- The starting price is pegged against the XLM/USD pair.
- There will only be 1,000,000,000 tokens in supply and we will never increase it.
- We will not burn any tokens as we believe in natural progression which reflects the tokens true value.
- Minimum of 10,000 are to be purchased and discounts apply to larger transaction volumes. The details can be found by registering on our token sale platform https://ido.terenx.com/register – Private sale is now finished and this is not in effect anymore.
- TERENX has been minted on the Stellar Blockchain.
TerenX is offering early investors a first and only IDO (Initial DEX Offering). We believe that this is mutually beneficial for us as an organization and for the investor.
All funds raised during the token sale period will be used as Digital Asset distribution according to the weightage defined in Asset Distribution. TerenX will not use any of the funds for Development, Marketing or Operations. 100% of the funds will be distributed according to the asset distribution.
TerenX will start allocating funds according to the distribution as outlined below from 01 March 2023.
We believe this is the best method to show to the investors that their finances are allocated to mutually grow with the rest of our fund. We will provide an up to date performance report on a bi weekly basis which is collaboratively checked with our Custodian and Compliance officer.
- 10% Operations & Management (10% will be separately invested in the Terenzia Wallet in order to distinguish the funds.)
- 1% Marketing
- 1% Regulatory & Compliance
- 1% Software Development
- 7% Terenzia Holdings
- 90% Asset Distribution (staked according to weight. See Asset Distribution).