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Category: NPXS


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.


[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.


An update on the Coinrail hack incident

Unfortunately it appears those involved with the recent Coinrail theft of NPXS have offloaded a portion on IDEX around 12:20 pm SGT (GMT+8) on June 25 and 4:50 am SGT (GMT+8) on June 26. Pundi X took immediate action to alert IDEX and Coinrail. However, these tokens had already changed hands in less than 20 minutes. This has prompted some questions from the community, which I will answer in this post.