TenX Profile (PAY)
Project Safety Score
Wed, Jan 19, 2022 1:17 AM
TenX is a payment platform that facilitates digital and physical modes of transaction for cryptocurrencies to any merchant, even if they don’t accept cryptocurrencies. Physical and digital modes of course, include bank accounts, wallets, debit cards, cash and much more. The primary agenda of the company is to make it easier and faster to use cryptocurrency and accelerate adoption for the industry. The TenX blockchain supports the PAY token, which is the fuel that runs the network and is the cryptocurrency using which transactions on the network are made. TenX came into existence in 2011 and was created by Toby Hoenisch. While at the university, he took a keen interest in cryptography though he believed that there was no success for cryptocurrencies.In 2012, Toby started trading Bitcoin when he got to know a member of bitcoin-community who was not able to open an account in bank and used TenX crypto currency instead. Toby Hoenisch and Michael Sperk started a one-bit start up in 2015 and introduced us to a debit card, through which payments with bitcoin could be done. Cryptocurrency adoption is a longstanding problem - with most cryptocurrencies remaining relegated to the realms of hype and not seeing real-world usage, not as much as the enthusiasts would like, at least. This is an important problem being solved by the TenX coin, which seeks to make it easy for the end user to use cryptocurrencies by removing the hurdles associated with keeping different wallets and using them separately. As with all other investments, it is wise to do your own research, but seeing that TenX seems to be solving unique problems, it may certainly be worth a look.
Read more in the whitepaper:
TenX Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
TenX Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
TenX Safety Report
TenX has a safety score of 4.65
TenX is a nano cap token.
TenX is suited to a investment style.
This profile has all the the data required to perform a thorough analysis.
TenX Red Flags
Red flags are listed below. Checkout the red flag tab for a more in-depth analysis.
TenX Development Score
The TenX project has 23 active source code repositories.
The most recent commit was Tue, Jan 18, 2022 11:43 PM
- 94 Watchers
- 428 Stars
- 146 Mentionable Users
- 0 Vulnerabilities
- 360 commits in the last 28 days.
- extremely high repo stars
- daily repo updates
- poor stars
- no watchers
- no forks
- very poor mentionable users
TenX Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.
- The overall sentiment is average
TenX Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on TenX?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall TenX has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.
- extremely high hashtag tweets
- below average gitHub account watchers
- very poor reddit articles
- poor search result count
TenX Awareness Score
The awareness score indicates how well TenX is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the TenX is but a good measure of longevity is how well the project is known by the general public.
Overall TenX this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- no search result total
- no overall news articles
- very poor primary saved news articles
- very poor all saved news articles
TenX Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- very good project age (released Jun 27, 2017)
TenX Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- extremely high USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
TenX Red flags
The subreddit is private.severity: warning
The subreddit (TenX) linked to this project is private.
How complete is this profile:
No missing data points
Market Cap Rank:
Bulls v Bears:
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