Pundi X (PUNDIX) Price

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Contract Address

ETH 0x0fd10b9899882a6f2fcb5c371e17e70fdee00c38

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About Pundi X (PUNDIX)

Pundi X, a blockchain startup that aims to make cryptocurrencies an enabler of ubiquitous cashless payment environments across South East Asia, has successfully closed its pre-token sales with a total of 3,148 ETH, 613 BTC and 250,040 XEM — equivalent to 14,000 ETH or 4 million US Dollars — raised from 615 purchasers. The full public token sale will commence on November 20, 2017.

The pre-token sales cap for the Pundi X token sales is 5% or 14,000 ETH from a total token sales hard cap of 280,000 ETH. ETH are exchangeable with PXS Tokens at a rate of 1 ETH: 500 PXS. Renowned angel purchasers in the pre-token sale include David Lee Kuo Chuen and Lon Wong. Chuen serves as a Professor of Quantitative Finance and is an behind ZCash, Qtum, TenX, InfoCorp and OmiseGo; Wong is the President of NEM.io Foundation and CEO of Dragonfly Fintech. Nem currently ranks 7th in the Coinmarketcap.

“We are truly grateful to achieve our presale target thanks to the commitment of hundreds of enthusiastic purchasers,” said Zac Cheah, CEO of Pundi X. “Such huge community support gives the team a great deal of pride ahead of the full public token sale, which we will see institutional backers getting involved for the first time.”

Pundi X aims to solve the last mile challenge for cryptocurrency purchases and sales. The company’s business builds on the existing Pundi-Pundi business model of cashless payment systems, which enables smartphone users to scan QR codes and makes instant payments in retail and restaurant outlets. Pundi-Pundi has already signed up more than 100,000 registered users and over 500 merchant partners in Jakarta in less than a year of operation.