November Zealy Sprint Complete!
Time flies! It has been 2 years since Tenset was presented to the world! Tenset made its first steps into the market when the 10SET token launched publicly on UniSwap March 31, 2021. In an incredibly turbulent crypto market that has seen countless hacks, scams, bankruptcies and bad actors, Tenset has not only survived this challenging bear market, but continues to work tirelessly to expand the ecosystem and add new dimensions and utilities to our arsenal!
Lets look back in time and highlight some of the major milestones and progress that has been achieved these past months:
2022 was named the year of buybacks. We placed a major emphasis on reducing the token supply and managed to burn a massive 17.25 million 10SET tokens throughout the year! That represents an average of over 49,000 10set tokens being burned PER DAY in 2022, which means 8.66% of the total supply was wiped out in just 1 year!
In addition to this, the Tenset team tokens have not been used in more than 500 days! In fact, last month the team agreed to burn 2 million of them! Tenset is fully independent and does not need to sell tokens on the market like most other crypto projects. Instead we prefer to buy them back!
You can read more about our buybacks on the dedicated website page: https://www.tenset.io/en/buybacks, as well as a short breakdown of 2022’s key burn stats below:
What does the future hold?
We are sure this is one of the top questions on each Tensetter’s mind. We prefer to speak with actions instead of words and always deliver news or announcements when they are ready. We are currently fully focused on the upcoming Alaska Gold Rush launch, but there are of course more gems in the pipeline that you will no doubt hear about in the near future. The 10SET token supply will continue to be heavily burned using our various deflationary measures. The goal for the coming year is to break the previous all time high of tokens burned! Tenset will continue its expansion into the blockchain development/security space as we look to solidify ourselves as industry leaders. The team of experts will grow to expand our tech capabilities here.
Tenset’s ultimate vision remains the same since day 1: break the zero-sum rule and reward all loyal supporters and community who stick with us. We are confident we will achieve this goal with our powerful deflationary system and long-term, sustainable mindset for decision-making. Every action the team makes keeps this goal in mind to strengthen and support the 10SET token and community.
We want to share a massive thank you to all of the passionate Tensetters who remain with us! We know the importance of having a strong community and appreciate the continued efforts to support our project on social media, interact in community groups and share the wisdom about Tenset! Your passion never goes unnoticed by the team. Stick around and enjoy the fruits of the tireless building the team does every day behind the scenes.
November Zealy Sprint Complete!
Seventh community Zealy burn!
Tenset Discord Hangout November #3
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