The second-generation listed fund works to build a bridge between the crypto sector and the stock market – with a platform that gives everyone equal access to the world’s best investment products.
Tenset says they plan to open a new front with DeFi liquidity incentives, addressing past concerns such as market manipulation, high fees, inflation, complexity and exclusivity.
The aim of the project is to attract traditional investors to participate in the digital real estate industry. All of this is happening at a time of growing interest in cryptocurrencies from organizations like Tesla and MicroStrategy investing billions of dollars in bitcoin.
At the heart of the ecosystem is an aggressive deflationary mark known as 10set, which contains a basket of cryptocurrencies that generate passive income through effort. While some of these digital assets will be stable and well-established coins, innovative assets that may rock the crypto economy in the coming years will also be included. Community members will also participate in the chosen currencies – and in the future there is hope that AI will play a role in discovering the most promising projects.
The profits generated will be used to buy back 10 batches of tokens on the exchanges, which are then burned to create deflation. It is hoped that this will help create a deficit in the coming years.
Tenset also plans to improve its pool of passive income streams by manually eliminating stocks of well-known companies that pay high dividends and distribute income through the blockchain. According to the company, the technology and industrial companies that performed the best last year will perform essential functions. Assets will be rebalanced regularly and investors of 10 groups will play a major role in choosing future strategy.
The 10-group code has other distinct features that help it act as a shrinkage origin. Owners can place bets on their property without freezing or storing it in a private wallet. An automatic fee of 2% is charged for every transaction with 10 tokens installed. While half of the money raised from this commission is automatically burned to reduce the total trading volume, the other half is distributed to users to encourage teamwork. Uniswap liquidity pools and exchange bill wallets are blacklisted to receive these incentives so that traders get 100% of the income generated.
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An ambitious roadmap for next year has already been laid out: 10 groups that will be shown at Uniswap next month. The project will also attend Blockchain Week in Rome 2021 to increase awareness of the concept. New alliances and strategic partnerships will be unveiled in the second quarter of 2021 and an alpha version of the mobile app will be launched.
In the third quarter, 10 kits will be purchased and burned for the first time, and new features will appear on the Tenset network. The final version of the mobile app is also slated to be released. As the year approaches the end of the year, the app will begin to provide loans, make improvements to the company’s investment platform, and automate dividends in the stock market.