we have capitalized on two Stages...
we initially Bought Coins at this Stage:
we Added 100% more at this Stage and sold 25% at the 3 TP:
Fundamentals:
Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain.
The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world's first point-of-sale solution. Following a successful ICO, Pundi X has successfully launched retailed focused services including XPOS, XWallet and XPASS as well as the world's first blockchain phone called BOB.
The company, which has its headquarters in Singapore, has shipped its XPOS solution and devices to over 25 markets including the United States, Spain, Argentina, Korea, Australia, Colombia, Spain and Taiwan.
The goal of the Pundi X project is to make cryptocurrency available to everyone. While other similar projects attempt to outperform the banking system, Pundi X looks to simplify transforming retail businesses to make this happen.
Pundi X has created a blockchain payment ecosystem with the XPOS, XPASS and the virtual XWallet. The XPOS is the world's first blockchain-powered wireless point-of-sale (POS) for cryptocurrencies.
Using the XPOS, retail merchants, as well as consumers, can easily buy, sell and transact using digital assets in physical stores. The product is designed to accept every cryptocurrency. Popular digital assets like Bitcoin (BTC), Ethereum (ETH) and Pundi X (NPXS) are listed within the ecosystem.
The XWallet mobile app is the bridge between the regular digital asset wallets and the Pundi X payment ecosystem. Users can use the XWallet to easily manage their digital assets, make transfers, check balances, and top-up the supported cryptos in the XWallet. The virtual XPASS card is issued to every registered XWallet user.
In June 2019, Pundi X launched the Open Platform to support more blockchains. Since then, DeFi developers and projects have registered and uploaded their ERC20 tokens to the Pundi X ecosystem, increasing its use.
The Pundi X project was founded in 2017 by Zac Cheah and Pitt Huang. The pair met in an HTML5 Interest Group in 2012, and the single idea that created the startup was a way of making cryptocurrencies a part of the daily lives of everybody.
Zac Cheah currently serves as the CEO of Pundi X. Prior to his role at Pundi X, Zac was formerly the W3C Chair of the HTML5 Interest Group. Zac, a skilled programmer received his MS.c in Computing from the KTH Royal Institute of Technology, abbreviated KTH, Sweden, and M.Sc in cybersecurity from the Norwegian University of Science and Technology, Norway.
Pitt Huang currently serves as the chief technical officer and chief operating officer of Pundi X. Pitt who began coding at the age of 10. In his high school, he was already building space games.
He is also an avid entrepreneur and investor. At the age of 25, he had founded and sold his first Groupon-like company to Baizhu in 2008. He has started and sold several other businesses, including a 200 person company.
Like the native tokens of other payment-centered crypto platforms, the great majority of the Pundi X (NPXS) tokens have been issued. Other brokerage services that take this approach include Binance (BNB), Voyager Token (VGX) and ( Troy (TROY).
Pundi X initially launched with the PXS and PXSXEM tokens, the tokens were swapped for the NPXS tokens between March and September 2018. The swap rate was set at one PXS token for 1,000 NPXS.
The current circulating supply of NPXS tokens is set at 235,514,908,115 tokens, while the max supply is set at 258,526,640,301 NPXS. At the moment, 91 percent of the NPXS tokens there ever will have been issued. The NPXS tokens are non-minable, they are instead issued weekly as staking rewards.
Now NPXS is PUNDIX
every 1000 NPXS will be one PUNDIX
Technical analysis:
as we can see the Token has completed an Elliot cycle and now the Price is in the Linking Zone,
we may have some retracement in order to re accumulate and start its New Cycle.
we can see over cross on the MACD which is the sign of some price correction and retracement
we have defined 3 Targets by Fibonacci projection and 1TP also has confluences with Fibonacci Expansion
the 3 TP Gets Confirmation as soon as the 2 TP gets Triggered.
we initially Bought Coins at this Stage:
we Added 100% more at this Stage and sold 25% at the 3 TP:
Fundamentals:
Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain.
The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world's first point-of-sale solution. Following a successful ICO, Pundi X has successfully launched retailed focused services including XPOS, XWallet and XPASS as well as the world's first blockchain phone called BOB.
The company, which has its headquarters in Singapore, has shipped its XPOS solution and devices to over 25 markets including the United States, Spain, Argentina, Korea, Australia, Colombia, Spain and Taiwan.
The goal of the Pundi X project is to make cryptocurrency available to everyone. While other similar projects attempt to outperform the banking system, Pundi X looks to simplify transforming retail businesses to make this happen.
Pundi X has created a blockchain payment ecosystem with the XPOS, XPASS and the virtual XWallet. The XPOS is the world's first blockchain-powered wireless point-of-sale (POS) for cryptocurrencies.
Using the XPOS, retail merchants, as well as consumers, can easily buy, sell and transact using digital assets in physical stores. The product is designed to accept every cryptocurrency. Popular digital assets like Bitcoin (BTC), Ethereum (ETH) and Pundi X (NPXS) are listed within the ecosystem.
The XWallet mobile app is the bridge between the regular digital asset wallets and the Pundi X payment ecosystem. Users can use the XWallet to easily manage their digital assets, make transfers, check balances, and top-up the supported cryptos in the XWallet. The virtual XPASS card is issued to every registered XWallet user.
In June 2019, Pundi X launched the Open Platform to support more blockchains. Since then, DeFi developers and projects have registered and uploaded their ERC20 tokens to the Pundi X ecosystem, increasing its use.
The Pundi X project was founded in 2017 by Zac Cheah and Pitt Huang. The pair met in an HTML5 Interest Group in 2012, and the single idea that created the startup was a way of making cryptocurrencies a part of the daily lives of everybody.
Zac Cheah currently serves as the CEO of Pundi X. Prior to his role at Pundi X, Zac was formerly the W3C Chair of the HTML5 Interest Group. Zac, a skilled programmer received his MS.c in Computing from the KTH Royal Institute of Technology, abbreviated KTH, Sweden, and M.Sc in cybersecurity from the Norwegian University of Science and Technology, Norway.
Pitt Huang currently serves as the chief technical officer and chief operating officer of Pundi X. Pitt who began coding at the age of 10. In his high school, he was already building space games.
He is also an avid entrepreneur and investor. At the age of 25, he had founded and sold his first Groupon-like company to Baizhu in 2008. He has started and sold several other businesses, including a 200 person company.
Like the native tokens of other payment-centered crypto platforms, the great majority of the Pundi X (NPXS) tokens have been issued. Other brokerage services that take this approach include Binance (BNB), Voyager Token (VGX) and ( Troy (TROY).
Pundi X initially launched with the PXS and PXSXEM tokens, the tokens were swapped for the NPXS tokens between March and September 2018. The swap rate was set at one PXS token for 1,000 NPXS.
The current circulating supply of NPXS tokens is set at 235,514,908,115 tokens, while the max supply is set at 258,526,640,301 NPXS. At the moment, 91 percent of the NPXS tokens there ever will have been issued. The NPXS tokens are non-minable, they are instead issued weekly as staking rewards.
Now NPXS is PUNDIX
every 1000 NPXS will be one PUNDIX
Technical analysis:
as we can see the Token has completed an Elliot cycle and now the Price is in the Linking Zone,
we may have some retracement in order to re accumulate and start its New Cycle.
we can see over cross on the MACD which is the sign of some price correction and retracement
we have defined 3 Targets by Fibonacci projection and 1TP also has confluences with Fibonacci Expansion
the 3 TP Gets Confirmation as soon as the 2 TP gets Triggered.
You can swap 1,000 NPXS tokens for 1 PUNDIX token. There is no change in the value of the new tokens a user holds after token redenomination compared to the total value of the old tokens.
There are three ways to swap your NPXS for PUNDIX.
Manual on-chain swap at the Pundi X official site
Who: ERC20 compatible blockchain wallet holders
How: Connect your private wallet to the Pundi X official swap site which will be available after March 30 on www.pundix.com.
When: Anytime from March 30, 2021 to March 29, 2022. The holders decide.
Result: Receive PUNDIX after the swap. The speed of receiving new tokens will depend on the traffic condition of the Ethereum network at the time.
Advantages: Holders can keep PUNDIX in their private wallets and participate in the upcoming DeFi staking in April. Holders can also choose their preferred time to swap or trade NPXS or PUNDIX.
Disadvantage: Need to pay ETH gas fee.
2. Auto swap in the XWallet
Who: XWallet holders
How: The process is automatic. Holders don’t need to do anything.
When: March 30, 2021. Deposit and withdrawal will be suspended from 13:00 GMT+8. A system upgrade will be performed for XWallet, XPOS, and XPOS merchant / distributor portal from 13:00 GMT+8 on March 30 to 22:00 GMT+8 on March 31, 2021.
Result: Every 1,000 NPXS will become 1 PUNDIX automatically.
Advantages: It’s automatic and there is no gas fee.
Disadvantage: To participate in the decentralized staking, holders need to withdraw their PUNDIX tokens to their private wallets.
3. Auto swap in the supporting exchanges
Who: Wallet holders on participating exchanges.
How: The process is automatic. Holders don’t need to do anything.
When: Depends on the exchange’s timeline. Please refer to the announcement from the exchanges.
Result: Every 1,000 NPXS will become 1 PUNDIX automatically.
Advantages: It’s automatic and no need to pay gas fee. Holders can trade PUNDIX immediately in the exchanges after the swap.
Disadvantage: To participate in the decentralized staking, holders need to withdraw the PUNDIX tokens to their private wallets.