Pundi X is the project that wants to make spending crypto as easy as a credit card. Creators of the NPXS token hope that it will one day be used on their Ethereum-based Point-of-Sale devices. This approach could give basic banking services to underdeveloped regions like Latin America and Indonesia. One of the most notorious pain points in crypto is the ability to actually make purchases. Pundi X cryptocurrency plans to change all that by distributing hundreds to thousands of point-of-sale smart devices to retailers so they can accept payment in the form of NPXS, the network’s proprietary crypto token. If it can distribute the devices for free and with lower transaction fees than current card and mobile payment solutions provide, it’s a grand-slam idea.
Pundi X raised $35 million during its ICO from September 2017 through January 21, 2018. 35,000,000,000 NPXS (at the time known as PXS) were sold during the ICO presale and crowd sale. The team retained 15,750,000 and another 1,750,000,000 was distributed to early investors and the rest was held by Pundi X for further development and marketing. It also set aside 2 percent of sold tokens to fund bounty programs across social media and online platforms.
The Pundi X team are a talented group of technologists and entrepreneurs, which seems to be exactly what this project will need for success. In general the management team is comprised of computer engineers turned serial entrepreneur. The glaring exception to this is CEO and founder Zac Cheah, who was formerly an HTML games developer, but perhaps this is why he surrounded himself with such a strong team. The President of Pundi X, Constantin Papadimitrou, has a long history of founding successful fintech companies, and scaling them, which makes him an ideal fit for a project that will need rapid growth and adoption. The CTO/COO Pitt Huang created and sold his first business by the age of 25 and went on to create and sell several more business, including one that had over 200 employees.
The company is working on developing a card, which they are naming the XPASS card, which will work together with the mobile app and wallet, enabling payments and deposits by card (a familiar medium for most) that are pulled from the mobile wallet. In addition, users should be able to see the current market price of each cryptocurrency before paying for goods and services, allowing them to pay with the cryptocurrency that brings the best value at the time. This ability to pay for things easily with cryptocurrencies is what will finally give them real value in a widespread sense.
Pundi X has taken on an impressive and ambitious task in tackling what could amount to everyday adoption of cryptocurrencies by the masses, if their vision is realized. The technology seems appropriate for what they’re attempting, and the delivery of the first 500 POS devices shows that there is substance behind their efforts."
Where is Pundi X [OLD] available for purchase?
You can exchange NPXS tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Pundi X [OLD] is Uniswap V4 (Ethereum), notably the NPXS/ETH pair, which saw a trading volume of $ 227.16 in the past day. Additionally, Uniswap V2 (Ethereum) and BitBNS are popular alternatives for trading tokens.
What is the highest value Pundi X [OLD] (NPXS) has ever reached?
Pundi X [OLD] (NPXS) reached its peak price at 0.01446 $ on 14 May 2018, approximately 7 years ago ago. Presently, the current price is -99.77% lower than this all-time high.
What is the historical minimum price for Pundi X [OLD] (NPXS)?
The minimum price reached for Pundi X [OLD] (NPXS) was 0.00002354 $, documented on 14 December 2023, more than 2 years ago. In comparison, the current price is 35.21%, it above this historical low.
What is the fully diluted valuation of Pundi X [OLD] (NPXS)?
The fully diluted valuation (FDV) of Pundi X [OLD] (NPXS) stands at $ 8,89 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of NPXS tokens. The realization of this FDV might take several years depending on the emission schedule of NPXS tokens.
How to add Pundi X [OLD] (NPXS) to MetaMask?
By integrating Pundi X [OLD] (NPXS) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import NPXS as a token. You can either manually import NPXS by copying its contract address (0xa15c7ebe1f07caf6bff097d8a589fb8ac49ae5b3) or use MetaMask's Chrome extension to add NPXS with a single click through P.CASH.
How to add Pundi X [OLD] (NPXS) to TrustWallet?
Incorporating Pundi X [OLD] (NPXS) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include NPXS, you can either manually import it using the contract address (0xa15c7ebe1f07caf6bff097d8a589fb8ac49ae5b3) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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