Dear Pundians,

We stepped into November, just a few days after celebrating our seventh anniversary, reflecting on your long-term developments in the crypto industry. This month was marked by announcements of ground breaking developments, especially on AI alongside a series of technology development, events and community engagements. Let’s dive in!

Product Development

Migrating to the self-custody crypto payment solutions

As part of our commitment to innovation and decentralization, we are transitioning away from our custodial services. Starting November 1, 2024, Pundi X has ceased the operation of the custodial distributor and merchant accounts. We are also excited to introduce a decentralized solution that will allow XPOS merchants to manage their funds directly without Pundi X acting as a custodian.

If you are interested, you can join the wait list here.

Unveils the Hub for AI Data Assets

Pundi X Labs rebrands its Function X (FX) network to Pundi AI and launch the Pundi AI Data initiative. This strategic transformation marks a significant milestone in democratizing AI data and empowering individuals worldwide to participate in the burgeoning AI industry.

Pundi X Labs Unveils the Hub for AI Data Assets

Pundi AI Data platform

Pundi AI team is also developing adecentralized, transparent system designed to facilitate the contribution, labeling, and exchange of AI data It enables participants from around the world to contribute various types of data — such as text, images, and videos — to be tagged and labelled.

Here is an overview:

Partnerships and tech deployment

Pundi AI and Nubila Network Collaborate on ESG Data Tagging and Annotation

Pundi AI has partnered with Nubila Network, an innovative platform that collects real-time hyperlocal weather data through decentralized weather stations and leverages AI to provide accurate, actionable insights for weather-sensitive industries. This collaboration aims to bring Nubila Network’s valuable set of ESG data to Pundi AI Data platform.

https://twitter.com/nubilanetwork/status/1848517660604248332

p(x)Card Sold Out on Amazon Japan
The p(x)Cards on Amazon Japan sold out, indicating strong market demand for decentralized hardware wallets.

Community and Events

Online Lecture at Telkom University

Ecosystem Lead, Indra, delivered an insightful online lecture at Telkom University, discussing the diverse blockchain use cases across various industries.

Q3 Quarterly Progress and Roadmap Reveal

We also conducted Pundi X Q3 2024 AMA report outlining our recent achievements and unveiling the roadmap for Q4 2024. Catch up here:

Q3 2024 Progress Report

Proposal to enter the Korean market

A governance proposal has been submitted to work with Xangle to bring Pundi AI to Korea and passed!

SATSDay and Halloween Giveaways

Our usual SATSDay was held during Halloween and congratulate the winners who won the Bitcoin Sats.

Events and speaking in Japan, Hong Kong, Taiwan

2nd Tainan Web3 International Fair

Pundi X team discussed practical applications utilizing decentralized technology in the panels.

Warm-Up Event for Taiwan Blockchain Week

Check out the recap of the Warm-Up event in Taipei we co-sponsored preparing for the Taiwan Blockchain Week with a series of discussions and showcases.

Pundi X also spoke at the ID BUIDL event to talk about Key Challenges for Indonesian Web3 Builders in this Era.

Hong Kong Fintech Festival

We attended the Hong Kong Fintech Festival and connected with various projects and people.

OffChainTokyo Web3 Community Meetup

Together with Bitcoincom and Ivy Maker, we sponsored the OffChainTokyo event, featuring discussions TOKI project and showcasing XPOS.

XSpaces

Go-to-Market Strategies with Xangle

CEO and Co-Founder Zac Cheah engaged in a discussion on effective market entry strategies in Korea with Xangle, Korea’s largest Web3 platform. Listen to the discussion.

AI PitchFest

We organized XSpaces with Woo Innovation Hub to introduce the AI PitchFest and answer questions. Listen to the recording.

Pundi AI Roadmap

Organized X Space featuring Pundi X founder Zac Cheah and Commercial Law Associate Gabriela Alfaro, focusing on the upcoming Pundi AI Data platform. Listen here.

Media coverage

Tech Talks Daily Podcast

Co-CEO Peko Wan was interviewed by Tech Talk Daily and talked about the potential impact of AI on the future of crypto payments.

BlockDev Talk interviewed Ecosystem Lead Indra and talked about Pundi X.

Taiwan Blockchain Ecosystem Map

Pundi X was added to the Taiwan Blockchain Ecosystem Map for Q3 2024, highlighting our active involvement and impact within the local blockchain community.

Join the Pundi AI Discord

Pundi AI discord server is now live! Join us to share your suggestions, ask your questions, and chat with the community.

See you next month!