Can you use your blockchain assets to purchase any items you want? In the current setup you need to exchange them for fiat cash. This method itself involves tons of processes. You need to encounter exchange frauds as well as banking limitations. There is huge gap that needs to be filled. Pundi comes to act as a bridge, focusing on facilitating real time use of blockchain assets. It enables any store worldwide to accept cryptocurrency. It extends its service till facilitating purchase of cryptocurrency by the stores. Maintaining a system to store, accept and spend cryptocurrency is the purpose. Some of the systems have tried to do this but Pundi does it a whole lot better. It covers almost every base, thereby eliminating several real life hurdles.
The real problem with cryptocurrencies:
Without any doubt, concept of cryptocurrencies has outgrown itself. However, only 1% of the global population owns blockchain assets. Even the ones who do, have little to no knowledge about it. Business conduct is mostly based on cash and offline methods. Dealing with cryptocurrencies is still tough due to serious lack of global acceptance.
What Pundi attempts to do?
The company aims to make buying crypto assets as convenient as buying bottled water. According to their site, the company aims to act as Wal-Mart of cryptocurrency. Anyone should be able to buy cryptocurrencies like bitcoin anywhere in the world.
Wide range of solutions presented by Pundi:
• Pundi X pass can be used to buy or sell cryptocurrencies in a swipe. Irrespective of age, nationality etc… anyone can do it.
• You have a handy mobile integration as well. Any digital wallet supporting Pundi X helps with purchasing, selling and accepting cryptocurrencies.
• You can use fiat cash and debit/credit cards to buy cryptocurrency top-ups at Pundi X locations. The tops can be loaded into your digital wallets.
High aspirations of the company:
Pundi has set some ambitious goals going into their business. They plan to bring 100k devices to life. 100 million users worldwide will be using the system. Considering there are 2 billion unbanked individuals in the world, it is a realistic target. All these users will be given access to purchase blockchain assets from their nearest convenience stores and shops.
Mode of operations of Pundi:
On its device, Pundi invites exchanges, digital wallets and token holders to play a role. The devices are installed at stores around the globe. It is how these stores start accepting cryptocurrency payments. Its official token, PXS is the gas in Pundi X system. You can buy PXS economically by participating in the ICO. It comes with 40% extra tokens distributed by the end of the year.
ICO details:
The project accepts ETH for PXS. Each ETH gets you 500 PXS. For phase 1, you are rewarded an extra 15% tokens. Following phases reduces the bonus by 5% till there is no bonus available at phase 4. Major part of the proceeds would be spent on offline promotion and installation. Two third of the tokens will be generated for the public.
Pundi-X Project Team and Official Links:
The team is based in Jakarta (Indonesia) and Shenzen. The CEO Zac Chea is active in the project’s social media channels like telegram, where he listens and answers to the queries of the customers and the investors, this is obviously a great sign and adds greater confidence in the project, I hope he will stay responsive and active.
Pundi-X is making waves all across the social media, to stay in touch with the latest updates about the project, I recommend to subscribe all the official social media links of the project below:
Website: https://pundix.com/
Whitepaper: https://www.pundix.com/pdf/PundiX_WhitePaper_EN_FinalVer1.pdf
Facebook: https://web.facebook.com/pundixlabs/
Twitter: https://twitter.com/PundiXLabs
Medium: https://medium.com/pundix
Telegram: https://t.me/Pundix
My Bitcointalk forum profile: https://bitcointalk.org/index.php?action=profile;u=985624
Kind Regards!