PundiX Ama Recap | Crypto Universe

Introduction:- 

My name is Eduard Stere and I am one of the community managers working at Pundi X Labs. My main role for the company is to manage communications channels. I am responsible for developing a comprehensive community engagement strategy and managing relationships with institutional partners and developers, organizing feedback and responding to questions.

Segment 1 Q/A with Project Team

Q.1 Could you please tell us what PundiX and what problem does Pundi X solve?

Answer:- 

Eduard:

We, Pundi X, are fintech company based in Singapore. Our goal is to help retail businesses accommodate to new payment solutions such as crypto currencies through our payment ecosystem. You can buy, sell and spend crypto currencies such as Bitcoin, Ethereum, DAI, the list goes on, and it’ll grow with time.

Pundi X payment ecosystem consists of Point-of-sale smart devices. We call it XPOS. Plus, XPASS card (NFC enabled multi-currency payment card) and XWallet (mobile wallet app). With this, we are empowering merchants to be able to transact cryptocurrencies instantly, including accept crypto as payment and help customers to acquire cryptocurrency. As our goal is to support multiple public chains for its payment services, we also support Binance Chain since we have BNB one of the first four default supporting tokens on our platform.

Q.2) What is the vision/main roadmap of PundiX in the coming years?

Answer:- 

Eduard:

The big picture is adoption and customer awareness therefore we are committed to supporting our merchants, launching new loyalty programs and bringing the XPOS to as many countries we can.

We are also planning to integrate our XPOS software to more Android-based MPOS devices similar to how we’ve done with the Verifone X990 and Ingenico APOS A8, two of the leading brands in the POS solutions.

As a small tip, we’ve launched a new product in our XWallet called Crypto zoo, which enables you to earn cryptocurrencies and mitigate risks that come with holding them. Below this, you will see a video about Crypto Zoo.

Q.3) Why do you think PundiX Coin is necessary for your project ? What is the main role of NPXS in your Project ?

Answer:- Eduard:

The Pundi X Token (NPXS)'s goal is to enable digital currencies to be more accessible to people across the borders and further increase the utility of digital currencies.

One of our token's utilities is that a tiny part of the total supply is removed with each transaction that goes through our point of sales (XPOS).

Segment 2 :- Telegram Q/A 

Q.1 Can you expand our knowledge about $npxs Roadmap this year and the future and any Updates on your Research and development progress?

Answer:- 

Sure Eva, here is an article with all of the targeted milestones in Q4 2020 to Q2 2021. Our focus remains on actual deployment and enabling all the transaction to be on-chain. 

https://medium.com/pundix/pundi-x-roadmap-q4-2020-q2-2021-8af8ce6a1552?fbclid=IwAR31am_KHSAKaOvU1t5OSaNNPhoRh-1d1JQDhrh1tzboTXcswn8yv5mMric

Q.2 

XPOS is available in more than 30 countries, is this way the XPASS card can be used as a payment method in all of these countries? And is the XPASS card also available for these countries? How do I make an XPASS Card?

Answer:-  

Yes, that's correct. XPASS card can be used on any XPOS device and can also be paired with the XWallet app. You can order XPASS card from our official shop: https://shop.pundix.com/xpass

Q.3 

What is the team's orientation and development plan for 2020 in the Defi region, why do you think Defi, this immature term, has a future? What results do you expect to achieve?

Answer:-  

We believe in Defi, actually we've launched our blockchain's test-net V2 where we empower developers to launch decentralized applications (DApps) with very little code edit to convert a normal application to DApp.

We support DApps development on Android Studio, so you may use Golang, Java, JavaScript or HTML5.

Q.4

What is the biggest achievement of you so far, and what is the next prior target currently?

Answer:-  

We are expanding XPOS into existing leading POS manufacturers, such as VeriFone, Ingenico and PAX.

Here is an Ingenico video discussing why they would like to collaborate with us:

https://youtu.be/5vYb0wIQZfI

Q.5 

Which Marketplace or online store currently accepts $NPXS as a tool for payment?

Answer:- 

Locations of featured XPOS merchants can be found here https://www.google.com/maps/d/u/0/viewer?mid=1LRgwhieU2xz-5E7kjAcqzMunt_u1p6jA&ll=-23.53664227676552%2C-46.67416734999999&z=17. 

Only merchants who give their permission are listed on the map, therefore we periodically update it. Since all XPOS's include $NPXS, it can be spent there.

Q.5 

When Function X launches the Mainnet, what happens to the NPXS token?

Answer:-  

When our Function X blockchain's main-net will be launched, NPXS(ERC-20) can be swapped to NPXS(FX) at the 1:1 ratio.

Q.6

PUNDIX and LIMES. recently had collaboration. Is this a form of partnership? And what had been the advantages of getting featured with LIMES.?

Answer:-  

Pundi X will be deploying its XPOS, XPASS and XWallet technologies to make multiple virtual currency transactions available to all the residents in the new smart city developed by Limestone Network. 

You can read more about it here: https://medium.com/pundix/pundi-x-technology-to-energize-the-commerce-of-smart-city-in-cambodia-de0bcd08c7bd

Limestone Network - Pundi X

Q.7 

I follow @PundiX ever since I heard it and I know you are doing many AMA's in different groups in Telegram. So how did AMA helps your platform and what is the positive effects? What is the good result that it brings to you?

@eduardstal

Answer:-  

Well, as mentioned earlier, customer awareness is one of the top priorities here at Pundi X. We believe Ask me anything sessions are helping us educate more people about blockchain and our project while minimizing the risk of live meet-ups during the pandemic.

Q.8

As You know, Many people judge a Project By the Token price, What do you have to Say to investors? What's the plan to increase the Token Demand?

Answer: 

Being committed to our roadmap is what I believe to be one way to increase token demand.

Q.9 Crypto Zoo please what it is?

Answer:- 

Sure! CryptoZoo is a DApp available on the XWallet and it offers a smarter way to grow digital assets. Crypto Zoo comes with two features, BULL & BEAR.  

Bull and Bear in the Crypto Zoo DApp are conceptually similar to options products: they are designed to hedge future fluctuations in today’s value. In short, it functions like an insurance product that provides a price floor to protect the initial principal while opening a position to take advantage of the expected direction of the market.

Crypto BULL — for those who want to buy Altcoins in the highly volatile market, but are concerned about buying it high and losing their principal.

Crypto BEAR — for those who want to sell Altcoins in the highly volatile market, but are concerned about selling low.

You can also earn up to 20% of transaction fee discount and 25% of fee rebate when you successfully refer your friends to login Crypto Zoo DApp with your referral code.

You can read more about Crypto ZOO at https://medium.com/pundix/insights-on-crypto-bull-crypto-bear-7ec2579d5d28.

Feel free to give it a try on the XWallet after our session. All you need to do is click "+" and add Crypto Zoo.

Q.10 How you increase NPXS utility?

Answer:-  

NPXS is an ERC20 token based on Ethereum network and is used to be the gas to fuel all crypto transactions in Pundi X payment platform, XPOS and XWallet. An example is Crypto Zoo DApp where a user can lock NPXS to get more discount on transactions fees and earn bigger rebate. There will be more and more DApp introduced inside XWallet to generate more NPXS utilization.

Q.11 How important is community to the PundiX? and What can we do as a community to help PundiX achieve its vision??

Answer:-  

Definitely. Community support is very important. That's why we always listen to our community, gathering feedback and suggestions. Therefore, any feedback/suggestion is welcomed.

Thanks @eduardstal for taking your time out for AMA! Amazing session. We wish you and PundiX Team all the best for upcoming events and roadmap✌️