Preface As mentioned in the previous RFC article, Pundi X rewards is being reviewed to facilitate, enhance and accelerate the growth of the Pundi X network and to function as the block reward token of the upcoming Pundi X Chain powered by Function X. We believe this will tremendously benefit $PUNDIX and $NPXSXEM token holders. Pundi X Chain Pundi X Chain […]
Preface As mentioned in the 2021 Q1 AMA, we are introducing a transaction mining program that will be implemented along with the launch of the Pundi X blockchain in 2021 Q2/Q3. The purpose of this transaction mining event is to enhance, activate and expand the XPOS network, XWallet usage, XPASS utility and Pundi X on-chain transactions. This is a new […]
This is a Request for Comment article for a Reward Token for $PUNDIX and $NPXSXEM. For further ongoing discussion, go to Proposal for a Pundi X Reward Token. Summary of Pundi X Reward Token: Reward token claimable by $PUNDIX token holders. This token incentivizes XPOS usage, expands Pundi X Chain’s ecosystem, and increases $PUNDIX value. Reward token exists in BEP20 & […]
The Monetary Authority of Singapore (“MAS”) requires a legal opinion on each of the tokens (excluding Bitcoin, Ethereum) listed on XPOS, XWallet and XPASS Card (“our Platform”). Because we have applied to be licensed by the MAS, the written legal opinion has to be based on Singapore law. And the MAS has specified that legal opinion needs to provide an […]
NPXS token reduction is to reduce the total supply of NPXS, both the total supply and circulating supply. There is no change in the value of the new total tokens a user hold after token reduction compared to the total value of the old tokens. NPXS token economy model remains unchanged. It is deflationary and token removal will be taken […]
The token removal for Q2 2019 is completed. We took out approximately 34 billion tokens (5 billion NPXS and 29 billion NPXSXEM tokens) from the total supply. The amount of the removal in this quarter is relatively high because we have included the amount of NPXS and NPXSXEM converted to FX tokens in May.
We are pleased to announce that Virtual Rehab has signed up for Open Platform, which integrates the Virtual Rehab token or VRH into our global payment ecosystem.
We are excited to announced that XEM, the native currency of NEM blockchain operated by non-profit organization NEM Foundation, will be available on Pundi X payment platform from July 1, 2019. The team is also in the progress of integrating Mosaic token support on its Open Platform.
Introduced on May 1, the Pundi X Open Platform enables custom ERC20 digital token listing within the XPOS, XWallet and XPASS, is now available ahead of schedule! Companies, blockchain developers and merchants can begin signing up for an Open Platform account to list their ERC20 tokens and customized XPASS cards. The option to create customized XPASS cards will be available to all successful custom token listers.
We are pleased to announce the Pundi X Open Platform which will enable developers and companies to list their custom ERC20 digital tokens within the XPOS, XWallet and XPASS. This platform will also allow the creation of customized XPASS card within our payment ecosystem.
[ANN] Accelerated unlock and changes to the release times of monthly NPXS and NPXSXEM unlocked tokens
To better comply with ever-changing regulatory requirements, our legal team has advised the company to release the remaining unlocked tokens, starting from April 1, 2019, and to complete the program early by the end of June, 2019.
Is 2019 going to be a bear year or a bull year for cryptocurrencies? I’ll leave the prognostication up to the crystal ball gazers. But what I can say with certainty is that 2019 is going to be a year of more aggressive regulatory development governing crypto and increased scrutiny of crypto-related businesses.
Dear Pundians, Mass adoption of blockchain-based technology in retail payments has always been the vision of the Pundi X project. We’ve been steadily building to deliver the vision over the past year. Today we have an ecosystem comprising our XPOS devices, XPASS cards and our new mobile app, the XWallet. Since last August, thousands of XPOS have been shipped to more […]
Pundi X token gets listed on Upbit, one of the largest cryptocurrency exchange platforms in Korea.
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. […]
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 […]