Thanks for collaborating within the AMA session with co-founder and CEO Zac Cheah.
For these of you who could have missed it, the stay recording of the AMA session held on Oct four at 10:00 am GMT+8, tackling Q3 progress with addressing questions and issues by the group members, might be considered right here:
You might also discover a abstract of the Q3 progress presentation under.
Carnival celebrates Pundi X 2nd anniversary with 1 million USD giveaways
The aim of Carnival is to have a good time Pundi X’s 2nd anniversary with the group, particularly for individuals who have been supporting us from the very starting. One of many key actions of Carnival is Crypto Reward, which lets you ship and obtain totally different cryptos which are supported in XWallet.
Scheduled crypto items are given out in our official telegram teams, however unscheduled crypto items are given as surprises on totally different telegram channels, together with Binance group, KuCoin group, and so on.
Along with the crypto items, we’re giving out prizes as much as 1 million price in USD. The celebration extends from XWallet to Twitter with the prize of the world’s first BlokOnBlok (BOB) telephones. We might be giving out as much as 20 BOBs to the fortunate winners who be a part of the marketing campaign.
Final however not the least, the Grand Prize of Carnival is a deal with to an unforgettable journey powered by crypto, particulars to be introduced quickly.
Q3 Token Removing
For the final 365 days, now we have eliminated extra tokens in fiat worth greater than the quantity now we have raised from our token sale, which is over 35 million USD.
The subsequent token elimination will happen on the second Saturday of October, by then:
2 billion of NPXS and 17 billion of NPXSXEM (four million price in USD) might be eliminated. These tokens got here from XPOS and XWallet transactions and FX conversions. Because of the cause that extra holders selected to transform NPXSXEM to FX, there are extra NPXSXEM than NPXS to be eliminated.
The choice of eradicating NPXS/BTC pair in Binance was made as a result of widespread value of the pair. We consider that it’s useful for NPXS to extend liquidity.
As a help to the choice, now we have noticed that for the final 24 hours. The NPXS/ETH pair has the most important buying and selling quantity in all Binance ETH pairings. Therefore, we consider that by eradicating NPXS/BTC pair in Binance might be useful for NPXS in the long run.
The B2C technique is to push XPOS to retail prospects and retail companions. Alternatively, the B2B partnerships are what we consider to be the breakthrough for XPOS deployment, which embody working with giant firms, authorities officers and establishments.
Markets with large foreign money disaster present large pursuits in cryptocurrencies and deploying XPOS as cost strategies, similar to Brazil, Argentina, Venezuela and so on. Our collaboration with the most important chain division retailer, Traki, in Venezuela is a good instance, and we might be constantly speaking with extra corporates for partnerships.
One other B2B technique is to work with different blockchain firms that are the pioneers within the native markets. Take Singapore for instance, we’re working with dcubepay and roll out XPOS collectively. We’re additionally in talks with many blockchain firms which have substantial pursuits in seeing blockchain cost flourish in their very own markets.
Our software program integration with one of many world’s greatest point-of-sale firm, Verifone, is a begin, and now we have efficiently built-in with one other two huge POS firms, so keep tuned for the official bulletins.
High 5 most used cryptos on XPOS are BTC, NPXS, BNB, ETH, DAI.
We have now shipped over 5,000 XPOS all world wide, amongst which 1,000+ are being actively used and the quantity continues to develop. We’re seeing an uptake of utilization, which is the tutorial course of given by our XPOS distributors and retailers to potential crypto customers.
Since launched in January, 2019, now we have over 400Ok registered customers in XWallet and 150Ok+ of them have been activated within the earlier quarter.
The Crypto Reward perform has confirmed to be successful that led our telegram group in XWallet rank #1 and #2 worldwide in all Telegram group (ranked by combot.com).
We need to present customers to make use of each centralized and decentralized storage on XWallet, the latter is being labored on with potential companions, similar to Samsung Pockets, and we’re additionally connecting with a widely known trusted firm for partnership in the meanwhile. Particulars might be introduced quickly.
The highest 10 markets with probably the most energetic person of XWallet are Indonesia, India, Turkey, USA, Spain, South Korea, Russia, Brazil, United Kingdom and Germany.
Within the earlier quarter, now we have launched the Samsung Pockets DApp. On this quarter, we might be launching DApps embody an Ethereum pockets, an e-commerce platform, a sports activities DApp, a star DApp, and a crypto-to-fiat DApp.
We may also launch an “Earn and Stake” DApp which can permit token holders to get earnings of NPXS or different crypto from staking.
The transactions that occur on the DApps might be a part of the token elimination process. For the revenue we obtain from the DApps, after sharing with the third get together builders, we’ll use it to purchase NPXS from the open marketplace for token elimination.
Pre-order of the world first blockchain smartphone, BlokOnBlok
BlokOnBlok (BOB for brief) would be the world’s first decentralized smartphone, which incorporates your calls, file storage, messages and so forth. The manufacturing of BOB is on schedule. We at the moment are finalizing the product specs and shifting ahead to the primary check manufacturing of BOB.
To pay money for a BOB of you personal, you may take part in our twitter competitors, or be a part of the pre-order subsequent month in XWallet and pay along with your cryptos.
There’ll solely be 5,000 models of BOB produced. Shifting ahead, we might be working with smartphone producers and telecom firms to create extra blockchain telephones, and all our blockchain telephones might be linked to the FX mainnet.
To affix the motion, you may try our FX bounty program for 300Ok price of FX tokens.
The very best showcase of our firm and the worth it brings is to create showcases and actual deployments. Within the earlier quarter, now we have constructed the Venezuelan workplace, and we’re additionally diligently exploring Africa and can have our workers based mostly in Rwanda.
Thanks for collaborating within the AMA. We consider this can aid you to be conversant in our progress in addition to reply some questions from the group.