April 10, 2019, 12:35PM EDT
• 3 min read

Skeptic’s lens: TenX is flirting with securities, again

Quick Take

  • After pulling out on distributing rewards to the token holders in 2017, TenX is now set to start issuing rewards in Q3
  • The amount will be determined by TenX Board of Directors “depending on financial performance in the previous quarter and other relevant factors”
  • Even though the reward token can’t be distributed to residents of the U.S. and China, it’s quite likely that it could be considered a security in other jurisdictions

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