[ANN] TenX: Making Blockchain assets spendable

[lonesomestranger]

hi there, i m from france, is there any french who received the card ? i want one also

Since you are from France you should have no problem recieving a Tenx card, from what I know Tenx never had problems issuing cards in Europe

[mahvia]

Been waiting for my tenx card for nice 3 months and finally my card has arrived to my country. but still.. now DHL fails to deliver it to me for 3 days in a row already )

I'm positive tenx will thrive at some point

Received my card and then an other difficulty.. couldn't activate the card. not on app and not even on their webapp. 3 days of sending emails and chatting with support and finally card is ready to use. Bought my first beer yesterday with it. Worked perfectly

PS: customer support was very helpful and positive

[anakrea]

Happy to see more and more people confirming that they received their cards. Looks like they are currently really working on getting the cards out as soon as possible.
Hope mine won't take too much time anymore...

[supertee]

Anyobdy ordered the card early September and already got it?

[maot4]

Been waiting for my tenx card for nice 3 months and finally my card has arrived to my country. but still.. now DHL fails to deliver it to me for 3 days in a row already )

I'm positive tenx will thrive at some point

Received my card and then an other difficulty.. couldn't activate the card. not on app and not even on their webapp. 3 days of sending emails and chatting with support and finally card is ready to use. Bought my first beer yesterday with it. Worked perfectly

PS: customer support was very helpful and positive

The activation was pretty straight forward if you follow the steps that came in the note with the card. Also you might need to move the card lock button on the app to the right to enable any physical purchase

[Mr Frog]

hi there, i m from france, is there any french who received the card ? i want one also

Ordered September 1st. Still waiting. From France.

[jemiro]

This from what I understand is where Monaco just shafted it's holders. They dropped the rewards for holding Monaco that would pay the holders a % of payment volume.

From the TenX whitepaper:

Fee Disbursement Flow:
For every card transaction a merchant accepts, the merchant pays 0.5-3% in the form of a
merchant discount fee. This fee is then split among his bank, also called the acquiring bank, the
card scheme and the issuing bank. The fee that is paid to the issuing bank is called the
interchange fee. Traditionally this fee is plain profit for the issuer, but often is also used to give
rewards to the user in form of air miles or similar benefits. At TenX, we reward our users with
PAY tokens on every purchase to allow them to become a token holder. Subsequently, PAY
token holders will receive an incentive of 0.5% of the entire payment volume on the TenX
payment platform initially on a monthly basis. TenX aims to distribute the reward in shorter
periods of time in the future, with a target of hourly reward distribution.

Hopefully TenX won't do the same, it's why I'm holding. What's not clear, is the math around how much each person will receive from the .5%. If in 12 months the total volume of PAY transactions is 10 million USD a month, how do you figure what each 100 tokens will receive back? Is the .5% distributed across all tokens available? If I understand it right, .5% (half of 1%) of 10mill would be $50,000. If there are approx 125,000,000 tokens that would be .0004 cents per token. Or $4 per 10,000 tokens? Am I getting that right?

anyone?

[krizniq]

hi there, i m from france, is there any french who received the card ? i want one also

Ordered September 1st. Still waiting. From France.

ordered August 12th. Still waiting, EU

this "company" is fucking joke, nobody is answering, nobody is communicating! stay away cos they are tards.

[Pytbo]

hi there, i m from france, is there any french who received the card ? i want one also

Ordered September 1st. Still waiting. From France.

ordered August 12th. Still waiting, EU

this "company" is fucking joke, nobody is answering, nobody is communicating! stay away cos they are tards.

Thanks for feedback.  I was thinking of ordering a card for myself.

[Chrmel612]

Seems like bitcoin is now locked up at 7,000 dollar mark. Any speculation why ethereum also rises. Anyway, TenX manage to get some gains. It's a profitable ride with BTC bull run.

[xsaints128]

Btc is going up and it will reach 8000 dollars soon. But i hope it doesn't cross the 8000 mark because it will affect all the altcoins badly.

[someonesomeone]

Ok now that I see that the card works and that these guys are doing great progress I am interested in one more thing. Utility.

Will/does the PAY token have utility? If so what is/will it be?

[xibeijan]

Ok now that I see that the card works and that these guys are doing great progress I am interested in one more thing. Utility.

Will/does the PAY token have utility? If so what is/will it be?

Pay token holder get 0.5% of total TenX network transaction fees paid in ETH on an hourly basis.  Those payments have not started yet.
TenX card holders get 0.1% cash back in the form of Pay tokens, creating buy pressure on Pay tokens proportional to TenX network transaction volume.

Pay token holder will set up camp on moon.

[Wekkel]

Bitcoin will hit $25k sooner than my TenX card will arrive 

[someonesomeone]

Those are benefits, not utility. I am talking things like staking or discounted fees for using PAY tokens and similar utilities...

Ok now that I see that the card works and that these guys are doing great progress I am interested in one more thing. Utility.

Will/does the PAY token have utility? If so what is/will it be?

Pay token holder get 0.5% of total TenX network transaction fees paid in ETH on an hourly basis.  Those payments have not started yet.
TenX card holders get 0.1% cash back in the form of Pay tokens, creating buy pressure on Pay tokens proportional to TenX network transaction volume.

Pay token holder will set up camp on moon.

[ikbinruig]

TenX website states there is a 0% foreign exchange fee. How is this possible when the MyChoice card foreign exchange fee is 3% for everyone? Hidden fees or just calling it bad currency conversion rate?

I think because you store cryptocurrency on your TenX wallet. The cryptocurrency will not be changed to fiat money until you make a purchase. So at the time you make a purchase, TenX trades the cryptocurrency to the right fiat. So it won't have to change a fiat for another fiat

[Vinnie2244]

Where is it necessary to keep the tokens in order to receive the bonuses of the holder?

If I keep on Myetherwallet there will be bonuses or it is necessary that on the card tokens lay? I apologize for my English)) Thanks

[hqthief]

so let me get this straight.

1- When I use a virtual or physical tenx card to make a purchase, I am refunded 0.1% of the payment in PAY tokens. If this is true, how will this work? Will the 0.1% in dollars or BTC be exchanged into PAY by the dev team and sent to me?

2-Is there any risk of the asset contract (0.5% gettin distributed to token holders) being scrapped like on monaco? because of legal stuff?

[ikbinruig]

so let me get this straight.

1- When I use a virtual or physical tenx card to make a purchase, I am refunded 0.1% of the payment in PAY tokens. If this is true, how will this work? Will the 0.1% in dollars or BTC be exchanged into PAY by the dev team and sent to me?

2-So the 0.5% of all buy volume using tenx cards will be distributed amongst the coin holders. Has this begun? Can I buy eg. 10k tenx tokens and start receiving payments at this very moment?

1. Yes, they will buy 0.1% worth of your transaction in PAY tokens on the market and send it to you.
2. No, the reward program hasn't started yet. They did say however, that 0.5% of all past transactions will be paid out once the program starts.

[Rym]

Hello all,
I heard that TenX provides a credit card that helps you to spend you crypto currencies .
Can you please tell me how can I get one? And how much do I need to pay for it?
Thank you in advance.