[ANN] TenX: Making Blockchain assets spendable

[Pajulapoiss]

Is it just me or does anyone else feel like there's a directed attack against TenX?

Keeping of the low price, initial whale dumps + all the "FUD" lers and bullshitters  that come here,  to claim lies and spread fear to investors / traders?

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[Chrizzli]

Is it just me or does anyone else feel like there's a directed attack against TenX?

Keeping of the low price, initial whale dumps + all the "FUD" lers and bullshitters  that come here,  to claim lies and spread fear to investors / traders?

Yes, I do feel that way as well.

Those strategies are always used in unison and force. I would guess that this is done by a competitor to lower market cap and reputation because there are serious financial resources involved in the market manipulation. Disclaimer: this is just my guess for peace of mind and I don't want to throw specific accusations around.

But I am not worried about TenX.
Worst case: they get their future funding outside of the crypto world, they had done so in the years leading up to the ICO. Their first product is finished, here to stay and will benefit a lot of crypto users nontheless. PAY tokens get enough investment return (volume share payment) from the real economy, regardless of ETH or PAY price or TenX marketcap. PAY is a good investment in my opinion (as long as the Ethereum network doesn't go completely extinct), and TenX will continue to provide products for facilitating the mass adoption of crypto currencies.

[HitTheLow]

I think a good price to join in this coin should be between 0,3$ - 0,4$.

This price is too high for a coin that have not utility right now

[HitTheLow]

What is the roadmap for this coin?

Is the app going to be released before the end of August?

When  cards will be released?

[Chrizzli]

I think a good price to join in this coin should be between 0,3$ - 0,4$.

This price is too high for a coin that have not utility right now

The coin already has utility. The first payment will be small, but should be announced soon.

[HitTheLow]

I think a good price to join in this coin should be between 0,3$ - 0,4$.

This price is too high for a coin that have not utility right now

The coin already has utility. The first payment will be small, but should be announced soon.

Which utilities does it have? it doesn't have a wallet right now!!!!

[Chrizzli]

I think a good price to join in this coin should be between 0,3$ - 0,4$.

This price is too high for a coin that have not utility right now

The coin already has utility. The first payment will be small, but should be announced soon.

Which utilities does it have? it doesn't have a wallet right now!!!!

It's an ERC20 token, use myetherwallet.com or similar. Lots of wallets for PAY out there.

TenX software can hold BTC right now, ETH, Dash & ICN for testing. It doesn't utilize the PAY token for payment at the moment, it's not meant that way.

[xibeijan]

When will new cards be available?  Why soo slowwww?

[xibeijan]

This message is for the TenX team.

Considering buying some PAY token as soon as they are available.

If world economic forum is predicting that 10% of global GDP ($7.8 trillion in today's money) will be on blockchain within 10 years and, if TenX and COMIT are the fabric connecting blockchains and providing payments, then I think it's important to carefully answer these questions as openly and clearly as possible, so that every single person can decide whether PAY is a good opportunity before them.

10 questions.

1. Do you need a TenX card in order to use the Andriod/iOS app for making payments where Visa/Mastercard is accepted?  Can the app be used on its own for such purchases?

2. If card is needed, then does the card details get "sucked" into the andriod app and you don't need to bother brining you card to the shop?  Or do you need them both?

3. COMIT charges no commissions, how can this be?  If it works like you say it does, then it seems a tiny fee like this could be a big profit maker for decentralized trades between cryptocurrencies.  Is there a future plan for COMIT to take small profit 0.04%?

4. Are there any other planned future revenue streams for PAY token holders?

5. What happens if/when cryptoC is ubiquitously adopted and no more Visa/Mastercard?  People the world over start paying and receiving payment directly in cryptocurrency.  Do PAY tokens receive any incentive to be held or do they become worthless at this point?

6. Can TenX wallet be used anonymously?  Or does it always require centralized registration?

7. Does the TenX wallet actually hold the private keys or are they stored on your servers?

8. When making a Visa/Mastercard transaction does the TenX wallet interact with the payment terminal using NFC and send TenX card details propagating back trough the payment terminal network, eventually reaching COMIT and then over the internet to the mobile device and finally to the TenX wallet?  If so, that seems to imply that you need to have a working internet connection on your mobile device in order to pay with TenX, which is fine.  Just want to understand in simple terms how it works.

9. Will TenX be making partnerships, deals and acquisitions with/of other payment processors and competitors?  If so, would PAY holders, either directly or indirectly, benefit from such strategic deals?

10.  Are other payment systems able to leverage COMIT?  If so, what benefit would TenX PAY holder have?  If this is the case, what would serve to protect PAY holder investment from being undercut by other competitors riding on top of COMIT?

OK, so it was slightly more than 10 questions because I snuck in subquestions.

My decision whether to buy PAY as soon as it's on exchanges will be largely impacted on your answers.

Thanks.
   

Anyone from TenX team ever going to answer this?

[Chrizzli]

What is the roadmap for this coin?

Is the app going to be released before the end of August?

When  cards will be released?

Android app is already released and working, I tested it with loading a little bit of BTC. The roadmap says iOS release will be end of July. If you are an iOS user, it seems you have to be patient for now.
Cards seem to be already shipping, I cannot order mine because of too many orders on backlog. I have to be patient to, I regrettably missed the ICO. Virtual cards are being tested, but I don't know more about that. The team needs its time to finish all these things correctly, I'm ok with that.

[Chrizzli]

This message is for the TenX team.

Considering buying some PAY token as soon as they are available.

If world economic forum is predicting that 10% of global GDP ($7.8 trillion in today's money) will be on blockchain within 10 years and, if TenX and COMIT are the fabric connecting blockchains and providing payments, then I think it's important to carefully answer these questions as openly and clearly as possible, so that every single person can decide whether PAY is a good opportunity before them.

10 questions.

1. Do you need a TenX card in order to use the Andriod/iOS app for making payments where Visa/Mastercard is accepted?  Can the app be used on its own for such purchases?

2. If card is needed, then does the card details get "sucked" into the andriod app and you don't need to bother brining you card to the shop?  Or do you need them both?

3. COMIT charges no commissions, how can this be?  If it works like you say it does, then it seems a tiny fee like this could be a big profit maker for decentralized trades between cryptocurrencies.  Is there a future plan for COMIT to take small profit 0.04%?

4. Are there any other planned future revenue streams for PAY token holders?

5. What happens if/when cryptoC is ubiquitously adopted and no more Visa/Mastercard?  People the world over start paying and receiving payment directly in cryptocurrency.  Do PAY tokens receive any incentive to be held or do they become worthless at this point?

6. Can TenX wallet be used anonymously?  Or does it always require centralized registration?

7. Does the TenX wallet actually hold the private keys or are they stored on your servers?

8. When making a Visa/Mastercard transaction does the TenX wallet interact with the payment terminal using NFC and send TenX card details propagating back trough the payment terminal network, eventually reaching COMIT and then over the internet to the mobile device and finally to the TenX wallet?  If so, that seems to imply that you need to have a working internet connection on your mobile device in order to pay with TenX, which is fine.  Just want to understand in simple terms how it works.

9. Will TenX be making partnerships, deals and acquisitions with/of other payment processors and competitors?  If so, would PAY holders, either directly or indirectly, benefit from such strategic deals?

10.  Are other payment systems able to leverage COMIT?  If so, what benefit would TenX PAY holder have?  If this is the case, what would serve to protect PAY holder investment from being undercut by other competitors riding on top of COMIT?

OK, so it was slightly more than 10 questions because I snuck in subquestions.

My decision whether to buy PAY as soon as it's on exchanges will be largely impacted on your answers.

Thanks.
   

Anyone from TenX team ever going to answer this?

Great questions, I would be interested in those answers too. Have you tried a different channel?

I think question 6 was answered by the team, because of regulations anonymity is not possible. You are using the conventional financial network at one point, so KYC is needed. Maybe in the future full crypto payments are possible everywhere, but I am convinced not before mass adoption of cryptos in general.

[blocks.explorer]

what was the ICO price in terms of its $$$ equivalent at the time it closed? ETH was at some of it's highest value at the time when this ICO happened.

[Chrizzli]

what was the ICO price in terms of its $$$ equivalent at the time it closed? ETH was at some of it's highest value at the time when this ICO happened.

You are correct, the daily ETH price on Jun 24th was approx. 320 USD, dropping fast. 1/350 split, 20% early bird.

This equals approx. 0.7619 USD per PAY ICO price with all bonuses included.

[ccsang]

you calculate ETH price right now ? Someone told me that include bonus tenx pay ico price around $0.84 , i'm wrong ?

[Chrizzli]

you calculate ETH price right now ? Someone told me that include bonus tenx pay ico price around $0.84 , i'm wrong ?

That would relate to an ETH price of 352.8 USD. That was in the range of 20th of June. Maybe he bought his ETH some days earlier? The price was dropping fast these days. Holding ETH was especially painful.

[ccsang]

you calculate ETH price right now ? Someone told me that include bonus tenx pay ico price around $0.84 , i'm wrong ?

That would relate to an ETH price of 352.8 USD. That was in the range of 20th of June. Maybe he bought his ETH some days earlier? The price was dropping fast these days. Holding ETH was especially painful.

I think so , Just Hold your coin , price will go up again , just give it some time to raise thier value

[Chrizzli]

you calculate ETH price right now ? Someone told me that include bonus tenx pay ico price around $0.84 , i'm wrong ?

That would relate to an ETH price of 352.8 USD. That was in the range of 20th of June. Maybe he bought his ETH some days earlier? The price was dropping fast these days. Holding ETH was especially painful.

I think so , Just Hold your coin , price will go up again , just give it some time to raise thier value

Agreed.

The crypto market as a whole is in weak shape right now. Most people still have to learn that they are likely losing more value outside of crypto in todays struggling financial systems. Of course not all cryptocurrencies are created equal, but the idea of spending a selection of cryptos directly through the existing payment channels is extremely temping to me.

[xsaints128]

Tenx will go up for sure, with such a solid team and investors. Just give it some time.

[franc0]

Fenbushi Response about the false accusations, see screenshot http://prntscr.com/fvoi7l

[Chrizzli]

Fenbushi Response about the false accusations, see screenshot http://prntscr.com/fvoi7l

Thank you for posting this here. I was certain nobody in the team and no long-term investors were dumping their tokens.

People are starting to post on twitter about their first purchase with their TenX cards. Nice!
I like this one: https://twitter.com/Andsvik/status/885787130529804288
Now in pre-growth phase would be a stupid time to sell for anybody.