THELOGICALINDIAN - This is a paid columnist absolution which contains advanced attractive statements and should be advised as announcement or promotional actual Bitcoincom does not endorse nor abutment this productservice Bitcoincom is not amenable for or accountable for any agreeable accurateness or affection aural the columnist release
JAKARTA, Indonesia – Pundi X, a blockchain startup that aims to accomplish cryptocurrencies an enabler of all-over cashless acquittal environments beyond South East Asia, has auspiciously bankrupt its pre-sale ICO with a absolute of 3,148 ETH, 613 BTC and 250,040 XEM – agnate to 14,000 ETH or 4 actor US Dollars – aloft from 615 investors. The abounding accessible Initial Coin Offering (ICO) will arise on November 20, 2017.
The pre-ICO cap for the Pundi X ICO is 5% or 14,000 ETH from a absolute ICO adamantine cap of 280,000 ETH. ETH are changeable with PXS Tokens at a amount of 1 ETH: 500 PXS. Renowned angel investors in the pre-sale ICO accommodate David Lee Kuo Chuen and Lon Wong. Chuen serves as a Professor of Quantitative Finance and is an broker of 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 absolutely beholden to accomplish our presale ambition acknowledgment to the charge of hundreds of agog retail investors,” said Zac Cheah, CEO of Pundi X. “Such huge association abutment gives the aggregation a abundant accord of pride advanced of the abounding accessible ICO, which we will see institutional investors accepting complex for the aboriginal time.”
Pundi X aims to break the aftermost mile claiming for cryptocurrency purchases and sales. The company’s business builds on the absolute Pundi-Pundi business archetypal of cashless acquittal systems, which enables smartphone users to browse QR codes and makes burning payments in retail and restaurant outlets. Pundi-Pundi has already active up added than 100,000 registered users and over 500 merchant ally in Jakarta in beneath than a year of operation.
Funds aloft by the auction of PXS Tokens during the ICO aeon will be acclimated to acquirement Pundi X POS accessories that will be installed in retail outlets enabling consumers to bound and calmly buy or advertise cryptocurrency application authorization money (Dollars, Rupiah, Baht, etc.), coffer card, adaptable wallet or Pundi X Pass. The purchased cryptocurrency can be stored in a agenda wallet or acclimated to accomplish cashless payments to top up phones, pay account bills or buy goods, accountable to bounded regulations in anniversary market.
Pundi X rewards able ICO investors with its apple aboriginal cryptocurrency transaction devices. From now until December 20, throughout the butt of the ICO, able investors with a 30 ETH or 1.5 BTC advance or added will anniversary accept a Pundi X POS device. POS accessories delivered beneath this action will be alien aural 45 canicule afterwards achievement of the ICO process.
The ambition for this ICO is to accession 280,000 ETH which will advice armamentarium up to 700,000 Pundi X POS accessories to be installed over a three-year aeon in Indonesia, Singapore, Hong Kong, Japan, South Korea, Thailand, Malaysia, Vietnam and added Asian markets, in band with the Pundi X business plan. The amount of anniversary POS accessory is about USD 300 and appropriately about USD 30 actor will be spent on rolling out the aboriginal 100,000 devices. The actual 600,000 accessories will additionally be adjourned by sales gain from tokens and acquirement from accommodating B2B merchants in the Pundi X ecosystem. Pundi X expects to accomplish a accumulation from casework offered by POS accessories including sales of cryptocurrency such as bitcoins.
About Pundi X
Pundi X is a blockchain startup that aims to accomplish cryptocurrency an enabler of all-over cashless acquittal environments above South East Asia and beyond. Pundi X POS enables shops, cafes and accessibility food to advertise cryptocurrency to a ample cantankerous area of consumers and builds on the success of Pundi-Pundi which is one of Indonesia’s best accepted QR cipher cashless acquittal apps. The Pundi X ICO will accommodate allotment for as abounding as 700,000 Pundi X POS accessories to be installed over the abutting three years above all ambition markets.
For a abundant compassionate of the belvedere and the aggregation abaft Pundi X, analysis out our website https://pundix.com
You can additionally acquisition us on our official Telegram Channel here: http://t.me/pundix
Media Enquiries:
For media enquiries, amuse accelerate an email to: [email protected]
Supporting Link
www.pundix.com
This is a paid columnist release. Readers should do their own due activity afore demography any accomplishments accompanying to the answer aggregation or any of its affiliates or services. Bitcoin.com is not responsible, anon or indirectly, for any accident or accident acquired or declared to be acquired by or in affiliation with the use of or assurance on any content, appurtenances or casework mentioned in the columnist release.
