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Centrality (CENNZ): Surging Without Warning




The world of blockchain technology is a fascinating one, with newer use-cases being introduced on a regular basis. There is a growing shift in focus from the currency side of cryptocurrencies of its blockchain technology, as developers are unlocking newer possibilities with blockchain integration. Amongst all such blockchain projects, New Zealand based Centrality is starting to catch the eye. Centrality aims to create a solid marketplace infrastructure specially catering to decentralized apps.

The team emphasizes that their technology will provide the necessary building blocks required to develop a full-scale blockchain based services rounded off by a consumer-friendly experience. While all of these pointers seem very enticing, Centrality seems to back it up with their recent announcements and technological upgrades. The network has amassed more than 400,000 users with a revenue generation of $12 million. At the time of writing, Centrality was valued at $0.188228 USD and ranked 70 according to coinmarketcap. The price spiked from $0.109186 (high) on June 20th straight to $0.183484 the next day.

Recent technological Developments

Centrality, the parent company is regarded as one of the leading blockchain ventures in recent times. It has an experienced and skilled team spread globally in locations like Melbourne, Auckland, London, and Singapore. The project is backed up by a global network of investors and driven by a strong vision. After completing a very successful ICO event back in January, Centrality has yet to experience widespread adoption. With a total supply of 1.2 Billion CNNZ Tokens, Centrality is expanding even through a bearish market. There are several reasons for this, with technological improvements being the main reason.

  1. Centrality Ventures Innovation Hub: Centrality always stressed on the need of highlighting blockchain to create a new type of economic model. This involves helping other projects to succeed within the blockchain ecosystem. On June 13th it was announced that Centrality was introducing a fully immersive blockchain incubator aimed to assist projects within a blockchain ecosystem. The innovation hub, which sits within the Centrality Ventures, aims to attract like-minded innovators and subsequently leverage Centrality’s global resources for dApp development. According to the CEO Aaron McDonald, “Our idea is to have 1,000 zebras, not just one unicorn. We want to create a stampede of businesses that are creating new innovation in the decentralized marketplace”
  2. Amazon Cloud Partner: One of the main hurdles in Centrality’s path to widespread adoption is a lack of exchange. Centrality is relatively new compared to other projects, and the CNNZ tokens are still considered best for speculative trading with hype as the driving factor behind it. In this case, partnerships are very important as it adds major value to the company’s vision. On June 21st the Centrality team announced that they had become an Amazon Cloud Technology partner.  This is a major step forward for any cryptocurrencies, as many have started forming partnerships with leading cloud-based service providers.
  3. Upcoming Centrality dApp Marketplace: According to CEO Aaron McDonald, the Centra team has huge plans for the upcoming dApp marketplace which they are working on. Probably the highlight of this release will be “Centra Pay”. CentraPay is expected to act like a payment processor for the Central ecosystem, quite similar to Apply Pay. It is reported that the team is on working on integrating it with other POS systems as well as with Instagram.

Centrality’s Recent Market Performance:

One of the main reasons Centrality has caught the investor’s eye this week is its unusual price performance. Even though the overall cryptocurrency market is appearing bearish, Centrality is one of the few projects that stand out.  At the time of writing, (June 22nd), the token’s value rose to about $0.19, which is 79% over the last 24 hours. The CNNZ tokens are trading around the 2,400 Satoshi mark, which is less than the 5000 peak Satoshi levels.  For a project with a niche market, it has become one of the fastest growing assets in that category.

Final Thoughts:

The market is flooded with several blockchain projects which lack real transparency or a working product/use case. However, there are many projects which can be considered as “hidden gems” by investors. Centrality is one of the very few projects of its type which is backed up by a substance in regards to the dev team as well as other technological advancements. With a highly experienced team spread globally, Centrality is a coin to watch out for in the coming weeks.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful trading…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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