As announced last week, there are several important upgrades are coming to the Tenset launchpad! The new and improved tier system is now officially live! Users can now subscribe to the launchpad by locking as little as 1,000 10SET tokens.

Previously there were only 2 options to participate in launches with Tenset:

• TPL - Lock 2,500 10SET (receive access to TPL projects)
• TGLP - Lock 5,000 10SET or buy TGLP NFT (access to TGLP + TPL projects)

However, it has long been requested by the community to introduce additional tiers, particularly one with a lower barrier of entry for new users. We are pleased to now deliver this and introduce an all-new tier system, with more options to join, and also stronger perks for existing subscribers and NFT holders.

Users can now join the launchpad by locking as little as 1,000 10SET tokens. The current hard cap for total subscriptions on the launchpad will not be increased with this upgrade. A maximum limit of 50 million 10SET tokens (equivalent to the previously communicated limit of 10,000 locks of 5,000 10SET) will not be exceeded. In fact, this limit will actually be reduced if a user burns their lock for a regular NFT. More information about Tier 4 will be coming in the near future.

As you can see from the full list, there are different perks and allocation sizes for each tier. All tiers come with access to every launch during their subscription, with the allocation weighting depending on which tier they choose. Notably, the claim-back policy is only available for Tier 2 and above (not Tier 1).

Additionally, the tradable vesting NFT (which was communicated earlier this week here https://www.tenset.io/en/news/tradable-launchpad-allocations) is only available to Tier 3 and above (5,000 10SET lock or NFT).

Tenset does not rest idle. Work continues to ensure that we remain the most technologically advanced platform in the entire crypto space. You can expect further news explaining some these upgrades.