The PAY Token is intended to function as a utility token and an integral part of the TenX ecosystem. The proposed functions would enable holders to:
(a) accept, hold or transfer the PAY Token with the TenX Wallet (as a virtual currency supported by the TenX Wallet); and
(b) use the PAY Token for fee payment for certain uses of TenX services.
In addition, the PAY Token is also intended to be the form of rewards for holders of the TENX Token.