Cryptocurrency

Pundi X Launches $1 Billion PURSE Ecosystem Pool to Empower DePIN Development and Community

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Pundi The plan also supports the development of Decentralized Physical Infrastructure Network (DePIN).

$1 billion PURSE ecosystem pool

Singapore-based blockchain technology company Pundi The plan also aims to position Pundi

The $PURSE ecosystem pool is set to be deployed in four stages.Each has a specific focus and purpose.

The $PURSE ecosystem pool is set to be deployed in four separate phases, each with a specific focus and purpose.
The $PURSE ecosystem pool is set to be deployed in four separate phases, each with a specific focus and purpose. Source: Pundi

This is known as the first step. “Strengthening transactions” With the goal of increasing cryptocurrency transactions and improving user engagement through XPOS, we will allocate 100 million $PURSE tokens to incentivize existing p(x) card holders and task achievers.

In the second step “Expanding Participation” Pundi Club PURSE, a decentralized marketplace within the Pundi The initiative aims to create a mutually beneficial environment for sellers and customers to interact, making transactions more convenient for all parties involved.

third step, “Providing incentives for contribution” We are encouraging continued community participation by introducing staking rewards that will give away 300 million $PURSE tokens to Club PURSE members, XPOS sellers and wallet users. This move aims to strengthen the participation and commitment of the Pundi X community.

final step, “Innovate the future” This is perhaps the most exciting, as it signifies Pundi X’s commitment to continuous innovation. With 400 million $PURSE tokens, the company aims to drive the evolution of cryptocurrency incentives and shape the future of the cryptocurrency payment ecosystem. Specific details of this phase have not yet been revealed, but it reflects Pundi X’s forward-thinking approach and commitment to remaining at the forefront of blockchain technology.

Zac Cheah, CEO and co-founder of Pundi “This strategic $PURSE ecosystem pool is a testament to our commitment to building a decentralized marketplace that aligns the interests of both suppliers and consumers and fostering a vibrant and engaged community. It also plays a pivotal role in advancing the vision of distributed physical infrastructure networks using XPOS.”

Pundi Pundi X, which currently operates over 15 cryptocurrency stores, is making progress in introducing cryptocurrency payments into its physical stores.

Pundi

Pundi The $PURSE ecosystem pool is a bold move that not only rewards the community, but also paves the way for future innovation in the world of cryptocurrency payments and exchanges. Those interested in learning more about this initiative can find additional information on the official Medium page.

Also read: Unprecedented surge in real-world Web3 use cases in 2023: Alchemy Report

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