Tenset

Tenset (10SET) is a cryptocurrency that has been making waves in the blockchain space. The project, which acts as a technological hub, specializes in providing innovative startups with the necessary tools to flourish. This includes connecting them with powerful marketing and a global community through their world-class launchpad, known as the Tenset Gem Launch Platform.

The 10SET token is a deflationary token based on the BNB chain, which powers the diverse Tenset ecosystem. It serves as the native currency for all services, including access to the launchpad, Infinity Airdrop platform, NFT Marketplace, and gaming hub. Users need to buy and lock 10SET tokens from their private wallet to participate in launches.

Tenset enforces real deflation by actively burning a significant number of 10SET tokens to support long-term value and reward loyal holders. A 4% tax is placed on every transaction, with 2% being immediately burned and the other 2% providing sustainable rewards for stakers. The team also makes further burns to reduce the overall supply, which started at a maximum of 210 million tokens.

The project aims to bridge the gap between traditional finance and cryptocurrencies, providing blockchain benefits to established companies. The 10SET token itself acts as a deflationary coin, designed to provide users with more value over time by using a portion of every transaction fee to reward users with more tokens.

The current CEO, Jonasz Miara, is a blockchain entrepreneur and avid investor since 2014. The core team is doxxed and visible on the team page of the website, comprising developers, sales personnel, and legal compliance personnel.

In terms of price history, 10SET launched at around $0.70 and reached an all-time high of $6.00 before experiencing a crypto slump. The current price is around $0.68, with a circulating supply of 39,502,768.872 10SET.

Overall, Tenset (10SET) is a unique project that seeks to integrate traditional finance with the world of blockchain and cryptocurrencies, offering a deflationary token model that rewards users and supports the growth of innovative startups.

Tenset (10SET) is a cryptocurrency that operates as an ETF 2.0 token, which means it invests user funds in a combination of traditional stocks and cryptocurrencies. The platform is designed to empower promising projects by providing tech support, marketing, and attention from an active community. Here's how it works:

Tenset has a recognized launchpad where users can participate in early-stage projects with massive potential before they enter the market. To be eligible for the launchpad, users must have an active TGLP subscription or hold a TGLP NFT. Users can subscribe by locking 10SET tokens for a minimum of 365 days, giving them access to all projects launched during that period. The subscription can be renewed for another year to continue access to new launches.

Tenset offers a unique staking platform called Infinity, which allows 10SET holders to receive rewards from various crypto projects. Users can stake their 10SET tokens and receive daily rewards in the form of the 10SET token. There are two staking options: Regular Staking, which offers only 10SET token rewards, and Premium Staking, which offers additional airdrops of other crypto projects. The rewards are dependent on the trading volume, with 1% of the 2% transaction fee going to 10SET token stakers on Infinity.

10SET is a deflationary token, meaning its value is boosted by reducing the number of available tokens. This is achieved by burning half of the 4% transaction fee charged on each transaction. Additionally, there are other burning mechanisms such as buybacks on PancakeSwap, NFT auctions, and whale hunting.

10SET is the utility token of the Tenset platform and is used for all aspects of the ecosystem, including the launchpad, marketplace, airdrop platform, and governance. Users must buy and lock 10SET tokens to access the launchpad or Infinity airdrops platform. Token holders can also participate in community votes on the governance platform.

Tenset (10SET) uses the Binance Smart Chain and is supported on Ethereum Mainnet. The token is available for purchase on various exchanges such as Pancake Swap, Bitget, Gate Coin, and Kanga Exchange.

Tenset has an NFT marketplace where users can purchase NFTs that provide lifetime access to TGLP. These NFTs come in different tiers, offering varying levels of access to the launchpad and other benefits.

Overall, Tenset (10SET) is designed to provide a comprehensive ecosystem for crypto startups, offering a launchpad, staking platform, and NFT marketplace, all powered by its deflationary utility token.

The token Tenset (10SET) has several strengths that contribute to its value and potential:

1. Deflationary Mechanism: Tenset has a built-in deflationary mechanism, where a significant number of tokens are actively burned to reduce the total supply. This mechanism helps maintain long-term value and rewards loyal holders. The token burn process includes a 4% tax on every transaction, with 2% being immediately burned and the other 2% providing rewards for stakers.

2. Diverse Ecosystem: Tenset operates a diverse ecosystem that includes a launchpad, NFT marketplace, and tech hub, offering a range of services and opportunities for users. This ecosystem is powered by the 10SET utility token, which serves as the native currency for all services.

3. Strong Community: Tenset connects promising crypto startups with an active community, providing them with tech support, marketing, and attention. This community-driven approach helps foster growth and innovation within the ecosystem.

4. Launchpad Success: Tenset's Gem Launch Platform has successfully launched notable projects such as Metahero and Everdome, demonstrating its ability to support and promote successful startups.

5. Wide Availability: 10SET tokens can be traded on both decentralized and centralized exchanges, including popular platforms like PancakeSwap, Bitget, and Gate.io, making it easily accessible to investors.

6. Security: Tenset has an official security auditor and marketing provider, ensuring that the project maintains high standards of security and transparency.

These strengths collectively contribute to Tenset's value proposition and its potential for growth and adoption in the cryptocurrency market.

Tenset (10SET) carries significant financial risks. According to InvestorsObserver analysis, Tenset receives a high risk rating due to its proprietary scoring system, which evaluates how much money is required to move the price over a 24-hour period. This metric assesses recent changes in volume and market capitalization to determine how easily the token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores indicating high risk and high values indicating low risk.

This high risk rating suggests that investors should exercise caution when considering Tenset as an investment opportunity. The token's volatility and potential for manipulation make it a relatively high-risk investment, particularly for those primarily concerned with risk assessment.

• Jonasz Miara: The founder and CEO of Tenset, who developed the idea behind the project in early 2021. He has a background in psychology in business from the European University of Business.