f(x) token allocation unveiled

To kick off the development of f(x) blockchain ecosystem, Pundi X, the creator of the Function X ecosystem, will initiate 378,604,524 ERC20-compatible f(x) tokens from TGE (Token Generation Event) and details of the token allocation can be seen below:

65% of the f(x) tokens of the TGE will be allocated to holders of NPXS / NPXSXEM for their ongoing support of the Pundi X project and its initiatives. It will be distributed as follows:

• 45% [170,372,036 f(x) tokens] is allocated for converting to the f(x) tokens.
• 15% [56,790,678 f(x) tokens] is allocated to holders for staking to receive the f(x) tokens.
• 5% [12,304,647 f(x) tokens] is used for extra bonus tasks for NPXS and NPXSXEM holders to perform.
• 20% is catered for the Ecosystem Genesis Fund.

Ecosystem Genesis Fund is intended to be used for the growth of the ecosystem such as developer partnerships, token listings on the exchanges, f(x) infrastructure service providers, etc.

The remaining 15% will go to the engineering, product development and marketing of the f(x) ecosystem.

Holding NPXS/NPXSXEM is the only way to receive the f(x) tokens in the next few months.

For more details of the Function X ecosystem, please visit https://www.functionx.io.