NetCents ICO Details

NetCents Technology Inc. is a next-generation payment processor, working with the NetCents Coin Foundation (NCCF), with the launch of a new digital coin – the NetCents Coin.

The NetCents Coin will be:

– Widely held and circulated
– Tradable
– Backed by a Treasury Reserve Account (100% of Treasury coin sale proceeds)
– Operated under a structured coin release to prevent price speculation
– Highly secure and private
– Structured with counterfeiting prevention and fraud risk detection, leveraging next-generation algorithms A global coin, with initial releases in Canada and Europe

With the NetCents Coin, we are changing the game. Finally, a real digital currency for everyday transactions to be used by the masses.

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ICO Structure Details

The release of the NetCents Coin is structured much differently than other cryptocurrencies. Unlike existing cryptocurrencies, the NetCents Coin will be issued over time from the NCCF treasury at market rates with a transparent release mechanism.

The coin release mechanism is a transaction based algorithm. Once released, the coins will be sold through authorized exchanges around the world. All proceeds realized from the sale of the coins by NCCF will be deposited in NCCF’s Treasury Reserve Account, which will be used to support the value and fund the development and continued maintenance of the NetCents Coin.

The structured release management system is designed to reduce market volatility and instill user confidence. Merchants and consumers will be able to transact with the coin with confidence there will be sufficient liquidity in the market NCCF will continue to release coins in this manner to sustain and defend the floor price of each release.
Subsequent releases will be issued at escalating price levels, based on the NetCents Coin’s trading value once it has reached a preset value, rather than at pre-determined times. If there is a rapid price appreciation of the NetCents Coin, NCCF will sell new coins into the price inflation and continue to build its Treasury Reserve Account.

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