Internet and Technology Company raises private money to fund its revolutionary blockchain-based incentive network
Singapore : Today, Centive Technologies Corporation, an internet and technology company announces that it has secured a private investment round for its blockchain-based incentive network.
Although the investors and exact amount are undisclosed, it is believed to very strategic capital deployed by veterans of the internet industry in Southeast Asia. The funds raised will go towards product and business development, as well as hiring.
Centive’s COO, Benjamin Ryu said, “This round of investment is just the beginning. As we are close to finishing our product and platform, the next step is invest significantly into technology development and deployment. We are confident that our technology will be groundbreaking for advertisers and consumers alike.”
The global advertising and incentives industry is valued to be close to US$600 billion in 2018, and will continue to grow. In addition, the blockchain industry is expected to be worth trillions of dollars in the next decade. Centive’s plan to bridge both industries could see it tapping into massive opportunities down the road.
About Centive Technologies Corporation: Centive Technologies Corporation is an internet and technology company with presence in Singapore, and operations around the world. Founded in 2018, it is helmed by executives formerly from Rocket Internet, Alibaba, and ad giants in Europe. For more information, visit centive.org
PR contact person:
Chong Siong
Centive Technologies Corporation
chong.siong@centive.org
