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RE: CENT Powerup Day! 5000 CENT Powered up!

in Cent2 months ago

Is the CENT token's runner/owner actively maintaining it? Or, it's similar to ALIVE?

I kinda lost interest in the Layer 2 tokens. Too centralized! Most of them are run by a single person. If any happens to him/her, the project vanishes!

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Is the CENT token's runner/owner actively maintaining it?

To my knowledge it is run by one person and he is actively maintaining it. There is always the risk with any investment and there is no guarantee that it will perform well in the future. However, I have seen some very promising events and collaborations with other tokens. I see these collaborations as decentralizing the Layer 2 tokens, since if one goes down for some reason, other tokens can increase in value and make up for it. Diversification.

it's similar to ALIVE?

Would the project vanish if the runner/owner doesn't maintain it? It could, but ALIVE is an example where the token is sustained by the community without a central runner/owner. ALIVE token is still worth more than most other tokens, even now. The token has been maintaining a stable value. As far as I know, ALIVE is still the only layer 2 token that rewards daily tokens for stake. DHEDGE, LOLZ and BRO tokens are all stable income generating tokens. And the ALIVE:ALIVEM liquidity pool is generating daily BEE rewards. ALIVE is very much still ALIVE.

CENT is more straightforward, less overhead. Focusing more on simple trades between CENT and other tokens, liquidity pools, contests, etc. My interest in this token has to do with it being undervalued, rather than overvalued.