Centric closed out a banner year, and we expect an even bigger 2022.
While we celebrate the new year, let’s look back at some highlights from the fourth quarter.
“We Accept Centric”
While our CENPAY product is still in development, we launched a new campaign called We Accept Centric to support crypto-savvy business owners in introducing and advertising peer-to-peer (P2P) Centric payments.
Ready to accept P2P Centric payments at your business? Complete the form at the bottom of our CENPAY page, and someone from our team will be in touch.
New Payment Integrations
Exchange Listings / News
A December 11 hack of the AscendEX exchange threatened to put a damper on the holiday cheer. Included among the tokens drained from an AscendEX hot wallet was a whopping 2.441 Billion CNS. (To be clear, it was a hack of the exchange, not Centric).
From the start, AscendEX pledged to cover lost user funds. On Christmas Day, we announced AscendEX would purchase the lost CNS tokens OTC from Centric Foundation.
Three cheers for AscendEX for the way they responded to this unfortunate situation. NO cheers for the Grinch Who Stole Crypto!
In November, Centric went cross-chain with a listing on DEX and cross-platform swap FibSwap. Users can obtain CNS via FibSwap not only with tokens on Binance Smart Chain (BSC) but also Ethereum, Polygon, and Fantom blockchains.
Changelly.com / Indacoin
The last quarter brought new partners and exciting updates from existing partners.
Green House Staking
In November, GHS hosted a pre-launch bug bounty event. Using the GHS testnet, participants made some important discoveries that weren’t picked up in the smart contract audit. The result? A safer, more secure GHS will launch. (And the “bug-zapper” who found two bugs received some well-deserved CNR).
Cipher Volt / Burn It Down! Pyromaniacs NFT Collection
In October, the designers behind Cipher Volt launched an NFT campaign to raise awareness of Centric’s hourly burn. As of December 16, NFTs raised 130.21 BNB. With those funds, we purchased 85,970,241 CNS from exchanges. After converting it, we sent 495,459 CNR (nearly half a million!) to the burn address, permanently removing it from the total supply.
Did you miss out? There are still Pyromaniac NFTs available for purchase. In fact, Pyromaniacs still holds the Top Artist position on AirNFTs—by a significant margin!
At the start of the quarter, we announced that Asia’s Absolute World chose Centric as their cryptocurrency partner. They followed up with travel vouchers for 100 lucky couples to enjoy a 7-night luxury holiday at Thailand’s Twin Sands Resort & Spa for only 999 CNR.
New Businesses Accepting Centric
Several new merchants began accepting Centric this quarter.
Red Devil Pizza
As we shared in a blog post introducing the new “We Accept Centric” program, Covina, California’s Red Devil Pizza accepts Centric at their restaurant.
A new sportswear / streetwear company, Camelus Clothing launched on December 30. To celebrate their launch, they’re offering customers paying with CNS a sitewide 10% discount for the month of January. (Use promo code: CNSPAY)
Louie’s Lures is an American handcrafted bait and fishing tackle company, based in Illinois. Hear what Louie had to say about you—the Centric community—in his conversation with Centric CEO Joel Clelland.
CargadorCoches of Madrid, Spain offers home chargers for electric vehicle owners, with a 10% discount for CNS payments.
A small batch hot sauce company from Pueblo, CO, PexPeppers will gladly spice up your diet in exchange for CNS.
The Bitcoin Wardrobe
Crypto-Themed Clothing Company, The Bitcoin Wardrobe, offers a 5% discount for CNS orders of their clothing and other swag.
London’s CBDOILGB sells CBD oil products, “made from source hemp grown, formulated and processed by a CBD isolate processing company in Colorado, USA.”
Metrics & Milestones
Centric Rise Growth
CNR’s pre-determined growth rate for October was 16% before dropping to 15% for November and December, per the immutable price blocks set by Centric Foundation.
October Starting Price: $149.83
December Closing Price: $229.62
Centric Rise Cumulative Burn
As of December 31, 2021, the cumulative burn reached 113,216,319 CNR.
Wait, why does the burn matter? Grab your favorite beverage and read this.
Other News from Q4
Holiday Gift Giving Extravaganza
With holiday magic in the air, Centric put together eight exciting prizes / packages valued at over $4,580 and gave them away through Twitter. If you were one of the eight lucky winners, be sure to DM @CentricRise with your address so the elves can get your prize delivered.
We dropped a brand new explainer video at the end of November. It’s a great one to share with others.
In November, we hosted members of the FibSwap team for an audio AMA on our Telegram. You can find the recording here. FibSwap then returned the favor and hosted Joel and Tommy for a lively AMA with the FibSwap community.
Goldgenie Centric iPhones
Our friends at Goldgenie turned heads with their limited edition “Centric” 24K Gold iPhone 13. Last we heard, there are still a couple available.
If you’re tired of getting teased about your flip phone, here’s your chance to level up bigly. And yes, you can pay with CNS.
YouTube Content From Our CEO
Joel continued to drop new videos on his YouTube channel. Some highlights:
Centric Education Series (CES)
We said at the start of Q4 that it would be action-packed. Well, we’re just getting warmed up—there’s LOTS more to come in 2022.
Thanks to each of you for your support over the past year.
Like most everyone else, we’re looking forward to getting the darned pandemic behind us. It will be great to finally connect with you at conferences and other in-person events.
It’s an honor to have you with us on the journey!
Now let’s blow 2022 out of the water!