[ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency

[Sanitough]

f(x) The Mainnet launch Let the countdown begin.

Launch introduction
Function X Mainnet will be going live.
The team will do a step-up Mainnet launch, whereby you will see a multi-stage launch. A multi-stage launch ensures better security, adoption, and exposure. In Stage 1 of this multi-stage launch we introduce the delegation of FX tokens into validators to help secure the Function X Mainnet. We call this first stage “Governance of FXCore”.

Details: https://medium.com/functionx/f-x-the-mainnet-launch-f6ea599beb75

Thanks for sharing, looks like the news really help, Pundix now up by 16% (https://coinmarketcap.com/currencies/pundix-new), probably this is just the beginning, maybe soon we will get to $10. Just hold up, we are getting big updates from the team, going mainnet is such a big thing.

Hopefully, PUNDIX will go back to its glory place where it was praised and hoped to be the best project for payments. I had even seen Payment processing POS machines installed in shops where you can pay with NPXS and then part of the fees will get burned etc. It was once one of the best upcoming projects, hopefully it will become like that again.

They are far behind which we don't see any active distribution of POS machines to retail shop which they promised a lot during their crowd sales, but now everything is in the paper which they are not actively updating their roadmap and even token swapping is no model in order to create hype but no active developments from the company side.

Well, people got hype, so that's it, the swap is over so we are not anymore seeing any hype, I guess they should have delayed the swap a little bit so the hype will continue, now that the price has dump to $2.46, it's possible that it will even dump $1 as the market is not yet stable now.

No major improvement on Pundix, so most definitely it will rely on the movement of bitcoin.

[JollyGood]

Thanks for sharing, looks like the news really help, Pundix now up by 16% (https://coinmarketcap.com/currencies/pundix-new), probably this is just the beginning, maybe soon we will get to $10. Just hold up, we are getting big updates from the team, going mainnet is such a big thing.

$10 is not going to happen because the management team are incompetent. They had a strong case for success after the ICO but they diverted their attention away from their core product of XPOS, as a result the price of the token collapsed.

Hopefully, PUNDIX will go back to its glory place where it was praised and hoped to be the best project for payments. I had even seen Payment processing POS machines installed in shops where you can pay with NPXS and then part of the fees will get burned etc. It was once one of the best upcoming projects, hopefully it will become like that again.

We can hope it becomes an innovative giant again but it is not going to happen unless they return to their roots and concentrate just on the XPOS devices and stop wasting money of the fantasy about blockchain phones and other nonsense.

They are far behind which we don't see any active distribution of POS machines to retail shop which they promised a lot during their crowd sales, but now everything is in the paper which they are not actively updating their roadmap and even token swapping is no model in order to create hype but no active developments from the company side.

That was their biggest problem. They made announcements about having their XPOS devices installed in malls all over the world but they did not achieve anything close to it. If they at least stuck to their original plans they would have been in a much stronger position.

Well, people got hype, so that's it, the swap is over so we are not anymore seeing any hype, I guess they should have delayed the swap a little bit so the hype will continue, now that the price has dump to $2.46, it's possible that it will even dump $1 as the market is not yet stable now.

No major improvement on Pundix, so most definitely it will rely on the movement of bitcoin.

I would not be surprised if the price fell to $1 soon. After the hype of the token swap fades away this token will get back to form and ahead towards $1 soon unless the management bring in a new team with new ideas to reinvigorate a dying project.

15 days ago the new token was trading at all time high of $7.14 and yesterday it fell to all time low of $1.89. Now it is trading at $2.49 and things are not looking good for PUNDIX long term.

[Kazkar]

15 days ago the new token was trading at all time high of $7.14 and yesterday it fell to all time low of $1.89. Now it is trading at $2.49 and things are not looking good for PUNDIX long term.

The instability of the BTC also affects the course. Even good news from other companies has little effect on the price of they coins.

[mirakal]

15 days ago the new token was trading at all time high of $7.14 and yesterday it fell to all time low of $1.89. Now it is trading at $2.49 and things are not looking good for PUNDIX long term.

The instability of the BTC also affects the course. Even good news from other companies has little effect on the price of they coins.

That's kinda normal, bitcoin is the main driver of the bull run here, bitcoin not being bullish would not help the altcoins market. However, based on what I observed with Pundix, it was just not bullish anymore after the swap, so probably bitcoin's movement is the reason but mostly on how people see the entire potential of the project.

[kidbounty]

Well, people got hype, so that's it, the swap is over so we are not anymore seeing any hype, I guess they should have delayed the swap a little bit so the hype will continue, now that the price has dump to $2.46, it's possible that it will even dump $1 as the market is not yet stable now.

No major improvement on Pundix, so most definitely it will rely on the movement of bitcoin.

I would not be surprised if the price fell to $1 soon. After the hype of the token swap fades away this token will get back to form and ahead towards $1 soon unless the management bring in a new team with new ideas to reinvigorate a dying project.

no new ideas or even a willingness to focus on platform development. they just go around in circles without progress, as if they don't have a business strategy at all. no marketing for the platform, and no promotion. the only thing they can think of is a token swap.

[Btc_1856]

Well, people got hype, so that's it, the swap is over so we are not anymore seeing any hype, I guess they should have delayed the swap a little bit so the hype will continue, now that the price has dump to $2.46, it's possible that it will even dump $1 as the market is not yet stable now.

No major improvement on Pundix, so most definitely it will rely on the movement of bitcoin.

I would not be surprised if the price fell to $1 soon. After the hype of the token swap fades away this token will get back to form and ahead towards $1 soon unless the management bring in a new team with new ideas to reinvigorate a dying project.

no new ideas or even a willingness to focus on platform development. they just go around in circles without progress, as if they don't have a business strategy at all. no marketing for the platform, and no promotion. the only thing they can think of is a token swap.

The only update they majorly did is token swap, which has decreased the supply, which will not help the company increase its value. Yes, we don't see any marketing from this Pundix company and I don't know why Pundix is neglecting to update its roadmap.

[JollyGood]

If the Pundi X team concentrated on their core business as much as they did on their token swaps then it would be a top 20 token by market cap.

Where the Pundi X team failed was when they stopped focusing on rolling out their XPOS devices across as many countries as possible and started focusing on blockchain phones and nonsense that was not even part of their ICO whitepaper.

This token swap only delays the inevitable decline unless the management take drastic action to stop the rot.

no new ideas or even a willingness to focus on platform development. they just go around in circles without progress, as if they don't have a business strategy at all. no marketing for the platform, and no promotion. the only thing they can think of is a token swap.

[aprilnot]

Where the Pundi X team failed was when they stopped focusing on rolling out their XPOS devices across as many countries as possible and started focusing on blockchain phones and nonsense that was not even part of their ICO whitepaper.

This is what makes me laugh a little, the project's goal is to provide payment services using crypto. but in fact they are focusing on blockchain smartphone development. this was the first mistake the pundiX team made. they make new things when their new business is started. Instead of doing marketing and getting new marchant partnerships, they waste money on things that people don't really like. no one needs a smartphone with blockchain technology.

what was even more stupid was that the project seemed to have disappeared without progress, and now they are coming up with a token swap. where they have done this 2 years ago. Will there be another token swap in the future when the token is worthless?

[JollyGood]

This was not the first token swap and will not be the last the way things are going with the Pundi X team. It seems they are clutching at straws trying to make themselves relevant again but they probably missed that boat a long time ago.

Where the Pundi X team failed was when they stopped focusing on rolling out their XPOS devices across as many countries as possible and started focusing on blockchain phones and nonsense that was not even part of their ICO whitepaper.

This is what makes me laugh a little, the project's goal is to provide payment services using crypto. but in fact they are focusing on blockchain smartphone development. this was the first mistake the pundiX team made. they make new things when their new business is started. Instead of doing marketing and getting new marchant partnerships, they waste money on things that people don't really like. no one needs a smartphone with blockchain technology.

what was even more stupid was that the project seemed to have disappeared without progress, and now they are coming up with a token swap. where they have done this 2 years ago. Will there be another token swap in the future when the token is worthless?

[neatworld]

What a bloody waste of energy this project turned out to be. I used to be a staunch supporter but all they do now is hype their mainnet and staking (both of which have huge issues still) , plus nobody has actually bothered to admit that they made a huge mess of the token swap.  I am so glad I sold most of my holdings pre-swap for a decent profit (thanks airdrops in 2018 lol) and it's going to take a LOT more transparency to get me back in again. Not to mention, their Telegram community is super toxic right now, it's just a ridiculous echo chamber and anyone who dares to question what's going on either gets ganged up on or banned altogether. There are zero real updates about how many XPOS are in use / have been sold recently, and their much-hyped first-quarter burn was such a letdown. I'm just thankful to be out

[mirakal]

What a bloody waste of energy this project turned out to be. I used to be a staunch supporter but all they do now is hype their mainnet and staking (both of which have huge issues still) , plus nobody has actually bothered to admit that they made a huge mess of the token swap.  I am so glad I sold most of my holdings pre-swap for a decent profit (thanks airdrops in 2018 lol) and it's going to take a LOT more transparency to get me back in again. Not to mention, their Telegram community is super toxic right now, it's just a ridiculous echo chamber and anyone who dares to question what's going on either gets ganged up on or banned altogether. There are zero real updates about how many XPOS are in use / have been sold recently, and their much-hyped first-quarter burn was such a letdown. I'm just thankful to be out

You know for a reason that PundiX only pumped because of the bull run, the market is hype, so altcoins benefited from that. It was a decision on your part to sell your holdings because once the bull run is over, everything will be back to normal and Pundix will struggle again.

[Natalim]

What a bloody waste of energy this project turned out to be. I used to be a staunch supporter but all they do now is hype their mainnet and staking (both of which have huge issues still) , plus nobody has actually bothered to admit that they made a huge mess of the token swap.  I am so glad I sold most of my holdings pre-swap for a decent profit (thanks airdrops in 2018 lol) and it's going to take a LOT more transparency to get me back in again. Not to mention, their Telegram community is super toxic right now, it's just a ridiculous echo chamber and anyone who dares to question what's going on either gets ganged up on or banned altogether. There are zero real updates about how many XPOS are in use / have been sold recently, and their much-hyped first-quarter burn was such a letdown. I'm just thankful to be out

You know for a reason that PundiX only pumped because of the bull run, the market is hype, so altcoins benefited from that. It was a decision on your part to sell your holdings because once the bull run is over, everything will be back to normal and Pundix will struggle again.

As expected, especially if they still have no big development, but it's still good though as long as they are listed in big exchange as the hype is always there during the bull run. If the bull run is indeed over, we can wait for next time, but hopefully, this coin would still survive so it will have a bigger run in the next bull run. Most coins actually that have a good volume especially listed in Binance have a big chance of betting hype.

[JeromeTash]

As expected, especially if they still have no big development, but it's still good though as long as they are listed in big exchange as the hype is always there during the bull run. If the bull run is indeed over, we can wait for next time, but hopefully, this coin would still survive so it will have a bigger run in the next bull run. Most coins actually that have a good volume especially listed in Binance have a big chance of betting hype.

Pundi X has a chance of being a very big coin, but the team messed the chance up. Even a market pump or having some of its pairs still listed on Binance won't resurrect this coin. It will always continue to go on the downward path in the long run.

I was one of the early supporters. I am glad I abandoned ship before it sunk. I wonder how many coin swaps they are going to make in its entire lifetime.

[Natalim]

As expected, especially if they still have no big development, but it's still good though as long as they are listed in big exchange as the hype is always there during the bull run. If the bull run is indeed over, we can wait for next time, but hopefully, this coin would still survive so it will have a bigger run in the next bull run. Most coins actually that have a good volume especially listed in Binance have a big chance of betting hype.

Pundi X has a chance of being a very big coin, but the team messed the chance up. Even a market pump or having some of its pairs still listed on Binance won't resurrect this coin. It will always continue to go on the downward path in the long run.

I was one of the early supporters. I am glad I abandoned ship before it sunk. I wonder how many coin swaps they are going to make in its entire lifetime.

The timing of the coin swap was made during the bull run so it could gain attention, but in fact, there's no serious development on the project yet, their plans have not come into reality yet so this would not be a huge one in the future unless they'll deliver.

Now that the bull run seemed to be over, we will be back to a lower price but since they reduce the supply through a swap, it will not be as low as the price before.

[terciduk123]

El Salvador has accepted and legalized BTC. PundiX took this opportunity by donating 100 XPOS devices in support to El Salvador, to facilitate Bitcoin adoption. indirectly also increase the adoption of XPOS devices and the PundiX community.

[Botnake]

El Salvador has accepted and legalized BTC. PundiX took this opportunity by donating 100 XPOS devices in support to El Salvador, to facilitate Bitcoin adoption. indirectly also increase the adoption of XPOS devices and the PundiX community.

That was probably the big news today, that's why bitcoin has pumped.

Good thing they are doing this initiative, it will help the project to grow and investors will be happy about this.
We can't just hype without seeing some result or action from the team, this one is a good example.

[BitMaver]

PUNDI X Chain — Evolving from dApp to Blockchain

Pundi X Chain is a dedicated payment-focused blockchain in the Function X network. It is specially designed to perform high throughput transactions with low latency and low transaction fees. In addition, it provides room for future compliance requirement upgrades, hardware (XPOS) integration and Point-of-Sales compatibility, with a tokenonomy offering incentives to merchants and payment processors.

Read more here

[JollyGood]

In April 2021 after the token swap it was trading at $6.50 and in July 2021 it is $1.05

Why am I not surprised by this?

[Natalim]

In April 2021 after the token swap it was trading at $6.50 and in July 2021 it is $1.05

Why am I not surprised by this?

Obviously, we already know the answer, it's just all bout hype, as the bull run is over, this hype token's price will be back to normal and it might go down again. So what would be their next move? Are they planning to make a swap again to increase the supply?

[examplens]

In April 2021 after the token swap it was trading at $6.50 and in July 2021 it is $1.05

Why am I not surprised by this?

Obviously, we already know the answer, it's just all bout hype, as the bull run is over, this hype token's price will be back to normal and it might go down again. So what would be their next move? Are they planning to make a swap again to increase the supply?

Probably next stage in the roadmap is: wait for a new bull run, run another swap and try to make some extra money for the team.
I would not be surprised with another new swap and denomination for a while. it is the only thing offered here.