It’s time again to prepare to receive our monthly unlocked tokens. Entitlement to token ownership is tied to each token holder.
As previously announced, we are able to take a total of 500,001,139 NPXS out from the total supply in August.
Taipei will host the world’s first major music festival to run on blockchain technology as more than 30,000 revelers at next month’s Ultra Taiwan 2018 pay for goods and services in Ultra Coin on Pundi X technology.
The result of the voting survey serves an important indicator that the proposed new NPXS monthly unlocked token mechanism is the preferred way to define and distribute our monthly unlocked tokens going forward.
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.
We are restructuring, re-coding and re-engineering a new way to support the blockchain ecosystem.
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.
Pundi X will list on OKCoin Korea. Starting from 16:00 KST (GMT+9) on July 27, NPXS will be available to trade on OKCoin Korea. The deposit starts at 00:00 KST (GMT+9) on July 27.
It’s time again to prepare to receive our monthly unlocked tokens. Entitlement to token ownership is tied to each token holder, regardless of where they first obtained NPXS or PXS tokens.
As you know late last month we began shipping over 500 of our XPOS devices to select locations around the world for pilot testing. Today we reveal the first locations to install our XPOS and begin allowing customers to make purchases with XPASS cards in a series of top restaurants in Hong Kong.
In keeping with our commitment to transparency, we’d like to explain our revenue model and impact on NPXS with regard to transactions that run on the XPOS.
Thank you for your participation in OKEX community building event. The event has now closed. The qualified participants will receive an e-mail notification before July 20, 2018. 1,000 NPXS and 1,000 NPXSXEM will be distributed to their wallet addresses, as promised, by the end of July.
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.
Attention, Pundians. It’s the time to prepare to get ready to receive the monthly unlocked tokens.
Starting from 15:00 SGT (UTC/GMT+8) on June 28, NPXS will be available on Bit-z for trading. The deposit starts at 15:00 SGT (UTC/GMT+8) on June 27.
To facilitate a request from Binance to halt the minting function of our smart contract, we have decided to generate all possible future NPXS tokens before bring the ERC-20’s minting function to a close.