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Category: NPXS

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Pundi X INSIDER: A Year in Review

What an action-packed year this has been for us.

From concluding our public token sale in January; to launching plans to take blockchain to the next level; to appearing at events on six continents to spread the word about blockchain adoption; to shipping our XPOS to 25 countries around the world, it’s been a jam-packed year by any definition. And it’s been our pleasure to share it with you, members of the most active community in the blockchain space and who have been our partners every step of this year.

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Send cryptos to help Palu earthquake and tsunami victims

Dear Pundians and friends, You might be aware, a powerful tsunami hit the coast of Sulawesi island in Indonesia in the evening of 28 September 2018 with devastating effects, after a major 7.4-magnitude earthquake. Hundreds of lives are lost, and majority of the survivors are left without their homes, and access to electricity and clean water. As Indonesia races to aid […]

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Pundi X token swap concluded

Dear Pundians, As announced in mid March, 20th September 2018 is the last day of PXS / PXSXEM to NPXS / NPXSXEM swap. This means PXS and PXSXEM lose all their utilities after the swap deadline. PXS and PXSXEM Owners cannot swap their old tokens for the new ones. They will not be able to get monthly unlocked tokens, either. […]

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NPXS transactions in EtherDelta

Last night the person or persons behind the Coinrail heist in June, offloaded 2 billion NPXS tokens in less than three hours at EtherDelta on Wednesday night. (Again, it bears repeating, Pundi X was NOT, nor has it ever been hacked, but its tokens were among those unauthorized transactions from a Korea-based exchange three months ago.) Despite our immediately taking steps to de-list NPXS from all decentralized exchanges since June, in an attempt to frustrate any attempt by the Coinrail hacker to offload ill-gotten takings on an exchange where withdrawals could be frozen, last night’s events have occurred in spite of this. We’ve contacted ForkDelta three months ago about de-listing NPXS from its main site. But last night we were told it could […]

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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.

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[ANN] Monthly NPXS token deduction plan

In August, we start shipping our XPOS devices in a larger scale. It’s a new era of the Pundi X project, six months after the completion of our public token sale. You will begin seeing merchants and others using our XPOS in the launch markets listed. This also means the beginning of revenue generation from cryptocurrency transactions and a reduction in the total supply of NPXS as we have outlined in the blog post here.