It is said that Token Holders will get 0.5% reward from each transaction.
Coul you please specify how are you going to calculate that? Is it 0.5% from the fees paid while transaction was occured, 0.5% from TenX income of the transaction or 0.5% from the amount of transaction?
Thanks in advance.
Assume $1,200,000,000 transactions per year
0.5% = $6,000,000 / 202,000,000 PAY = $0.0297 per PAY per YEAR
$1,000 PAY @ ICO = 1240 PAY
$0.0297 x 1240 = $36.828 per year
I don't think $1,200,000,000 transactions per year is reasonable. Why the hell do people spend money more than a billion dollar with this standard card? Plesae do your calculations properly, otherwise, you could face a serious problem after your investment.
What are you talking about, 1.2 billion is the aprox volume per year counting with the fact that the average person spend 100$ per month minimum, is in the white paper. 1.2 billion is the estimate in the whitepaper too. Also all the TENX normal cards are sold out, so there's a high demand for TENX cards.