Pundi X (NPXS) Wins Binance 7th Community Coin of the Month
— Binance (@binance) June 20, 2018
Binance’s Community Coin of the Month’ session just concluded and the drumroll winner goes to ….. NPXS … Pundi X The Pundi X (NPXS Token) will get a free listing on the Binance Exchange, the world’s most popular and used trading platform for alt coins. The placement will take place on June 21, 2018 and start with a NPXS/BTC and NPXS/ETH base to trade with. Users can begin depositing NPXS coins now to start trading Pundi X on Thursday 2AM UTC.
What is Pundi X?
Pundi X works aims at finding ways of making real-time and efficient use of cryptocurrencies. Their motto has always been, “as easy as getting bottled water”, and their attempts will only revolve around that. According to their vision, the goal is to increase user adoption by attracting billions of users within the years to come.
What Solutions are Provided through Pundi X?
To bring cryptocurrencies closer to consumers and to traditional systems, Pundi X plans on eventually offering the following three products:
The Pundi XPOS is designed as an Interac machine, and will support payments ranging from Alipay, Bitcoin Wallet and traditional mobile wallets. It is supposedly as simple as installing the device in one’s store and allowing users to make payments. It will accept Bitcoin (BTC), Ethereum (ETH), NEM (XEM), QTUM, and Achain (ACT).
Advertisers can also benefit from this protocol, as it provides one with ad space. In addition to its payment processes, the device also has orders, inventory management and order embedded within. As for an actual transaction, users will see the total in their local currency, a QR code must be scanned, and a receipt will come out to confirm the transaction. In order to use this device, consumers will need the “Main Card”, which contains the private key information.
XPOS Handy and XPOS Desk
Both the XPOS Handy and Desk work similarly, but their physical appearances are different. The XPOS Handy looks like a handheld device, which will support the additional VISA and Mastercard, Apple Pay and Samsung Pay. The XPOS desk is a bigger device, which contains everything except mobile network. These two products are still under development.
Here are some of the features that the XPOS supports:
- Crypto and traditional Mobile Wallet
- Pass card, QR Code, NFC
- NPXS Rewards, Advertising, App Distribution
- Buying and Selling of Cryptos
How many members make up the Pundi X team?
The Pundi X team makes operates on a global scale with several offices established in Jakarta, London, Taipei, Shenzhen and Singapore. Based on an April 2018 reporting, their offices amount to 40 staff members, who are all working in unison to make a difference within the crypto world.
As for the management behind Pundi X, there are four individuals including Zac Cheah, CEO and Co-Founder, Pitt Huang, CTO/ COO, Constantin Papadimitriou, President, and Danny Lim, CFO. Their combined experience is what will help Pundi X succeed, as all four members have heightened experience in technology, business, blockchain, and product design to name the least.
What can be said about the Pundi X Growth?
The Pundi X token, originally PXS, is now NPXS, which is a change that happened during its ongoing swap. Within a span of four months, the NPXS token has grown an astonishing 1200%, with its ath of USD$0.014. What makes this project worth following is the fact that they have not experienced drastic dips and appears to continue its upward growth. The dips could possibly be a result of early exits, as its percentage growth was impressive.
The Pundi X team is currently in the works of establishing partnerships with crypto exchanges, wallets and businesses looking to include crypto as a mean of payment. As for their most recent accomplishment, the team helped Coinrail exchange by looking into their recent breach and is now in the process of completing its swap.
Lastly, the Pundi XPOS device is said to be open for purchase shortly. However, when exactly is still unclear.
For more information, go to: https://pundix.com/