Pundi X (OLD) Price (NPXS)

Pundi X (NPXS) is the native utility token that powers the Pundi X platform. According to the website, “the mission of NPXS is to enable digital currencies to be more accessible to more people across the borders and further increase the utility of digital currencies.” To accomplish this, Pundi X has built an ecosystem including hardware equipment and software products to help physical retail stores to buy, sell, and accept cryptocurrency.

The primary hardware product is the Pundi XPOS, a blockchain-enabled point of sale (PoS) device for merchants which can facilitate crypto payments and transactions through mobile wallets. In addition to processing transactions, Pundi XPOS has its own app store where developers can create applications (such as wallets, insurance services, loyalty programs, retail intelligence, order management, and inventory management systems) for retailers to grow their businesses. NPXS tokens are required to publish an app on the Pundi XPOS app store.

The company plans on rolling out a minimum of 100,000 XPOS units to the global retail market by February 2021. According to the company, the PoS device has already been shipped to over 30 countries including Australia, Colombia, France, Korea, Switzerland, South Africa, Taiwan, United States, and Uganda.