what's ten protocol?
The TEN Protocol is a privacy-focused blockchain project designed to enable secure, encrypted applications such as prediction markets and gaming without compromising user data. It utilizes zero-knowledge proofs to facilitate private transactions and interactions, allowing participants to engage in high-stakes prediction games while maintaining confidentiality. The project's 'Raise the Stakes' program introduces wTENX, a wrapped liquid version of its native TEN token, which converts airdrop rewards into immediately usable assets for gameplay with potential multipliers up to 25,000x or for later redemption as mainnet tokens. Currently in testnet phase, TEN emphasizes community-driven rewards through airdrops and engagement activities to build ecosystem participation. Key features include seamless token liquidity, encrypted prediction mechanics, and innovative reward systems that transform passive airdrops into active, playable assets.
Ten protocol provides verifiable computation infrastructure for AI agents in the Sovereign Agent Stack.
Links
x.com/tenprotocolBacked by team members with R3 Corda experience who have built CBDCs for UAE and Sweden.
Users accuse the project of being a rug pull by the market maker, claiming Legion platform allows such activity with the same market maker involved in similar incidents with other projects like Almanak.
Ten protocol is listed as a verifiable computation infrastructure provider within the Sovereign Agent Stack framework, categorized alongside projects offering TEE-secured execution, ZK-proven computation, and confidential compute for AI agents.
$TEN crashes 80% within 15 minutes post-launch from community sale price of $0.08, with airdrop participants unable to sell before the drawdown and accusations of exit scam emerging from the community.
Token crashes -80% at launch from liquidity issues with current $3M market cap ($20M FDV), mainnet scheduled for January 2026, and the analysis is disclosed as sponsored content.
Token trades below ICO price post-launch, and allocation amounts reduced during claims process with $22 fees charged.
Project reports 500M+ testnet transactions processed, 160K+ wallets, 1M+ onchain bets, and Legion sale was 5.6x oversubscribed. Protocol ranks in Top 50 mindshare on Kaito with 4.5B+ impressions in recent months.
TGE executes on November 27th with token now live and trading on KuCoin, MEXC, and Gate. Project introduces P.U.M.P (Protected Unlock Mechanism) tokenomics where users stake stablecoins with downside protection for upside exposure and early exits trigger supply burns, creating deflationary pressure from launch.
Token Generation Event launches today at 22:00 JST, with token listing simultaneously on MEXC, Gate, and KuCoin exchanges.
Day-one TGE listings confirmed on GATE and KUCOIN exchanges alongside MEXC.
$TEN token lists on MEXC exchange with trading bonuses available for participants.
Airdrop registration closes on November 24. Snapshot was taken on November 20 at 13:00 UTC for wTENX holders and Cookie Season 2 participants.
Airdrop claim registration requires 40 PoH (Proof of Humanity) points as eligibility criterion for first season participants to receive $TEN rewards.
Airdrop registration opens and is now live as of November 21st.
60+ global banks trust the platform, marking substantial institutional adoption.
FUSE operates as Convertible Staking Token system where users stake stablecoins with guaranteed 1:1 redemption, exits trigger automatic token buyback and burn reducing circulating supply, and participation requires staking TEN tokens alongside stablecoins.
Token unlock system called FUSE ties all VC, team, and early backer unlocks to performance milestones rather than time-based vesting, with tokens remaining locked until objective network growth milestones are achieved.
The upcoming Token Generation Event achieved 5.6x oversubscription. The platform currently has 633k wallets, 500M+ testnet transactions, 1m onchain bets, and 11k+ contracts deployed.
Project achieves 500M+ testnet transactions across 633k active wallets, with Legion sale recording 5.6x oversubscription.
Ten Protocol confirmed as guest at a London event next Tuesday with participation from major exchanges, investment firms, and protocols including Kraken, Coinbase, Jump, GSR, and Ethereum Foundation.
On October 20th at 9AM ET, Ten Protocol participates in a Twitter Space co-hosted with ZKV Protocol and featuring RedactMoney to discuss composable privacy solutions, interoperability, and applications for DeFi, social platforms, and payments on Ethereum.
TEN launches 'Raise the Stakes' program where airdrop rewards convert to wTENX, a liquid token usable immediately in encrypted prediction games with up to 25,000x reward multipliers or redeemable for mainnet tokens later.
New $200k reward campaign launches with geographic distribution across Korea, Japan, China, and English-speaking regions for top snappers over 2 months.
Partnership collaboration brings ten protocol to Korea Blockchain Week and Token 2049 Singapore with exclusive activities and launch party events.
Cookie Campaign final snapshot occurs in 2 days, marking the deadline for participants to secure their positions in the reward distribution.
CEO Gavin Thomas speaks at a major privacy and DeFi event on September 8th alongside leaders from Fhenix, Secret Network, COTI and other prominent privacy protocols.
New reward campaign launches with $360K pool for top 1000 participants
Tokenomics revealed with 43.2% allocation to community initiatives and 38.2% reserve earmarked for grants and hackathons to drive ecosystem expansion.
Community investment round closes 567% oversubscribed, indicating strong investor demand.
TGE scheduled for August 20, 2025 with 30% unlock at launch and 3-month linear vesting.
Public sale launches with $3M hard cap.
First wave of TEE-native applications launches across DeFi, finance, entertainment, and AI verticals through Zero to $TEN cohort program.
Nozomi Network joins as full-stack advisor for incubated projects through Legion.cc partnership.
Community investment round opens with no lockups, full TGE unlock, and better valuation than private rounds.
Launch confirmed on Legion.cc with guaranteed allocation for top 150 Cookie Snappers.
Legion partnership enables community fundraising with favorable terms: 100% unlock, no cliff, $80M FDV.
Protocol implements user-centric sequencer fee distribution model, diverging from traditional L2 extraction approaches.
Protocol reveals TEEncryption feature to combat $1.5B MEV extraction problem through encrypted transactions and private order matching.
New $360K $TEN token distribution campaign now active
$90K in $TEN tokens available through new $COOKIE staking partnership and Multi-Airdrop Farming mechanism.
Testnet phase now live with $TEN token distribution through social tasks and weekly ZEN earning opportunities.
Airdrop distribution goes live, marking day zero of token distribution phase.
New airdrop checker tool now available for participants.
Active testnet participants eligible for airdrop until May 18; project secured $16.5M funding.
Layer 2 protocol launches first fully on-chain poker game with AI agents, leveraging TEE technology for encrypted gameplay on testnet.
Airdrop registration opens May 8-18, 20:00 UTC with 10-day registration window.
New security vulnerability discovered in TEE-based blockchain implementation.