Dear Pundians, Happy New Year! The year of the Tiger is about taking big chances and going on new adventures. We are very excited and enthusiastic about the progress of Pundi X. To start the year right, we launched the Pundi X Mission WAGMI NFTs, giving away almost 32 million $PURSE to reward the community. Other giveaway campaigns have concluded […]
Happy New Year! The year of the Tiger is about taking big chances and going on new adventures. We are very excited and enthusiastic about the progress of Pundi X.
To start the year right, we launched the Pundi X Mission WAGMI NFTs, giving away almost 32 million $PURSE to reward the community. Other giveaway campaigns have concluded as well this month, handing out prizes to over 300 winners.
On the development side, we upgraded our XPOS to support USDT onchain transactions by using Binance Smart Chain (BSC). This solves the high gas fees when transferring using Ethereum blockchain, continue to help growing our global market by reducing the costs for the merchants when adopting blockchain transactions.
Without further ado, let’s jump into the details of our activities this January.
XPOS Upgrade for USDT low-cost onchain transactions
Based on merchants’ requests, we’ve added support for USDT onchain crypto sales & payment. XPOS merchants can now selling USDT and depositing it to customers’ BSC compatible private wallets. The XPOS merchants can also accept USDT payment from any BSC compatible private wallets.
In addition, when XPOS merchants need to make onchain USDT deposit to their crypto sales account, they can send USDT BEP20 and DAI BEP20 to their accounts.
Read the guides in accepting and selling USDT BEP20:
With more and more countries are setting out the guidelines of crypto transactions and AML policy, we are following up the standards in different countries. XPOS developers added the mechanism to manage different transaction volume limits by country/region for compliance requirements.
$PURSE holders can store their tokens in a decentralized wallet that is compatible with BSC (ex. Trust Wallet, Math Wallet, Metamask…etc) or Pundi X Chain [ex. f(x)Wallet].
Binance completed $PURSE distribution for $PUNDIX holders
We’d like to shout out to Binance for the support of airdropping $PURSE to eligible $PUNDIX holders during 21st June to 13th October 2021. Binance users can confirm the receipt of these tokens via the Distribution page in the User Center.
In the f(x)Wallet beta version, $PURSE token holders can mint Mission WAGMI NFTs. These are the first NFTs issued by Pundi X. It’s BEP-721 assets on Binance Smart Chain and came on a first-come, first-served basis. Holders can check their WAGMI NFTs not only in f(x)Wallet but also in Metamask wallet by simply enter the contract address “0x63f40c848bbfdb41b22d5911efe9fa4df9f11233” and the ID number of your Mission WAGMI NFT to view it.
Being a $PURSE holder can always enjoy many opportunities to accumulate more tokens. One of them is participating in the liquidity program. The holders can staking their LP via Pancake Swap on pursetoken.com. The new supply of $PURSE token generated per block will be distributed to all LP stakers on the website. The total reward allocation for this program is 1 billion $PURSE!
The liquidity mining is still on and the APR is currently over 400%. Here are the tutorials.
2022 token removal for $PUNDIX is also planned while the removal of $PURSE is now automatically executed onchain.
EVENTS AND ACTIVITIES
PundiX AMA Q4 2021 Progress Report
Pundi X CEO and Co-founder Zac Cheah hosted the Q4 2021 Progress Report Live AMA together with Function X President and Pundi X Chief Legal Officer David Ben Kay, Chief Ecosystem Officer Peko Wan, and Digital and Social Media Marketing Manager Jeremy Herbst on January 7, 2022 10:00 AM.
The AMA’s agenda are Pundi X Chain Launch, XPOS development, Launched Pundi X Rewards program $PURSE, 4th anniversary celebration, questions from the community, Function X progress, and upcoming events in 2022.
Watch the AMA here:
Pundi X CEO is featured as one of the Top 10 Most Active Crypto CEOs by e27 Our CEO Zac Cheah has been featured in e27, one of the largest tech media platform in Asia, as part of the Top 10 most active crypto CEOs in 2021.
We Pundians experienced first-hand how hands-on Zac Cheah was in informing us about the developments and in elevating Pundi X to a higher level.
On 14th January, 2022, 11:00 (UTC), I participated the panel at BTS Crypto Night Live 2 organized by BTS LABS an Asian blockchain market service provider where they discussed Web3, NFTS, and DAO.
$PURSE Token Giveaway
On January 14, 2022, the $5,000 USD worth of $PURSE giveaway. 10 lucky winners were chosen and the rewards can be used to mint. The participants just followed the Purse twitter page, liked and retweeted the content, and tagged three verified NFT projects. The steps are simple and continue to tune in to our official social media accounts for upcoming events.
Check out the list of winners:
Review4Good and PUNDIX4Good Meme Campaign concluded
On January 21, 2022, both Review4Good and PUNDIX4Good Meme campaigns officially ended as part of our 4th year celebration. The winners were announced on January 25, 2022, and rewards were distributed on January 28, 2022.
40 winners received 25,000 $PURSE for participating in the Review4Good event. There are also 40 winners of 25,000 $PURSE, 3 winners of Pundi X T-shirts, and 3 winners of minted Blindbox NFT for taking part in the PUNDIXGood Meme Campaign.
To view the memes, you can check their profiles on this link.
New podcast episode: Behind the Counter The latest episode of Behind the Counter is “Fireside Chats with the founders: 4 years with Pundi X and forward” aired on January 28, 2022. The podcast covered the following topics: Pundi X in its 4 years, a bit of history on how Pundi X was first created, forming the Pundi X team, the birth of Function X, the journey so far, and what is ahead of the journey.
We started strong in the first month of this year and we are greeting everyone a Happy Lunar New Year! Our year will be filled with prosperity, success, and happiness ready to be shared with people we care about.
There are tons of activities to be excited about in the coming months and let us keep our progress flowing as we approach another month in the 2022 calendar.
Keep safe, check on your health, and be safe. See you again in our next recap!