Pundi X – The Walmart of Cryptocurrencies =

Pundi X wants to ensure a giant leap in the mass adoption of cryptocurrencies. “Buying crypto should be as easy as buying water” is their motto. Pundi X wants to become the Walmart or 7-Eleven of the blockchains by acting as the crypto payment medium. These sky-high ambitions are not unfounded. With working products that are already in various stores, the team shows that they can easily live up to these expectations. Read in this article an explanation about Pundi X, how you can buy Pundi X and what the potential is of this promising project.

>> Pundi X is part of our 10 best cryptos for 2018.

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  • What is Pundi X?
  • Features NPXS
  • Team, advisors and partners
  • roadmap
  • Popularity
  • Points of improvement
  • Suitable Wallet for the coin
  • Conclusion
  • Buy Pundi X

What is Pundi X (NPXS)?

The team behind Pundi X has the ambition to become the largest decentralized network of payment systems worldwide. Currently everyone is talking about crypto as the new money, but if we are very honest, we can hardly pay anything with it yet. Shop owners are not going to just put a Bitcoin wallet on their company computer so that you can transfer Bitcoins to it via your mobile app. Moreover, it can also take a few minutes to an hour for your Bitcoins to arrive on this wallet.

Pundi X will ensure that it will soon be a piece of cake to pay for your coffee with cryptocurrencies. They have already developed several products for this. Watch the video below to immediately get a feel for what the project stands for.


700,000 working products

The team behind Pundi X has indicated that they will initially focus on Indonesia. With 250 million inhabitants, this country is the largest country in South-East Asia and perfect for testing their first products. However, this does not mean that retailers from other countries cannot use the product. During the ICO, they promised to ship 100,000 to 700,000 POS systems to at least 12 different countries over the next three years. Mass production already started in February and the plan is to have sold 100,000 products to retailers around the world within twelve months. There are three products with which Pundi X mainly distinguishes itself:

  1. The Pundi XPOS System
  2. The Pundi X Wallet
  3. The Pundi X Card Payment System, XPASS

1. The Pundi XPOS System

If you have seen the video above, you have already been able to form a picture of what the Pundi XPOS system is. In fact, it is an ATM, as we are used to in stores, but with the option to pay with cryptocurrencies. In addition, it is also possible to pay with traditional mobile wallets such as Alipay.

It is very attractive for shops to use the XPOS system (see image), because it ensures that their customers can pay in all kinds of different ways. In any case, they attract a large group of crypto enthusiasts in this way. However, this is not the only advantage of the XPOS system. Below is a brief overview of all the advantages for a retailer to use the Pundi XPOS System in their store: The Pundi XPOS system:

  • Enables merchants to accept cryptocurrencies as a means of payment.
  • Supports Bitcoin, Ethereum, ERC20 tokens, Pundi X, NEM, Qtum, Achain, Stellar Lumens and more.
  • Supports payments from various crypto wallets, such as Qbao, X Wallet, NEM wallet, and more.
  • Supports loyalty/membership management systems.
  • Provides support for cryptocurrency payment cards, such as the Pundi XPASS card (more on this later).
  • Easily track all finances.
  • Gives the ability to buy and sell crypto.
  • Supports a variety of other mobile payment applications, such as Alipay, E2Pay, Go-Pay, Pundi-Pundi and WeChat Pay.
  • Provides easy access to other financial services providers.
  • Provides support for external logistics service providers.


2. The Pundi X Wallet

The number one goal of Pundi X is to make it as easy as possible for anyone to use crypto as money. They are aware that it is not convenient for us crypto investors that we have to download all kinds of different wallets for all the different cryptocurrencies. They have therefore built a wallet on which you can store different cryptocurrencies side by side. Moreover, you can also store your fiat on this.

3. The Pundi X Card Payment Systemm, XPASS

The crypto company has also released a crypto payment card, the XPASS. Just like the mobile app, this card can be used to make simple payments. What is particularly special about this is that before you pay for your coffee, for example, you can see how much euros the crypto coin is worth when you want to pay with it. This way you can always pay with the crypto coin that brings the most value for that moment.

This is not the only advantage this brings. The following sentence from Pundi X’s white paper sums this up nicely: ” Most cryptocurrencies can only be used by buying other cryptocurrencies, which makes their relevance to most people 0. ” It is therefore very interesting for other crypto projects to enter into a partnership with Pundi X, because it gives them the chance to be accepted as a means of payment independently of Bitcoin.

The Token of Pundi X: NPXS

The ICO of Pundi X took place on January 21. This roughly coincided with the first major blow to the crypto market since the December rally. Yet the ICO was sold out within 90 seconds (!) and the hard cap of $ 35 million was reached.

The token that was sold here is called NPXS. The token is based on Ethereum and therefore an ERC20 token. The value is mainly derived from the number of transactions made through the XPOS system. For each transaction, a small amount of NPXS is destroyed. Other reasons why users would want NPXS and why its value is therefore increasing are:

  • It costs NPXS to get your coin on the XPOS system. For example, Qtum had to pay a large sum of NPXS for this.
  • Loyalty programs (for example, saving points at stores to get a 10% discount) are paid in NPXS.
  • Ads on the XPOS devices are paid in NPXS.
  • Future products will be paid in NPXS.
  • And more.

The larger the Pundi X ecosystem grows, the more demand there will be for the token.

Token Distribution

The tokens are distributed as follows after the ICO:

  • 66.67% is held by the public.
  • 16.67% is owned by the founders.
  • 13.33% is managed by the company.
  • 3.33% goes to advisors and marketing.


Features NPXS

Token symbol


Total number of tokens

281 billion

Number of tokens in circulation

87 billion

Price during ICO


token type

ERC-20 (based on the Ethereum protocol)

Hard cap sales of tokens

$35 million

Funds raised during ICO

$35 million

Team, advisors and partners

To me, ideas are worth nothing, unless executed. They are just a multiplier. Execution is worth millions
– Steve Jobs –

And that is why the paragraph about the team is always very important. An excellent team ensures an excellent execution. The Pundi X team consists of no less than 150 people. They indicate on their website that half of these focus on Research & Development. They have offices in Jakarta, London, Taipei, Shenzhen and Singapore. Almost all of the biggest names have one thing in common: they are programmers turned serial entrepreneurs.

The one exception to this is the CEO himself, Zac Cheah. Apparently he is aware that he misses this experience and it is therefore smart that he has surrounded himself with people who complement him in this. Following are the three main names with their experience. You will also find a short video in which you can get to know Zac Cheah a little better.




Zac Cheah

CEO and Co Founder

  • Former W3C Chair of HTML5 Interest Group.
  • Master (M.Sc) in Computing (Sweden) and Master in Security (Norway).
  • 12 years of technology experience in browser and mobile gaming market.

Pit Huang


  • Serial entrepreneur who sold his first Groupon-like business at 25.
  • Started and sold several companies, including one with 200 employees.
  • Bachelor (B.Sc) in Engineering.

Constantine Papadimitriou


  • 17 years of experience as founding CEO at two Indonesian fintech companies – Infinetworks and E2Pay.
  • Masters (M.Sc) in Computer Science.


Pundi X is well on its way to attracting as many (blockchain) companies as possible. Major crypto coins such as Stellar, NEM and Qtum already see the added value in the project and have entered into a partnership. They are certainly not alone in this. The image below shows which other major partners have already committed to Pundi X. This picture doesn’t even include all partnerships. For example, they have also partnered with Wanchain to become the payment network in their super financial markets. All these partnerships are very promising for the future of Pundi X.



The roadmap of Pundi X is nice and ambitious. The team is currently working primarily to open offices in both North and South America. The focus is on creating as many XPASS cards as possible and we are also working hard to deliver as many XPOS systems as possible worldwide. It is nice to see how they set themselves tough deadlines for this, which gives the impression that they are going for it 100%.


Q2 2018

    • Offices in Tokyo and Seoul.
    • Offering 2000 XPOS systems for pre-orders.
    • Deliver 4000 XPOS systems for corporate orders.
    • Deliver 300,000 XPASS cards.
    • Set up Pundi X Foundation for transparency.

Q3 2018


  • Offices in North and South America.
  • Handle the NXPS swap.
  • Establish banking and government partnerships for the XPOS and XPASS roll-out.

Q4 2018

    • Launch annual XPOS Summit.
    • Launching 3rd party apps on XPOS.
    • Deliver 20,000 XPOS systems for corporate orders.

Q1 2019


  • Delivered at least 50,000 XPOS systems.


Popularity and community

What we really like to see about Pundi X is that they have an eye for marketing and their community. They seem to realize better than anyone that there is little more important in the world of crypto than loyal followers. Especially the number of Facebook followers they have is immense with 105,000. Their other channels are a bit behind compared to this, but for a cryptocurrency that focuses on Indonesia, these are impressive numbers. In the table below you can take a look at their social media channels.

Popularity NPXS (July 2018)








2.1k readers

Points of improvement

With such ambitious goals, it is very important for Pundi X that they continue to develop very quickly. At the moment they seem to have this well under control, but they only need to relax a little and they are overtaken by other projects such as TenX and Monaco. The success of the project is highly dependent on the adoption of the product.

In addition, the founder is still fairly inexperienced in the world of crypto and as an entrepreneur. Although he largely solves this by building a team around him that is better specialized in this, it remains to be seen whether this will not break up the project.


Pundi X is a very promising project and especially the speed of execution is impressive. They already had several working products even before launching the ICO. Moreover, they have great ambitions that they seem to work hard for. With a mindset like this, they could just manage to capture a large market share in the field of crypto payment systems. Moreover, they have already managed to bind very large partners. It gives confidence that leading projects see the added value in using Pundi X. We are therefore a fan of the project and have therefore included it in our top 10 best crypto for 2018.

How do I buy Pundi X?

Buying Pundi X on Bitvavo is a piece of cake. Within minutes and for less than a euro you can be the proud owner of NPXS.

  1. Register here for free at Bitvavo
  2. Verify yourself by clicking on your name in the top right corner and then go to ” Verification “.
  3. Transfer money via iDeal. You do this by clicking on ” Deposit Euros “.
  4. Then enter the amount and choose iDeal as payment option so that the money is in your Bitvavo account within a minute. Then click on “Pay”.
  5. If you click on ” Overview ” afterwards, you will see the money.
  6. Find NPXS, click on it and then press “Buy”.
  7. Invest the amount you have in mind in NPXS.
  8. Congratulations! You have purchased NPXS!
    Don’t forget to save your username and password

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