Tenset

What is Tenset?

Tenset serves as a cutting-edge tech hub specializing in blockchain technology. Their primary focus is on nurturing budding startups by equipping them with essential resources, all while facilitating connections with a robust global community and leveraging powerful marketing strategies through their prestigious Tenset Gem Launch Platform. This platform is widely recognized as one of the leading launchpads in the cryptocurrency realm, boasting a track record of successfully introducing game-changing projects like Metahero and Everdome.

The 10SET Token is a deflationary cryptocurrency built on the Binance Smart Chain. This versatile token serves as the core currency within the expansive Tenset ecosystem, providing access to a wide range of services. These services encompass the Tenset launchpad, the Infinity Airdrop platform, an NFT Marketplace, a gaming hub, and much more. To participate in these launches, users must acquire 10SET tokens and securely lock them in their private wallets.

How Does Tenset Work?

Tenset represents a project with a rather unique combination of problem-solving capabilities and characteristics commonly associated with value-driven cryptocurrencies. The token has been designed to provide stronger incentives for investors to retain it, offering opportunities for staking and earning rewards simply by holding it in a wallet. Within the Tenset network, smart contracts introduce a 2% transaction fee, which directly benefits 10SET token holders in two ways:

• 1% of the fee is automatically distributed to those holding 10SET tokens.
• 1% of the fee is permanently removed from circulation, enhancing the token's scarcity and intrinsic value.

Tenset also serves as an ETF 2.0 provider, which means they allocate the funds raised from investors into a diversified portfolio, including both cryptocurrencies and traditional stocks. This strategy involves investing in shares of established companies such as AT&T and Coca-Cola, alongside holdings in assets like Polkadot and Bitcoin. This diversification provides a higher level of exposure while reducing risk and volatility compared to a purely cryptocurrency-focused approach.

In the project's third phase, Tenset aims to seamlessly integrate with the stock market and traditional financial systems. Additionally, they plan to develop APIs, enabling other projects to establish bridges for their users. Ultimately, the overarching objective is to fully connect and merge the cryptocurrency realm with conventional financial markets and traditional payment methods, including solutions like Visa.

Tenset Team Background

The project was established by Jonasz Miara, the current CEO, who is a seasoned blockchain entrepreneur and a dedicated investor since 2014. The core team members are fully transparent and can be easily found on the team page of the website. As the project continues to grow, the team has expanded to include developers, sales professionals, and legal compliance experts who play crucial roles in the project's expansion and in providing support to an increasing number of users.

Tenset Project Development

Tenset Infinity continues its rapid pace of growth, recently marking its 66th airdrop milestone while welcoming new sponsors, Gyrowin and Scorpion!

Gyrowin stands as a cross-chain decentralized platform that encompasses gaming, liquidity management, and asset handling. Their initial focus is on introducing lottery games, with plans to integrate staking and lending DeFi platforms, providing players with additional choices while participating in lotteries. Their objective is to address common player concerns by creating an innovative protocol that offers a user-friendly and transparent decentralized gaming system, all powered by blockchain technology.

Scorpion is an emerging cryptocurrency designed for social online gambling, with the goal of dismantling the barriers within the casino industry. Their platform offers betting options for over 35 different sports and boasts a comprehensive online casino that includes a selection of 200+ games. These games range from classics like slots, blackjack, and poker, providing a diverse and engaging gaming experience for users.

Tenset Price Analysis

As of December 25 2024 Tenset has a marketcap of $39M. This is {{percentagefromath}} from its all time high of $6.48. In terms of its tokenomics, there's a total supply of 167M with 100% currently outstanding. Keep in mind Tenset has a fully diluted value of $39M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude