Review on Tokenomy by Ayu Anggraini
Ten review
Ten tokens are an important part of Tokenomy infrastructure and have real uses Cases.
.. Tokenomy itself is a one stop solution platform on the crypto currency market including exchange, margin trading, Launchpad (ICO / IEO) and a platform for tokenisation.
Ten is an ERC-20 type token utility that uses Ethereum blockchain. Ten is a token utility for Tokenomy.
This time I will discuss the utility or real use cases for TEN tokens
1. TEN tokens are used as the main trading pair on the Tokenomy exchange platform.
2. TEN tokens are used by participants who took part in the ICO on the Tokenomy Launchpad for token purchases
3. As a trading discount for holder of Ten on indodax exchange and Tokenomy exchange
4. And is used to pay proposal fees for individuals, merchants, entrepreneurs who want to issue their own tokens at Tokenomy
5. Used to pay affiliates commission
6. Used for listing fee in Tokenomy
7. Used as a transaction tool on PlayGame, a blockchain-based platform game.
The price of ten in the first ICO ranges from 60.000-80.000 TEN per 1 BTC.
In ICO there are 110 million tokens sold, and in peak season after ICO, investors get a big profit because the price reaches 0.54 USD.
But one of the reasons why Tokenomy's price dropped sharply is because the reserved amount held by Tokenomy by 90 million was only locked for 6 months after the ICO, and then was sold to the market for marketing, affiliate, team and advisor fund, bounty etc ...
Ten itself has more volume on Indodax than on Tokenomy Exchange itself.
In my opinion Ten has the potential to become a profitable trading choice if there is an Announcement on the new ICO on the Tokenomy platform. because TEN will experience price increases along with the need for TEN tokens from participants who will join the ICO on the Tokenomy launchpad.
Pros
- It has real uses cases
- It is more distributed than other utility token
Cons
- Tokenomy platform need more liquidity and by reaching more audience i believe that TEN Will also getting more attention.
- Ten is not really popular compare to other exchange token
- Tokenomy team need to work on ten's utility as a main part of Tokenomy ecosystem
