Team 2

Monthly report: a recap of activities in August

In August, I think we can make this boast without contradiction. We launched plans for a new mainnet and businessline; a new continental headquarters in South America and two immediate and major distribution partnerships in Colombia and Brazil one week later; we also moved into a new major blockchain hub via a partnership in the Gulf and Middle East; and we we overhauled our monthly token unlock mechanism in ways that will benefit longterm NPXS holders.

Nem

A closer look at NPXSXEM token supply

Dear NEMbers, When we launched the NPXSXEM project with raising 17 million US dollars of funding from public and private placement, we committed to the progressive issuing of a total supply of approximately 106 billion* NPXSXEM after the unlock schedule is completed in December 2020. Due to a limitation in the NEM blockchain that prevents the issuance of smart contracts larger […]

Partnership 1

1,000 XPOS coming to Brazil

Hundreds of Pundi X POS devices will be coming to venues across Brazil after we struck a partnership with the country’s leading OTC service provider, BitCapital. The partnership, formed a little over a week since the formation of Pundi X’s South American headquarters in Brazil, is a natural fit for both of us. BitCapital is one of the largest OTC dealers […]

Nem

FAQ: NPXSXEM and NEM XPOS

We’ve recently received a lot of questions about NPXSXEM as it gets more and more popular among the holders. In fact, it’s not a new token but exists alongside NPXS, our token based on ERC20 since the beginning of the Pundi X project. It’s for the utilization on NEM XPOS devices. To help you understand more about this token and our project on NEM blockchain, here are the answers to the frequently asked questions.

Token

VOTE for the future release of the monthly unlocked tokens

You’ve asked and we’ve listened. Many of our NPXS holders have suggested a change to the current methodology of releasing monthly unlocked tokens. The suggestions for improvement lean towards favoring long-term holders, including taking several random snapshots or distributing unlocked tokens according to the length people have held Pundi X tokens.