VANCOUVER, Nov. 27, 2017 /CNW/ – NetCents Technology Inc. (“NetCents” or the “Company“) (CSE: NC / Frankfurt: 26N), is pleased to announce that the first release of the NetCents Coin has been fully subscribed to prior to the end of the presale. As such, the second release has been triggered. Demand of the NetCents Coin (NCCO) surpassed the company’s presale expectations.
As of today, the first tranche of five (5) million coins has been completely sold and already half of the second tranche of five (5) million coins has already been purchased. NetCents Coins can still be purchase as part of the presale until November 30. NetCents Coins from the second release are now being sold at USD $2 per Coin.
“Clearly investors and consumers see the value in a transaction based asset backed cryptocurrency. With the announcement of our agreements with Flexepin and Aliant last week, people have come to understand that this is truly going to be a transaction currency. With the deals which we announced, no other cryptocurrency currently has such established merchant channels to transact with their cryptocurrencies. This truly is a game changer,” stated Clayton Moore, CEO of NetCents Technology Inc.
The NC Exchange, where the NetCents Coin will be bought and sold, will go live on December 1, 2017. When the exchange goes live, the market value of the NetCents Coin will be based on where the company is at with its releases. Should the second release be fully subscribed to before December 1st, the third tranche will be released at USD $4 per coin.
NetCents is a next-generation online payment processing platform, offering consumers and merchants online services for managing electronic payments. The Company is focused on capturing the migration from cash to digital currency by utilizing innovative Blockchain Technology to provide payment solutions that are simple to use, secure and worry-free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online.
NetCents Technology is integrated into the Automated Clearing House (“ACH”) and is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy. NetCents is available for deposits from 194 Countries around the World, providing you with the freedom to choose to Pay. Your Way. ™