10Set Token
10SET
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Creator: Jonasz Miara
Launch date: 03-28-2021
Contract: 0x7ff4169a6b5122b664c51c95727d87750ec07c84
Blockchain: Ethereum network
Marketcap: $165,772
Tax: 2.0% Buy & 2.0% Sell 😊
Audit: Available βœ”οΈ
Whitepaper: N.A
Token description:

What Is Tenset (10SET)?

Tenset is an emerging blockchain project that envisions itself to be the bridge between crypto assets and the traditional stock market. It employs the new generation ETF2.0 deflationary token as well as an intelligent staking method. Its goal is to speed up adoption of cryptocurrencies and blockchain by the financial markets. According to its official website, it is capitalizing on the current state of the economy as it approaches the fourth industrial revolution.

According to Tenset’s whitepaper, it claims to be the β€œworld’s first deflationary token that combines dividend shares with cryptocurrency projects.” This is due to innovative technologies such as blockchain, decentralized finance (DeFi) and the Internet of Things (IoT), which are becoming highly appealing to enterprises that want to offer consumers innovative solutions.

Tenset proposes that while the digital currency market has great potential, traditional stocks should not be neglected as it provides a basis of safety. Thus, it aims to provide the benefits of investing in both asset classes. Furthermore, many companies with excellent potential are unable to develop a mechanism that allows them to steadily generate profits. Hence, Tenset aims to be a long-term operation with the ability to finance itself.

Tenset has three phases; the launch of Tenset network, selection of Tenset crypto assets, and bridging Tenset with the market.

Who Are the Founders of Tenset?

Jonasz Miara initiated the project and introduced it in the first quarter of 2021. He is an ardent blockchain entrepreneur and investor since 2014, and is the current CEO of Tenset. He has over 10 years of experience in business and leadership, and holds a BBA. According to Miara, his main function is to safeguard investment security of clients and ensure that Tenset develops into a stable company.

Tenset is currently in the early phases of an optimistic plan that intends to close the year with loan offers, automatic share price payouts, and presentation of the initiative to larger retail investors.

The expanding company employs developers, sales staff and legal compliance personnel who enable the project to expand and service more users. Members of the project’s key team are all available on the website’s team page, here.

What Makes Tenset Unique?

Tenset is a one-of-a-kind initiative that will give users tangible, real-world benefits while holding 10SET as part of their portfolio. Tenset intends to use the token to support itself by reinvesting cash in other crypto initiatives as well as traditional equities in industries with really low volatility.

It has both problem-solving significance and qualities prevalent in emerging cryptocurrencies. The team designed this token to create greater incentives for investors by allowing them to stake and reap bonuses just by keeping them in their wallets.

Another feature is that the Tenset network’s smart contracts charge a 2% fee on every transaction. One percent of this charge will be automatically transferred to investors, while the remaining one percent will be burned. Those who own 10SET tokens will profit immediately from this scheme, incentivizing them to HODL.

Tenset is also an ETF 2.0 distributor. This implies that the business will invest investor cash in a combination of cryptocurrencies and conventional stocks. When compared to cryptocurrencies alone, this will provide the project more liquidity while also lowering risk and volatility.

The current phase of the Tenset project will incorporate them with the financial markets and traditional financing. The ultimate objective is to fully integrate and link the crypto sector with the stock market. They are currently working with mainstream payment systems such as Visa, and established technology companies like Oracle.


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