LOOKING AT TENX TEAM, FUNDAMENTALS AND MILESTONES SINCE INCEPTION

jeanwandimi (67)in #tenx • 6 years ago (edited)

Ten X is one of the leading blockchain companies in Singapore. Their USP (Unique Selling Point) is that they make many digital currencies available anytime and anywhere. This is made possible by using their virtual card and mobile wallet. The app is available in Android and iOS. These two products help you make payments, withdrawals, and cash transfers. The first few cards were available in Singapore. They are being rolled out to other Asian Nations and the goal will be to then take them to Europe. Soon you may also have a TenX card in your wallet (If you don’t already).

In their ICO, there were able to raise a remarkable $ 80Million. I think the card can be a huge success simply because more and more people across the world are learning and even adopting digital currencies. The growth rate is very high with more people investing in a wide portfolio of coins. People already use debit and credit cards the possibility of adopting the TenX card is high because it will be like something they have used. However, this will particularly be of interest to people who have already invested in cryptocurrency.

Read my previous post here: https://steemit.com/tenx/@jeanwandimi/ckhnghs-a-look-into-tenx-making-your-bitcoin-ether-and-litecoin-instantly-spendable

In my previous post, we looked at Ten X and their two products, the Tenx Card and the Tenx Wallet. We also looked at the beautiful design of the cards. They are black and sleek with a minimalistic design.

In this post, we will investigate all the development in their journey, their team, philosophy, and milestones.

Milestones.

28 November 2017: TenX Pay had a token that began trading on Huobi Pro. TenX had a token sale in late June and they raised over 200 thousand ETH. They then made another milestone when they listed their tokens on Huobi Pro. This is the grandest digital exchange program globally. People will be able to withdraw and deposit their tokens at the end of November 2018. Their partnership is great and will empower people who are early adopters of blockchain technology. This service will be accessible to people in over 130 nations. The reason they partnered with Huobi is that they are strong in security and they are well known. They also have great services and portfolios. This is a milestone for TenX because it makes their tokens accessible and people can use it anywhere and anytime.

Here are other milestones.

The token sale started on 24th June. In July 2017 there was the partnership with the exchange and there was an “ERC20 Token Support Rollout” -Link https://icobench.com/ico/tenx/milestones

They launched their iOS and Web App in August 2017. They had more partnerships in September 2017.

In the first half of the year, they launched COMIT Read more here https://icobench.com/ico/tenx/milestones They are currently onboarding different digital assets.

Ten X Team

The TenX founder and CEO is Toby Hoenisch and the co-founder and President is Julian Hosp. See other team members below.

One thing that struck me about the CEO is that he started programming at 10. What was I doing at the age of 10? He also studies Artificial Intelligence and Computer science. He has been a speaker at Fintech events. Julian Hosp was a professional athlete and he was also a trauma surgeon. You can also add keynote speaker, author and blockchain expert to his profile. That is one impressive resume! You can read more about their team here https://tenx.tech/en/our-team

Let’s focus on the rest of their team. They believe that everyone has something to bring to the table and they harness all their strengths to make a great team. In terms of knowledge, the team members have the skills in their respective team. The team is also very knowledgeable about the blockchain ecosystem. In fact, it is safe to say that they are thought leaders in this industry. They engage with the community and collaborate to come up with great ideas.

The TenX team believe that people are their best asset. Their aim is connecting people to decentralized services. They also task themselves with connecting people and developing that fabric of the future. They believe in learning and updating their practices.

What makes TenX Special?

When asked what sets them apart, they say it is because they aim to be the

“Fabric of the decentralized world”.-Link https://tenx.tech/en/

Another thing that sets them apart is the fact that people can access a variety of coins. They have different cryptocurrencies in their portfolio and this will serve different people each with unique portfolios and mix on interests.

They also provide the option for you to pair your wallet with the app and this makes it very convenient. You avoid delays and problems when you need to withdraw your money. This is a great bridge between fiat and cryptocurrency and it makes your work and life considerably easier.

What about Security?

When it comes to security, they pride themselves in adhering to very high-quality standards. They have the two-factor authentication for all users and this ensures that all accounts are safe. They also have a multi-signature wallet system. They ensure that every private key is under hot and cold storage. When the network is live, people will have their keys and they will be able to store them themselves. Another great thing about TenX is that any activity with your account alerts you and you can protect yourself. They do not sell your info. You can also use biometrics in some select mobile devices. They have a dedicated customer service team.

Support for their community

I love how they offer support to people who are new to the crypto world. They have a “Learn” page on their website that is dedicated to teaching people things about the crypto world. One of their lessons includes showing you the cryptocurrency and blockchain basics. They also show you how to manage your digital assets. This is a skill that most beginners need, to avoid losing their money. They also take you through ICO’s and give a brief background in helping people understand it better.