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Topic: [ANN] TenX: Making Blockchain assets spendable - page 71. (Read 332329 times)

sr. member
Activity: 658
Merit: 250
I strongly discourage new people investing into "payment processor" coins b/c the future is very uncertain due to different types of laws in each country. This will kill the progress of the coin and by the time they resolve the problem, they will be forgotten by the community, like Tenx. This type of coin is really similar to security and they going to have tons of problems with the government.

For regarding with Tenx, they should of shift away from cards thing and focus on COMIT from the start but that didn't happen. They just wasted away 6 months of advantage they had over their competition and they have fallen behind. Tenx is NOT that focus, that is why it drop from top 30 to lows 90's. This should tell you something about the company.
newbie
Activity: 35
Merit: 0
tenx is a decent token, i like that back end infrastructure ideas. The execution is the only concern here.
full member
Activity: 490
Merit: 101
BABB doesn't have a banking license yet, so TenX may have a bit of an advantage for the time being, as they already have the liquidity to move things along fairly quickly. BABB looks like a pretty solid project, but new competition doesn't mean the death of the incumbent. Competition drives innovation, so either way, I see this as a good development. There's room for more than one crypto bank/card services provider.
newbie
Activity: 10
Merit: 0
What's TENX's plan if the big Card Networks(Visa, MC, Discover and AMEX) shut down any link to crypto?
I know Julian says Visa is still onboard, but are they considering the Wavecrest debacle.
Are there other Networks a Merchant Card terminal can access that TENX could use?
I'm keeping my PAY tokens for now but some stronger support statements directly from VISA would help.

Well at the moment there is no official information about the way, how VISA will handle crypto cards. But the shutdown of wavecrest was not because of crypto, but because of some things that went against their regulations.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
Is this project TenX rival or not? It looks like they are giving some interesting payment and banking solutions  Cool

https://steemit.com/cryptocurrency/@kriptonoob/with-babb-everyone-is-the-bank

The BABB project seems more focussed on bringing basic bank services (bank account, basic account functions like transferring money) on a 1st world level to the 3rd world. Spending crypto-to-fiat like TenX is not the focus of BABB although they intend to issue basic cards for spending BABB money at supporting merchants with a BABB account. BABB is thus more about online banking mixed with crypto while TenX is primarily focussed at holding crypto while spending it like fiat.

The Fintech projects are on the rise lately. Early birds like TenX, Centra and Monaco are accompanied by relative newcomers like Plutus, Bankera and BABB. OmiseGo probably also qualifies partially as worldwide banking platform in this respect.

All of them are building the future infrastructure of finance. Exciting times.

Some may be put outta business when the time comes because at the end of the day, It's all about the business and competitions that abound. TenX is great but It needs to start offering unique benefits other than the few percentage difference in fees.


full member
Activity: 490
Merit: 101
As has been mentioned before, TenX is trying to secure their own banking license, in which case, they would not need to rely on 3rd parties to broker payment cards. Take a look at the following transcript of their last AMA: https://blog.tenx.tech/transcript-of-jan-9-2018-tenx-q-a-livestream-token-structure-wavecrest-banking-licence-9cd883716f08
legendary
Activity: 3108
Merit: 1531
yes
Is this project TenX rival or not? It looks like they are giving some interesting payment and banking solutions  Cool

https://steemit.com/cryptocurrency/@kriptonoob/with-babb-everyone-is-the-bank

The BABB project seems more focussed on bringing basic bank services (bank account, basic account functions like transferring money) on a 1st world level to the 3rd world. Spending crypto-to-fiat like TenX is not the focus of BABB although they intend to issue basic cards for spending BABB money at supporting merchants with a BABB account. BABB is thus more about online banking mixed with crypto while TenX is primarily focussed at holding crypto while spending it like fiat.

The Fintech projects are on the rise lately. Early birds like TenX, Centra and Monaco are accompanied by relative newcomers like Plutus, Bankera and BABB. OmiseGo probably also qualifies partially as worldwide banking platform in this respect.

All of them are building the future infrastructure of finance. Exciting times.
sr. member
Activity: 521
Merit: 251
Any news about the new card issuer? I'm so sad that i can't use my card anymore  Cry
member
Activity: 210
Merit: 14
I am tired of holding Tenx tokens now. No big news no announcement, Is there any chance to increase the price?

Next news will come in the next month or so. Then hopefully we will get a huge one in the summer when the get a banking license. Then the price will moon Cheesy

Any specific news that we can expect? I have long been a follower and believer in the project but it has been very quiet and still in the price action for a long while now. I know that could be the calm before the storm but why isn't there happening anything at all, has development staggered?
full member
Activity: 350
Merit: 100
Revolutionising Marketing and Loyalty
Is this project TenX rival or not? It looks like they are giving some interesting payment and banking solutions  Cool

https://steemit.com/cryptocurrency/@kriptonoob/with-babb-everyone-is-the-bank

sr. member
Activity: 588
Merit: 250
https://www.projecton.pro/
I am tired of holding Tenx tokens now. No big news no announcement, Is there any chance to increase the price?

Next news will come in the next month or so. Then hopefully we will get a huge one in the summer when the get a banking license. Then the price will moon Cheesy
whether a Bank license or will the merger, how the issue of a banking license, or know the road map.

Hey Dragon, did not understand what you said. But I will say, I should have said when/if they get their banking license, as obviously that is not a certainty.
unfortunately, on obtaining of banking license depends on all of the company's business, but we are about the process itself we know nothing, I would like to know how they will do and what road map
full member
Activity: 322
Merit: 101
I am tired of holding Tenx tokens now. No big news no announcement, Is there any chance to increase the price?

Next news will come in the next month or so. Then hopefully we will get a huge one in the summer when the get a banking license. Then the price will moon Cheesy
whether a Bank license or will the merger, how the issue of a banking license, or know the road map.

Hey Dragon, did not understand what you said. But I will say, I should have said when/if they get their banking license, as obviously that is not a certainty.
sr. member
Activity: 588
Merit: 250
https://www.projecton.pro/
I am tired of holding Tenx tokens now. No big news no announcement, Is there any chance to increase the price?

Next news will come in the next month or so. Then hopefully we will get a huge one in the summer when the get a banking license. Then the price will moon Cheesy
ways of getting can be different be it a banking license to the company or the combined company and the Bank, as a banking license, or know the road map.
sr. member
Activity: 588
Merit: 253
Innovations with Ed Begley Jr. features TenX on FOX Business

Innovations w/Ed Begley Jr. explores blockchain leader TenX in this episode, that aired originally on Saturday, January 27, 2018 on FOX Business.

At TenX it is our mission to make virtual currencies spendable anytime anywhere.

https://www.youtube.com/watch?v=K9ViCVvaj1M
full member
Activity: 322
Merit: 101
I am tired of holding Tenx tokens now. No big news no announcement, Is there any chance to increase the price?

Next news will come in the next month or so. Then hopefully we will get a huge one in the summer when the get a banking license. Then the price will moon Cheesy
full member
Activity: 658
Merit: 129
i'm very interested if the cards are available to order from russia. is it possible? it's a shame that most of cards projects with all those millions caps can't manage using cards outside EU.  Cry

How much do the cards cost and what are the fee's? I have not seen any of this info yet....would be nice to have before i order a card. No one seems to be able to respond with a good answer. Is this a scam?

The fee info is there, you just have to search a little. Here you are: https://www.tenx.tech/fees.html
It looks legit; I discussed with their tech support, they have one; but most people didn't receive their card yet, so not much of feedback. And now, because of Wavecrest they also have to find another card provider.
If you want to preorder the card, you have to fund that BTC wallet first, but, since a few days ago, even preordering is not possible anymore.


Okay thanks -- so they charge $15 for the card. I guess i'll wait for a Monaco card then since its free.

I'm wondering what the perks are for using the card if any?
I don't want to pay for a card if it has no benefits. But it does look better than Centuras card for sure.

So my ranking at the moment #1 Monaco, #2 TenX, #3 Centura (This is a really far Number 3 -- fees are high and card looks ugly)


I've seen you several times trolling in the Centra, Monaco and TenX Topics and it just sucks.

Here you say you're trying to get a Monaco Black Card, you need 50,000 MCO for that (~$600000!!), but $15 for a TenX card is too much for you?!  Huh

https://bitcointalksearch.org/topic/m.27480166


And you still write Centura - it's called CENTRA - without "U". You blame others for having a low IQ. lol. (https://bitcointalksearch.org/topic/m.27664963)
member
Activity: 224
Merit: 11
Potential New Card Issuer will be dropping soon, other BIG NEWS includes TenX feature on Fox Business and Meetup at the Paris Fintech Forum. TenX PAY is a ERC20 token built on top of Ethereum that will allow users to connect their blockchain assets and spend their cryptocurrency directly as currency in the real world.
member
Activity: 107
Merit: 10
Are they still working on getting a bank license themselves? If so is there an ETA on this? Relying on WaveCrest is not ideal Sad

So with the WaveCrest issue, does no ones cards work now?

Right, TenX cards don't work anymore. They are working with a new issuer to get back online as soon as possible, and yes they are also working on their own banking license but this will take some more time, I think I've read in summer if I remember correctly.

Things been tough on TenX, but with a good team hopefully they will recover by the summer. Would be silly to panic and sell, best bet HODL and if they do manage to get the banking license watch the price explode Cheesy

Yes, that is the best way we have to hold the coin because already the team is trying their best to get approval from the bank. But the major problem is lack communication, this makes some time panic about the company.

Lack of communication? check out TenX youtube https://www.youtube.com/channel/UCrh49JX-9UQJbee6e4EGhog , there's plenty of communication.
jr. member
Activity: 428
Merit: 7
I am tired of holding Tenx tokens now. No big news no announcement, Is there any chance to increase the price?

Yeah, sell it, so we can buy more of them.

How much time do you think it takes to establish a product in a market? 7 days?  Cheesy
member
Activity: 122
Merit: 10
I am tired of holding Tenx tokens now. No big news no announcement, Is there any chance to increase the price?

Do not hold it, put in a wallet  Grin
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