[ANN] TenX: Making Blockchain assets spendable

[niklasmato]

When is the credit card going to launch?

They are sending them out in batches atm. Im hoping to get my card this month.
You can order and pay for it through the App, price is 15$. But you will most likely have to wait for the next sendout If you order now and get it sometime in october/november.

The beta card has been launched. They are currently using a partner which is no longer supplying cards to the US.
However in the same time TenX has requested a official banking license (which should be active in the next 6 months). Whenever they have this license they will be able to issue cards to everywhere again.
For the moment the EU cards are being sent.

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[silvestar]

If it comes to mind with their opponents like TokenCard, Monaco, they all make money. But the one that will explode first determines definitely which team works better and faster. Generally in the projects when the ico ends and the investment is collected, there is a languor in the teams. I do not know if there are meaningless waiting, silences in these projects, but the most active ones will gain.

[minime0105]

Looks like KyberNetwork will be a direct competitor to COMIT?

Maybe TenX should focus on their cards instead of trying to do both things?

Well the process of distribution of the cards are already ongoing, so I think, better to do things at same time, if they can do too many things simultaneously, why not right? Just a matter of time management, and they have it for sure.

[T.Stuart]

If it comes to mind with their opponents like TokenCard, Monaco, they all make money. But the one that will explode first determines definitely which team works better and faster. Generally in the projects when the ico ends and the investment is collected, there is a languor in the teams. I do not know if there are meaningless waiting, silences in these projects, but the most active ones will gain.

I absolutely agree that the first who will occupy the market, it will take him a long time! And then it will be difficult for competitors to pick up a part of themselves

[LibertValance]

When will the 0,5%/Pay Volume - Reward start?

Do i have to just hold the tokens in MyEtherWallet or register somewhere?

[jemiro]

I just installed the app on my S7 and its saying my phone number is already in use? Then it locks up. WTH? Having an easy, stable wallet app is a big key to mass adoption. ETA, Yes I've verified my email account. I'll dig around for a solution. :/

[anasso]

Hi,

if i understand, PAY card will have a multiwallet?

so you can spend dollars and the equivalent amount of crypto will be deducted?

[Wekkel]

Hi,

if i understand, PAY card will have a multiwallet?

so you can spend dollars and the equivalent amount of crypto will be deducted?

Yes, although at the moment, only the BTC wallet is active. But there are a couple of video's already showing the card and the app in action:
https://www.youtube.com/watch?v=42EN2HMUeWQ
https://www.youtube.com/watch?v=mPzZwvEIGFc (goto 5:11)

I am waiting for my card to arrive (I hope mid October).

[minime0105]

Hi,

if i understand, PAY card will have a multiwallet?

so you can spend dollars and the equivalent amount of crypto will be deducted?

If Tenx will do that, it will be a very very good progress, especially transferring it to tether immediately or fast, then they can really get partners on the real world, which accepts tether when they read the tether project. In that case, Tenx will greatly help block chain mass adoption.

[Kripto.hr]

So it is card just for EU at this moment?

[WinchesterInThePeaks]

When is the credit card going to launch?

They are sending them out in batches atm. Im hoping to get my card this month.
You can order and pay for it through the App, price is 15$. But you will most likely have to wait for the next sendout If you order now and get it sometime in october/november.

The beta card has been launched. They are currently using a partner which is no longer supplying cards to the US.
However in the same time TenX has requested a official banking license (which should be active in the next 6 months). Whenever they have this license they will be able to issue cards to everywhere again.
For the moment the EU cards are being sent.

They have never actually supplied cards to the US- this was and still is planned for Q4 (Oct- Dec).

As for the wavecrest thing, they always planned to use a different issuer who will be announced early next month who will issue cards to everyone.

This is speculation but I think the new issuer will bridge the US gap too.

In terms of the credit card launch, nothing is concrete yet- The above poster may be mixing up Debit and Credit cards as the language is different in different parts of the world.

[abdulmozadm]

The magnificent image of TENX cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.

[micaxel]

how long do i need to wait to get a card?

[Isaaq.Almaguer]

Finally some clarifications on this whole wavecrest issue!

https://blog.tenx.tech/tenx-card-update-sept-2017-2c9e41bf8f59


So it seems like TenX will only be usable for European Residents for the time being, until they find a replacement issuer.

[NrX]

So it is card just for EU at this moment?

Yep, this is my understanding too. Anyway I am still hopeful the operations will be extended and cards will be available worldwide in future. This restriction will not last long and sooner or later things will return to last status where anyone could use those cards anywhere.

[Use.Your.Brain]

So it is card just for EU at this moment?

I'm sure franc0 will provide us with adjusted dividend projections asap

[Kennedy]

Here’s why I like TenX for the long term:
- they have a working product
- their communication is great. Twice a week updates which really help those of us who have money in the project.
- So far they have hit all of their milestones, except for the change in card provider has made the wait longer for those of us outside of the Europe. This hiccup was really well signalled in their comms with excellent transparency.
- the card reward is on ‘ALL OF THE TRANSACTIONS’ that all cardholders make, not just my own spend. The other cards only reward me for my own spending, and I don’t spend much (since every dollar spent is another dollar not gaining value in BTC)
- they are sensibly releasing the number of cards slowly to ensure that they can cope with the transaction volume and ensure a great user expirence.

The risks to TenX that I see are:
- the card product is really easy to replicate. Their first mover advantage won’t last far into 2018. It would be great if they could scale up quicker.
- like any start up there is the risk of not carrying off the master plan
- if they are very successful they might be bought by a large payment processor who doesn’t invest in the PAY token platform (since this is a cost that brings little long term advantage for the long term).

pretty agreed ,thanks for you share ,and i happly to see TenX price went back to ICO level.

[dinhthephung]

I have some question.
1. Comit network is as lighting network, atomic swap? and it has not operated yet?
2. About Rate exchange crypto currency and fiat currency, Where does it come from?

[flund]

Can someone send me an invite to slack? :-)

[Bailo]

Can someone send me an invite to slack? :-)

no. since a long time you only can read this: " Offline for maintenance - This app is undergoing maintenance right now."