Crypto:
36635
Bitcoin:
$92.418
% 0.72
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.418
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

What is Incentiv (CENT)?

Incentiv CENT Overview

Incentiv is an EVM-compatible Layer-1 blockchain designed to make blockchain technology accessible, intuitive, and rewarding for everyone. The project bridges the gap between Web2 and Web3, enabling both technical and non-technical users to interact with the blockchain seamlessly.

Three Core Principles

  • Enhanced User Experience: Simplifies wallet operations with account abstraction; users can pay gas fees using any token.

  • Sustainable Economic Model: Rewards contributions from miners, developers, users, liquidity providers, and bundlers based on real metrics.

  • Developer Tools: Offers Web JS SDK and detailed documentation for easy dApp development for both Web2 and Web3 developers.

Team & Founders

  • Arben Kane – Co-Founder

  • Agon Avdimetaj – Co-Founder

  • Patrick Woo – Head of DeFi

  • Roei Soudai – Head of Product

  • Michael Hamou – Head of Operations

  • Aditya Julka – Advisor

Investors & Notable Partners

  • Managed 1.2M wallets on the testnet early on.

  • 26% of tokens allocated for community rewards.

  • Strategic partnership with Republic Advisory.

Project Concept

Incentiv stands out with its contribution-based rewards model: miners, developers, users, liquidity providers, and bundlers are rewarded based on their contributions, not just capital or mining power.

Investors & Partnerships

  • Some tokens allocated to community rewards.

  • Strategic partnerships with Republic Advisory and Web3 development platforms.

  • Early participation offers opportunities to claim rewards from incentive pools.

How It Works

  • Consensus: Proof-of-Work (Ethash) with reward distribution based on contribution scores, unlike classic fixed PoW rewards.

  • AAA (Advanced Account Abstraction): Smart contract wallets are the default account type.

  • Incentiv+ Economic Engine: Fees collected from transactions go into a reward pool distributed based on contribution scores.

  • EVM Compatibility: Solidity contracts run on Incentiv without changes.

Governance

Key protocol parameters and future upgrades are determined through a DAO framework led by $CENT token holders.

Roadmap

  • Q1 2024: Ideation & Planning

  • Q2 2024: Fundamentals of Value

  • Q3 2024: Network Ignition (testnet)

  • Q4 2024: Foundations in Motion (infrastructure & protocol setup)

  • Q1 2025: Expanding Horizons (public testnet, Incentiv Bundle, integrated DEX, developer tools)

  • Q4 2025: A New Era (mainnet launch, Unified Token, Incentiv Bundle, reward distribution, TGE)

CENT Token Use Cases

  • Token: $CENT

  • Pay transaction fees (gas with any token)

  • Reward network contributions

  • Provide liquidity and trade on DEX

  • Stake or hold to increase contribution scores

Token Information

  • Total Supply: 100B $CENT

  • Max Supply: 100B $CENT

  • Circulating Supply: 9.8B $CENT

  • Supply Model: Fixed; no inflation or new issuance

  • Rewards: Distributed from transaction fees

Token Distribution

  • 26% Contributors: Testnet users, XP earners, badge holders, LPs

  • 74% Others: Miners, developers, users, ecosystem fund (distributed epoch-based)

  • Vesting: 74% allocated to network growth, locked for decentralization

Ecosystem

  • Participants: Users, developers, bundlers, validators, dApp creators

  • Incentiv+ Engine: Distributes transaction fees based on contribution scores

  • EVM Compatibility: Solidity contracts integrate seamlessly

  • Developer Tools: Web JS SDK and documentation

  • Partnerships: Plena Finance (AI dApp builder), PlaysOut (mini-games)

  • Community: 16,000+ Incentiv Chips claimed, active Discord

  • Sustainability: Community-focused growth, eco-friendly approach

Key Features

  • Simplified onboarding

  • Incentiv Bundle (multi-transaction approval)

  • TransferGate for transaction control

  • Unified Token for all operations

  • Incentiv Name Service (personalized addresses)

  • AAA – Advanced Account Abstraction

  • Contribution-based reward pool

Official Links

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