TenX (PAY) is a brand new Crypto that aims to make cryptocurrency more mainstream. They are doing this by creating a debit card that is tied to a Crypto wallet. When you go to use your debit card, you select which currency you wish to draw from and the merchant is paid in his native currency.
The project sounds revolutionary to me, but as of yet, there has been no working product, just a concept. Over the last day, I've watched TenX shoot up in volume and price and wondered what was fueling the rise.
Well it looks like we are about to be one major step closer to a TenX debit card being a reality. About 8 hours ago, TenX announced that testing has worked and they are on track to launch the project in closed beta on Aug 14! This is fantastic news! Not just for early investors in TenX, but for the Crypto market as a whole.
Here's a screenshot of their official Twitter post.
Here's the TenX chart over the last day. It's plain to see that people are excited about this project.
If the closed beta goes well, we could see TenX move up dramatically. Definitely keep an eye on this one over the next few weeks!