TenX ICO (2017): Sale History, Figure & Outcome
TenX conducted a token sale in 2017 for its cryptocurrency payments card project. The Ethereum-based PAY token sale aimed to fund a debit card that could spend crypto holdings.
| Token | TenX (PAY) |
|---|---|
| Sale year | 2017 |
| Category | crypto payments card |
| Chain | Ethereum |
| Documented figure | $80,000,000 |
| Outcome | inactive |
| Data tier | 1 — hand-verified |
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What the record shows
The sale raised USD 80 million worth of cryptocurrency, equivalent to 245,832 ETH at the time. TenX's card programs faced repeated shutdowns due to failures with card issuers, leading to the eventual discontinuation of the product. The project became inactive after these operational challenges.
Era context: ico mania (2017–2018)
The 2017-2018 ICO Mania period saw token sales reach unprecedented scale, with many projects selling out rapidly. This era produced some of the largest crypto fundraising events before widespread project failures and legal scrutiny reshaped the market landscape.
This sale is one of the 234 entries in our ICO Mania (2017–2018) era archive, part of the complete history of crypto presales — a sourced dataset where every figure links to the page that shows it.
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More from this era
- Tezos (2017)
- The Divi Project (2017)
- TokenCard (2017)
- Tomahawk Exploration (2017)
- TRON (2017)
- USI-Tech (2017)
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Sources
- https://en.wikipedia.org/wiki/List_of_highest-funded_crowdfunding_projects
- https://www.cryptoninjas.net/2017/06/28/tenx-raises-roughly-80-million-cryptocurrency-payment-system-everyday-life/
- https://www.ccn.com/80-million-ico-tenx-founder-linked-to-pyramid-scheme-report/
This page is historical research built from a sourced dataset — not a recommendation to buy anything. Token sales are high-risk. Money figures appear only where the cited source shows one. Corrections with sources: support@bmic.ai.