Dear Pundians, Pundi X Chain is now live this month and we are exhilarated that we have again accomplished our milestones that we set, reaching a certain point of our development that evolved our products and services into becoming a dedicated payment blockchain ecosystem through consistent collaborative effort and constant updates. The road ahead to build De-Fi services will be […]
Pundi X Chain is now live this month and we are exhilarated that we have again accomplished our milestones that we set, reaching a certain point of our development that evolved our products and services into becoming a dedicated payment blockchain ecosystem through consistent collaborative effort and constant updates. The road ahead to build De-Fi services will be exciting for all of us.
Hop in as we walk through our activities this October.
Pundi X Chain went LIVE
On 13th Oct, 2021, Pundi X Chain went live with 20–25 company hosted validators to secure the network as a start. Transaction records of Pundi X Chain are recorded on explorer.functionx.io.
Pundi X Chain Launch Log
Before taking Pundi X Chain mainnet live, the developers have
- Activated PUNDIX token ERC-20 and Function X full cross-chain functionality
- Set up inter-blockchain communication between f(x)Core and Pundi X Chain.
- Set up of Pundi X Chain initial validators
- Upgraded f(x)Wallet app
- Added Pundi X Chain module, supporting Pundi X coin delegation, un-delegation, and reward transfer.
- Added f(x) Explorer’s support for Pundi X Chain transactions
- Submitted the Binance Smart Chain (BSC) cross-chain proposal for f(x)Core governance voting so that Pundi X Chain can link up with BSC. The proposal is passed on 22nd Oct 2021.
- Activated of genesis block and successfully launched Pundi X Chain
After the Pundi X mainnet launch, we have
- Activated PURSE token BEP20 and Function X full cross-chain functionality
- Prepared for the NPXSXEM migration and reward claim for PUNDIX holders during 21 June to 13 Oct 2021.
You can read more information about the stages of Pundi X mainnet launch here at https://medium.com/pundix/hello-world-pundi-x-chain-is-live-2b9000edfe6d
$PUNDIX holders have the option to delegate and receive $PURSE (loyalty and reward token) through block validation on the Pundi X Chain. The $PUNDIX delegators can also receive $PUNDIX from a percentage of the network transaction fees.
Become a Pundi X Chain delegator by following the step-by-step guide here.
As of today, over 28 million $PUNDIX (10% of PUNDIX total supply) are delegated to secure Pundi X Chain.
$PURSE on Binance Smart Chain
On October 26, 2021, $PURSE is available for cross-chain transfer from Pundi X Chain to Binance Smart Chain.
Quarterly Token Removal
The Q3 2021 token removal was completed on October 16, 2021. 7,014.901 $PUNDIX and 6,120,221.78 $NPXSXEM tokens were taken from the total supplies. The total supply of PUNDIX is now 258,477,515 and the total supply of NPXSXEM is 44,748,244,753.68. Here is the execution announcement: https://medium.com/pundix/q3-2021-token-removal-report-8de15a9c53c8
Q4 Token removal will be executed in the second week of January 2022.
XPOS on DX8000
We have successfully tested crypto sale and payment transactions on Ingenico DX8000. The device has a powerful processor, long-lasting batteries, and fast integrated printers. It also supports all payment methods. One more option for merchants to adopt XPOS.
XPOS MERCHANT ADOPTION
New XPOS merchants in Japan
Pundi X Japan welcomes a private room dining restaurant to the XPOS family. Our newest XPOS merchant offers meat sushi and cheese fondue to its customers.
Check out the restaurant website here肉寿司×チーズフォンデュ お洒落個室ダイニング borracho（ボラッチョ）新宿東口店新宿東口の居酒屋、ボラッチョ borracho…borracho.owst.jp
And another XPOS merchant from Japan.
XPOS merchant featured in News
Aroma Cigars Etc Lounge was featured in WCCB Charlotte’s CW using crypto payment for cigars, lighters, wines, and other products. Congratulations for media coverage!
Read the article here:You Can Buy Cigars With Cryptocurrency At One Charlotte Business – WCCB Charlotte’s CWCHARLOTTE, NC. – It seems innovation comes naturally to Nasiyr Bey. The owner of Aroma Cigar Lounge on Monroe Road is…www.wccbcharlotte.com
EVENTS AND ACTIVITIES
Q3 2021 progress report AMA
On October 8, 2021 10:00 AM, the Q3 2021 progress report and Pundi X Chain Launch AMA went live hosted by CEO and Co-founder Zach Cheah. Here’s what went down as discussion points:
- Pundi X Chain Launch
- XPOS Development
- Adoption and top 10 countries
- Events and Community
- Q4 outlook
Other participants of the AMA live were Co-Founder & CFO Danny Lim, Function X President and Pundi X Chief Legal Officer David Ben Kay, Chief Ecosystem Officer Peko Wan, and Community Manager Jeremy Herbst and Marcus LeBlanc.
If you missed the live, visit this link below. Don’t forget to like the video and subscribe to our Youtube channel.
For the recap of the Q3 2021 Progress Report visit: https://blog.pundix.com/2021/10/11/q3-2021-progress-report/
Participate in Global Encryption Day
Strong encryption is a critical technology that helps keep people, their information, and communications private and secure. Pundi X is one of the first 140 companies who signed the Encryption Day Statement supporting encryption to protect your private information.
Join Tree Million project led by Binance Charity
We’ve also participated in Tree Million project led by Binance Charity to combating climate change. We will plant the trees in Brazil which the country won the votes from community.
Swapzone’s Halloween series
Swapzone is a crypto exchange aggregator that helps users to find and swap PUNDIX at the best rates. Thank you for supporting and featuring PUNDIX on Swapzone’s platform.
#PundiX4Good celebration campaign
In October we continue the celebration of Pundi X 4th anniversary. For more details: https://medium.com/pundix/more-pundix4good-celebration-activities-revealed-6367974dde8d
On October 3, 2021 the transaction mining event was concluded. The DAI reward was distributed on October 8, 2021.
From October 1, 2021 to October 31, 2021 we’ve held the #PundiX4Good video campaign. Winners were announced on November 2, 2021 and the prizes were distributed on November 9, 2021. You can check out the winners’ videos at: https://medium.com/pundix/pundix4good-video-campaign-winner-announcement-57c10b62769a.
Name the Pundi X Chain Validator Event Reward Distribution
Award distribution for the 10 lucky winners were completed on October 27, 2021. Congratulations to all!
Pundi X official Discord Channel and TikTok account
To increase the user engagement from different channels, we’ve set up Pundi X Discord Channel and TikTok accounts. Here are the links to join:
We are going steady with the timeline while hitting our goals ahead of schedule. Our 4th Anniversary Celebration hasn’t concluded yet and we encourage you to participate in all the events.
It’s almost the winter season in some countries. Better keep yourselves warm just as we hope for your warm wishes for our tech development and community growth. See you again next month!