TenX logo
Website

TenX (PAY)

ICO

TenX connects your blockchain assets for everyday use. TenX’s debit card and banking licence will allow us to be a hub for the blockchain ecosystem to connect for real-world use cases.

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Overview

Project industryFinance Services & Banking
Product typeApp
FoundedSingapore
WhitepaperTenX White Paper Open

What is TenX

When we as the co-founders of TenX got together to start this company, it was our vision to have assets on the blockchain be not only available to industry insiders, but rather something that can be used by any individual user in the “real world”.

Additionally, with the emergence of more and more different tokens, a growing number of users and businesses truly struggle to leverage on the existing infrastructure to make this interconnectedness of physical and virtual platforms become a reality.

At TenX, we strive to offer the user access to as large as possible a range of blockchain assets at a maximum degree of convenience, while adhering to the highest security standards in the ecosystem.

We are able to do this by connecting blockchains, leveraging on the COMIT network, including the COMIT Routing Protocol and the Cross-chain Payment Channels, which works in a completely trustless, instantaneous and low-cost manner.

To the end-user, we offer the TenX Card, a debit card, with an accompanying TenX Wallet, a mobile wallet that can be funded not only with Bitcoin (BTC), Ether (ETH), and Dash (DASH) as currently possible, but also with virtually any blockchain asset in time to come. TenX payment facilities which include the physical and virtual debit card can be used in almost 200 countries at over 36 million points of acceptance today. This is possible as we have card issuance partnerships with major credit card companies.

Moreover, users and businesses can exchange their blockchain assets seamlessly from one user to another in a decentralized manner, removing any risk that is usually associated with current centralized solutions.

Details

Public sales: Jun 24, 2017 - Jun 24, 2017
Token supply: 205,218,255.94858 PAY
Soft cap: 200,000 ETH
Raised: 80,000,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Singapore
Registration year: 2015
Office address: 11 Keppel Rd, #07-00 ABI Plaza Singapore 089057

Bounty

Bounty: 5%

Token info

Ticker: PAY
Type: Security
Token standard: ERC-20
Token price in USD: 1 PAY= 0.64 USD
Token price in ETH: 1 PAY = 0.002857 ETH
Accepted currencies: ETH, BTC
Bonus program:
Early bird bonus 20%
Token distribution:
51% - Sold to the community
20% - Community, biz, Dev, R&D, education, expansion
20% - Founders, early investors, employees
9% - Strategic partnerships, advisory
Funds allocation:
45% - COMIT Integration
20% - Marketing and sales
10% - Multiplatform integration
10% - Admin and operations
5% - Development fund
5% - Legal
5% - Bug bounty program

TenX Roadmap

1
24 June, 1PM (UTC)

Token Sale Started

2
To be announced

Token Sale End

3
July 2017

- Exchange partnership announced
- ERC20 Token support rollout

4
August 2017

- iOS and WebApp launch

- Trading start

5
September 2017

More exchange partnerships and currencies

6
Q4 2017

Decentralised secure smart contracts (DSS) ready for public and open for developer

7
Q4 2017

Initial version of COMIT live

8
Q1 2018

Comprehensive security testing and audits on COMIT

9
Q2 2018

COMIT fully integrated Bitcoin, Ethereum and more

10
Q3 2018

Open platform for developers on COMIT

11
Q4 2018

Onboarding of other Blockchain assets such as ETFs, derivatives and other investment products

12
2019

- TenX Card Issuing Licence

- Full revenue & control on TenX car

13
2020

- TenX - blockchain Banking Licence

- Issue FIAT tokens fully backed and insured by a goverment.

- A trojan horse to bring everyone on blockchain ecosystem

from traditional banking system.

Project team

Toby Hoenisch
Toby Hoenisch
Co-Founder & CEO
Toby Hoenisch linkedin
Michael Sperk
Michael Sperk
Co-Founder & CTO
Michael Sperk linkedin
Paul Kitti
Paul Kitti
Co-Founder & COO
Paul Kitti linkedin
Philipp Hoenisch
Philipp Hoenisch
RESEARCH LEAD
Philipp Hoenisch linkedin
Thomas Eizinger
Thomas Eizinger
RESEARCH ENGINEER
Thomas Eizinger linkedin
Franck Royer
Franck Royer
SENIOR SOFTWARE ENGINEER
Franck Royer linkedin
Lucas Soriano d. Pino
Lucas Soriano d. Pino
JUNIOR SOFTWARE ENGINEER
Lucas Soriano d. Pino linkedin
Daniel Karzel
Daniel Karzel
SOFTWARE ENGINEER
Daniel Karzel linkedin
Tobin Harding
Tobin Harding
SOFTWARE ENGINEER
Tobin Harding linkedin

Social media

TenX web-siteTenX RedditTenXYouTubeTenX InstagramTenX BTCTalkTenX X (Twitter)TenX Facebook

MVP

App storeGoogle Play

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