CMC#	Market Cap (USD)	Volume (24hr)	Circulating Supply	NVTS	Change (7d)	Change (24h)	Savings Per 1K
61	$96,173,500.00	$2,110,540.00	234,971,000,000 NPXS	59	-8.74%	-2.69%	$0.04

Background

Pundi X believes cryptocurrency adoption is stymied by a categorical complexity in exchange perceived by the average would-be user. Point-of-sale terminals coupled with a mobile application and smart card are Pundi X's solution to more rapid cryptocurrency adoption. This end-to-end system is also open source, something the team believes to be an important feature for any project building in the cryptocurrency space. Pundi X initially plans to distribute merchant hardware to a select demographic for free. Pundi X's bundle of products (e.g. point-of-sale devices, bank cards, etc.) plan to be gradually announced and sold to merchants and consumers.

Technology

Pundi X intends to build a robust offline, point-of-sale cryptocurrency sales network by supporting three specific customer use cases: peer-to-peer cryptocurrency payments, purchasing cryptocurrencies, and payments denominated in cryptocurrency. Pundi X consists of three unique products: a mobile app that supports crypto-to-crypto and crypto-to-fiat exchanges and crypto purchases; a debit card used for purchases at Pundi X point-of-sale devices; and the Pundi X platform that simply consists of hardware products used by merchants. Every Pundi X device is connected to the Ethereum and NEM blockchain via XPlugins. Transactions using Pundi X's hardware relies on PXS to pay gas fees. PXS is a proof-of-stake token distributed via an initial coin offering, and stakeholders are rewarded with new tokens each month during a three-year, post-ICO phase.

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