TenX Partners With a New Card Issuer

Julian Hosp, co-founder of TenX, revealed that TenX has partnered with a new card issuer aiming to release one million new cards within 2018
30 January 2018   915

TenX is designed to connect blockchain assets to real world payment platforms with its app, the TenX card and the forthcoming banking licence.

Julian Hosp, the co-founder of TenX, has stated in his speech regarding TenX card situation on January 27, that TenX has a new partnership with a major card issuer. As for now, TenX company can not reveal the name of the card provider due to a non-disclosure agreement.

So what does this mean to us this year? It means that we actually have a very good relationship with a new card issuer. I can't tell you the name. We have a NDA [non-disclosure agreement] with them, so I am not allowed to announce the name, but we have a very good timeline with them, we have a very good relationship. I just met them in Europe, and we have regular meeting here in Singapore with them. They are a really large respected company. And the fantastic thing about this is that they really want to do it legit. They don't want to take any shortcuts. With Wave Crest it has always been a bit on the edge.

Julian Hosp

Co-founder, TenX

Moreover, the co-gounder of TenX stated that the company wants to leave a solid foundation, and with the new card issuer partner it is going to be possible. TenX has a timeline and plans to issue cards within the first quarter of 2018, focusing on Asia and, particularly, people who travel, as it is easy tp use cryptocurrency to, for example, avoid Forex fees.

In a partnership with a new card issuer, TenX aims to issue a million cards until the end of 2018.

At the moment of press, these are main market parameters of TenX token:

Average price: $2,43
Marketcap: $253 885 313
24h volume: $9 856 080

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   91

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.