Centive Logo

Centive (XTV)

Trust ScoreC

Blockchain-Based 2-Ways Incentive Network

Centive is a blockchain-based incentive network for 2-way value exchanges between businesses and consumers. Businesses can offer special deals, discounts, giveaways, and coupons. Consumers can provide value by sharing on social media, making a purchase, writing a review, and more. We strive to create a level-playing field for everyone; from big corporations, down to the individual, creating an ecosystem that just keeps giving.

  • Category Commerce & Advertising
  • Project Type Token
  • White PaperOpenOpen White Paper
  • PlatformEthereum Ethereum
  • Bitcoin TalkOpenOpen Bitcoin Talk
  • Jurisdiction Not Supplied
Start Date
August 31st 2018
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End Date
November 1st 2018 12:00 UTC
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Restricted Countries
American Samoa
Cayman Islands
Marshall Islands
Puerto Rico
Syrian Arab Republic
United States
United States Minor Outlying Islands
Virgin Islands, U.S.
Tokens for sale


Chong Siong photo
Chong Siong
Co-Founder & CEO
He has previously led marketing in Rocket Internet ventures in Middle East and Asia, responsible for millions in marketing budget. After building the Thai business for EZBUY (South East Asia’s biggest cross-border ecommerce operator), which annualized tens of millions under his leadership, he became a venture builder, advisor and investor.
Benjamin S. Ryu photo
Benjamin S. Ryu
Co-Founder & COO
With experience in managing supply chain and logistics for various retail giants, he was headhunted to manage EZBUY, South East Asia's biggest cross-border ecommerce operator, overseeing the strategic operations and overall infrastructural logistics. Recently, he served as General Manager of Thailand for an SGX-listed tech company, managing legal, finance, human resource and global strategic operations.
Nirmal Natarajan photo
Nirmal Natarajan
Co-Founder & CTO
A serial entrepreneur, a talented automation expert, tech developer and crypto enthusiast. Hailing from the top ecommerce in the region (Lazada/Alibaba), Nirmal is considered one of the most specialized and talented tech personalities in all of Southeast Asia.
Jonathan Rycx photo
Jonathan Rycx
Co-Founder & CPO
A talented UI/UX designer, with a knack for creating beautiful products. He started his career in (Havas) Paris, and later worked for the thriving ecommerce enabler (aCommerce) in Bangkok. Rycx’s designs and innovation are well known in design ecosystem all over Southeast Asia.
Darren Teo photo
Darren Teo
Holding a Masters in Finance, and a fully qualified Chartered Accountant (ICAEW), Darren has built his career in top companies such as PriceWaterhouseCoopers (PWC), Sime Darby (the world's largest plantation owner), and more recently as a senior investment banker based out of Kuala Lumpur, Malaysia.
Vipul Tripathi photo
Vipul Tripathi
Centive’s current chief commercial officer helms strategic business development for one of the largest cross-border ecommerce enablers in the world (Vinculum Solutions) with expansion in SEA and India. With extensive expertise in sales and strategic development, Vipul holds a significant track record of improving sales performance for world’s leading organizations in Telecom, Retail, Healthcare, Travel, Hospitality and Logistics.

Centive Token Distribution

  • ICO Public Sale350,000,000 XTV35.00%
  • Employees & Management250,000,000 XTV25.00%
  • Ecosystem & Community Development200,000,000 XTV20.00%
  • Strategic & Longterm Investors200,000,000 XTV20.00%


  • Nov 2018

    1) End of ICO Centive token tradable in 1-2 cryptocurrency exchanges 2) Desktop wallet launch

  • Feb 2019

    1) Wallet app v1.0 (Global) 2) KYC full integration and process 3) Customer support

  • Jun 2019

    1) Centive marketplace and platform v1.0 (Full-Version) 2) Platform & partnership launch in 2 countries XTV will be tradable in 4 exchanges 3) Operations and live-support

  • Oct 2019

    1) Centive token tradable in 6 exchanges Wallet app v2.0 2) Marketing and PR to promote & support the ecosystem

  • Jan 2020

    1) Platform & partnership launch in more countries 2) Centive product development and growth Annual report

  • Apr 2020

    1) Self-serve ecosystem 2) Open APIs 3) Open development platform


Why is your company going to succeed?

Centive has made it our life’s purpose to help businesses (and consumers) to capitalize on the blockchain economy, by building a blockchain-based incentive network that is effortless to use, and benefits value creators. This network is centered on frictionless and ultra-low cost transactions. Centive focuses primarily on platform development, adoption and user growth to generate value for all users. The aim is to democratise and provide level playing field for businesses to reach users, and for individuals to reach the community. Centive is backed by the community via a public ICO and also Centive’s wallet app and platforms will revolutionise the industry. Up to 60% of amount raised to be spent on platform development, marketing and expanding network and also all the partners who work with Centive will have access to a growing community, as well as tonnes of savings

Where did your team members meet originally?

Our team members are all past colleagues from tech giants of Asia such as Lazada, EZBUY, Alibaba, Rocket Internet, and A-commerce.

What are the top five risks you see for your business?

The top five risk that we can perceive are crucial are:

1) the overall cryptocurrency market performance
2) increased competition
3) legal issues tied to cryptocurrency and ico
4) path to profitability, will take time
5) not raising enough capital to kickstart

However, we are ready to tackle all of these risk and uncertainties with our all-star team.