The Risks of the TenX ICO Token

• The TenX token has no real value and no immediate use case in its project.

• The fact that the token pays benefits is irrelevant as the main risk involved is price fluctuation. It seems like the TenX team strapped this on at the end to entice investors.

• Buying the TenX token does not give you a legal share or stake in the company. They are attempting to raise huge funds without having to give up any legal equity.

• The maths.
  Crowd Sale 200,000 eth = $68,400,000
  Total Market Cap Available = $136,800,000

  Money back if total annual spending volume through TenX
  wallet is $1.2 billion.
  0.5% = 6m all tokens
  0.25 = 3m pa crowd sale

  3m / 200,000 = $15

Get $15 annually per ETH
Cash back per year = %4.4

• Conclusion
  The very low maximum return of 4.4% does not outweigh the risk involved in an early ICO like this.
  ICO rating 33/100. (High Risk)