Monthly report: a recap of activities in April 2024
As we continue our journey through 2024, Pundi X has been active globally, attending and participating in major events across the world. This month, we continue making progress in product development, expanding ecosystem partners, deepening our community engagement, and achieving key milestones that highlight our commitment to integrating blockchain technology into everyday transactions.
Product Development
Solana Integration on XPOS
April saw the successful integration of the Solana blockchain into our XPOS device. Users can now seamlessly buy and pay with USDT using Solana-supported wallets such as Phantom and Backpack. This integration enhances the flexibility and efficiency of transactions on the XPOS, making it more accessible to a broader audience.
Discover more about this development and access the tutorial for merchants on how to accept USDT payments on Solana here:
Additional details can be found on our Medium post.
$PURSE Token Trading on Osmosis
The PURSE token has expanded its reach within the Cosmos Ecosystem and is now available for trading on Osmosis. This listing at Pool #1695 pairs $PURSE with $OSMO, enhancing liquidity and trading options for our community.
Pundi X Chain Updates
Two governance proposals were passed
Proposal 5 is to have XPOS supporting Solana Chain. The community voted yes and this integration further enriches XPOS capabilities.
Proposal 6 is for a strategic move to lend 800M $PURSE tokens to Kronos Research for one year to improve token liquidity on centralized exchanges. This proposal was also successfully passed.
XPOS Merchant Highlights
New Pundi X Crypto Exchange Stores in Türkiye
A new physical Pundi X Crypto Exchange has opened at Kuyumcukent AVM, where over 3,000 jewelers, shops and money exchanges locate.
42nd Street and Yawa accepts crypto in South Africa
More stores join the XPOS family to accept crypto payment! Check out these cool top-tier streetwear stores in South Africa.
Bridging Crypto and Gold
Pundi X’s collaboration with the Scoin Shop in South Africa and PAXOS was showcased in a detailed discussion on the titc.io podcast with CEO Rael Demby. This collaboration highlights how XPOS bridges the gap between cryptocurrency and tangible gold, blending tradition with innovation.
Community and Events
Global Engagement and Progress Reports
Q1 2024 Progress Report: We conducted our Q1 2024 progress report live on YouTube, recapping significant milestones and answering community questions. The summary of this AMA can be found on our Medium.
Learn about Q1 2024 progress in the Turkish language in the following video created by Ekin:
Token2049 in Dubai: Despite unexpected floods, our team participated actively in the Token2049 event in Dubai, connecting with partners and sharing our vision.
A recap of the event is available:
Money20/20 in Bangkok: Our presence at the Money20/20 event in Bangkok allowed us to explore the latest fintech and crypto trends in Asia. Highlights included discussions with major industry players such as Sygnum Bank and Orbix Trade and Zac Cheah talk on stage.
Watch our journey:
Expansion of $PUNDIX Availability
In a significant development for our community, $PUNDIX is now available on Revolut, a leading global neobank. This listing makes $PUNDIX accessible to Revolut’s 40 million+ users across 150+ countries, dramatically increasing the visibility and availability of our token.
PURSE updates
SocialFi browser Plug-in “PURSE+” launched
PURSE hosted XSpaces to discuss ERC404 and SocialFi
PURSE airdropped to Pandora holders
Royal Battle rewards 250 million PURSE tokens to grow SocialFi user base
PURSE has been listed as one of the top ERC-404 projects
As Pundi X ecosystem continues to grow and innovate, we remain dedicated to our mission of making cryptocurrency transactions as common as traditional payments. Our global engagement and continuous product development are geared towards creating a seamless and inclusive financial ecosystem. See you next month!
