Verified OGs:
9
CryptoFam:
211
Projects:
25598
BTC:
$113,335
3.02%
ETH:
$3,523.82
5.82%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$3.77T
Fear&Greed:
65

Centrifuge [OLD] CFG Logo
Centrifuge [OLD] CFG
$0.24230 15.99%
OG Score 34.69
Reviews 4
Centrifuge [OLD] CFG Logo

Centrifuge [OLD] CFG Price

$0.24230 15.99%
Low All Time High
$0.09996 $2.19

Introduction

Centrifuge uniquely bridges real-world assets with DeFi, offering rapid TVL growth and decentralized governance across ecosystems. More

OG Score 34.69
Reviews 4
Market Cap $136.43M
Market Cap Rank # 387

Token Stats

Fully Diluted Valuation $137.70M
24H Trading Volume $338,223
24H Low / High $0.24 / $ 0.29
Circulating Supply 563.04 M
Total Supply 568.30 M
Max Supply 0.00

Info

Categories Real World Assets (RWA) 5 more
Founder Lucas Vogelsang 1 more
Website app.centrifuge.io 1 more
Socials 2 more
Chains Centrifuge [OLD] Ecosystem
Explorer

CFG/USD Price Chart

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OG Evaluation

OG Score

OG Score Rank #875
Reviews 4
Gem Score 9.28

OGAudit Coin Evaluation Metrics

Innovation 37 .13
Innovation Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is there clear information about the product/service? Is it as good as advertised? How about the growth potential?
Security 34 .08
Security How robust is this network/contract and are there up-to-date technical audit reports? Has the network/contract been halted previously? Have there been any serious hacks or exploits?
Community 34 .53
Community Does the team actively prioritize community input and leverage on-chain voting for decision-making? Is decision-making equitable, or do the whales have undue influence? Are social media and marketing strategies effective and sustainable? Is their social media presence organic, or are manipulated by bots? Do they provide effective user support? Any airdrop for the community?
Tokenomics 33 .05
Tokenomics Does the token have strong and diverse use cases? Are there clear incentives or revenue sharing mechanisms for token holders? Is the token's inflation rate and vesting schedule well-balanced? How much of the supply is controlled by the team or whales? Is the TVL (Total Value Locked) or staked value proportionate to the market cap? Is there adequate liquidity across DEX and CEX pairs?
Team 34 .25
Team Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?
Roadmap 35 .10
Roadmap Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?

Centrifuge [OLD] $cfg User Reviews

What Crypto OGs are Saying About Centrifuge [OLD]

Centrifuge [OLD] $cfg Markets

Name Pair OG Score

About Centrifuge [OLD] $cfg

What is Centrifuge [OLD] (CFG)?

Centrifuge, a pioneering blockchain-based platform, is making waves in the decentralized finance (DeFi) space by seamlessly integrating real-world assets into the crypto ecosystem. With a focus on legal compliance, security, and decentralized governance, Centrifuge operates a platform that significantly reduces traditional securitization costs. This innovative protocol tokenizes a diverse range of assets, including invoices, real estate, and royalties, converting them into non-fungible tokens (NFTs) on the Centrifuge Chain.

One of Centrifuge's standout achievements is its Total Value Locked (TVL) growth in real-world assets (RWA). Monthly, the TVL of tokenized real-world assets on Centrifuge has been doubling, showcasing the platform's rapid expansion. The Centrifuge Chain, built on Polkadot for speed and low fees, boasts the highest TVL in the Polkadot ecosystem. Moreover, Centrifuge is set to launch as one of the first Parachains on Polkadot, further solidifying its presence in the crypto space. Centrifuge's financial DApp, Tinlake, operates as an asset-backed lending application, facilitating users in accessing financing using DeFi, with over $10 million TVL and financing 10+ asset types.

The driving force behind Centrifuge's success lies in its founders, Lucas Vogelsang and Martin Quensel, who launched the platform in 2017. Vogelsang, the CEO, and Quensel, the COO, bring a wealth of experience, having previously co-founded successful ventures. Centrifuge's uniqueness stems from its ability to link real-world assets with DeFi, providing businesses with access to liquidity and investors with a stable yield. As an open platform, Centrifuge is bridged to Ethereum, ensuring access to two major crypto ecosystems: one for DeFi liquidity and one for speed. With its commitment to privacy enabled NFTs, legal compliance, and integrating with industry leaders like MakerDAO and Aave, Centrifuge is driving the financial supply chain towards a trustless and cryptographically secured protocol, reshaping the future of DeFi.

What is unique about Centrifuge [OLD] (CFG)?

Centrifuge stands out for seamlessly integrating real-world assets into DeFi, achieving high TVL growth, and offering decentralized governance across Polkadot and Ethereum ecosystems.

Who are the founders of Centrifuge [OLD] (CFG)?

Centrifuge was founded in 2017 by Lucas Vogelsang, the CEO and founding engineer, along with Martin Quensel, the COO, both bringing significant experience from successful ventures like DeinDeal and Taulia.

Who are the backers/investors of Centrifuge [OLD] (CFG)?

Centrifuge has garnered support from Galaxy, Coinbase Ventures, IOSG, Fenbushi Capital, RockawayX, Fabric Ventures and other investors and backers.

Where can I buy Centrifuge [OLD] (CFG)?

You can buy Centrifuge [OLD] (CFG) on Kraken, BingX, OrangeX, BitvavoCoinDCX cryptocurrency exchanges.

What are Centrifuge [OLD] (CFG) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Centrifuge [OLD] CFG. To access these ratings, evaluations, and comments, click here.

How to mine Centrifuge [OLD] (CFG)? How can I stake Centrifuge [OLD] (CFG)?

Centrifuge (CFG) is not mineable.

There may be different staking options available such as to participate in DAOs, decentralized governance and for revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.

What is the circulating, max supply and market cap of Centrifuge [OLD] (CFG)?

This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of  Centrifuge [OLD] (CFG) is ($563,042,598), max supply of Centrifuge [OLD]  CFG is ($0) and the market cap of Centrifuge [OLD]  CFG is ($136,427,052)

What is the Centrifuge [OLD] (CFG) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of Centrifuge [OLD] (CFG)?

The current market price of Centrifuge [OLD] (CFG) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.

Is Centrifuge [OLD] (CFG) a good investment?

It is important to do comprehensive research before deciding whether Centrifuge [OLD] (CFG) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (Centrifuge [OLD] CFG) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does Centrifuge [OLD] (CFG) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Centrifuge [OLD] (CFG) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.

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