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Author Topic: [ANN] TenX: Making Blockchain assets spendable  (Read 332155 times)
Betfair
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June 20, 2017, 06:52:55 PM
 #441

Hello Guys,

If we are logic, so data projection provided by TENX look a bit strange.
In accordance with TENX white paper page 35 ( Month road map):
They believe to have +50M USERS en 2020.
In fact We are a around 7 Billions people on the planet.
So by a simple calcul If you divise 7billions per 50M users : 140. So that's mean every 140 persons 1 person will use TENX service payment in 2020.
Serioulsly.. Do you really think 1 second it's possible..?? Unfortunatly my answser is NO! even 5 Millions users in 2020 will be difficult to reach.
I would like to know how TENX can have these data projection?? It is look like unrealistic..
Again I love this project, but clearly something is wrong here..


Thanx for your analysis. Just because it looks unrealistic to you, does not mean it is unrealistic for us. We strongly believe that crypto will explode in popularity in general and so 50m users will be within reach over the next 5 years. While I respect your opinion, I have learned to never let someone with small thinking keep me from thinking big. So, let's see who will be right :-)
im in this crypto world since 2011 and never gonna use crypto in my daily life Smiley

Why not?

Depending on the rate they use this would be easy way to cash out with 1:1 rates.
i prefer to use credit card on every store.
LongTermCrypto
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June 20, 2017, 07:55:34 PM
 #442

great news: if you have the latest app version updated, you should NOW be able to order the new cards, just as promised! Try it out! Smiley http://www.tenx.tech

Why only BTC accepetd for deposits? When will we be able to use more cryptocoins? Thanks in advance

Keep up the great work Wink

A cryptocoin a day keeps the doctor away
nighthawk888
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June 20, 2017, 11:41:35 PM
 #443

Here is a blogpost ab out it: https://medium.com/tenx-wallet/three-technical-requirements-to-connect-blockchains-without-a-token-98d693084849
And here a 1hr youtube video: https://www.youtube.com/watch?v=w8e2ke8U5eE

Answers:
1. How are you associated with the COMIT network project?
COMIT is open source but we at TenX are the first ones to work on it.

2. Regarding the COMIT network, will people be able to exchange currencies on their phone app? Will this be without fee and will the COMIT network be monetized in any way besides the TenX debit card?
Yes, this should be possible. The fee will be set by the individuals providing the exchange - since it is competitive we expect close to nil fees.

3. Are you planning on building a desktop decentralized exchange based on the COMIT network, or are there any plans to do so by anyone else that the community knows of?
both - open to do it ourselves or work with others.

4. Will any other project utilize the COMIT network for decentralized exchange or just the TenX debit card?
Definitely.

5. How will your TenX card based on the COMIT network compete with the Bancor, Cosmos, Polkadot, Internet of Coins projects? Why should we invest in your project and not wait for the next debit card based on these upcoming decentralized protocols?
All these projects are awesome, but actually can work with us. There is no either or.

6. If there is a superior decentralized exchange protocol in the future, one that can incorporate cross blockchain smart contracts for example, how can the COMIT network evolve?
Since it is open source, let's see where this goes.

Hope that helps. Pls watch the video and/or read the article I wrote. Thanx

Thank you Playgrounder for your thoughtful response. It definitely helps and I have read the article and watched the video. Two follow up questions:

1. As far as I can tell from your business model, the value of the PAY token to investors is dependent on people using your debit card to pay merchants with crypto. I am somewhat confused about your plan to spend a lot of money on developing routing and providing liquidity to the COMIT network. I understand how improving the COMIT network would decrease costs of using the card, even making the card more useful. Yet if the COMIT network is open source, a rival could simply open up their own debit card after you have developed the COMIT network, offer greater incentives to users, and people would use that platform. How do you plan to mitigate this threat?

2. In the video, it says that all payments through the COMIT network will go through TenX. It even says if that one day the debit card is not needed, payments to PAY token holders would still occur, but at a lower commission (0.05% instead of 0.5%), because PAY token holders would be paid a percentage of the COMIT transactions which are expected to have very low fees. I am still unclear about how we would be paid a percentage of COMIT transactions in that case if COMIT is open source. If it is open source, other companies can offer services such as decentralized exchanges on it, and customers wouldn't necessarily have to go through TenX. Why would people use TenX if there was no need for a debit card?

Thank you again for your thoughts and I look forward to your response.
bestluck
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June 20, 2017, 11:42:07 PM
 #444

great news: if you have the latest app version updated, you should NOW be able to order the new cards, just as promised! Try it out! Smiley http://www.tenx.tech
Is there any limit for the countries? I want to know that will you provide your cards to all of the countries of the world or it is only for some countries which is supported for the cards. If there is a restrictions for the countries then please provide the list of the supported countries. I want to see that my country is supported or not.
MalReynolds
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June 21, 2017, 12:43:15 AM
 #445

great news: if you have the latest app version updated, you should NOW be able to order the new cards, just as promised! Try it out! Smiley http://www.tenx.tech
Is there any limit for the countries? I want to know that will you provide your cards to all of the countries of the world or it is only for some countries which is supported for the cards. If there is a restrictions for the countries then please provide the list of the supported countries. I want to see that my country is supported or not.

List of supported countries for TenX is here:

https://www.tenx.tech/fees.html

COUNTRIES BANNED FROM RECEIVING / USING TENX CARDS:

Afghanistan
Algeria
American Samoa
Angola
Antarctica
Azerbaijan
Bangladesh
Belarus
Benin
Bolivia
Bonaire, Sint Eustatius and Saba
Botswana
Bouvet Island
British Indian Ocean Territory
Burkina Faso
Burundi
Cambodia
Cameroon
Cape Verde
Central African Republic
Chad
Christmas Island
Cocos (Keeling) Islands
Comoros
Congo, Democratic Republic of the
Congo, Republic of
Cook Islands
Cuba
Djibouti
East Timor
Egypt
Equatorial Guinea
Eritrea
Ethiopia
Fiji
French Polynesia
French Southern Territories
Gabon
Gambia
Ghana
Guam
Guinea
Guinea-Bissau
Haiti
Heard Island And Mcdonald Islands
Holy See (Vatican City State)
Honduras
India
Iran
Iraq
Ivory Coast
Kenya
Kiribati
Korea, Democratic People's Republic of
KosovoAfghanistan
Algeria
American Samoa
Angola
Antarctica
Azerbaijan
Bangladesh
Belarus
Benin
Bolivia
Bonaire, Sint Eustatius and Saba
Botswana
Bouvet Island
British Indian Ocean Territory
Burkina Faso
Burundi
Cambodia
Cameroon
Cape Verde
Central African Republic
Chad
Christmas Island
Cocos (Keeling) Islands
Comoros
Congo, Democratic Republic of the
Congo, Republic of
Cook Islands
Cuba
Djibouti
East Timor
Egypt
Equatorial Guinea
Eritrea
Ethiopia
Fiji
French Polynesia
French Southern Territories
Gabon
Gambia
Ghana
Guam
Guinea
Guinea-Bissau
Haiti
Heard Island And Mcdonald Islands
Holy See (Vatican City State)
Honduras
India
Iran
Iraq
Ivory Coast
Kenya
Kiribati
Korea, Democratic People's Republic of
Kosovo
Kyrgyzstan
Laos
Lebanon
Lesotho
Liberia
Libya
Macao
Madagascar
Malawi
Mali
Marshall Islands
Mauritania
Mayotte
Micronesia, Federated States Of
Montserrat
Mozambique
Myanmar
Namibia
Nauru
Netherlands Antilles
New Caledonia
Niger
Nigeria
Niue
Norfolk Island
Northern Mariana Islands
Pakistan
Palau
Palestine
Pitcairn
Puerto Rico
Rwanda
Saint Barthélemy
Saint Helena, Ascension And Tristan Da Cunha
Saint Pierre And Miquelon
Samoa
Sao Tome And Principe
Senegal
Sierra Leone
Somalia
South Georgia And The South Sandwich Islands
South Sudan
Sri Lanka
Sudan
Svalbard And Jan Mayen
Swaziland
Syria
Tajikistan
Tanzania
Togo
Tokelau
Tonga
Tunisia
Turkmenistan
Tuvalu
Uganda
United States
United States Minor Outlying Islands
Uzbekistan
Vanuatu
Venezuela
Vietnam
Virgin Islands, U.s.
Wallis And Futuna
Western Sahara
Yemen
Zambia
Zimbabwe
asepsetiawan1990
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June 21, 2017, 01:08:15 AM
 #446

If there is vitalik it will be a success

I'm reserving italian translation
thanks

True, he is someone famous, especially in the world of cryptocurrency.
When people see his name. No more doubt about the project worked.
playgrounder
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June 21, 2017, 01:19:23 AM
 #447

We have a slack with 3000 people - super active and lots of Q&A about TenX - you should be in there! http://ten-x.herokuapp.com
AltsBoom
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June 21, 2017, 03:14:40 AM
 #448

Is this ico open to american investors?

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LEAP1A
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June 21, 2017, 06:51:16 AM
 #449

Guy's

Yesterday during STATUS TOKEN SALE, some friends meet a lot of difficulties to send ETH via my MyEtherWallet. Some complained that while a transaction would broadcast, it wouldn’t show up on the Ethereum blockchain. Others couldn’t even get a signed transaction to show up.

I scare that we will meet the same difficulties on 24th, for example, I had to try 3 times to send ETH to Kraken account. So if it is happen again in 24 that will be a nightmare.
For info:

https://themerkle.com/status-im-ico-raises-over-270-million-in-under-3-hours/

Please What is the position of TENX regarding this potential issue and what is other option please?
Thank U Smiley
playgrounder
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June 21, 2017, 08:55:57 AM
 #450

WARNING!!!!! This copy is a SCAM!!!!! This is NOT our site: http://tenx-tech.com/

Our OFFICIAL site is: www.tenx.tech

ONLY USE THIS SITE: http://tokensale.tenx.tech

Do NOT use any other site!!!!

We will NEVER change the site!
Trinibits
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June 21, 2017, 09:47:23 AM
 #451

WARNING!!!!! This copy is a SCAM!!!!! This is NOT our site: http://tenx-tech.com/

Our OFFICIAL site is: www.tenx.tech

ONLY USE THIS SITE: http://tokensale.tenx.tech

Do NOT use any other site!!!!

We will NEVER change the site!

So just to clarify this is the exact page - http://tokensale.tenx.tech - which will have the eth deposit address on 24th. Save navigating around to find it on the site  Smiley
Zoltes
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June 21, 2017, 10:01:51 AM
 #452

Was the code open-sourced as promised? There's even a bug bounty campaign, but without any links, which is suspicious.
playgrounder
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June 21, 2017, 10:04:10 AM
 #453

CAREFUL, THIS SITE IS FAKE!!!!!!! https://tokensale-tenx.tech/
papajamba
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June 21, 2017, 10:16:27 AM
 #454

damn scammers! they can change a website's period to a dash just to impersonate.
Hope their computers catch fire and their houses burn down   Angry Angry Angry
playgrounder
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June 21, 2017, 10:34:04 AM
 #455

Was the code open-sourced as promised? There's even a bug bounty campaign, but without any links, which is suspicious.

Just go to the page you linked and LOOK! The links are there for the contract.
maxpowerzz92
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June 21, 2017, 11:03:45 AM
 #456

Julian over promises and under delivers.  He submitted a proposal for a working DASH debit card from the DASH masternode network by mid-April.  Nothing was mentioned about it working only in Singapore during the entire budget process.

https://www.dashcentral.org/p/tenx-dash-debit-card

Alot of hype but no substance as of June 21.  I voted for your proposal, and am disappointed in your results.  I'm not saying that the same thing will happen with this ICO, but your past promises have failed to meet up with expectations.  

playgrounder
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June 21, 2017, 11:10:52 AM
 #457

Julian over promises and under delivers.  He submitted a proposal for a working DASH debit card from the DASH masternode network by mid-April.  Nothing was mentioned about it working only in Singapore during the entire budget process.

https://www.dashcentral.org/p/tenx-dash-debit-card

Alot of hype but no substance as of June 21.  I voted for your proposal, and am disappointed in your results.  I'm not saying that the same thing will happen with this ICO, but your past promises have failed to meet up with expectations.  

yes, and if you read the entire post in the forum you will know why. it was not our fault.
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June 21, 2017, 11:15:47 AM
 #458

If you want to know what TenX is and how our tokensale works, here is an 8-min summary video: https://www.youtube.com/watch?v=-FSG5JR8JuI
btvGainer
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June 21, 2017, 11:27:53 AM
 #459

Any plan to accept more cryptocurruncies during ICO besides eth?
Ethereum network also have delayed transactions.
nighthawk888
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June 21, 2017, 11:43:23 AM
 #460

great news: if you have the latest app version updated, you should NOW be able to order the new cards, just as promised! Try it out! Smiley http://www.tenx.tech
Is there any limit for the countries? I want to know that will you provide your cards to all of the countries of the world or it is only for some countries which is supported for the cards. If there is a restrictions for the countries then please provide the list of the supported countries. I want to see that my country is supported or not.

List of supported countries for TenX is here:

https://www.tenx.tech/fees.html

COUNTRIES BANNED FROM RECEIVING / USING TENX CARDS:

Afghanistan
Algeria
American Samoa
Angola
Antarctica
Azerbaijan
Bangladesh
Belarus
Benin
Bolivia
Bonaire, Sint Eustatius and Saba
Botswana
Bouvet Island
British Indian Ocean Territory
Burkina Faso
Burundi
Cambodia
Cameroon
Cape Verde
Central African Republic
Chad
Christmas Island
Cocos (Keeling) Islands
Comoros
Congo, Democratic Republic of the
Congo, Republic of
Cook Islands
Cuba
Djibouti
East Timor
Egypt
Equatorial Guinea
Eritrea
Ethiopia
Fiji
French Polynesia
French Southern Territories
Gabon
Gambia
Ghana
Guam
Guinea
Guinea-Bissau
Haiti
Heard Island And Mcdonald Islands
Holy See (Vatican City State)
Honduras
India
Iran
Iraq
Ivory Coast
Kenya
Kiribati
Korea, Democratic People's Republic of
KosovoAfghanistan
Algeria
American Samoa
Angola
Antarctica
Azerbaijan
Bangladesh
Belarus
Benin
Bolivia
Bonaire, Sint Eustatius and Saba
Botswana
Bouvet Island
British Indian Ocean Territory
Burkina Faso
Burundi
Cambodia
Cameroon
Cape Verde
Central African Republic
Chad
Christmas Island
Cocos (Keeling) Islands
Comoros
Congo, Democratic Republic of the
Congo, Republic of
Cook Islands
Cuba
Djibouti
East Timor
Egypt
Equatorial Guinea
Eritrea
Ethiopia
Fiji
French Polynesia
French Southern Territories
Gabon
Gambia
Ghana
Guam
Guinea
Guinea-Bissau
Haiti
Heard Island And Mcdonald Islands
Holy See (Vatican City State)
Honduras
India
Iran
Iraq
Ivory Coast
Kenya
Kiribati
Korea, Democratic People's Republic of
Kosovo
Kyrgyzstan
Laos
Lebanon
Lesotho
Liberia
Libya
Macao
Madagascar
Malawi
Mali
Marshall Islands
Mauritania
Mayotte
Micronesia, Federated States Of
Montserrat
Mozambique
Myanmar
Namibia
Nauru
Netherlands Antilles
New Caledonia
Niger
Nigeria
Niue
Norfolk Island
Northern Mariana Islands
Pakistan
Palau
Palestine
Pitcairn
Puerto Rico
Rwanda
Saint Barthélemy
Saint Helena, Ascension And Tristan Da Cunha
Saint Pierre And Miquelon
Samoa
Sao Tome And Principe
Senegal
Sierra Leone
Somalia
South Georgia And The South Sandwich Islands
South Sudan
Sri Lanka
Sudan
Svalbard And Jan Mayen
Swaziland
Syria
Tajikistan
Tanzania
Togo
Tokelau
Tonga
Tunisia
Turkmenistan
Tuvalu
Uganda
United States
United States Minor Outlying Islands
Uzbekistan
Vanuatu
Venezuela
Vietnam
Virgin Islands, U.s.
Wallis And Futuna
Western Sahara
Yemen
Zambia
Zimbabwe

Some of these countries banned are big markets: US and India for example, also notice other countries with significant economies Vietnam, Pakistan, Egypt. Why is the card banned in these places, and are there any plans to get the card to the US and india?
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