Tenset is a decentralized blockchain platform created as a technology hub and incubator in the blockchain industry. Tenset focuses on assisting in the development of promising crypto projects. To achieve this goal, the Tenset ecosystem offers a number of tools, including marketing support for new blockchain projects.
Date of foundation: in 2021
Core team of Tenset
- Mat Milbury (CEO)
- Jonasz Miara (Founder)
- Alexander Szolowicz (DEV)
Also, the Tenset team includes a number of blockchain specialists, marketing specialists, developers, community managers, cybersecurity experts, from the legal field and even law enforcement.
More info about Tenset Launchpad
The Tenset ecosystem has a number of features that distinguish it from many others. The platform implements deflationary mechanisms in which a very large number of internal tokens are subjected to a burn-in procedure, thus maintaining value. At the same time, Tenset generously rewards the community and holders. The platform has gained a solid amount of trust thanks to the variety of available products in the cryptocurrency space. For instance, the Tenset ecosystem contains a trading platform for NFTs, an Infinity Airdrop system and a technology hub for the community with very extensive features and services.
One of the key solutions that the Tenset ecosystem offers is the Tenset Gem Launch Platform. With this approach, blockchain startups, new and existing, have a unique chance to attract the necessary funding through Initial DEX Offering (IDO). At the same time, users and investors have a unique opportunity to buy tokens of promising crypto startups at an early stage, even before they appear in the public markets.
The functionality of Tenset Gem Launchpad is built on the principles of the Initial DEX Offering (IDO) lottery model. And crypto projects added to the platform have a distinctive name – Gems. Tenset IDOs also features a rating system divided into several Tiers:
- Tier 1 – 1000 10SET
- Tier 2 – 2500 10SET
- Tier 3 – 5000 10SET
- Tier 4 – Regular NFT
- Tier 5 – Sumeragi & Genesis NFT
Each level is endowed with different bonuses and has a weight (from 1x to 9x). This approach significantly expands opportunities for investors by providing users with additional incentives. Thus, in order to participate in Gems IDO on the platform, users need to lock in a certain number of internal 10SET tokens. Each Tier level in Tenset provides an opportunity to get a guaranteed allocation and the higher the Tier, higher the reward amount.
Another feature of Tenset Gem Launchpad is that users can store certain NFTs that allow participation in IDOs and endows holders with more unique benefits. Such holders are given the status of Infinity stakers.
Tenset Gem Launchpad conducts IDOs in multiple rounds, depending on the rules set. There are basically 3 rounds; Round 1 with guaranteed allocation for 10SET investors. Then, Round 2 in First Come First Served (FCFS) mode or Round 3 for NFTs holders.
Token 10SET
10SET is an internal token that acts as the main unit of account, preserving the value of the Tenset ecosystem and securing transactions. Also, 10SET is a deflationary token through which holders have access to all products on the platform, including steaking, the NFTs trading platform, access to the IDO Launchpad and Game Centre. At the same time, investors receive solid rewards for interacting with the Tenset crypto solutions.
Key metrics of Tenset Gem Launch Launchpad
- 15 successful IDOs
- Raised more than $51.20M
- ROI in ATH: +3223.6% (33.24x)
- Blockchain support: Ethereum, BNB Chain, Polygon, Base
Launched of categories
- Blockchain Service – 40%
- GameFi – 26.7%
- DeFi – 6.7%
- NFT – 6.7%
- Social – 6.7%
- CeFi – 6.7%
- Meme – 6.7%