Tenset works to accelerate blockchain and crypto adoption, uniting traditional finance with new technology. They are looking to provide blockchain benefits to companies such as Visa and Oracle that are already well established in the traditional world.
The 10SET token also acts as a deflationary coin that will provide users with more value over time. It uses a portion of each transaction fee to reward users with more tokens that are sent directly to their wallets.
In this article, we will discuss:
What is Tenset (10SET)?
Tenset is an emerging project from blockchain which sees itself as the bridge between crypto assets and the traditional stock market. It employs the new generation ETF2.0 deflationary token as well as a smart staking method. Its goal is to accelerate the adoption of cryptocurrencies and blockchain by 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 “world’s first deflationary token that combines dividend stocks with cryptocurrency projects.” This is due to innovative technologies like blockchain, decentralized finance (DeFi) and the Internet of Things (IoT), which are becoming highly attractive for companies looking to offer consumers innovative solutions.
Tenset proposes that while the digital currency market has great potential, traditional stocks should not be overlooked as they provide a foundation of security. Thus, it aims to provide the benefits of investing in both asset classes. In addition, many companies with excellent potential fail to develop a mechanism that allows them to generate profits on a steady basis. Thus, Tenset intends to be a long-term operation with the ability to finance itself. Tenset has three phases; the launch of the Tenset network, selection of Tenset crypto assets and the Tenset bridge to the market.
Tenset is revolutionizing the field of cryptocurrency investing. They offer investors exposure to a wide range of assets by holding the 10-set token, thanks to the ETF 2.0 portfolio. Portfolio profits are used to buy 10 sets and burn them permanently for deflation. They offer a world-class launch pad that features only the biggest crypto projects with huge potential, as well as the largest airdrop pool in the crypto space.
How does Tenset (10SET) work?
Tenset is a unique initiative that will give users tangible and real benefits while keeping 10SET as part of their portfolio. Tenset intends to use the token to support itself by reinvesting money in other cryptocurrency initiatives as well as traditional equities in industries with very low volatility. It has problem-solving meaning and qualities prevalent in emerging cryptocurrencies. The team designed this token to create greater incentives for investors, allowing them to gamble and reap bonuses just by keeping them in their wallets.
Another feature is that Tenset network smart contracts charge a 2% fee on each transaction. One percent of this charge will automatically be transferred to investors, while the remaining one percent will be burned. Those who hold 10SET tokens will immediately profit from this scheme, encouraging them to HODL. Tenset is also a distributor of ETF 2.0. This implies that the company will invest investor money in a combination of cryptocurrencies and conventional stocks. When compared to cryptocurrencies alone, this will provide more liquidity to the project as well as reduce risk and volatility.
The current phase of the Tenset project will incorporate them into traditional finance and financial markets. The ultimate goal is to fully integrate and link the cryptocurrency industry with the stock market. They are currently working with both mainstream payment systems like Visa and established technology companies like Oracle.
Time Buybacks
Buybacks are a core function of the Tenset project, where they use the profits generated by the portfolio to buy tokens from 10 sets on the market and burn them for deflation.
Portfolio Value
Tenset as an ETF 2.0 is backed by a variety of different crypto assets that generate profit.
Initial value
$ 10.000.000
current profit
$ 15 665 208
Total Buyback Times
2 333 889 10
Repurchase Value
$ 5 951 417
Gem Launching Platform
Tenset offers a world-class launch pad for promising cryptocurrency projects. This platform will only showcase the biggest blockchain projects with huge potential on a global scale. It has a vigorous evaluation and verification process when considering a project to ensure the highest quality and future potential. We offer an unparalleled service in the market that will incubate and guide projects from the early stage to the top of the cryptocurrency ranking.
This unique launch pad offers holders of 10 sets the profitable opportunity to invest in projects with huge pre-sale potential and allows the ETF portfolio to grow rapidly as Tenset will also invest. These projects have the potential to grow 100x or more, as seen with our first Gem, Metahero, which grew 170x in the first few months since launch.
This unique launch pad offers holders of 10 sets the profitable opportunity to invest in projects with huge pre-sale potential and allows the ETF portfolio to grow rapidly as Tenset will also invest. These projects have the potential to grow 100x or more, as can be seen with the first Gem, Metahero, which hit 170x in the first few months since launch, and the third Gem Everdome hit 92x in just 1 week after release.
tenset infinity
Tenset Infinity Airdrop is a game-changing utility introduced in the 10set token. This platform provides profitable passive income for loyal Tenset holders who lock their 10set. Investors can lock their 10set for 6 to 24 months and in return earn DAILY airdrops from all different cryptocurrency projects participating in the Infinity pool, including 10set. They are building the largest airdrop pool in the entire crypto space and integrating TEN tokens into the pool at any given time which will be shared with all investors who lock in!
Tenset Infinity offers a completely unique airdrop system in the crypto space.
By purchasing and locking 10 sets on Infinity, you will receive profitable passive income from many different tokens. Some of the tokens participating in Infinity have not yet been listed, so they offer potential for great growth in the future. This platform brings a new dimension to the utility of the 10set token and builds even further on its impressive passive income features.
incubator tenset
To facilitate the rapid growth of the portfolio, Tenset created an Incubator where they will provide initial support and make long-term investments in projects with potential that are not included in the Gem Launch Platform. The portfolio is the core aspect of Tenset, as this is how the project generates profit and finances the buy-back and burn that rewards holders. As a result, the growth of this portfolio is of great importance to the team. The bigger and faster we can grow our ETF 2.0 portfolio, the bigger the profits we can generate and in turn buy 10 more sets on the market and burn them for deflation!
Tenset has built a reputation as a serious and respected investor in the crypto space. As a result, Tenset receives many offers to participate in early sales of projects with huge potential. Projects will be carefully selected and evaluated to ensure the security of Tenset's funds. These opportunities are offered to Tenset due to reputation and are not open to the general public to purchase such a large stake.
Tenset app
Tenset has built a mobile app on Android and iOS that contains a complete wallet supporting the Ethereum network. The app has many additional Tenset features compared to a traditional wallet, such as 10-set network statistics and notifications for betting rewards, as well as company-related news.
10SET token
The 10SET cryptocurrency has approximately 77,5 million 10SET tokens circulating on the market, with a total maximum supply of 210.000.000 10SET. However, it has burned a total of 7.434.210 10SET since its debut. The distribution of token allocation is as follows: 70% to the sales pool; 10% for staff and advisors; 10% as company reserves; 5% earmarked for marketing; 5% held as liquidity reserves. As stated earlier, Tenset intends to burn their tokens to systematically increase their value. This implies that the number of 10SET tokens available for purchase will be reduced.
Where to buy the 10SET token?
10SET cryptocurrency can be traded on the following exchanges:
- BingX
- Gate.io
- BKEX
- PancakeSwap (V2)
Tenset Price Forecast (10SET)
Tenset price is predicted to reach a maximum level of $6.773 throughout 2022. As early as 2023 according to our crypto price prediction index, in 2023, the price of Tenset (10SET) may reach a maximum level of $13.033 , with the average trading price of $9.692.
In 2025 according to our crypto price prediction index, 10SET should cross an average price level of $15.712. The minimum expected value of the Tenset price at the end of the current year should be $14.508. Furthermore, 10SET can reach a maximum price level of $16.013. Tenset price is predicted to reach the lowest possible level of $13.906 in 2030. According to our crypto price prediction index, 10SET price could reach a maximum possible level of $25.65, with the predicted average price of $19.324 .
Conclusion
Tenset is a rather unique design that has problem-solving implications as well as attributes commonly seen in value-building cryptos. The token acts to provide more incentives for investors to hold it, giving them opportunities to gamble and earn rewards just by holding it in a wallet. Smart contracts integrated into the Tenset network add a 2% fee to each transaction.
Tenset is providing a new and unique solution for user incentives, volatility and integration with existing finance models. No one knows whether the project will be successful in the long term or face regulatory and adoption barriers. However, it seems to bring solid principles and interesting new tools to the crypto space.
