This article was first published on Official TenX Blog - Medium
Hey community, please see below for a summary of Julians Q&A last week regarding the Transparency Report:
What is the reason for the Q2 Transparency Report?
It’s now been exactly 1 year since our ICO. At TenX we wanted to show you what has happened within the last year from when we were just 8 people. Today we have about 80 employees. How much money we have now, what it looks like with us, what we are working on — that’s exactly what the Q2 Transparency Report is about.
It is not our goal to publish a transparency report every quarter; rather, such a report should always be published at important points in time. The main reason for this is that we think long-term and don’t want to lose anything in the long term just to achieve something in the short term.
What we have deliberately refrained from in the report are forward-looking statements — e.g. When is the card coming? When and how will the token be structured? When will the banking license be issued? Not many of these actions rely solely on TenX, which is why it is difficult to make exact statements for this.
What are the 4 big goals we are currently pursuing at TenX? (4 OKRs — Objectives, Key Results and Initiatives)
- Get the card out — as quickly as possible.
- Developing creative solutions if and how one can add additional benefits to the PAY token.
- Restructuring of the TenX Group. Above all from a regulatory perspective, so that the TenX Group can be managed as such. This is initially so important because we have investors who own shares in the company. Currently, they do not yet have the correct shares. Furthermore, we would like to offer our employees an option to acquire company shares, this is not possible without a successful restructuring. ...
To keep reading, please go to the original article at:
Official TenX Blog - Medium