What is Pundi X (PUNDIX)? Project overview and PUNDIX token

• Pundi X . project overview
• What is Project Pundi X?
• Outstanding features of the Pundi X . project
• The outstanding products of the Pundi X . project
• Pundi X . project development team
• PUNDIX token overview
• What is PUNDIX token?
• What is PUNDIX token used for?
• PUNDIX Token Allocation
• Where to buy PUNDIX tokens?
• PUNDIX token storage wallet
• Should I invest in PUNDIX tokens?
• summary

In the last few months, Binance announced the conversion of the old Pundi X (also known as NPXS) to the new Pundi X (PUNDIX). This makes the project attract the attention of the public. So is this project worth the investment? Let's find out with TraderH4 through the information below!

Pundi X . project overview 

What is Project Pundi X? 

Pundi X is a project that aims to build an ecosystem in which hardware and software products are used. This supports and facilitates the payment process via blockchain technology at retail stores.

Pundi X's mission is to make cryptocurrency more accessible to the community. In order for this goal to become a reality, the project team has done it through the licensing of merchant shops that trade in cryptocurrencies. In addition, blockchain researchers and developers as well as token holders can also use cryptocurrency at any store in the world. 

Outstanding features of the Pundi X . project

Right from its debut in the cryptocurrency market, Pundi X has been a decentralized project. The unique point of the project is that it is aimed at simplifying the spending of cryptocurrencies. You can absolutely use it like a credit card. The developer hopes they can become a distributor of Ethereum-based smart devices at point-of-sale to hundreds and thousands of retailers. As a result, users can fully own goods and services in cryptocurrency with quick time. 

The outstanding products of the Pundi X . project

• XPOS machine: This is a device released by the project team. The most surprising thing is that all of Pundi X's revenue comes from here. The unique point is that you can completely use Visa, MasterCard or Apple Pay, Samsung Pay, E2Pay, Alipay... to buy cryptocurrency through XPOS machine.

• XPASS card: If you don't want to use Visa, MasterCard... to make payments via XPOS machine, you can completely refer to using XPASS card. This card will help you pay and then you will receive a discount code depending on the level of incentives offered by the store.
• XWallet Wallet: To make it more convenient for project participants to store their cryptocurrency, Pundi X has released an XWallet wallet. This wallet was created to support PUNDIX coin and a few other coins. 
• Function X: Is a new project developed by the Pundi X team and is a bridge between the traditional market and the decentralized market.
• XPhone: Licensed XPhone operates on a traditional protocol. It allows a decentralized ecosystem that can participate in the process of supporting phones as well as text and send data to users.

Pundi X . project development team

Pundi X is a project that promises to bring many changes in the future to the cryptocurrency market. Pundi X's development team is really a group of technologists as well as talented and highly specialized entrepreneurs.

• Co-Founder and CEO – Zac Cheah: Zac is a former president for the W3C of HTML5 Interest Group. Besides, he has 12 years of experience in the technology field in the browser and mobile game market. 
• President – ​​Constantin Papadimitrou: He was one of the first to establish hugely successful fintech companies and continue to scale them. Because of this, he is considered as the ideal person to lead the project management. 
• Co-Founder and CFO – Danny Lim: Danny is a famous financial expert. In addition, he has extensive experience in product design for Lenovo and Baidu brands.

PUNDIX token overview

What is PUNDIX token? 

PUNDIX is a main token of the Pundi X project. At the moment, this token is ranked 249th in terms of actual market capitalization. This is an encouraging figure for a newly born project that has quickly gained market share.

Some basic information about the PUNDIX token:

• Code: PUNDIX
• Platform: Ethereum
• Standard: ERC-20
• Token type: Utility token
• Total supply: 258,484,530 PUNDIX tokens

What is PUNDIX token used for?

• Used to pay for orders and services of stores through XPOS machines.
• When a project wants to be listed on the XPOS machine, it will have to own a specified amount of PUNDIX tokens.
• Stores can completely use PUNDIX to create advertising programs or promotional codes.

PUNDIX Token Allocation

Currently, with a supply of nearly 260 million PUNDIX tokens, the token allocation ratio is:

• 12.88% for the public sale round.
• 7.12% for the private sale round.
• 10% is held by the Pundi X development team.
• The remaining 70% is unlocked monthly for 3 years.

Where to buy PUNDIX tokens?

To become a PUNDIX token holder, you can try the following. Buy this token directly through exchanges that are listing PUNDIX tokens. Among them are reputable exchanges such as: Binance, Upbit, Huobi Global, HitBTC, OKX, KuCoin...

In addition, you can use Visa or MasterCard cards as mentioned above to buy PUNDIX tokens directly at stores. This is both quick and helps you receive many attractive incentives.

PUNDIX token storage wallet

When holding PUNDIX tokens, you will wonder where to store them, right? Currently, there are many ways to store PUNDIX tokens. Here are a few suggestions of TraderH4. Please refer to: 

• YFI storage wallet.
• Hardware wallets: Ledger and Trezor .
• Soft wallets: Exodus and Atomic.
• Exchange wallets: Binance, Huobi, Bittrex, KuCoin…
• Stored in the project's own XWallet.

Should I invest in PUNDIX tokens? 

Pundi X is currently a potential future platform. Thanks to owning PUNDIX token along with great policies, the project has been attracting the attention of the community.

However, the project encountered a major obstacle when it could not ensure that a large number of retailers would use their own POS equipment. In addition, the challenge of the project is related to the feasibility of applying it in real life. But with owning a talented and enthusiastic team along with the breakthrough of the project, hopefully the project will be a useful investment channel for you.

summary

So, TraderH4 has helped you answer the question What is Pundi X? Hopefully, the basic information about the Pundi X project and the potential token PUNDIX will give you new knowledge. Right from the market launch, the project has received expectations not only from the position of developers but also from the community. 

TraderH4 hopes that the information we provide above will help investors gain more knowledge and make the most accurate investment choices about the project. Also, look forward to the next articles of TraderH4! Good luck with your choices. Here are the social media pages of the Pundi X project:

Website | Facebook | Twitter | Telegram | LinkedIn | Reddit | Youtube | Instagram