[Crypto Currency] Pundi X (PXS), a currency exchange platform for Indonesia
Satoshi Nakamoto, who made the beat coin, designed it so that the inter-personal P2P transaction except the commission can be done quickly and safely without going through the bank in the global financial crisis.
The essence itself is concentrated on the function of money, which has also influenced other sub-coins.
Fundus X is also one of them. Fund X is a cryptic currency that focuses on the use of virtual money in the real economy. Cryptography, in particular bit coin, has been introduced into the real economy from price to usage, but in the world, less than 2% of people in Southeast Asia.
Fundus X wants to expand its market around the base of such a cryptographic market, especially in Indonesia, and to increase the population that uses cryptography.
Supported passwords are BTC, ETH, NEM, QTUM, and ACT.
Mobile use. The app store on the iPhone and Android can be used by installing the app on the Google Play Store.
Pay-by-QR payments are available at branches in Indonesia where Fund X is introduced.
And you can go through the payment process through the POS device of Fund X.
The Fondue X card is available for payment when you request it, and it issues receipts to both stores and users and displays the exchange rate.
The cards of Fund X are distinguished by type, and issuance is decided according to the order of use. The difference in benefits per card is shown below.
- Black Card: 1st to 50th 5% discount for 10 years
- Diamond Card: 51st to 150th 5% discount for 5 years
- Platinum card: 151 ~ 300 top 5% discount for three years
- Gold Card: 5% discount for 1 year for 300 or less (for investors over 10 ETH)
In the future, Fund X will put the platform in the roadmap to enable the payment of utility bills.
The current main branch is distributed mainly in Indonesia. However, in Indonesian law, electronic money is not a currency, and it is said that it is licensed to FinTech business.
Promote cooperation with the National Bank of Malaysia and seek permission for the digital payment method.
Thailand has introduced and allowed several block chains, including Omicago, but has turned to regulation due to the problem of black money laundering.
However, when we look at the news, it is hard to say that the introduction has been successful. Several branches have been installed and POS machines have begun to sell, but no visible results have been seen to date.
Let's look at the roadmap.
We have set the direction for the platform of Fundi X. POS machine manufacturer, POS software development, cryptographic currency exchange, Pundi X card, and password money bank.
The purpose of Fund X Bank is to function as a credit evaluation system for Southeast Asian markets where there is no bank account.
This makes it possible to secure both privacy and security through the use of block chain technology.
I'm a member of Fund X.
Jakarta, Indonesia, and China. In Jakarta, we are in charge of operation and management. In Shenzhen, we are in charge of technology development and research.
Chief executive went to a mobile game company. I have a career in media entertainment W3C.
The Chief Technology and Operations Manager has a career as an entrepreneur. I worked in a company that had 200 employees while doing various business. Other than that, I have only studied career.
Chairman has a career as the CEO of FinTech in Indonesia. I can say that he is the most experienced person in the field.
The Chief Financial Officer has financial management experience in Baidu and Lenovo. I studied at the law school, and I have an accounting qualification.
It is said that there is advisor, but it is not listed separately.
I am an investor of Panthera Capital, but I do not have a white paper or homepage.
Looking at the partner, I am disappointed. Although there are Indonesian FinTech and E2Pay companies, the majority are block-chain companies or non-block companies.
It is important to know where these payment systems are introduced and how to obtain actual users, and it can be seen that Fundus X lacks partners to help users in the Southeast Asian market.
Let's summarize.
Fundus X came out as a concept of substitution for money, which is the function that the cryptography was noteworthy. Personally, I think that what is important in the payment / payment platform is partnering with the market.
It seems to be a plan to advance to Malaysia and Thailand and to move to East Asia starting from Indonesia. Since Indonesia is ranked 4th in the global mobile penetration rate (Korea Institute for International Economic Policy), it seems that there is a strong point when it comes to attracting mobile finance, but it is a stumbling block in the market atmosphere that rejects the external market.
It is also a problem that POSCO is used. In the Indonesian market, which is pursuing wireless rather than wired, POSGY is wireless, but it seems to be not a good way because it is another burden.
Also, team members, advisors and partners are poor. I can say it clearly. It will take some time for visible results to come out, but it is skeptical that it does not seem to be connected with banknotes. And it is hard to see that the team members have set the color of Indonesia.
We have entered into a strategic partnership with Korea Exchange, Coinest, and have been listed in Korea, supporting the pundi X Pass. It is said that it was also listed in the non-box.
On March 15, we conducted a token par value split. I paid the original PXS with NPXS at a ratio of 1: 1000. As a result of this, prices have skyrocketed but dropped again.
If Future X fails to target the Indonesian market ... Future value or vision seems bleak.
Pundi X: https://pundix.com
Facebook: https://www.facebook.com/pundixlabs/
Twitter: https://twitter.com/PundiXLabs
Telegram: https://t.me/Pundix
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