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Topic: [ANN] TenX: Making Blockchain assets spendable - page 195. (Read 332329 times)

sr. member
Activity: 854
Merit: 256
I just converted some of my tokens into TenX PAY. I couldn't buy at ICO and now it was my opportunity. I will also add in on doing discussion of dividends method. Although it is bit expensive to send at holders ether addresses but this looks more good because there is no sense to let my tokens in any centralized wallet managed by any one. There should be freedom of choice for everyone to use whatever some want.
newbie
Activity: 34
Merit: 0
I think would be great if Tenx PAY would be also listed on Exodus !

Maybe everybody can send request to Exodus to add PAY!

Exodus is the number 1 offline wallet with millions of users!

Only 10 different coins are listed currently (major coins)

I already asked Exodus to add PAY - and they said they probably will - but only if there will be more requests by different users!

I think PAY could skyrocket when it will be added on Exodus becaue lot of people will exchanging from the other coins on Exodus to PAY (also very easily)

If you want to bring PAY to Exodus just send email to them on [email protected] or on their slack channel https://exodus-invite.herokuapp.com
hero member
Activity: 933
Merit: 500
I think that sending the dividends to the peoples Tenx accounts would be a much better option because that wouldn't cost them anything in gas or fees. Is there a date when the first dividends will be sent out? Will this be done monthly or quarterly?

So they will deposit the dividends directly into our Tenx account and not send them through the ETH blockchain?

Honestly I would prefer to see buybacks because there will be a ton of money spent on tx fees for sending dividends to thousands of token holders. That is just wasted money that could be used for buybacks and the increase of value of the token...

I get your point, but I like the dividend model more.

The PAY token accumulates ETH on the same address, and you can transfer & spend that ETH directly through your TenX card. No need to sell any of your PAY tokens, you always keep your initial investment without thinking. If you want to sell, you can always sell, the price will rise nonetheless.

But there are alternatives if you don't like the design of the PAY token. You could buy the tokens of TenX´s competitors, I think they all use some kind of buyback.

No.

Payouts are in ETH. And will be sent to the holders ETH address. Which was the one they sent the TenX tokens to.

They can just use really low gas to send the payments. They'll be regular and at whatever frequency they end up settling on. To me, it doesn't need to be a high gas/speed transaction. I suspect most token holders will feel the same. Why wouldn't they? As you say, high gas will just eat into the payout.

Where does it say that they will send the ETH payout to you?

Before the ico they said that you'll be able to COLLECT your payout when you feel it makes sense, considering the gas costs which YOU will have to pay, not them.

I asked the team on their Slack channel. That's what they told me. I didn't specifically ask if payouts were sent or collected. But their response (exchanges will get the ETH for tokens held there) definitely implied automatic distribution of payouts. With payout frequency increasing over time as they get more of the system up and running smoothly.

But I'm in agreement with you. Whatever gets paid out, needs to be set up in such a way to minimise the gas hit on the payout. Especially for smaller holders. Like me!
member
Activity: 112
Merit: 10
So they will deposit the dividends directly into our Tenx account and not send them through the ETH blockchain?

Honestly I would prefer to see buybacks because there will be a ton of money spent on tx fees for sending dividends to thousands of token holders. That is just wasted money that could be used for buybacks and the increase of value of the token...

I get your point, but I like the dividend model more.

The PAY token accumulates ETH on the same address, and you can transfer & spend that ETH directly through your TenX card. No need to sell any of your PAY tokens, you always keep your initial investment without thinking. If you want to sell, you can always sell, the price will rise nonetheless.

But there are alternatives if you don't like the design of the PAY token. You could buy the tokens of TenX´s competitors, I think they all use some kind of buyback.

No.

Payouts are in ETH. And will be sent to the holders ETH address. Which was the one they sent the TenX tokens to.

They can just use really low gas to send the payments. They'll be regular and at whatever frequency they end up settling on. To me, it doesn't need to be a high gas/speed transaction. I suspect most token holders will feel the same. Why wouldn't they? As you say, high gas will just eat into the payout.

Where does it say that they will send the ETH payout to you?

Before the ico they said that you'll be able to COLLECT your payout when you feel it makes sense, considering the gas costs which YOU will have to pay, not them.

I asked the team on their Slack channel. That's what they told me. I didn't specifically ask if payouts were sent or collected. But their response (exchanges will get the ETH for tokens held there) definitely implied automatic distribution of payouts. With payout frequency increasing over time as they get more of the system up and running smoothly.

But I'm in agreement with you. Whatever gets paid out, needs to be set up in such a way to minimise the gas hit on the payout. Especially for smaller holders. Like me!
sr. member
Activity: 336
Merit: 250
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So they will deposit the dividends directly into our Tenx account and not send them through the ETH blockchain?

Honestly I would prefer to see buybacks because there will be a ton of money spent on tx fees for sending dividends to thousands of token holders. That is just wasted money that could be used for buybacks and the increase of value of the token...

I get your point, but I like the dividend model more.

The PAY token accumulates ETH on the same address, and you can transfer & spend that ETH directly through your TenX card. No need to sell any of your PAY tokens, you always keep your initial investment without thinking. If you want to sell, you can always sell, the price will rise nonetheless.

But there are alternatives if you don't like the design of the PAY token. You could buy the tokens of TenX´s competitors, I think they all use some kind of buyback.

No.

Payouts are in ETH. And will be sent to the holders ETH address. Which was the one they sent the TenX tokens to.

They can just use really low gas to send the payments. They'll be regular and at whatever frequency they end up settling on. To me, it doesn't need to be a high gas/speed transaction. I suspect most token holders will feel the same. Why wouldn't they? As you say, high gas will just eat into the payout.

Where does it say that they will send the ETH payout to you?

Before the ico they said that you'll be able to COLLECT your payout when you feel it makes sense, considering the gas costs which YOU will have to pay, not them.
member
Activity: 112
Merit: 10
So they will deposit the dividends directly into our Tenx account and not send them through the ETH blockchain?

Honestly I would prefer to see buybacks because there will be a ton of money spent on tx fees for sending dividends to thousands of token holders. That is just wasted money that could be used for buybacks and the increase of value of the token...

I get your point, but I like the dividend model more.

The PAY token accumulates ETH on the same address, and you can transfer & spend that ETH directly through your TenX card. No need to sell any of your PAY tokens, you always keep your initial investment without thinking. If you want to sell, you can always sell, the price will rise nonetheless.

But there are alternatives if you don't like the design of the PAY token. You could buy the tokens of TenX´s competitors, I think they all use some kind of buyback.

No.

Payouts are in ETH. And will be sent to the holders ETH address. Which was the one they sent the TenX tokens to.

They can just use really low gas to send the payments. They'll be regular and at whatever frequency they end up settling on. To me, it doesn't need to be a high gas/speed transaction. I suspect most token holders will feel the same. Why wouldn't they? As you say, high gas will just eat into the payout.
hero member
Activity: 933
Merit: 500
So they will deposit the dividends directly into our Tenx account and not send them through the ETH blockchain?

Honestly I would prefer to see buybacks because there will be a ton of money spent on tx fees for sending dividends to thousands of token holders. That is just wasted money that could be used for buybacks and the increase of value of the token...

I get your point, but I like the dividend model more.

The PAY token accumulates ETH on the same address, and you can transfer & spend that ETH directly through your TenX card. No need to sell any of your PAY tokens, you always keep your initial investment without thinking. If you want to sell, you can always sell, the price will rise nonetheless.

But there are alternatives if you don't like the design of the PAY token. You could buy the tokens of TenX´s competitors, I think they all use some kind of buyback.
newbie
Activity: 56
Merit: 0
Honestly I would prefer to see buybacks because there will be a ton of money spent on tx fees for sending dividends to thousands of token holders. That is just wasted money that could be used for buybacks and the increase of value of the token...

I get your point, but I like the dividend model more.

The PAY token accumulates ETH on the same address, and you can transfer & spend that ETH directly through your TenX card. No need to sell any of your PAY tokens, you always keep your initial investment without thinking. If you want to sell, you can always sell, the price will rise nonetheless.

But there are alternatives if you don't like the design of the PAY token. You could buy the tokens of TenX´s competitors, I think they all use some kind of buyback.
hero member
Activity: 933
Merit: 500
Honestly I would prefer to see buybacks because there will be a ton of money spent on tx fees for sending dividends to thousands of token holders. That is just wasted money that could be used for buybacks and the increase of value of the token...

I just read the whitepaper, but I don't really understand it.

I hope someone is willing to explain me. How can I benefit from holding PAY tokens?


0.5% of the annual transaction volume are paid out to the token holders. 204 million tokens are around.
Forumal for calculation of annual reward

(((full transaction volume)*0.005)/205,218,256) = annual reward per token

Are those fees paid out as a dividend or paid out in the form of a buy back? Because as far as I understand there are many legal issues involved with a dividend but a buy back is easier.

dividend. They are in Singapur, if they are using the dividend model is because they investigated on the matter. You don't have to worry, let the TENX team deal with the adversities.
full member
Activity: 167
Merit: 100
aamjanta & scamalert0 the same person...........

C0in_junkie and scamalert0 are the same person spaming here ..
Be careful
sr. member
Activity: 521
Merit: 251
aamjanta & scamalert0 the same person...........

I've report them both several times, can't believe the moderator isn't doing shit.

Me2
hero member
Activity: 756
Merit: 500
Hire me! Spanish translator and community manager!
aamjanta & scamalert0 the same person...........

I've report them both several times, can't believe the moderator isn't doing shit.
sr. member
Activity: 521
Merit: 251
aamjanta & scamalert0 the same person...........
full member
Activity: 167
Merit: 100
TenX tokens are being SCAMED  If you want to rich why don't you join Metal or OMG TOKENS ..
 great projects both having good support

Don't waste your time and money and energy on SCAM SCAM ...

MTL can make you rich OMG can give you $ .. join them together



I don't see this project as good .. You are all here to earn quick money and crypto market is all about ..

I don't see this project have good future there are lots of tokens same features like MCO ..
full member
Activity: 167
Merit: 100
I just read the whitepaper, but I don't really understand it.

I hope someone is willing to explain me. How can I benefit from holding PAY tokens?


0.5% of the annual transaction volume are paid out to the token holders. 204 million tokens are around.
Forumal for calculation of annual reward

(((full transaction volume)*0.005)/205,218,256) = annual reward per token

Nothing to undertand..... Is just a scam, ponzi scheme and whatewer. Nothing revolutionary. Just same boring stuff.
Thats my point.

TenX tokens are being SCAMED  If you want to rich why don't you join Metal or OMG TOKENS ..
 great projects both having good support

Don't waste your time and money and energy on SCAM SCAM ...

MTL can make you rich OMG can give you $ .. join them together




I don't see this project as good .. You are all here to earn quick money and crypto market is all about ..

I don't see this project have good future there are lots of tokens same features like MCO ..
 
hero member
Activity: 756
Merit: 500
Hire me! Spanish translator and community manager!
Stop the FUD SPAM @scamalert0
full member
Activity: 228
Merit: 100
I'm not pessimist, i'm just being realistic.

They haven't announce a specific date for the first payout but i believe is near.

You're being sarcastic hopefully. Othwerwise, people can make fun of you in forums. You can't be believing 1 pay token will be equal more than 3 dollars. I don't see any incentive for the token price increase for tenx.
hero member
Activity: 756
Merit: 500
Hire me! Spanish translator and community manager!
I'm not pessimist, i'm just being realistic.

They haven't announce a specific date for the first payout but i believe is near.
legendary
Activity: 961
Merit: 1000
I just read the whitepaper, but I don't really understand it.

I hope someone is willing to explain me. How can I benefit from holding PAY tokens?


0.5% of the annual transaction volume are paid out to the token holders. 204 million tokens are around.
Forumal for calculation of annual reward

(((full transaction volume)*0.005)/205,218,256) = annual reward per token

Nothing to undertand..... Is just a scam, ponzi scheme and whatewer. Nothing revolutionary. Just same boring stuff.
Thats my point.

Your point lacks in evidence, there is no evidence this is a scam or ponzi scheme, all the contrary. In fact, TENX has already a fully operational product and what they offer is indeed revolutionary. Stop your FUD.

If PAY reaches $ 1k it will be very good! It would be a $ 200 billion marketcap!
Now to reach $ 50k, the marketcap would be $ 10 trillion or 10x Apple's marketcap, something almost impossible !!!!

lol, i doubt $1000 will happen in the short term. I think 30$ is achievable by 2020.

Why so pessimistic? I think $30 will be more realistic for this year without a doubt.

lets support properly this project
newbie
Activity: 16
Merit: 0
I just read the whitepaper, but I don't really understand it.

I hope someone is willing to explain me. How can I benefit from holding PAY tokens?


0.5% of the annual transaction volume are paid out to the token holders. 204 million tokens are around.
Forumal for calculation of annual reward

(((full transaction volume)*0.005)/205,218,256) = annual reward per token

Nothing to undertand..... Is just a scam, ponzi scheme and whatewer. Nothing revolutionary. Just same boring stuff.
Thats my point.

Your point lacks in evidence, there is no evidence this is a scam or ponzi scheme, all the contrary. In fact, TENX has already a fully operational product and what they offer is indeed revolutionary. Stop your FUD.

If PAY reaches $ 1k it will be very good! It would be a $ 200 billion marketcap!
Now to reach $ 50k, the marketcap would be $ 10 trillion or 10x Apple's marketcap, something almost impossible !!!!

lol, i doubt $1000 will happen in the short term. I think 30$ is achievable by 2020.
When will Tenx start paying dividends?
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