A few hours TenX uploaded a new video with Julian talking about the TenX Pay token. Besides the well known and mentioned things, he explained the exact legal problems regarding especially europe and the united states.
Summary:
- TenX Pay will be used as a utility Token
- In order to get benefits they need to know who holds them (KYC)
- Getting new Pay Tokens by using the card
- Reduced fees and benefits by upcoming trading inside the TenX app
From my point i think this means, that there will be TenX Pay wallet inside the app and you have to transfer your allready buyed TenX Pay to this wallet. By doing so, they can clearly say who is holding Tokens and let them benefit. I really trust in TenX and hope they will achieve what they want.
What do you think about TenX?