20h left to participate in Community Round x TG Read-Only
Community Round Closing Soon
Only 20 hours left to submit your application for Community Round participation.
Apply here: https://legion.cc/ten?takeover=nozomi&onboarding=fast
Important Notes:
• Everyone can still complete KYC and request allocation
• Our sale is oversubscribed - not all applicants will receive an allocation
• The token is NOT live yet - beware of scams
This Telegram channel is now READ-ONLY due to security concerns. All future discussions and updates will take place on our Discord server.
See you on Discord: https://discord.gg/tenprotocol
Community Round Closed
Absolutely incredible @everyone. You guys smashed it.
Final Numbers:
• 567% oversubscribed
• $5.6M+ in allocation requests
• Unreal community response
What's Next:
• Our team is now reviewing ALL applications over the next few days
• If you applied, keep checking your emails (AND spam folders!)
• IMPORTANT: If accepted, you have 48 hours to deposit funds once you get the email.
Increased allocation
Due to the huge number of requests for increased allocation: we CANNOT do this. If your allocation has been approved, you cannot change it. Please be sympathetic to this, as we strive for a fair distribution and carefully select future owners. If you do not have time to deposit within the allotted 48 hours after confirmation, your allocation will be canceled and this will be irreversible.
Don't Miss Your Allocation:
Check your emails religiously. We don't want anyone losing their spot because they missed the notification. This response proves what we've been saying - when you build infrastructure that actually belongs to the community, people show up.
Thank you to everyone who applied. This is just the beginning.
https://x.com/tenprotocol/status/1955261604079243764
Apologies, we've neglected TG. Hopefully most of you are on our Discord or following our X - if not, there's two big things you need to know:
- TEN is launching FUSE - a new token issuance platform with a novel approach to tokenomics. The community is being put first, and we've built the platform to make it happen. We've made it impossible for the community to be dumped on - https://x.com/tenprotocol/status/1991176565607252360?s=20
- TGE is coming soon.... very soon (check out our X)
Hey everyone,
Last week brings major progress on both the community and technical fronts.
Community Update
The TEN community took a significant step forward this week: the first proposal and vote. Being the first ever governance proposal for TEN, the scope and number of eligible voters was intentionally limited. However, the importance of the proposal was not: whether or not the corrective token allocation made available to the Nozomi Legion community sale participants is issued using FUSE (an innovative token launchpad and issuance platform). The vote concluded in favour of using FUSE, 62.67% vs 37.33%.
Of the eligible voters, 33% turned up to vote. Top projects typically see only 2% to 5% turnout for community voting so this is a strong start. Long may this level of community engagement continue.
With voting concluded, what's next? In preparation for scheduling the first FUSE auction, the audit report will be published for independent validation. There will be new how-to videos, guides, press articles and docs to help buyers and sellers understand what they need to do, the pros, the cons and the risks. And more importantly, why they should get involved. And then it's go time!
Mainnet Update
✅ TEN mainnet release candidate feature complete
✅ Functionality testing passed
✅ Performance testing passed
⚙️ Load testing in progress
⚙️ "Chaos Monkey" testing in progress
📅 Deployment to Ethereum Sepolia scheduled for next week
With the TEN mainnet release candidate functionally ready, "chaos monkey" testing starts. The intention here is to randomly shutdown components, disconnect things and generally pull things apart to test how the code and infrastructure gracefully recover, or not. Load testing is being ramped up over the weekend with more and more concurrent clients interacting and pushing the TEN network to its limits.
Right now, this puts TEN in good shape for the January launch as per the roadmap. The usual disclaimer applies that writing software is an art n