Centra vs Monaco vs TenX: How Do Their Tokens Compare?

Hello Friends!

Let’s look at these three tokens! They are all very similar. They are all the types of assets you will see many people giving “Wall Street”-esk pricing for. I am not going to do that because
you should always compare assets of similar risk when possible, and, no, you can’t say any of these tokens has a similar risk profile to anything with a current accurate pricing model. I won’t say it is a waste of time pricing these out as traditional assets, but I will say that you should be demanding a sizable premium over said traditional investments because all of these companies, and their tokens, could be regulated out of business tomorrow. Getting a stock dividend from Ford is much more of a sure thing (sadly).

TenX

TenX’s whitepaper is very straightforward. Each TenX PAY token gets an equal share of .5% of all transactions processed by the card. So if you have 10% of the tokens in your TenX wallet, you get .05% of all transactions processed by TenX. If TenX processes a billion dollars in transactions, you get $500,000 back in Ether. A great thing about TenX is that it is committing itself to improving the rate of payouts, from monthly, to daily, to even hourly.

Centra

Centra’s whitepaper isn’t clear at all. The only statement about the CTR token’s function is too vague to be relied on. Worse, Centra’s statements on Medium literally have to be incorrect. By inquiring in Centra’s chat and piecing things together from other sources, I am fairly confident the CTR token is nearly identical to TenX’s, but with proportionally higher payouts. You do need to be a cold holder to get the payouts, and have your CTRs on the platform. Each token is a proportional portion of .8% of all card transactions. Holders of the Platinum card get 12.5% more for the same amount of tokens as other card holders. Payouts are quarterly (I think). There is some risk here simply because all of Centra’s official statements are too vague or contradictory to verify this.

Monaco

Monaco’s MCO token is unique in that it doesn’t give you payouts. The token itself is designed to gain in value. If you were to model this, it wouldn’t make much of a difference. 1% of all crypto transactions are collected and saved in Ether and Bitcoin. Ownership of a MCO token gives proportional ownership in these collected assets. At any point, you can exchange your MCOs for a proportional share of the current collected assets, destroying your MCOs. This has major positives and negatives to the PAY and CTR tokens.

All tokens benefit from the accumulation of crypto assets, regardless where you store them or your card status. You may prefer Ether payments though. Monaco also promotes the MCO token as a cryptocurrency, potentially giving it real value in addition to the asset smart contract. However, any of these tokens can be used as a currency in today’s world. All of this information is public, but I can’t find a working version of the Monaco whitepaper. Post a link if you have it. I assume there isn’t inflation, but if there is, the following conclusion is false.

Conclusion

The biggest determinant of market cap for any of these tokens should be the expected transaction volumes on the cards. Any of the three could become the most valuable. Given the same transaction volume, MCO is the most valuable, unless Ether dramatically appreciates to Bitcoin, or there is MCO inflation I don’t know about. It is hard to rank PAY and CTR because so much of CTR is based on educated guess work. Also, you must be a Centra cardholder and hold your CTRs in Centra’s wallet to get payouts, which dramatically changes the market cap in an unpredictable way.

As always, this isn’t investment advice. I am not telling you to buy or sell MCO, CTR, or PAY.

I hope you found this helpful!
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BITCOIN (BTC):: 1jsF3BFYNGRG7rtzjuKbtPURcKzod4etq
ETHEREUM (ETH): 0xa26724b29Ee557960eB9A92d659BB88ddA8d47d1
LITECOIN (LTC): LTEU39XFtD1nj1QqpuVf97ok8F5bFL5VeK
ARK (ARK): ATkSmt2LqAwKm6zmd8aYwZB4cUEZGrcCym
MONERO (XMR): 48nXBajorzkZLeotCBw1XgYaUgENGuxS1hhK75hoGgUSQVHsoVa3EWj86EvqKjeorUY77SVu8fj8TPevfz3dnmX567djac2

Your Friend,
RoosterRed
MONERO (XMR):

Note: I usually have to correct grammar mistakes in my articles, so this will likely slightly change. It is usually little, inconsequential mistakes like “their” instead of “there”. Also, I will have to do a major revision if my information on CTR or MCO is incorrect.