CENNZnet

Halal Rating :
Questionable
Last Price $0.0039 Last updated:
Rank 1394
1D Change 0.21 %
Market Cap $4.7m
Circulating supply 1,200,000,000
Maximum supply None

Crypto Overview

Categories
  • Marketplace
  • Enterprise Solutions

Purpose and Utility

CENNZnet was designed as a public blockchain platform focusing on enabling businesses to build decentralized applications (dApps). The network was developed by Centrality, aiming to provide scalable blockchain infrastructure with a focus on user experience and developer tools.

Business Model Evaluation

The platform's core functionalities include smart contract deployment, a multi-token economy, and cross-chain interoperability. The CENNZ token serves as the native currency for transaction fees and network governance.

Development and Adoption

Important Note: As of 2023, CENNZnet has ceased operations. The project officially announced the end of its mainnet operations, and the development team has stopped maintaining the network. This represents a significant change from its original mission and utility.

Token Distribution and Governance

Historical records show that the token distribution included allocations for the development team, early investors, and public sale participants. However, with the network's cessation, these details are now primarily historical rather than operational.

Rating Justification

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