That is why we consider Cento not just a cryptocurrency, Cento is the next stage of development, which we called a smart currency.
We have been working with precious metals for a long time and have studied this market well. We know perfectly well the advantages of gold and other precious metals, but we are also aware of their disadvantages, the main of which is the inability to use gold as currency, in any case, if a person wants to buy something, he needs to take the gold bar to the bank and exchange it for fiat currency, while losing a huge amount of money. Is it fair? We think not. That is why we started work on a completely new product that will take all the benefits of owning precious metals and remove their disadvantages.
When we started working on Cento, we set ourselves the goal of making something more stable than fiat currency or cryptocurrency, but at the same time, it would not have the disadvantages inherent in precious metals. Trying to find the perfect formula, we came to the conclusion that simply combining cryptocurrency and gold will not work, we need a more complex mechanism. Our development and forecasting center decided to add 7 more precious metals to gold in order to make Cento more stable in the long term, this showed much more interesting results, but we decided not to stop there. The ninth element was added by Decem xAI, which must respond every second to market changes, as well as help predict market changes in order to take action in advance to strengthen Cento. Cento also received another important advantage - unlike other coins, the percentage of transactions or exchange goes not to the creators' wallet, but to Cento's reserves, which make it even more stable. That is why we consider Cento not just a cryptocurrency, Cento is the next stage of development, which we called a smart currency.
But precious metals have another drawback that no one talks about, but everyone knows it. This is that they do not like openness and, we decided to change this by introducing a philosophy of total openness in Cento. This is done so that everyone can understand that Cento is not a fiction.
Like a real coin, Cento is minted using a complex process; during minting, a huge amount of information is tied to this smart currency, from information about the suppliers of precious metals to the contract number and the ID of the bar that is tied to a particular coin. Each person can find out what metals are attached to his Cento, who was the supplier of precious metals, see contracts and other important information.
A person receives not just an empty cryptocurrency that costs nothing, or a small ingot of gold or silver that is stored in a safe and grows very slowly in price, but a smart currency for which 8 real metals are assigned and a whole system that works to ensure that Cento always grows in value.
If you want to know more about the Center, you can read about it on the Cento website.
