Monthly report: a recap of activities in February 2024
As we usher in the Lunar New Year, welcoming the year of the dragon, we are excited to share the latest achievements and developments in February. Our commitment to innovation and community engagement continues driving our progress, making cryptocurrency more accessible and practical for daily use.
Product Development Highlights
PURSE Ecosystem Pool Launch
In a significant move to grow the DePIN development and boost the XPOS ecosystem, Pundi X has launched a 1 billion PURSE Ecosystem Pool. This initiative, unfolding in 4 phases, aims to incentivize crypto transactions in physical outlets, expand participation, reward DePIN builders, and innovate real-world use cases.
XPOS Merchant & Distributor Portals Update
The XPOS merchant and distributor portals have been updated to support USDT deposit and withdrawal across multiple networks, including Ethereum, BNB Smart Chain, and TRON Network. This enhancement broadens the scope of transactions, facilitating greater flexibility and convenience for XPOS merchants and distributors.
$PURSE Token Listed on Bybit Spot Trading
We are proud to announce the listing of the $PURSE token on Bybit Spot Trading. This milestone is a testament to the growing recognition and adoption of the PURSE token within the crypto community.
Make crypto payments on XPOS to earn up to 5% decentralized cashback
Customers using p(x)Card to make the crypto payment on XPOS can earn up to 5% in random $PURSE rewards. This exciting opportunity further enhances the benefits of engaging with the Pundi X ecosystem.
XPOS Merchant Highlights
New Pundi X Crypto Exchange Store in Istanbul
Expanding our reach in Istanbul with a new Pundi X store, offering in-person crypto exchange services between USDT on the BNB Smart Chain, the Tron Network, or Ethereum, PAXG from Paxos, Bitcoin on both Mainnet or Lightning Network versus Turkish lira. This development underscores our commitment to enhancing crypto accessibility.
Exchange #PAXG for Turkish Lira
Exchanging #PAXG for Turkish lira at Aqua Flora XPOS crypto exchange store in Istanbul showcasing the practical use of cryptocurrency in the region. Ekin’s experience can be seen here:
Also exchanging PAXG for Turkish Lira at XMET XPOS exchange store in Istanbul:
Community and Events
X Spaces to discuss the PURSE developments
Pundi X participated in X Spaces, offering a deep dive into the future of the PURSE’s ecosystem, and discussing the roadmap and other exciting developments.
Listen here https://twitter.com/i/spaces/1YqJDgVaOBkGV
Scoin p(x)Card for #PAXG Purchasers
Customers purchasing PAXG at The Scoin Shop | The South African Gold Coin Exchange via XPOS will receive the Scoin p(x)Card, a crypto hardware wallet card, further bridging the gap between digital and physical gold investment.
Media Coverage and Partnerships
Our initiatives, including the launch of the 1 billion $PURSE token distribution, have garnered significant media attention, underscoring the impact of our efforts to boost Pundi X’s contribution of DePIN developmemts. Highlights include features on Crypto News and MPost, as well as our inclusion on the PAXOS PAXG ecosystem partner website here.
Billboard Ad featuring Pundi X and Paxos in Johannesburg
A Scoin billboard ad promoting PAXG from Paxos powered by Pundi X South Africa has been spotted in Johannesburg further expanding our visibility and engagement in the region.
Pundi X on KillerWhales TV Show
Zac Cheah, CEO & Co-founder of Pundi X, presented XPOS to the Killer Whales judges on their TV show, now available to watch. The episode will also be aired on Apple TV and Google TV, showcasing the versatility and potential of XPOS to millions of people worldwide.
DePIN & XPOS Reshaping Real-World Assets
Discover how DePIN & Pundi X are reshaping the landscape of real-world assets alongside Paxos, Scoin, and Ezee Solutions.
OffChainTokyo Community Meetup
Pundi X has sponsored the OffChainTokyo community meetup held at WeWork Ark Hills South, Japan. This event featured special guest Kojiro Hirate from Sei Network and showcased the XPOS.
DePIN discussion in Mandarin on X Spaces
Pundi X engaged with the Chinese crypto community in an XSpaces session organized by B² Network. We spoke about DePIN and Pundi X, highlighting our efforts to expand the ecosystem and overall vision for the future of decentralized payments.
https://twitter.com/i/spaces/1ypJdkoyklqGW?s=20
We also participated in Function X XSpaces, discussing Pundi X and DePIN alongside other DePIN projects within the Cosmos ecosystem.
https://twitter.com/i/spaces/1vAGRvzygryGl?s=20
SATSDay Bitcoin Giveaway Winners
The new round of the SATSDay Bitcoin giveaway winners has been announced, celebrating the engagement of our community members.
February marked another milestone for Pundi X, as we continue to promote crypto adoption awareness and drive adoption in the blockchain space. We are grateful for the ongoing support of our community and partners, and we remain committed to our mission of making blockchain technology more accessible to all. As we look ahead to the coming months, we are excited to build upon our progress and deliver even more value to our users and stakeholders. Do stay tuned to see our progress towards a more decentralized future.