We are issuing a new ERC-20 rewards token called the TenX token to eligible members of the TenX community.
The TenX token is a ERC-20 rewards token on Ethereum with features of ERC-1462. Depending on factors such as TenX Pte Ltds earnings, financial position, cash flow, capital needs and general business condition, rewards on the TenX token may be paid in the form of a tradeable cryptocurrency (i.e. PAY). An announcement of the amount of rewards to be paid and when such rewards will be paid will be made every quarter.
In the blog article all the details of the operation
https://blog.tenx.tech/en-tenx-rewards-token-faq-3f5a5f6d7848Afghanistan,
China, Crimea Peninsula, Cuba, Eritrea, Gaza Strip,
India, Iran, Iraq, Kosovo, Lebanon, Libya, Myanmar (Burma), North Korea (the Democratic Peoples Republic of Korea), Palestine, Somalia, South Sudan, Sudan, Syria,
United States of America, Venezuela, Yemen.
The KYC verification will make sure no one from the above regions get issued the TenX Tokens or take part in the Rewards program.
The value of the TenX Token is the Rewards Program however the value of the PAY token payouts will be decided by the market and it's rate of possible dilution. At the very least the PAY token should pump before the December 31st snapshot. After that it's anybody's guess.