Pundi X (PRF)

Pundi X's vision is to harness the power of blockchain technology to facilitate financial inclusion, make digital currencies more accessible to the world's poorest and most vulnerable people, and further increase the value of the digital currency. We have strengthened partnerships with governments, payment companies, and retailers, and are deploying blockchain-based solutions to make our payment ecosystem more accessible to consumers and businesses around the world. Punda X has a payment ecosystem that includes NFC-enabled payment cards, mobile wallets, smart contracts, digital wallets and more.

The open platform supports the ability to freely apply and list the Pundi X Blockchain, a digital asset that can be customized to any of our payment systems, including XWallet, XPOS, and XPASS cards. Developers and distributors can now easily make their products and services available to consumers, distributors, developers and users alike. By applying our technology, our team can build products that accept NPXS tokens for goods and services.

The open platform will initially support the ERC20 code and will later be expanded to include digital assets from other blockchains. NPXS code is required to install an application in the Pundi XPOS App Store, and NPxS is the default token to handle in-app payment.

The Pundi X ecosystem is also home to the NEM blockchain on which the Pundy X utility token is built. The Puntier X ICO took place on June 30, 2017, bringing in $35 million. Of the $30 million, the team retained $15.75 million, the same amount went to early investors, with the rest going to marketing and development.

Pundi X collected $35 million and has a market capitalization of $215,913,108, and NPXS worth about $4 million are traded daily. The peak price of $0.015341 was reached on May 13, 2018, and Pundy X has raised more than $30 million through its ICO.

Of the $30 million, $1.75 million was distributed to early investors, and the team retained $15.7 million. The rest was held by Pundi X itself for further development and marketing.

2 percent of the tokens sold were earmarked for a bounty program to finance social media and online platforms, as well as for the development of Pundi X's mobile app.

Pundi X has created an incentive structure that encourages token holders to use their tokens by reserving the right to distribute them on a monthly basis to any token holder who keeps them in their own ERC-20 wallet. The chart below shows the number of NPXS tokens that will be released by December 2020 and will have a total of 1.5 million tokens in circulation by that date, or approximately 1% of the total token offering. Over time, the circulating supply will increase steadily as tokens are released to reward those who use them.

The following chart shows the top 20 wallets with NPXS tokens, 7% of which belong to the team and the stock exchange.

The mobile wallet is designed to make it easy for users to store their public and private keys and manage their cryptocurrency holdings. The app will allow users to buy utilities using cryptocurrency, sell digital currency for cash, top up Fiat money in their digital wallets and buy BTC, ETH and other cryptocurrencies with a cash card. This cryptocurrency payment card will be known as XPass and will allow users to pay for goods and services with a swipe of their finger.

Pundis point-of-sale terminal is known as XPOS and is designed to facilitate payments with cryptocurrencies. Users can pay by scanning a QR code - saving it or swiping their finger at the terminal. Powerful features are offered for managing digital assets, including the ability to add XPASS cards and accounts, manage their public and private keys, and make payments for digital assets using QR codes.

Once completed, Binance Chain developers will be able to list their BEP2 tokens on the Pundi X payment platform, which is used by XPOS vendors in over 25 countries. Following the successful launch of its first retail business in the United States, the company has announced a partnership with the leading provider of blockchain solutions and blockchain-based payment solutions provider BitPay to enable retail businesses to process transactions using cryptocurrencies. It was announced that the buyback will be financed by a Partnership Reserve Fund (PRF) to continue the company's growth following unexpected demand for the technology.

The Partnership Reserve Fund is structured in such a way that Pundi X can expand its global blockchain network while promoting and encouraging the development of new applications for the company's BEP2 token and the use of the platform without exhausting the supply of reserved tokens. DigiX recently announced a partnership with BitPay to promote a full-fledged payment system in the US, Europe, Asia and Latin America

Pundi X aims to reach as many users as possible and add tens of thousands of new nodes to the functionality to tell the story of the future of blockchain technology and its impact on the global economy. Punda X deploys the Xphone as a blockchain-based operating system in which connectivity and content are organized in a distributed manner, with a single point of sale point of sale (POS) device and a decentralized network of nodes, all in the form of an open source, decentralized open source platform for the development of smart contracts and blockchain applications for mobile phones and other mobile devices, as well as the creation of an intelligent contract ecosystem for the distribution of digital content and payment systems and as an alternative to traditional payment methods such as credit and debit cards. PuntiX NPXS has not only performed well in the first few months of its existence, but has also been a powerful coin since the market crash, where it has already been used in many of its blockchain-based vending machines, which could lead to mass adoption, particularly in China and India.