nCent

What is nCent

nCent is an ecosystem designed to grow the network, so all sponsors and participants in the network can benefit.

there are three core components that determine the value of a network such at nCent: ? The number of wallets and participants. This is the main driver of network effect: well studied networks properties such as Metcalfe’s law state the value of an network grows proportionally with the square of the users, so the value added by each additional new member increases as the network size increases 25 . ? Transaction velocity. An important indication of how vibrant the network is, both in terms of engagement and utility consumed on the network. Transaction values are core concepts in some models of networks such as Beckstrom’s law 26 . ? The cumulative value sponsors endowed on the network. This represents the base economic value anchor of the network, while disregarding other factors such as social utility.