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What is Tenset (10SET)?
Tenset basic info
What is Tenset (10SET)?
Tenset is a hub of cutting-edge technology that focuses on blockchain. Their goal is to support and empower startups with innovative tools, while also connecting them with a global community and top-notch marketing through their renowned launchpad, Tenset Gem Launch Platform. This launchpad is highly respected in the crypto space and has already launched many successful projects, including Metahero and Everdome.
How does Tenset (10SET) Work?
Tenset provides users with the opportunity to gain exposure to a variety of assets by simply holding 10SET tokens, thanks to the ETF 2.0 portfolio. The core function of the Tenset project is buybacks, whereby profits generated by the portfolio are used to purchase 10SET tokens, which are then burned for deflation. This cryptocurrency burning process involves sending a fraction of tokens to a wallet with no private key, resulting in the tokens being lost forever. Tokens are usually burned to decrease availability and increase market value.
Furthermore, Tenset offers a launchpad platform called the Gem Launch Platform, which aims to showcase promising crypto projects and features an airdrop pool. A rigorous vetting process is conducted to ensure the quality and future potential of selected projects.
The Tenset Gem Launch Platform provides a lucrative opportunity for 10set holders to participate and invest in projects with high potential during the presale.
Tenset Infinity Airdrop is a utility introduced to the 10SET token. Loyal Tenset holders who lock their 10SET tokens for 6 to 24 months can earn passive income through daily airdrops from all of the different crypto projects participating in the Infinity Pool, including 10set.
Tenset has also developed a mobile app for iOS and Android with a comprehensive wallet supported by the Ethereum network. The app includes features such as 10SET network statistics and notifications for staking rewards and company-related news.
What makes Tenset (10SET) Unique?
Tenset ensures genuine deflation by actively burning a considerable number of tokens of 10SET to foster long-term value and incentivize loyal holders. A transaction tax of 4% is implemented, with 2% immediately burned and the remaining 2% allocated to sustainable rewards for stakers.
What is the 10SET Token?
10SET is a valuable deflationary asset built on the BNB chain. As the native currency for all Tenset services, this utility token fuels the diverse Tenset ecosystem, including the Tenset launchpad, Infinity Airdrop platform, NFT Marketplace, gaming hub, and many more. To take part in launches, users must acquire 10SET tokens and lock them from their private wallet.
10SET supply and tokenomics
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What is the development prospect and future value of 10SET?
The market value of 10SET currently stands at $35.20M, and its market ranking is #658. The value of 10SET is not widely recognized by the market. When the bull market comes, the market value of 10SET may have great growth potential.
As a new type of currency with innovative technology and unique use cases, 10SET has broad market potential and significant room for development. The distinctiveness and appeal of 10SET may attract the interest of specific groups, thereby driving up its market value.