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The majority of PAY holders from the ICO were from the United States, China and India and ineligible for the TenX token...
SO where did those millions of unclaimed TenX tokens end up?
I guess who cannot enjoy the benefit of TenX once it will become live should have the initiative to dump it, unfortunately, they'll not get a good value. IIRC, price now is lower than the ICO price. The countdown of PAY token de-listing is live. My guess is this March.
From what site you are referring about the delisting? please let us know. I guess those who cannot a Sorry about that... Delisting from the Bittrex Crypto Exchange. Total PAY token daily trading on ALL exchanges is down to $390k...YIKES |
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The majority of PAY holders from the ICO were from the United States, China and India and ineligible for the TenX token...
SO where did those millions of unclaimed TenX tokens end up?
The countdown of PAY token de-listing is live. My guess is this March.
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Is there any future plans for Token Swap or something like that?
I want to withdraw TenX tokens from exchange to cold wallet and to forget about them for some time...
There will be a snapshot on the 30th of december. At this time you have to hold your PAY on your own wallet where you have the private key from (Myetherwallet, MIST) if you want to claim the additional TENX dividend token. If you keep your PAY on the exchange there will be no possibility to claim these new tokens! PAY will stay as the utility token, TENX token is for dividends. Read everything here: https://blog.tenx.tech/en-tenx-rewards-token-faq-3f5a5f6d7848This indeed a Christmas bonus to the TenX Pay community in general, anyone can participate in this awesome airdrop and have the chance to receive TenX tokens, but i can't understand if the airdrop ratio will be 1:1 of PAY tokens or how it will be, still very exciting news, many airdrop ongoing right now. NOT EVERYONE CAN PARTICIPATE in TenX Token Issuance! Citizens from countries listed below are NOT eligible to receive the TenX Token:Afghanistan, China, Crimea Peninsula, Cuba, Eritrea, Gaza Strip, India, Iran, Iraq, Kosovo, Lebanon, Libya, Myanmar (Burma), North Korea (the Democratic People’s Republic of Korea), Palestine, Somalia, South Sudan, Sudan, Syria, United States of America, Venezuela, Yemen. |
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205 MILLION TenX Tokens are being created to equal the 205 million PAY tokens. BUT...
The PAY holders in the countries below are barred from receiving them so where will those millions of unclaimed TenX Tokens end up? Julian failed to mention this. If the non-issued tokens are burned, that's great. But if they end up in Julian & crew's wallets that's BS.
COUNTRIES NOT eligible for the TenX Token issuance:
Afghanistan, China, Crimea Peninsula, Cuba, Eritrea, Gaza Strip, India, Iran, Iraq, Kosovo, Lebanon, Libya, Myanmar (Burma), North Korea (the Democratic People’s Republic of Korea), Palestine, Somalia, South Sudan, Sudan, Syria, United States of America, Venezuela, Yemen.
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We are issuing a new ERC-20 rewards token called the TenX token to eligible members of the TenX community. The TenX token is a ERC-20 rewards token on Ethereum with features of ERC-1462. Depending on factors such as TenX Pte Ltd’s earnings, financial position, cash flow, capital needs and general business condition, rewards on the TenX token may be paid in the form of a tradeable cryptocurrency (i.e. PAY). An announcement of the amount of rewards to be paid and when such rewards will be paid will be made every quarter. In the blog article all the details of the operation https://blog.tenx.tech/en-tenx-rewards-token-faq-3f5a5f6d7848Afghanistan, China, Crimea Peninsula, Cuba, Eritrea, Gaza Strip, India, Iran, Iraq, Kosovo, Lebanon, Libya, Myanmar (Burma), North Korea (the Democratic People’s Republic of Korea), Palestine, Somalia, South Sudan, Sudan, Syria, United States of America, Venezuela, Yemen. The KYC verification will make sure no one from the above regions get issued the TenX Tokens or take part in the Rewards program. The value of the TenX Token is the Rewards Program however the value of the PAY token payouts will be decided by the market and it's rate of possible dilution. At the very least the PAY token should pump before the December 31st snapshot. After that it's anybody's guess. |
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So the original PAY token is now some "yet to be determined" utility token while the new "TenX Token" will be the rewards token issued to PAY holders in countries on a short list. PAY holders in the USA, China and sanctioned countries are NOT eligible when the TenX Token is issued to KYC approved PAY token holders. THAT'S a whole-lotta Non-eligible PAY holders that just got SCREWED!
COUNTRIES NOT eligible for the TenX Token issuance:
Afghanistan, China, Crimea Peninsula, Cuba, Eritrea, Gaza Strip, India, Iran, Iraq, Kosovo, Lebanon, Libya, Myanmar (Burma), North Korea (the Democratic People’s Republic of Korea), Palestine, Somalia, South Sudan, Sudan, Syria, United States of America, Venezuela, Yemen.
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New Crypto theme song: https://www.youtube.com/watch?v=QgCgL8jC8cEWhen I first heard of TenX I thought "hey that might work". Unfortunately the powers that be will NEVER allow it. The whole Crypto Market is destined to implode and we will have to stomach Jamie Dimon's "I told u so" speech. However Distributed Ledger Tech will most likely live on in services from IBM/Microsoft/Google/Amazon. To those that hold till the end... Life's a gamble, at least u rolled the dice. |
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I took the Korean pump opportunity to sell the rest of my TenX. Not just because of lost faith in TenX but in the entire Crypto Market. Waning interest, Government Regulations, the Wall Street invasion and questionable stated "advantages" of crypto are bright red flags. My Crypto lottery ticket is down to reasonable amounts of BitCoin, Ethereum and EOS. If they sink to zero...oh well. It won't hurt nearly as much as what John McAfee faces.  |
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Seems South Koreans can't get enough TenX.
what makes you thinking that south koreans pumping the price? How bout the fact they're paying a 46% premium over other exchanges. https://www.worldcoinindex.com/coin/tenxIt has NO effect on Tenx price, if you look at coin market cap, bithumb price has been excluded. In other words, if bithumb has any influence other exchange, it should follow but it is not. HOW BOUT NOW? ;-) $3.05 TenX on Bithumb with 24 hr volume at 70 MILLION! Do Koreans love to Gamble or what! Bittrex up 50% to $0.77 |
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Seems South Koreans can't get enough TenX.
what makes you thinking that south koreans pumping the price? How bout the fact they're paying a 46% premium over other exchanges. https://www.worldcoinindex.com/coin/tenx |
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Seems South Koreans can't get enough TenX.
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Seems the MinexPay VISA debit crypto card is open for order June 30h. I can't tell if its just another masquerading Fiat Card or a real Crypto Card converted at the POS Terminal. https://minexpay.com/TenX and Minexcoin are both pumping today. Has VISA changed their tune on Crypto? |
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COMIT Q&A - Cryptographically Secure Off-chain Multi-asset Instant Transaction network COMIT Q&A with Julian Hosp Co-Founder and President and Philipp Hoenisch, Research Lead. At TenX it is our mission to make virtual currencies spendable anytime anywhere. https://www.youtube.com/watch?v=htj_6f3avRsHere's an Atomic Swap Wallet available now. https://atomicwallet.io/ |
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Are u kidding? Wavecrest happened on January 5th! But not to worry Julian quickly posted a video stating there's another Card Issuing Bank that will be named in the next few weeks. Well it's almost July now and I can't remember the last Card Issuer UPDATE video. I'm sure your thinking "but they're getting a Banking License"... That just put's them in the same boat as WaveCrest. Visa and Mastercard cooperation is still required to use their Networks. To work around Visa/MC Networks, TenX with a Banking License could.... Issue a card that pays with crypto and has no fiat conversion at the terminal. The crypto transaction would be transmitted to TenX. TenX the bank would then convert to fiat and credit the Merchant who holds an account with TenX. Workable? yeah but good luck on-boarding Merchants. Where are Visa and Mastercard blocking crypto integration? Source or it is just FUD... Atomic swaps are good for exchanging between cryptos and since the tenx wallet is supporting more and more cryptos, this will be great for them to do fast exchanges that can then be converted to fiat. That's weird, I thought their mission statement was "Making Crypto Spendable" and u can't "Atomic Swap" to Fiat. I'm an admitted Crypto-holic and have zero interest in Atomic Swaps. It's not a big Market (ask Komodo) and I highly doubt any derived revenue stream could support 200+ employees and token holder rewards. Let's face it with Visa and MasterCard blocking any Crypto integration TenX is scrambling for a new business model. |
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That's weird, I thought their mission statement was "Making Crypto Spendable" and u can't "Atomic Swap" to Fiat. I'm an admitted Crypto-holic and have zero interest in Atomic Swaps. It's not a big Market (ask Komodo) and I highly doubt any derived revenue stream could support 200+ employees and token holder rewards. Let's face it with Visa and MasterCard blocking any Crypto integration TenX is scrambling for a new business model. |
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I got to give some credit to Tenx for actually showing us demo for Comit (exchange)
How is EXCHANGING BTC for Ethereum (followed by a 1 Hour Confirmation Warning) making Crypto SPENDABLE in the real world? I still have PAY tokens on my Ledger Nano S but the value keeps falling while my PundiX tokens have MOONED! Don't sell it for loss, I have been holding it since July 2017. I would stay away any coin that offers any dividend I'm on "Houses Money" since I sold enough to get 2x my principle. With PundiX paying out 7% MONTHLY staking rewards I'll take my chances with the rest. I doubt PundiX will ship terminals to America anytime soon but "3rd world" countries are a great fit for their project. Also... PundiX (NPXS) has launched on Binance. Isn't TenX trying to get listed on Binance? :-( |
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I got to give some credit to Tenx for actually showing us demo for Comit (exchange)
How is EXCHANGING BTC for Ethereum (followed by a 1 Hour Confirmation Warning) making Crypto SPENDABLE in the real world? I still have PAY tokens on my Ledger Nano S but the value keeps falling while my PundiX tokens have MOONED! |
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so tenx card is completely canceled ??
If this is the case ICO investors gonna be pissssssed! |
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I remember when Julian said "all the shit-coins will be going to zero".
Little did he realize...
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