Ten (formerly Obscuro) (OBX)Ten is a Layer 2 rollup that hyper-scales and encrypts Ethereum. Ten allows Ethereum smart contracts to contain both public and private elements without changing the user or developer experience. Series A Round: $7.5M Testnet guide IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Ten
The design of Ten ensures that existing Ethereum apps can move over to Ten for virtually no cost. Any developer familiar with Ethereum can build privacy-preserving apps on Ten that benefit from the adoption, legitimacy, security, developer tooling and liquidity of the entire Ethereum ecosystem.
End-users can continue to use MetaMask or their favourite Ethereum wallet. Interacting with a Ten application is the same as interacting with any Ethereum application. With a seamless user and developer experience, Ten changes the blockchain's privacy paradigm.
Obscuro leverages a pragmatic technology for encrypting the ledger, Trusted Execution Environments (TEEs). TEEs provide robust confidentiality guarantees with certainty over the code running. They allow Ten to offer smart contracts, decentralisation, and scalability all encrypted in a way other techniques cannot.
Ten uses Confidential roll-ups, a new type of roll-up inspired by existing roll-up-based L2 offerings Optimistic and ZK roll-ups. The use of confidential computing techniques and economic incentives allows Ten to retain the performance and programming model simplicity of Optimistic roll-ups and attain confidentiality, short withdrawal periods, and address MEV.
DetailsPre-sale token supply: 277,000,000 OBXToken supply: 1,000,000,000 OBX Raised: 7,500,000 USD LegalBlockchain Platform: EthereumRegistration country: United Kingdom Registration year: 2022 Office address: 2 London Wall Place, London, England EC2Y 5AU, GB | Token infoTicker: OBXType: Utility-token Token standard: ERC-20 Token distribution: 10% - Pre-Seed Round 6,4% - Seed Round 11,3% - Strategic Round 2% - Service Providers 15,2% - Core Team 2,3% - Contributor Community 52,9% - Community Reserve |
Ten Roadmap
- Whitrpaper published
- Pre-seed funding round successfully conceudes
- EVM runs within secure enclave
- Produce encrypted rollups
- MVP complete
- Team growth
- Release of Devnet
- Sample dApp launched
- Seed funding round successfuly concludes
- Persistent testnet open to selected partners
- Developers begin testing
- Comunity growth: 400%+
- Business development: 5 new partners per week
- Testnet connects to Sepolia
- Open testnet to large participation
- Boost marketing
- Global hackathons
- Launch Mainnet Alpha
- Launch Foundation DAO
- Define governance model
- Positioned to distribute OBX
- Exchange listing
- Private app-chains
- FHE research
- ZKPs for hyper-scaling