What is CENNZnet (CENNZ)? Blockchain for Open Metaverse

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Bittime -CENNZnet (CENNZ) is an optimized Layer 1 blockchain with available sidechainCENNZnet is designed to empower projects that push the boundaries of decentralized technology.

What is CENNZnet (CENNZ)?

CENNZnet was founded in New Zealand and is a public blockchain that supports decentralized applications (DApps) and the cryptocurrencies CENNZ and CPAY. The platform is user-focused and makes blockchain-based services easily accessible for builders and end users.

CENNZnet (CENNZ) Key Products & Features

• CENNZnet Blockchain: EVM compatible Layer 1 blockchain , optimized for scalability and security.
• CENNZX: A spot exchange module that enables seamless fee payments on CENNZnet and makes token exchange instant and easy.
• CENNZnet Sidechains: Customizable sidechain solutions for various use cases.
• CENNZnet SDK: SDK and tools to help developers build DApps on CENNZnet.

Also read: Get to know various types of DAO & their functions

What is CENNZ?

CENNZ is the native utility token of CENNZnet. CENNZ is used for:

• Pay transaction fees on CENNZnet.
• Staking to secure the network and earn rewards.
• Participate in network governance.

CENNZ Token Tokenomics

• Total Supply: 1,200,000,000 CENNZ
• Circulating Supply: 1,200,000,000 CENNZ
• Market Cap: IDR 311,613,409,559 (as of February 2024)

Also read:

CENNZnet (CENNZ) Fundamental Analysis

• Use Case: CENNZnet has a focus on metaverse, NFT, and DeFi.
• Technology: CENNZnet is an EVM compatible Layer 1 blockchain.
• Team: The CENNZnet team is experienced in the blockchain industry.
• Community: CENNZnet has a rapidly growing community.

Comparison of CENNZnet (CENNZ) & Competitors:

Founder & Team of CENNZnet (CENNZ):

• Co-Founder: Aaron McDonald
• CEO: Nicole Upchurch
• Chairman: Roger Smith
• CCO: Jerry Yuan
• Team: Consists of experienced engineers and entrepreneurs in the blockchain industry.

Expert Opinion About CENNZnet (CENNZ)

• "CENNZnet is a promising blockchain platform with a focus on metaverses and NFTs." - CoinTelegraph
• "CENNZnet is a good choice for developers looking to build scalable and secure DApps." - Cointelegraph

Conclusion

CENNZnet is an optimized Layer 1 blockchain with available sidechain solutions. CENNZnet is designed to empower projects that push the boundaries of decentralized technology. CENNZnet has a focus on metaverse, NFT, and DeFi.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements  for Bitcoin (BTC) ,  Ethereum (ETH ) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.