EDisney
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July 05, 2017, 06:08:35 AM
Last edit: July 05, 2017, 06:27:43 AM by EDisney |
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Can anyone answer this:
1) How will the cashback be distributed to PAY holders? Can I have PAY in MEW, or do I have to have PAY in a certain wallet to receive the dividens?
1.b) The cashback is 0.1% of all purchases, or 0.1% of my purchases?
2) When will TENx hit exchanges?
thanks
1) Tokens sitting on an exchange will be excluded afaik. Like with staking a coin. All other addresses get their share of the revenue. 1.b) You'll get 0.1% of your purchases in PAY. 0.5% of all puchases will be distibuted among all token holders in ETH. 2) 1-3 weeks I'd guess. Think it is more like 2-4 weeks at this point, maybe even 5. They said August 2017 in the WP , and a few times after the token sale quoted saying 3-5 weeks so it might be a bit longer than you stated imo Watch yesterdays Q&A on YT. Julian said they could start trading on smaller exchanges this friday, but are rather waiting on finalization with big exchanges which shouldn't take long. https://www.youtube.com/watch?v=DzoG4-dJnfk |
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SimmonenY
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July 05, 2017, 07:48:48 AM |
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I hope I understood correctly: to pay 0.1% will be payed to each client in PAY so they'll have to buy these PAY on exchanges. That way they themselves will influence the PAY rate on exchanges by periodically raising it, am I correct?
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EDisney
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July 05, 2017, 07:52:00 AM |
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I hope I understood correctly: to pay 0.1% will be payed to each client in PAY so they'll have to buy these PAY on exchanges. That way they themselves will influence the PAY rate on exchanges by periodically raising it, am I correct?
Yes. They have a reserve atm, but eventually they'll have to buy PAY themselves on exchanges to give the 0.1% cashback to users. |
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SimmonenY
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July 05, 2017, 08:05:25 AM |
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I hope I understood correctly: to pay 0.1% will be payed to each client in PAY so they'll have to buy these PAY on exchanges. That way they themselves will influence the PAY rate on exchanges by periodically raising it, am I correct?
Yes. They have a reserve atm, but eventually they'll have to buy PAY themselves on exchanges to give the 0.1% cashback to users. Oh, I see, thanks. So they are going to control the price of their tokens themselves... |
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Meisterqn
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July 05, 2017, 09:49:33 AM |
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Small exchanges on friday?
Would be nice but I still did not get the pay tokens into my wallet.
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EDisney
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July 05, 2017, 09:56:39 AM |
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Small exchanges on friday?
Would be nice but I still did not get the pay tokens into my wallet.
It won't be traded on friday. Read what I wrote: Julian said they could start trading on smaller exchanges this friday, but are rather waiting on finalization with big exchanges which shouldn't take long. https://www.youtube.com/watch?v=DzoG4-dJnfkWe will get the tokens in our wallets once exchanges start trading them. |
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Ed4252
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July 05, 2017, 01:14:57 PM |
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anyone know the current estimated market cap for this?
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Sowik
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July 05, 2017, 04:00:28 PM |
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From where will TenX get the bitcoin rate? Might be nice alternative for withdrawing bitcoins.
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EDisney
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July 05, 2017, 04:16:13 PM |
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From where will TenX get the bitcoin rate? Might be nice alternative for withdrawing bitcoins.
https://www.youtube.com/watch?v=NXv7cdX7HZo |
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xsaints128
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July 05, 2017, 04:22:30 PM |
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Is it possible transfer ten x token to other wallet ?
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EDisney
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July 05, 2017, 04:23:40 PM |
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Is it possible transfer ten x token to other wallet ?
No, not yet. |
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Sowik
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July 05, 2017, 04:26:44 PM |
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Nice, really love how you guys communicate with your investors and customers. So the price might be similar to coinmarketcap's price. |
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franc0
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July 05, 2017, 06:36:27 PM |
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I'm a professional Spanish translator. Projects like WePower, Envion, Atlant, etc. Among others... are part of my portfolio. Hire me or sign me up as a bounty participant for your project!
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wawaTwice
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July 05, 2017, 08:15:50 PM |
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Thank you EDisney for these precisions! Appreciate it
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EDisney
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July 05, 2017, 08:23:01 PM |
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Thank you EDisney for these precisions! Appreciate it
You're welcome. |
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riskthebiscuit
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Leading Crypto Sports Betting & Casino Platform
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July 05, 2017, 08:25:44 PM |
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Hahah thats great ad! I cannot wait for the day that I can get TenX on my IOS and pay for food with that elusive dogecoin.  Gonna be just sensational to live in a world like that ! |
Code: | ..Stake.com.. | | | ▄████████████████████████████████████▄
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▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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franc0
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July 06, 2017, 04:20:21 AM |
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(message deleted)
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I'm a professional Spanish translator. Projects like WePower, Envion, Atlant, etc. Among others... are part of my portfolio. Hire me or sign me up as a bounty participant for your project!
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SimmonenY
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July 06, 2017, 06:21:16 AM |
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TenX: No Foreign Currency Conversion fee.
Uquid: 3% Foreign Currency Conversion fee.
Where did you find that there won't be Foreign Currency Conversion fee? I think that the fee will be charged, because it's normal practice. It does not set up by TenX, however it exists. Yeah I also think this information is not quite true. Where do they get a profit then? Will there be a hidden fee or something? |
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EDisney
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July 06, 2017, 06:29:58 AM |
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TenX: No Foreign Currency Conversion fee.
Uquid: 3% Foreign Currency Conversion fee.
Where did you find that there won't be Foreign Currency Conversion fee? I think that the fee will be charged, because it's normal practice. It does not set up by TenX, however it exists. Yeah I also think this information is not quite true. Where do they get a profit then? Will there be a hidden fee or something? TenX gets their profit from a portion of the fee the MERCHANT has to pay (1-3% of transaction value). They apparently get better conditions than Monaco or Tokencard, because they work directly with VISA and MASTERCARD. MCO and TC work with card issuers and get worse (or no) fees, so they have to charge the card users to make money. |
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