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Topic: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency - page 44. (Read 99310 times)

full member
Activity: 462
Merit: 100
Regardless of BTC price going up or down and regardless of Pundi X price going up or down - what exactly is the Pundi X team doing? Are they making progress?

Guess they are focussing on two things right now first releasing xPhone and second moving NPXSXEM to Binance chain (BEP-2). And IMO just those 2 things are not enough for the price movement.


What would you say is a good plan for them to implement which would satisfy investors as well as show they are making real progress in the real world?

Develop their own independent chain for NPXS without piggybacking off ETH or Binance Chain, and possibly some restructuring of token supply/rewards
to increase the price of NPXS is to build more communities and users of NPXS, because with a total supply of 261.8 billion NPXS it would be difficult to rise if Pundi X only had a few traders and investors
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Regardless of BTC price going up or down and regardless of Pundi X price going up or down - what exactly is the Pundi X team doing? Are they making progress?

Guess they are focussing on two things right now first releasing xPhone and second moving NPXSXEM to Binance chain (BEP-2). And IMO just those 2 things are not enough for the price movement.


What would you say is a good plan for them to implement which would satisfy investors as well as show they are making real progress in the real world?

Develop their own independent chain for NPXS without piggybacking off ETH or Binance Chain, and possibly some restructuring of token supply/rewards


That would be hugely problematic for two reasons...

First: That would be digressing too far away from the Pundi X project (XPOS devices)
Second: Having their own chain would put them in as direct competitors to Ethereum and Binance Chain, it would be a battle Pundi X would never win.
hero member
Activity: 1638
Merit: 507
The snake which cannot cast its skin has to die
Regardless of BTC price going up or down and regardless of Pundi X price going up or down - what exactly is the Pundi X team doing? Are they making progress?

Guess they are focussing on two things right now first releasing xPhone and second moving NPXSXEM to Binance chain (BEP-2). And IMO just those 2 things are not enough for the price movement.


What would you say is a good plan for them to implement which would satisfy investors as well as show they are making real progress in the real world?

Develop their own independent chain for NPXS without piggybacking off ETH or Binance Chain, and possibly some restructuring of token supply/rewards
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Regardless of BTC price going up or down and regardless of Pundi X price going up or down - what exactly is the Pundi X team doing? Are they making progress?

Guess they are focussing on two things right now first releasing xPhone and second moving NPXSXEM to Binance chain (BEP-2). And IMO just those 2 things are not enough for the price movement.


What would you say is a good plan for them to implement which would satisfy investors as well as show they are making real progress in the real world?
hero member
Activity: 1050
Merit: 501
Regardless of BTC price going up or down and regardless of Pundi X price going up or down - what exactly is the Pundi X team doing? Are they making progress?

Guess they are focussing on two things right now first releasing xPhone and second moving NPXSXEM to Binance chain (BEP-2). And IMO just those 2 things are not enough for the price movement.
full member
Activity: 560
Merit: 101
NPXSXEM BEP2 Token Swap Guide
https://medium.com/pundix/ann-npxsxem-bep2-token-swap-guide-48d177470dd5

NPXSXEM is now migrating to Binance Chain as announced on June 21. The current total supply of NPXSXEM is 67,725,825,819.45 and will be swapped 1:1 to the Binance Chain, becoming BEP2 tokens.

legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Regardless of BTC price going up or down and regardless of Pundi X price going up or down - what exactly is the Pundi X team doing? Are they making progress?
full member
Activity: 462
Merit: 100
About Q2 announce:  NPXSXEM Total Supply  9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? Smiley

As far as I know, the max supply of NPXSXEM was around 106B so maybe they are removing tokens from there?
should be more attention is NPXS, because the main product is Pundi X, investors and traders are waiting for NPXS to rise again,
but even though good news is approaching, NPXS is down 12% today
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Any POS devices news from Pundi X?

What is their POS strategy for retail outlets?
member
Activity: 700
Merit: 12
About Q2 announce:  NPXSXEM Total Supply  9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? Smiley

As far as I know, the max supply of NPXSXEM was around 106B so maybe they are removing tokens from there?

Even the supply seems to be very high which they are removing very fewer numbers of the token, in order to increase its price it will take many years to remove the supply. Now, what was the exact amount are they going to deduct from their supply?
hero member
Activity: 1050
Merit: 501
About Q2 announce:  NPXSXEM Total Supply  9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? Smiley

As far as I know, the max supply of NPXSXEM was around 106B so maybe they are removing tokens from there?
hero member
Activity: 1638
Merit: 507
The snake which cannot cast its skin has to die
https://medium.com/pundix/34-billion-of-npxs-and-npxsxem-token-removed-13c191077f4f

NPXS has removed 5,127,495,573 tokens from its total supply:

https://etherscan.io/tx/0x9b206e488486bde20dd9f144b033d1c68cdb50401b8de1c1308bcf2d249a6ebf


NPXSXEM has removed 29,306,025,169 from its total supply:

pundix:npxs (http://explorer.nemchina.com/#/s_tx?hash=22898b88afcfd703ae7b032d32c4b2e7a06a5b8edb152c24095dc3bfca7e47a0)
pundix:npxs1–11 (http://explorer.nemchina.com/#s_tx?hash=16afcf255ff42eda1e37739df263d8e2c43b014a95ae590d204b8db8fdcb97dc)
pundix:npxs2–11 (http://explorer.nemchina.com/#/s_tx?hash=8351b5b15bf4767f7d498c411fb80a15eed04b8b9b5266b526fd8b356e451cbf)
pundix:npxs3–11 (http://explorer.nemchina.com/#/s_tx?hash=1aecc2635b11de5e73b223a2b1af8cd40f44fe37cd1dcafae258df9e8ec09d45)
pundix:npxs4–11 (http://explorer.nemchina.com/#/s_tx?hash=c2b9c0294cc0bab851b1bf2d29132852ff97cf583f16ffd7bb5a9aca5d719b06)
pundix:npxs5–11 (http://explorer.nemchina.com/#/s_tx?hash=f726dfcb8a4813a3681c2f0ab6655e4266c29e1cf06dffea3d5ef8ba61ef85e7)
pundix:npxs6–11 (http://explorer.nemchina.com/#/s_tx?hash=1935be56913dff1d174604fcbb1876d31e64ea55840d45f51bb190fd4acfb966)
pundix:npxs7–11 (http://explorer.nemchina.com/#/s_tx?hash=661535c8cbf92db547a4c6c33478679051b226e44edd0b73e09ba4622dad9e16)
pundix:npxs8–11 (http://explorer.nemchina.com/#s_tx?hash=f34ae0267b902b5c9d022223edf7b1c29185629f405a5f195f069f3a41284221)
pundix:npxs9–11 (http://explorer.nemchina.com/#/s_tx?hash=d880a13edba5a98f73289e9ab42b33b55f35357dc6c227845ba15c0f5abcbafd)
pundix:npxs10–11 (http://explorer.nemchina.com/#/s_tx?hash=27ddafaba8232c53e3c23c198e275f4549b3e9b4e1ebd8719efaf7a1fe6ad5ae)
pundix:npxs11–11 (http://explorer.nemchina.com/#/s_tx?hash=45f469e374ed1c7c15f2ae413b9364bbe77ec92e7c38c5f2046852eb45be375b)


The May 11th, 2019 burn (7.5B):
https://etherscan.io/tx/0xda889fbe1cb2447f07cee767f446d7683664184cdaf44700c14a53a69ca6c02f
hero member
Activity: 1638
Merit: 507
The snake which cannot cast its skin has to die
One of the ways of doing a token burn on ETH chain is sending to 0x0

https://etherscan.io/tokentxns?a=0x0000000000000000000000000000000000000000

Atm I'm not finding any tokens from npxs. but if someone can locate it. 


The NPXSXEM removal amount is 6,952,786,956.99 (6.9B)
The NPXS removal amount is 7,592,770,954.46 (7.5B)
In sum, we will remove 14,545,557,911.45 (14.5B) NPXS and NPXSXEM permanently from the total supply on May 11, 2019.

https://www.reddit.com/r/PundiX/comments/bkk2bq/pundix_announces_q1_145_billion_npxsnpxsxem_token/
https://medium.com/pundix/q1-2019-npxs-and-npxsxem-token-removal-77f8b90b0069



So I'm wondering if any burns have actually occurred at all Huh Because the explorer(s) don't seem to be reflecting these reports...

I'm not finding the transaction proof of the removals. Especially where the NEM explorer is showing that back in april npxsxem supply was 7B and the removal was supposed to be 6B in May... meaning npxsxem should only have a supply of 1B right now... but the explorer isn't updated so can we please get someone from the PundiX Team to give some accurate info ?
hero member
Activity: 1638
Merit: 507
The snake which cannot cast its skin has to die
About Q2 announce:  NPXSXEM Total Supply  9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? Smiley
http://explorer.nemtool.com/#/mosaic?m=npxs&ns=pundix
actually it's only 7,170,733,206
So seems there's some inaccurate information spreading on social...
Anybody have more accurate info ?

OK, the essence of the problem does not change Smiley

Well the better question is what's the official word from the PundiX team? that's what I haven't seen...

the originator of the tweet/posting of the token burn wasn't by the PundiX team themselves.

As far as I know, this information appeared after the AMA with Zac. I assume that he simply made a mistake, and everyone began to replicate his mistake without checking.

From the AMA: https://medium.com/pundix/recap-of-ama-with-zac-on-apr-12-b949270292bc

Q: Pundi X has mentioned a monthly coin burn and a monthly buy back. Why hasn’t this happened yet?
Zac: It is not monthly. We are doing a quarterly token removal.

--

I'm looking for more specifics on the amount tho
legendary
Activity: 3752
Merit: 1864
About Q2 announce:  NPXSXEM Total Supply  9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? Smiley
http://explorer.nemtool.com/#/mosaic?m=npxs&ns=pundix
actually it's only 7,170,733,206
So seems there's some inaccurate information spreading on social...
Anybody have more accurate info ?

OK, the essence of the problem does not change Smiley

Well the better question is what's the official word from the PundiX team? that's what I haven't seen...

the originator of the tweet/posting of the token burn wasn't by the PundiX team themselves.

As far as I know, this information appeared after the AMA with Zac. I assume that he simply made a mistake, and everyone began to replicate his mistake without checking.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
What new game changers are Pundi X planning to release?
hero member
Activity: 1638
Merit: 507
The snake which cannot cast its skin has to die
About Q2 announce:  NPXSXEM Total Supply  9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? Smiley
http://explorer.nemtool.com/#/mosaic?m=npxs&ns=pundix
actually it's only 7,170,733,206
So seems there's some inaccurate information spreading on social...
Anybody have more accurate info ?

OK, the essence of the problem does not change Smiley

Well the better question is what's the official word from the PundiX team? that's what I haven't seen...

the originator of the tweet/posting of the token burn wasn't by the PundiX team themselves.
legendary
Activity: 3752
Merit: 1864
About Q2 announce:  NPXSXEM Total Supply  9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? Smiley
http://explorer.nemtool.com/#/mosaic?m=npxs&ns=pundix
actually it's only 7,170,733,206
So seems there's some inaccurate information spreading on social...
Anybody have more accurate info ?

OK, the essence of the problem does not change Smiley
hero member
Activity: 1638
Merit: 507
The snake which cannot cast its skin has to die
About Q2 announce:  NPXSXEM Total Supply  9 000 000 000, or 9 billion. How can burn 29 billion of 9 billion ? Smiley

http://explorer.nemtool.com/#/mosaic?m=npxs&ns=pundix

actually it's only 7,170,733,206

So seems there's some inaccurate information spreading on social...

Anybody have more accurate info ?
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