Post
Topic
Board Tokens (Altcoins)
Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable
by
benq71
on 21/08/2017, 05:28:03 UTC
https://scontent.fkul4-1.fna.fbcdn.net/v/t1.0-9/20476358_1933446303539240_5245724184679131611_n.jpg?oh=0eda5435d13eba4a38c403e1308ff628&oe=5A340527

Above is how Tenx earn money

Hello, I have question about Tenx share

Total supply is 205,218,256 PAY

Since Tenx hold 20% of total token mean 20% share of Tenx,
1.4% of monthly users spent transaction is profit for Tenx, let's say monthly spent on Tenx card is 100k usd, Tenx earn 1400usd, Tenx (hold 20% of share) earn 280usd (1400 x20%)
If I hold 1% of PAY token total supply, will I get 1% of 1400usd (14usd) ?

ATM, 49% of the tokens are still being held, so only 100,000,000 in circulation. Tokens that are on exchange wallets such as bittrex and tokens in Tenx contracts (those 49%) are excluded
from the payout. So let's say the total tokens held in private wallets (thus eligible for rewards) are around 70,000,000.




By buying Tenx Pay token, any benefit except getting 0.5% of transaction spent? Let's say yearly transaction spent on Tenx is 1,200,000,000usd (from their whitepaper example), market capital current 400,000,000usd (4usd/Pay Token).

Annual Return will be 1,200,000,000 x 0.5%=6,000,000usd/400,000,000usd=1.5% per year return

mean current price (4usd) is not a good price to invest?