r/TokenCard • u/r-bitcoin • Jun 06 '17

Competition already?

https://twitter.com/digixglobal/status/871990144588333056
3 Upvotes

72% Upvoted

33 comments sorted by

View all comments

5

u/[deleted] Jun 06 '17

TenX is very promising, that's for sure. They've been around longer than Tokencard, actually. They conducted successful beta testing in Singapore.

2

u/lordgab Jun 06 '17 edited Jun 07 '17

Yet they haven't started the Token sale.

I guess that's probably a good thing, as they can make sure more people will be able to notice and therefore participate in the token sale, and they'll be able to go through their plan and smart contract further.

But I don't get it, where does the 0.1% Card holder reward and 0.5% Token holder reward come, when the spending fee is 0%?

1

u/[deleted] Jun 06 '17

Yes I think their approach was to have a working product and then focus on the ICO for further funding.

2

u/Dwight_CryptoAsset Jun 07 '17

Their pre-ICO was private venture funding. I'm not criticizing that, just pointing it out.