I see the road map of this project is very interesting, and if you can make it happen it is great for all of us, but what is your plan ? while your country prohibits the purchase with crypto ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) this may be your greatest challenge hopefully can cope well. Sorry, can please elaborate the 'plan' that you are questioning ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If the plan mentioned above if about Indonesia government, since we are using the X POS device to trade crypto to fiat, it doesnt have any problem with the regulation, we are following the regulations We create an ecosystem to buy and sell crypto easily, you can sell your crypto in nearest minimarkets and use it to pay your groceries, it is super easy.
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Yes. Our CEO Zac Cheah had an interview video with CryptoGrinders. Thanks for sharing the link ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fs6F2CTG.jpg&t=664&c=MKMJSEbtwTEHDA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FZpCWoMZ.jpg&t=664&c=Ou0HALhJQNBLLw)
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..... Yes. Running as offline exchanger, so people can find it anywhere. Easy, simple, and convenient ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You said that we use IDR to purchase things and because of your government is not legalize bitcoin , you have follow their regulation. So what the point making PXS if you can use this feature ? Why do you trust that Indonesia is potential market while their government doesn't trust bitcoin at all ? Thank you for your good question, let me try to answer it: 1. Pundi X token (PXS) is only used by crypto developer and crypto trader /platform for any service or transaction in our Pundi X ecosystem only. You can see PXS as an utility token for developer , trader but investment token for purchaser. 2. I believed bitcoin is not declared as a legal currency in many countries, not only Indonesia. We are starting in Indonesia and will expand to the world. Indonesian market is large and bitcoin is becoming a trending topic in here, people follow the news about bitcoin but they find it difficult to purchase it since there are only few options. We want to solve that problem (build an ecosystem to enables everyone to buy and sell crypto easily) And we are also have our QR payment system in Indonesia (Pundi-Pundi app) launched in Feb 2017, so we are in this market and have a real product already.
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Thank you for answer. So, you will dont have problem with law? You planning to extend your product to other Asian countries?
Yes, we are totally following the regulations so we have no problem and yes of course we are planning to expand our project to the other Asian countries. You can see our roadmap in Pundi X website ( https://pundix.com/) In this November, Pundi X POS device will start our 1st phase of pilot roll out in selected cities : -Jakarta -Bali -Seoul -Singapore -Hong Kong Please refer to this link : https://medium.com/pundix/x-pos-pilot-cities-56545a0d38e0And we also have a meetup in Tokyo (Nov 7th) and Singapore (Nov 9th).
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CEO of Pundi X, Zac Cheah is doing product demo (Purchasing Bitcoin using Pundi X POS and pay through QR Payment (Pundi-Pundi App)) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FGH4NpiE.jpg&t=664&c=Fh2G1vQF7tS1iA)
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Check this out : Pundi X https://pundix.com/They will enable everyone to buy and sell cryptocurrencies everywhere (minimarts, restaurants, cafe, etc) They got Mr Lon Wong (President of NEM) and David Lee Kuo Chuen(Professor of Quantitative Finance. ZCash, Qtum, TenX, InfoCorp and OmiseGo investor) as their Angel Investor. And great advisors such as Miko Matsumura (Pantera Capital, Evercoin) and David Ben Kay (Former founding member of Ethereum Foundation) Reached Pre ICO target 14,000 ETH and ICO will starts on Nov 20. Dont miss the shot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDJRtCUE.jpg&t=664&c=yX7uNeGPZyFodw) And even Ryan Lye (Founder of Cryptogrinders) is doing an interview with Wealth Research Group. Pundi X was mentioned as the only ICO to look out for. Here is the link : https://youtu.be/Hf4G9YgATyI
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Check this out : Pundi X https://pundix.com/They will enable everyone to buy and sell cryptocurrencies everywhere (minimarts, restaurants, cafe, etc) They got Mr Lon Wong (President of NEM) and David Lee Kuo Chuen(Professor of Quantitative Finance. ZCash, Qtum, TenX, InfoCorp and OmiseGo investor) as their Angel Investor. And great advisors such as Miko Matsumura (Pantera Capital, Evercoin) and David Ben Kay (Former founding member of Ethereum Foundation) Reached Pre ICO target 14,000 ETH and ICO will starts on Nov 20. Dont miss the shot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDJRtCUE.jpg&t=664&c=yX7uNeGPZyFodw) And even Ryan Lye (Founder of Cryptogrinders) is doing an interview with Wealth Research Group. Pundi X was mentioned as the only ICO to look out for. Here is the link : https://youtu.be/Hf4G9YgATyI
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That announcement from central bank is not new, it's been several months (from 2014 exactly ). This means that we cannot make a purchase directly using cryptocurrency, merchants have to put IDR priced on the item, and to be able to use cryptocurrency we need to make the conversion crypto -> IDR -> pay for the item so we will follow all regulations. if the central bank doesn't allow us to purchase using cryptocurrency, then we still can convert the cryptocurrency to IDR first then pay the item. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What? several months (from 2014 exactly ) This news was posted on 27/10/2017. And this news on all sites as well... So, devs, explaine your position in this situation. What is this "IDR"? Yes. But the news come up because there is an website selling phone credits and receive bitcoin as payment method The original is already from 2014, stated that bitcoin cannot be used as payment method, only idr(indonesian rupiah) accepted, even usd not accepted in indonesia. So the situation is the same for usd and cryptocurrency We just need to sell it to receive rupiah and use it to pay for transaction Pundi X makes it easier to buy and sell crypto. and after sell crypto, we use the idr to buy things. We have the feature to buy things with crypto, but in Indonesia we will not activate this feature because we are following the regulations. For the simple explaining pundi X in Indonesia will run as exchangers cryptos to Indonesian rupiah IDR but it is more simple, easy to be used and cheap (without fees transaction) than another exchangers is like bitcoin.co.id So pundi X can grow up and be addopted by all of customers in Indonesia and it is not illegal. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yes. Running as offline exchanger, so people can find it anywhere. Easy, simple, and convenient ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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That announcement from central bank is not new, it's been several months (from 2014 exactly ). This means that we cannot make a purchase directly using cryptocurrency, merchants have to put IDR priced on the item, and to be able to use cryptocurrency we need to make the conversion crypto -> IDR -> pay for the item so we will follow all regulations. if the central bank doesn't allow us to purchase using cryptocurrency, then we still can convert the cryptocurrency to IDR first then pay the item. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What? several months (from 2014 exactly ) This news was posted on 27/10/2017. And this news on all sites as well... So, devs, explaine your position in this situation. What is this "IDR"? Yes. But the news come up because there is an website selling phone credits and receive bitcoin as payment method The original is already from 2014, stated that bitcoin cannot be used as payment method, only idr(indonesian rupiah) accepted, even usd not accepted in indonesia. So the situation is the same for usd and cryptocurrency We just need to sell it to receive rupiah and use it to pay for transaction Pundi X makes it easier to buy and sell crypto. and after sell crypto, we use the idr to buy things. We have the feature to buy things with crypto, but in Indonesia we will not activate this feature because we are following the regulations.
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Saw Lon Wong’s tweet about Pundi X using Nem as its backend solution. What would it imply towards the development roadmap of Pundi?
With NEM solution, we can confirm the transaction instantly, which enables us to lower the exchange risk and provide better user experiences. Moreover, with the network of NEM, Pundi X can expand rapidly. It will accelerate the whole process.
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Check this out : Pundi X https://pundix.com/They will enable everyone to buy and sell cryptocurrencies everywhere (minimarts, restaurants, cafe, etc) They got Mr Lon Wong (President of NEM) and David Lee Kuo Chuen(Professor of Quantitative Finance. ZCash, Qtum, TenX, InfoCorp and OmiseGo investor) as their Angel Investor. And great advisors such as Miko Matsumura (Pantera Capital, Evercoin) and David Ben Kay (Former founding member of Ethereum Foundation) Reached Pre ICO target 14,000 ETH and ICO will starts on Nov 20. Dont miss the shot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDJRtCUE.jpg&t=664&c=yX7uNeGPZyFodw) And even Ryan Lye (Founder of Cryptogrinders) is doing an interview with Wealth Research Group. Pundi X was mentioned as the only ICO to look out for. Here is the link : https://youtu.be/Hf4G9YgATyI
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Check this out : Pundi X https://pundix.com/They got Mr Lon Wong (President of NEM) and David Lee Kuo Chuen(Professor of Quantitative Finance. ZCash, Qtum, TenX, InfoCorp and OmiseGo investor) as their Angel Investor. And great advisors such as Miko Matsumura (Pantera Capital, Evercoin) and David Ben Kay (Former founding member of Ethereum Foundation) Reached Pre ICO target 14,000 ETH and ICO will starts on Nov 20. Dont miss the shot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDJRtCUE.jpg&t=664&c=yX7uNeGPZyFodw) And even Ryan Lye (Founder of Cryptogrinders) is doing an interview with Wealth Research Group. Pundi X was mentioned as the only ICO to look out for. Here is the link : https://youtu.be/Hf4G9YgATyI
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Thanks for the link, I like watching video reviews or interviews, so you can clearly understand the whole essence. It's interesting Yes, and there is another update. Ryan from Cryptogrinders doing an interview with Wealth Research Group. Pundi X was mentioned as the only ICO to look out for ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Here is the link : https://youtu.be/Hf4G9YgATyIMore details : 12:39-13:19
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Do your research, review their whitepaper, and look into their news. There are many ICOs but only few ICOs are qualified and has competent advisors backed them. Check this out : Pundi X https://pundix.com/They got Mr Lon Wong (President of NEM) and David Lee Kuo Chuen(Professor of Quantitative Finance. ZCash, Qtum, TenX, InfoCorp and OmiseGo investor) as their Angel Investor. And great advisors such as Miko Matsumura (Pantera Capital, Evercoin) and David Ben Kay (Former founding member of Ethereum Foundation) Reached Pre ICO target 14,000 ETH and ICO will starts on Nov 20. Dont miss the shot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDJRtCUE.jpg&t=664&c=yX7uNeGPZyFodw)
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Check this out : Pundi X https://pundix.com/They got Mr Lon Wong (President of NEM) and David Lee Kuo Chuen(Professor of Quantitative Finance. ZCash, Qtum, TenX, InfoCorp and OmiseGo investor) as their Angel Investor. And great advisors such as Miko Matsumura (Pantera Capital, Evercoin) and David Ben Kay (Former founding member of Ethereum Foundation) Reached Pre ICO target 14,000 ETH and ICO will starts on Nov 20. Dont miss the shot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDJRtCUE.jpg&t=664&c=yX7uNeGPZyFodw)
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I personally very interested in the ICO who can provide self loan project.
I have heard that this kind of P2P self loan project will be launched soon.We all need money sometimes,and if we can not get it from bank,where can we get? A promising ICO project,can help people to get out of trouble in their hardest time.
The profit is fixed for only 1%.No KYC. Such a Convenient project.
P2P lending itself needs the borrower data, bank could provide this, but how could u provide the data in this case? since the NPL will be a big issue in here.
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Check this out : Pundi X https://pundix.com/They got Mr Lon Wong (President of NEM) and David Lee Kuo Chuen(Professor of Quantitative Finance. ZCash, Qtum, TenX, InfoCorp and OmiseGo investor) as their Angel Investor. And great advisors such as Miko Matsumura (Pantera Capital, Evercoin) and David Ben Kay (Former founding member of Ethereum Foundation) Reached Pre ICO target 14,000 ETH and ICO will starts on Nov 20. Dont miss the shot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDJRtCUE.jpg&t=664&c=yX7uNeGPZyFodw)
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Selamat bergabung kepada Mr. Lon Wong (Angel Investor dari Pundi X, President dari NEM) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDJRtCUE.jpg&t=664&c=yX7uNeGPZyFodw) wah, nggak tanggung2 ini pundi x, kalau president NEM juga ikut gabung di pundi, ane yakin nanti ICO nya juga bakaln sukses besar sebagaimana pre ICO nya gan. Dev sama teamnya memang TOP ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Terima kasih, dukung terus ya.. Pundi X juga memiliki banyak world class advisor, salah satunya Miko Matsumura (Pantera Capital, Co Founder dari Evercoin)' ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FZskzyyV.png&t=664&c=pOtrKOJPRp_JwQ)
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Baru pertama kali ada proyek ico dari indonesia dan ckp terbilang sukses IConya semoga aja nanti kedepannya banyak juga proyek yg bermunculan di indonesia.
iy gan semoga saja kedepanya makin banyak lagi proyek proyek yg akan bermunculan dari negara kita indonesia,dan kedepanya masyarakat indonesia makin banyak lagi yg mengenal cryptocurrensy.dan semoga proyek ini terus sukses. cm ini timnya tidak murni dari orang indonesia karena ada beberapa orang cina dan proyeknya ini kalau tidak salah akan di gunakan di bebrapa negara seperti singapure dan hongkong. Ya tim kami mayoritas dari Indonesia (President juga dari Indonesia) Untuk bulan November kami akan roll out device untuk pilot testing ke beberapa kota antara lain: - Jakarta (telah diadakan meetup pada 25 Oktober, Co-Founder kami juga akan menjadi speaker di Wild Digital Jakarta di Westin Hotel Jakarta pada tanggal 16 November) - Bali - Singapore (akan ada meetup di Singapore pada tanggal 9 November yang diarrange langsung oleh Ethereum Singapore -> https://www.meetup.com/Ethereum-Singapore/events/244616731/ ) - Seoul (meetup selesai -> https://medium.com/pundix/pundi-x-meetup-in-seoul-36d90d84b43b) - Tokyo (akan ada meetup pada tanggal 7 November -> https://medium.com/pundix/ann-x-blockchain-tokyo-meetup-c19d355eba10) - Hong Kong mantep bangett update dan progress dari proyek pundi x ini, apalagi untuk pre-salenya secara mengejutkan udah berhasil memperoleh 14,000 ETH! ayo dukung dan ramaikan proyek dari Indonesia! semoga ini menjadi langkah awal berkembangnya dunia cryptocurrency di Indonesia. Ya, semakin banyak yang tau, semakin banyak masyarakat yang dapat menjangkau cryptocurrency, Karena Pundi X akan membangun sebuah ekosistem dimana cyrpto dapat dijangkau oleh semua orang, tidak perlu akses yang rumit untuk mendapatkan cryptocurrency. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Check this out : Pundi X https://pundix.com/They got Mr Lon Wong (President of NEM) and David Lee Kuo Chuen(Professor of Quantitative Finance. ZCash, Qtum, TenX, InfoCorp and OmiseGo investor) as their Angel Investor. And great advisors such as Miko Matsumura (Pantera Capital, Evercoin) and David Ben Kay (Former founding member of Ethereum Foundation) Reached Pre ICO target 14,000 ETH and ICO will starts on Nov 20. Dont miss the shot ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDJRtCUE.jpg&t=664&c=yX7uNeGPZyFodw)
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