Topic: [ANN] TenX: Making Blockchain assets spendable - page 296. (Read 332329 times)

Nope not 100k USD worth of eth. 100k ETH worth of 39 million USD. It was announced on their blog post

https://medium.com/@TenX/tenx-presale-goal-of-100-000-eth-reached-within-36-hours-1658abebee25

I'd been thinking it was 100,000 USD in eth; sleepy at the moment.

You claim you raised 100,000 ethereum in your pre-sale ico. Are you sure abut it?

I just don't believe in this seriously.

125 ETH is the minimum for the PRESALE phase

For sure this ICO will be successful after it's presale. And they've got still a lot of time 15 days before this ICO ends.

I've checked it also and I have to agree with you, they surely got the edge and will be able to collect a lot of investors.

Got this email from Tenx
If you want to be part of this presale and you have at least 125 ETH to contribute, you have to do this NOW! The deadline of 11:59pm New York Time is literally around the corner.
It clearly states minimum amount to invest is 125 ETH

Not sure I understand these :
#1 - so the card user gets 0.1% reward for every purchase he makes ? Is this paid in PAY token or ETH ?
#2 - What is the value in holding this token long term ? ( from that 0.5% of the total payment volume each of us  gets something paid in ETH ? ) For me its not clear how this 0.5% is distributed among token holders
#3 - as I understand it uses COMIT network for the transactions ? In what level of development is this network .. as I see that part of the ETH from ICO goes to the development of COMIT . If COMIT is in development...what is the product using in the testing phase to make transactions instant?
#4 - "With the next 50,000 ETH, TenX will be able to apply for a banking license to create an even better user experience and to gradually integrate Fiat currencies into the offering. " - does this mean we can then withdraw fiat ? ( 2018 in the roadmap ?)
#5 - So Tenx on COMIT network will act as an exchange ... provide liquidity for instant transactions to avoid slower speeds generated by blockchain validations ?
#6 - any max buy cap / order at ICO to prevent big whales buying in a lot and having the ICO close in 2 minutes ?
#7 - will the address to send funds be available before ICO to prevent site crashing like it happened to TokenCard ? What steps are you taking to make this ICO last longer ?
#8 - How involvement is mr Vitalik in the project ? (except the investor part )


Thanks!  

Love these types of ico have funded them in past and got really good returns hope your ico is also a success

What capitalization must a currency have for integrate  tenX ?

Thanks for your interest in this topic.  I have a lot of ERC23 tokens that I would be willing to commit to the public TenX ICO in late June, but only if I know beforehand that the TenX ICO smart contract can handle them.  Saying "oops - sorry" ten minutes after the gates are opened on ICO Day is not acceptable.  This issue needs to be addressed and totally resolved before the final TenX ICO.

Here's some background:

https://www.reddit.com/r/EthereumClassic/comments/5ydst4/explanation_of_the_difference_between_erc20_and/

https://ethereum.stackexchange.com/questions/17054/erc20-vs-erc223-list-of-differences/17071

https://medium.com/@dexaran820/response-to-vitaliks-speech-about-erc-23-ad240a27490f

This issue is especially critical since TenX is presenting themselves as being a universal cross-token solution.  To have a ERC23 screw-up on ICO day would be a PR disaster for them.

And a final question - will PAY be an ERC20 or an ERC23 token?

i had read the news even still not officially because they still trying to get the exact amount of funds from their Chinese partners and indeed that was good for this project but if i'm not mistaken that after reach this goal they apparently paused temporary the pre sale from the people who interested currently

i second that, lets see if they address the questions and how they go about their answers.

Very good question here, I will like to read the team's answers to this questions.

Sorry, I did not make myself clear.  Let me try again.  

In the last line of the white table in the TenX original post, "Accepted currencies for the ICO", it says that BTC, ETH, and ERC20 tokens will be accepted as payment during the late June public ICO.  Are there limits on the kinds or amount of ERC20 tokens that can be donated in the TenX ICO?  How will the value of donated ERC20 tokens be determined?  

Also, is the TenX ICO smart contract going to be set up to handle ECR23 tokens?  For example, MobileGo is an ERC23 token, a version of ERC20 that is updated to solve some known issues with standard ERC20 tokens. ERC23 is a standard in ethereum tokens. However, Bittrex is currently having problems in beginning trading on MGO because their smart contracts need to be updated to handle ERC23.

Im just getting down to reading their opening post and looking at the goal they just achieve is pretty great to already have 100k ETH, lets see how this ends.

You will get the ERC20 2-3 days later because TenX will verify everything first.


Ethereum Smart Contract. When it's more than 100k ETH the transaction won't be successful and will be automaticall declined.

What is the procedure for using ERC20 tokens on the day of crowdsale?  

How are you going to avoid accepting more than 100K ETH on the day of the crowdsale, to avoid the overrun that happened to Bancor?

Going to send you a message in a minute or two

I saw the comparison table in op where Tenx is compared with existing debit cards and I can say tenx definitely has an edge over all existing cards.

Wow. it's very great to see this news. It seems this project is very big and it has collected 100,000ETH only after 36 hours in the pre-sale.
Congratulations . You have done this project very well. I will consider to join it when ICO launching .