Introduction (Crypto)
Crypto or crypto currency
is the digital form of currency. Crypto currency uses cryptography to secure
the transactions. Crypto currency is a digital or virtual way of payments that
does not depend on the banks for the verification of transactions. It uses
peer-to-peer system. With this system its users can send and receive payments
online. Bitcoin is the first crypto coin but now there are many other crypto
coins.
Examples of Crypto currency:
Some of the famous crypto
currencies are as under:
- Bitcoin
- Ethereum
- Litecoin
- Ripple
TenUp nation
TenUp coin:
TenUp coin is a Pakistani
masternode based POS coin that is a kind of crypto currency. It is initiated by
the Pakistani crypto expert Waqar Zaka in collaboration with NED university of
engineering and technology Pakistan. Some of the Ph.Ds. are also involved in this
project.
TenUp smart:
TenUp smart believe that
every individual has his/her unique skills and based on those skills if he/she
know to use them and where to use them, they can be very successful. Individuals
have creative mindsets and to provide a push to those ideas TenUp come up with
a unique, complete, and out of the box solution. The project is a blockchain
based venture capitalist platform. Its purpose is to connect the ideas in the
investors who are willing to put their trust in more feasible proposals and
providing the trust and transparency that lacks due to the distance.
TenUp nation is powered
by the community and its purpose is to help entrepreneurs for their project by
giving them funds. With the help of disruptive power of blockchain technology
TenUp will achieve its goals. TenUp will fulfill the need and demand of the important
and neglected individuals.
TenUp is also planning to
launch a customized platform for its users. These platforms include peer to
peer exchange and first shariah compliance exchange of the world. The step will
be very beneficial for the economy of Pakistan and will give the good output in
future.
How will it work?
Depending on the quantity
of coins an individual has he/she can mine. To change the dynamics of
traditional market, the doors have been opened by the blockchain technology.
The PoS system makes 51% attack more costly. The PoS systems are decentralized
systems. These systems must work hard to build communities around their coins. Individuals
can pursue their passions also they can get support and funds for their
startups with the help of TenUp.
Features of TenUp:
TenUp is an innovative
and decentralized platform that include following basic features:
- Funding for venture
- Leading Mentors access
- Integrated decentralized exchange
- Target driven program
- Continuous innovation and improvement program
- Fast transactions
- Reliable transactions
- Business tools
- Community support
- Multilingual wallet
TenUp Exchanges:
TenUp is listed on the
following exchanges:
- OKEX
- UNISWAP
- STEX
- STAKECUBE
For now, TenUp is listed
on these exchanges, but it is expected that with the passage of time TenUp will
be listed on more exchanges.
Coin Campaign:
- 10% is for the telegram campaign
- 15% is for the twitter campaign
- 25% is for the signature campaign
- 10% is for the article and video content campaign
- 15% is for the facebook campaign
- 5% is for the Instagram campaign
- 5% is for the super bounty campaign
- 15% is for the translation campaign
Team Share:
- 2% is for the bounty and overhead
- 53% is for the branding and marketing
- 4% is for the legal and financial overhead
- 12% is for the IT infrastructure
- 29% is for the gift code inventory
Upcoming projects of
TenUp
SWAP:
A system where users will
be able to convert their old TenUp coin into new TenUp ERC20 token.
TenUp DApp:
An app where users can access
TenUp web wallet. Users can participate in presale. They can convert their old
TenUp coins to newly TenUp ERC20 and participate in different projects.
Cricket NFT marketplace:
TenUp team is also
planning to launch the world’s first cricket NFT marketplace.
Conclusion:
TenUp is a very good step
by Waqar Zaka and his team. These kinds of things help the nation to progress,
motivate investors to invest in their country, and motivate intellectuals to
come up with their innovate ideas.
References:
https://www.kaspersky.com/resource-center/definitions/what-is-cryptocurrency
Wah nice soooo informative
ردحذفTenup will be very beneficial for Pakistan..
ردحذفGreat effort
ردحذفGreat job
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