Post
Topic
Board Tokens (Altcoins)
Re: TenX, the Atomic Swap company...YIKES
by
someonesomeone
on 26/06/2018, 10:08:00 UTC
Where are Visa and Mastercard blocking crypto integration? Source or it is just FUD...

Atomic swaps are good for exchanging between cryptos and since the tenx wallet is supporting more and more cryptos, this will be great for them to do fast exchanges that can then be converted to fiat.

Well it looks like they pulled of the first on-chain atomic swap between ETH and BTC:

https://medium.com/coblox/connect-all-the-blockchains-atomic-swap-78b38fff42e

That's weird, I thought their mission statement was "Making Crypto Spendable" and u can't "Atomic Swap" to Fiat.
I'm an admitted Crypto-holic and have zero interest in Atomic Swaps. It's not a big Market (ask Komodo) and I highly doubt any derived revenue stream could support 200+ employees and token holder rewards.
Let's face it with Visa and MasterCard blocking any Crypto integration TenX is scrambling for a new business model.