The Newsletter by Tokenize Xchange (Vol.157| Oct 2021)

Hillary
8 min readOct 6, 2021

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Tokenize Xchange x Amaze: 10.10 Exclusive Deal

It’s October, Tokenize Xchange’s birthday month! Time to celebrate and expect great gifts and events from us. To mark our 4th year of operation, Tokenize Xchange is now offering an exclusive promotion with Instarem, a neo financial service provider.

To enjoy the promotions, you can apply for your amaze card via the Instarem app.

Zero-fee Top-ups & 1% Cash Rebate

On 10.10.2021, the first 1,000 users who uses their amaze card to top up their Tokenize wallet will be able to get a 2.9% refund through TKX from Tokenize Xchange and an additional 1% cashback from amaze. Earn rewards on rewards!

***Update 10th Sept, 2021: To meet the high demands for the Tokenize Xchange x amaze promotion, we have decided to add extra 500 slots to be able to earn from this amazing deal. A total of 1,500 users will be eligible for the Rewards on Rewards promotion.

Sign-up for the amaze card instantly with your Singpass login and you can start linking your MasterCard credit/debit card. Refer to the sign up process to find out more.

Learn how to deposit on Tokenize Xchange with a credit/debit card HERE

Terms & Conditions

  1. 2.9% will be instantly refunded through TKX.
  2. 1% cashback is capped at SGD 250 for the first 1000 users, and it will be credited quarterly into your amaze wallet. Transactions done on 10.10 will be credited by Jan 2022.
  3. The event starts at 12AM 10.10.2021 and ends at 12AM 11.10.2021 SGT.

LEARN MORE ABOUT THE PROMOTION

Huge Merch and TKX Give-away with Tokenize

Join this event to stand a chance to win our high-quality merchandise and earn free coins to your wallet. For both Singapore residence and international users.

For Singapore Residence

How to Join

Step 1: Download the campaign giveaway photo HERE

Step 2: Upload it on your Facebook account in Public mode with a caption that says how Tokenize Xchange has helped you in your trading journey. Include the hashtags #TKXtothemoon & #happybirthdayTKX on your caption.

Step 3: Like the activation post HERE and Tokenize Xchange fanpage. Wait for the results.

Reward

We will choose out the posts with the most engagements: likes + reactions + comments + shares to grant the prizes.

  • 1st prize: 01 Secret Reward+ 01 Jacket + 01 Mask + Stickers + 5TKX (1 winner)
  • 2nd prizes: 01 Hoodie or Jacket + 01 Mask + Stickers (1 winner)
  • 3rd prizes: 01 Mask + stickers (3 winners)

For International Users

How to Join

Step 1: Like the activation post HERE and Tokenize Xchange official fanpage

Step 2: Comment and tag 3 friends

Step 3: Wait for the results

Reward

We will randomly choose out 4 winners to grant 4 TKX each.

READ THE TERMS AND CONDITIONS

Adjusted Platinum Membership and Xfers Top-up + Withdrawal Fee

From this October, Tokenize Xchange is happy to announce the applied fees for our Platinum Membership and Xfers will be adjusted as following:

  • Xfers Deposit and Withdrawal - now 0.3% from 0.55%
  • Platinum Membership Fee -160TKX, Staking 1440TKX

The adjusted fees will be in effect until further consideration. You can check for the updates right now on our website.

7 New Coins Added to the Market this 10.10

You heard that right, a total of 7 coins are going to be added to Tokenize Xchange’s Market this 10th October, 2021.

The list contains all of the upcoming coins that have been thoroughly reviewed and highly appreciated for their potentials. All 7 coins include:

  • Chiliz (CHZ)
  • Nano (NANO)
  • Elrond (EGLD)
  • Siacoin (SC)
  • Fantom (FTM)
  • Clover Finance (CLV)
  • THORChain (RUNE)

Learn more about each coin

1. Chiliz (CHZ)

Chiliz is a digital currency used in the world of sports and entertainment platforms, named under the abbreviation CHZ.

Specifically, it is a utility token in the Ethereum blockchain that is used as the official cryptocurrency of the Socios.com platform.

Given the current passive relationship in the world of sports between clubs and their fan bases, the creators of Chiliz decided to bring the parties closer. Chiliz was founded in Malta in 2012.

Chiliz’s goal is to give millions of sports and esports fans a coin to buy direct voting power in their favorite football clubs. In this way, fans cease to be mere passive spectators and become active participants of the club.

2. Nano (NANO)

Nano is a trustless cryptocurrency with low latency, and rather than being based on a blockchain it uses directed acyclic graph (DAG) technology and block-lattice architecture. This also allows each account to have its own blockchain, which is a very unique feature of Nano.

The consensus mechanism used by Nano is Delegated Proof-of-Stake (DPoS). One benefit to using DAG technology is unlimited scalability along with instantaneous transactions and no fees. The lack of resource intensive mining to secure the blockchain is what enables Nano to operate without fees.

3. Elrond (EGLD)

According to its whitepaper, Elrond is a blockchain that can attain high scalability with a lot of speed built particularly for the internet-scale. It uses sharding to attain high scalability. Elrond coin describes itself as an ecosystem for the new internet. This covers fintech, decentralized finance, and the Internet of Things. The whitepaper further describes that its smart contracts platform can achieve 15,000 transactions per second, six-second latency, and a $0.001 transaction cost.

The blockchain has a coin called as eGold or EGLD. The Elrond coin provides network fees, staking, and rewarding validators.

4. Siacoin (SC)

Siacoin is a decentralized blockchain-based cloud storage platform. Siacoin stores your data by splitting apart, encrypting and then distributing it across their decentralized network.

Siacoin has been able to dramatically reduce the overhead costs of cloud storage by allowing users to host or in a sense “rent out” their unused hard drive. For this reason, a lot of people have started calling Siacoin the “Airbnb of hard drives”.

They have set out to disrupt some big players in the industry such as Dropbox, Amazon A3, Google Drive and Onedrive by offering low-cost and decentralized storage solutions.

5. Fantom (FTM)

As per Fantom’s official website, Fantom is an advanced blockchain project that provides a platform to build customized decentralized applications (DAPPs) and non-fungible tokens (NFT). The Fantom Foundation aims to build infrastructure for a more democratic and efficient future while solving challenges faced by older blockchain projects like Bitcoin. Fantom aims to find solutions to increase the speed, security, and scalability of decentralised cryptocurrencies.

Fantom, like SOL which recently exploded, is termed as an Ethereum-killer and uses Direct Acyclic Graph (DAG) smart contract platform. Fantom has improved scalability and the transaction speeds can rise to more than 300k per second. FTM is powered by Lachesis powers the which is built on Ethereum’s blockchain. Owing to the fast and efficient platform, leading blockchain projects like Chainlink, Raviton, and Band Protocol have collaborated with it, causing the surge in price. FTM has been surging for over a month now.

6. Clover Finance (CLV)

Clover Finance is a blockchain infrastructure platform that’s focused on cross-chain compatibility for DeFi applications. The CLV token is used to pay for Clover transactions and to vote for network upgrades. Clover also aims to enable interoperability between Bitcoin and other blockchains.

7. THORChain (RUNE)

THORChain is a decentralised cross-chain liquidity protocol based on Tendermint & Cosmos-SDK and utilising Threshold Signature Schemes (TSS). It does not peg or wrap assets, it simply determines how to move them in response to user-actions.

THORChain observes incoming user deposits to vaults, executes business logic (swap, add/remove liquidity), and processes outbound transactions. THORChain is primarily a leaderless vault manager, ensuring that every stage of the process is byzantine-fault-tolerant.

THORChain’s key objective is to be resistant to centralisation and capture whilst facilitating cross-chain liquidity. THORChain only secures the assets in its vaults, and has economic guarantees that those assets are safe.

5 Reasons to Buy Tokenize Emblem (TKX)

There has been a trend in the crypto community that cryptocurrency exchange releases their own tokens, for example, Binance has BNB, and Tokenize Xchange is not an exception. Tokenize Emblem — the native token of Tokenize Xchange was built to provide traders with special perks in the form of discounts and earnings. In this article, Tokenize Xchange would show you 5 reasons to buy Tokenize Emblem (TKX). Is TKX a good investment? Let’s find out!

TKX price is $7.018 at the time this article is writing with its ATH reaching $8.22 on 7th Sept, 2021. As a strong token, Tokenize Emblem is such a worthy investment for Tokenize users for 5 reasons below.

CONTINUE READING

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