be able to view month-to-month expenses, and create custom categories.
Wallet - Enable to send & receive Centive tokens. To send Centive tokens, users can fill in the address, enter the desired amount and send.
Menu - Allow users to conveniently navigate the app with ease.

Business Portal
Dashboard - Enable user to see an overview of their marketing performance.
Home - Enables business users to see their overall business performance through simple graphs and statistics.
Campaigns - Allow users to dig deeper into individual campaign performance, and setting up new campaigns.
Customers - Enable business to keep track of basic customer details (with the customer's permission), simplify customer management down the road.

Marketplace
Coupons - Get the latest discount codes from well-known brands.
Homepage - Users are able to see various promotions from popular brands.
Stores - Enable end users to navigate through countless popular deals.
Online Shopping - Enable wallet to get online some great shopping Deals



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



For Information

Website: https://centive.org/
One Pager: https://s3-ap-southeast-1.amazonaws.com/centive/Centive_1-Pager_English.jpg
Whitepaper: https://s3-ap-southeast-1.amazonaws.com/centive/Centive_Whitepaper_Official.pdf
Twitter: https://twitter.com/CentiveOrg
Telegram: https://t.me/centiveorg

Author;Asarab
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