Among crypto traders in the country, tokennomy is one of the digital assets that is well known for its popularity in recent years. However, before discussing further about the price of Tokenomy (TEN), you need to know what Tokenomy is.
Focusing on working on the crypto market in the ASEAN or Southeast Asia region, in general Tokenomy is a licensed digital asset investment platform. This platform also offers a variety of crypto-based financial services, with spot and futures trading services available here.
Tokenomy is here as an effort to tokenize any product, be it for crowdfunding needs, loyalty points, donations, or all other needs. The main purpose of this platform is to make financial inclusion and provide access for anyone to be connected to alternative funding and global innovation networks.
As a cryptocurrency, the Tokenomy or TEN token is known to have officially launched on January 8-15 2018, through the Initial Coin Offering (ICO) scheme. In concept, Tokenomy is an abbreviation of two sets of words, namely Token and Economy. The two words describe the token design and the set of rules of the economic ecosystem.
The current supply of TEN alone stands at 200 million tokens, with a total market cap of $9,941,532. The token, which is based on ERC20 and built on the Ethereum Blockchain network, was initially marketed to the public as many as 110 million coins from the total existing supply.
The remaining 90 million TEN, then divided again with details of 11 million for affiliate commissions, while the rest will be kept for six months. TEN, which was created based on the ERC-20 token on the Ethereum blockchain with the utility token type, is known to have been distributed to investors since March 1, 2018. To purchase this token, you can use Ethereum and Bitcoin.
The first investment program available on this platform is Tokenomy Earn. As an easy step for crypto asset investment, on this crypto investment platform you can earn passive income. Of course, it is easy, low risk, and with low deposit and high interest.
Interestingly, here you can invest in crypto for the long term. This is because the interest that will be obtained reaches 12% per year. There are several types of Tokenomy Earn products that you can consider, namely fixed deposit, staking, and dual currency deposit (DCD).
For fixed deposits, there are various types of crypto assets and various tenors are also offered. Besides having competitive interest, this type of product is also free of charge. Meanwhile, on staking, you can get daily or weekly rewards. You don’t even have to worry about the complicated technical process behind staking.
Next up is the dural currency deposit or DCD, which is the crypto asset investment choice for those of you who want to receive returns in two asset options in order to maximize the benefits of the investment. For example, if you deposit BTC on the BTC/USDT pair, then when the price of BTC rises at maturity, you will later get the asset back along with the interest in USDT.
Other types of investment or programs offered by Tokenomy are the TEN Loyalty Program or the Tokenomy Loyalty Program. In fact, as a TEN user, the profits you will get on this platform are known to be greater than crypto investments on the previous platform or Tokenomy Earn. Only by locking tokens, you will be able to get more benefits later here.
To note, there are three levels of Loyalty offered by this platform, namely Bronze, Silver, and Gold—with different benefits at each level. For example, there is additional interest on Tokenomy Earn products and so on.
At Broze’s level, his entire account automatically starts from this level. However, here there is no minimum number of TEN that must be locked or locked. Even so, at least until now, there hadn’t been any privileges at this level.
The second level is Silver. The condition is that if you lock in 1,000 TEN or with a value above, you will get an additional 0.5% interest for fixed deposit products and 0.3% for staking products.
Furthermore, at the Gold level, if you lock in 500,000 TEN or more than that, you will get an additional 1% interest for fixed deposit products and 0.5% for staking products.
If you are interested in knowing how to buy Tokenomy (TEN) crypto assets, you can do so through Indodax. The guidelines are as follows:
1. For those of you who are not yet a member, you can click the following link
2. The next step, you have to make a deposit. If you are confused about how to deposit, you can find out here
3. After your deposit and balance are entered, you can return to the market or at this link
4. Next, look for TEN, then click it.
5. If you have logged in, you only need to buy by filling in your balance and at what price you want to buy TEN. In addition, you can buy it instantly or directly.
6. Then, you just have to patiently wait for the price to increase for some time.
7. After the price increases, you can sell at a higher price with the instant method.
8. If you sell with the limit method, you can place orders after buying. It’s also important to remember that you must enter a higher number when selling.
In addition, to monitor and find out the price of Tokenomy (TEN/IDR) on Indodax, you can see it at the following link.