Pundi X (NPXS) is a token based of the Ethereum framework. The main objective of Pundi X is to make the system of cryptocurrency as easy as using your regular debit/credit card.
The Pundi X cryptocurrency aims at achieving the monumental feat of making the process of buying cryptocurrency as convenient as possible by featuring a dedicated mobile wallet app.
Through the app, users can simply purchase or sell Pundi X using any other cryptocurrency or fiat currency. The app also allows users to trade between different kinds of cryptocurrencies.
An advanced Point of Service (POS) app is also available for retailers that provides an easy and convenient way of accepting Pundi X or any other kind of Cryptocurrency as a valid payment option for purchase.
The app itself and the Pundi X wallet are all developed and designed in order to ensure simplicity and seamless transactions between all the users connected to the network.
Pundi X is based in Jakarta, Indonesia and founded in September 2017. It was co-founded by Zac Cheah (the current CEO). Zac Cheah founded the Pundi X along with a group of computer scientists, legal experts and finance as well. Before co-founding Pundi X, He had vast experience in developing mobile games.
Pundi X currently operates and functions from all parts of the globe in order to make their vision a reality. The Pundi X ICO has been held only once during its operational lifetime, and it took place on January 21st, 2018.
The one-time ICO was, however, enough as it raised a total of $35 million. The total number of Pundi X tokens created came to a staggering number of 280.755 billion, and an approximate number of 88 billion Pundi X tokens were circulated.
When Pundi X was officially announced in the market for exchange, it capped over $300 million. This made Pundi X’s launch one of the successful coin launches for a cryptocurrency.
Pundi X is a type of Ethereum token, which means it belongs to the blockchain platform. This enables Pundi X to obtain all the security aspects of the blockchain technology.
All applications on the Pundi X platform are developed on the basis of obtaining the most convenient and the simplest user interface. Since the primary focus of Pundi X cryptocurrency is to make the transactions as simple and easy as possible, they focus on simplicity in every aspect.
The Pundi X has a dedicated hardware system called “XPOS.” This hardware acts like a normal Point of Sale (POS) processor or the more familiar and normal card swiper that we use every day. The only difference between Pundi X hardware and a normal Point of Sale (POS) is that the hardware is connected to the Pundi X network. This enables the quickest and the most convenient transaction process.
The Pundi X team aims to sell about 100,000 – 700,000 Pundi X tokens within its first three years of operation which of course will increase its community users.
The Pundi X team focuses heavily on the mobile platform rather than a PC or any other available platform. This is smart marketing and has proved beneficial for token’s success. The fact that the ratio of the number of people using a smartphone to that of PC heavily favors the former is a great marketing area and also the most beneficial between the two.
This has led to the development of several mobile applications to aid Pundi x users to make the transactions easier and more convenient. Some of the key features of Pundi X are:
Pundi X has a massive lead ahead of other types of cryptocurrency as they focus primarily on the mobile integrated applications. The process of buying or selling any kind of cryptocurrency is, as Pundi X may put it, "as simple as buying a bottle of water".
The wallets that support Pundi X tokens can even be conveniently used for selling and buying a variety of cryptocurrencies.
Pundi X wallet and exchange combo allow the users to easily store or exchange either Pundi x token or any other cryptocurrency. The wallet enables you to securely make any transactions whether it is selling or purchasing of cryptocurrencies.
This makes the whole process a simple and convenient method as analogous to swiping your normal debit/credit card.
The top-up system of the mobile platform is not new to anyone. The basic concept is: your balance gets low, you recharge in order to harness the benefits. The same way Pundi X wallet allows you to top up your wallet using fiat payments through your debit card or using NPXS.
The Point of Sale (POS) system of pundi x has been created in order to support marketing, order management, inventory management, loyalty programs, and retail intelligence. This whole system allows pundi x to establish a credit history for customers in order to facilitate less financial risk.
There are various exchanges available that enable you to purchase or convert your Pundi X (NPXS). Buying Pundi X usually involves a two-step process (Buy and Sell).
You have to first sign up and buy Bitcoin (BTC) and Ethereum (ETH) at Coinbase. You can buy either of them from any exchange that accepts payment from your banking cards (Debit or Credit).
After buying BTC and ETH, you can proceed to exchange them for a Pundi X token. You can convert them to pundi x using any of the exchanges below –
After conversion, you can store and spend your Pundi X tokens (NPXS) using any of the NPXS wallets listed below –
The present market price of NPXS is $0.00158 as of 28th October 2018. The market cap of the NPXS values at $18,604,136 and the total coin supply of NPXS in existence are around 125,709,999,413.
Source: Live Bitcoin News - 1 month ago
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Source: NEWSBTC - 3 months ago
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Source: NEWSBTC - 6 months ago
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