VANCOUVER, Nov. 30, 2017 /CNW/ - NetCents Technology Inc. ("NetCents" or the "Company") (CSE: NC / Frankfurt: 26N) is pleased to announce that the presale of the NetCents Coin will be completed November 30 and the following day, December 1, 2017, the NC Exchange is coming online.
When the NC Exchange goes live on December 1, 2017, users will be able to: view live market information and historical prices; buy and sell NCCO from other users; exchange NCCO for fiat currency; and track pending and completed orders.
The NC Exchange functions like any other exchange and only requires a NetCents Technology Inc. e-wallet for users to begin transacting. Additionally, merchants will be able to settle purchases with NCCO through the NetCents payment processing gateway and WooCommerce plug in.
"This has been a massive couple of weeks for NetCents Technology Inc. and our users" said Clayton Moore, CEO of NetCents Technology Inc. "We have signed Flexepin and their 7,000 locations, signed a five-year exclusive contract with Alliant Payments, and now we are launching the NC Exchange and have oversold our presale targets of NCCO."
The presale of NCCO far exceeded the company's sales projections, completely selling out both the first and second tranches and is currently selling the third tranche, quadrupling the coins value during the presale. When the coin is able to be traded on the NC Exchange, the initial price will be set at $4 USD.
"The overwhelming presale demand has validated the launch of our coin and from day 1, users will be able to buy and sell coins as well as use NCCO to complete merchant settlements," added Clayton Moore. "We've closed the loop and created the whole package for a truly decentralized currency for NetCents users. NetCents has positioned itself as a leader in the cryptocurrency and blockchain space."
NetCents is a next-generation online payment processing platform, offering consumers and merchants online services for managing electronic payments. The Company is focused on capturing the migration from cash to digital currency by utilizing innovative Blockchain Technology to provide payment solutions that are simple to use, secure and worry-free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online.
NetCents Technology is integrated into the Automated Clearing House ("ACH") and is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer's security and privacy. NetCents is available for deposits from 194 Countries around the World, providing you with the freedom to choose to Pay. Your Way.™
On Behalf of the Board of Directors
NetCents Technology Inc.
Clayton Moore, CEO, Founder and Director
NetCents Technology Inc.
Suite 880, 505 Burrard St (Bentall 1),
Vancouver, BC, V7X 1M4
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE NetCents Technology Inc.
For further information: please visit the corporate website at www.net-cents.com or contact Gord Jessop, President: firstname.lastname@example.org.