What is Pundi X (PUNDIX)? Overview of Payment project using POS devices

Pundi X is one of the pioneering projects bringing blockchain and cryptocurrency closer to the real world through a Point of Sale (POS) device ecosystem, digital wallets, payment cards, and blockchain phones. What makes this project special? Let's explore with Allinstation through the article below!

What is Pundi X (PUNDIX)?

Pundi X is a blockchain project providing cryptocurrency payment solutions at the point of sale (POS), enabling users to buy, sell, and pay with cryptocurrency as easily as cash at stores, cafes, supermarkets, restaurants, etc. through a device called XPOS.

Pundi X helps narrow the gap between the traditional Web2 world and Web3, supporting quick, safe, and user-friendly conversion between fiat and cryptocurrency. The native token PUNDIX is used as a payment unit in the ecosystem, and is also used to activate promotional programs, list assets, and manage the network.

[The rest of the translation follows the same professional and accurate approach, maintaining the technical terminology and context of the original text.]

• Send messages, make calls, share data without a telecommunications provider.
• Integrate cryptocurrency wallet and native blockchain applications.
• Run on f(x) Blockchain – a dedicated chain developed by Pundi X.
• Focused on security, privacy, and personal data control.

f(x) Blockchain

f(x) Blockchain is a Layer 1 blockchain built to serve the expansion needs of the Pundi X ecosystem, especially decentralized applications and products like XPhone, DEX, and electronic wallet.

Outstanding features:

• Allows running smart contracts and decentralized applications.
• Integrates on-chain governance and staking.
• Supports PUNDIX token as native token.
• Platform for future products of Pundi X Labs.

Highlights of Pundi X

• Android-based XPOS: Allows custom application development, supports ecosystem expansion.
• Direct fiat & crypto connection: Users can buy and sell cryptocurrencies directly with cash, bank cards, electronic wallets, or XPASS cards.
• Open system for developers: Pundi X encourages third-party development of applications running on the XPOS platform.
• Transparent documentation: Whitepaper and learning resources are fully provided for new users.

Overview of PUNDIX Token and Tokenomics

Basic Information

• Ticker: PUNDIX
• Contract: 0x0fd10b9899882a6f2fcb5c371e17e70fdee00c38
• Blockchain: Ethereum
• Token Standard: ERC-20
• Token Type: Utility Token
• Total supply: 258,491,637 PUNDIX
• Circulating supply: 258,491,637 PUNDIX

Token Distribution

• Monthly Token Released: 70%
• Public Sale: 12.9%
• Pundi X Labs: 10%
• Private Sale: 7.1%

Token Release Schedule

• Community: Monthly unlock for 3 years, starting 6 months after mainnet launch.
• Labs: 25% unlock each year for 4 years.
• Team: 50% unlock after 1 year, remaining 50% after 2 years.

Token Utilities

• Payment at XPOS acceptance points.
• Projects wanting to list on XPOS must hold a minimum amount of PUNDIX.
• Stores use PUNDIX to create promotions, point accumulation, advertising.
• All transaction fees from XPOS will be periodically burned, reducing supply and increasing value.

Wallets & Exchanges

• Exchanges: Binance, OKX, Bitget,…
• Storage Wallets: MetaMask, Coin98, Trust Wallet, Ledger, Trezor,…

Development Team, Investors & Partners

Development Team

Pundi X was founded and operated by a group of experienced experts in blockchain, financial technology, law, software development, and global marketing. It is one of the few Web3 projects with an international, multidisciplinary team that operates systematically from initial stage to practical implementation.

[The rest of the translation follows the same pattern, maintaining the structure and translating all text while preserving any HTML tags and special formatting.]

• Verifone – One of the largest POS payment device providers in the world. Collaborating to integrate XPOS into the global payment system.
• MakerDAO & DAI Stablecoin – Collaborating to support payments with DAI at XPOS acceptance points.
• Function X (f(x)) – Strategic blockchain technology partner, platform running new products like XPhone.
• Government organizations and retail companies in Indonesia, Nigeria, Brazil,… – Collaborating to deploy actual XPOS machines.

Summary

Pundi X (PUNDIX) is one of the pioneering projects in applying blockchain to real-world payments, with the goal of popularizing cryptocurrency to global consumers. Without chasing hype or complex financial models, Pundi X possesses a solid core value: creating real revenue from hardware and transactions, deploying actual products in multiple countries, and maintaining a reputable, experienced development team.

With exclusive technology support, long-term vision, and sustainable development strategy, Pundi X continues to be a name worth following if you are interested in blockchain applications in payment, retail, and cryptocurrency popularization for the masses.

Note: This is not investment advice. Always do your own research (DYOR) and carefully consider before making financial decisions.