Important questions from the Turkish community

Hello @Serhatx

(3).
Yes, if a community individual (aka whale) cannot help reach the goal, we can bring the needed tokens, still, we hope a community individual would take Zac’s offer.

(5).
Since we cannot predict future transactions of the XPOS, we can work on increasing them by setting up a network of distributors and various countries and helping the XPOS reach a bigger user-base.
When it comes to the XPOS fees, any merchant can set their own fees in the Pundi X Merchant platform. Now let’s have an example of a merchant who has set a 5% fee on their device. If any customer pays with any crypto asset linked in the XPOS, a small part of that fee will be burned, and a higher part will be given back to the merchant. Let’s take a scenario where someone buys 100$ worth of groceries with ETH. The total being paid by the customer is 105$, where 35% of the 5$ fee will be burned an 65% of the 5$ fee will go back to the merchant.
The burn process isn’t instantaneous though, we collect the burn fees and every quarter we buy-back the equivalent amount of $PUNDIX and burn it.

(6).
Doing your own research is one important step one can take when joining a new project, investing blindly is one of the bad practices that the blockchain space hasn’t fully learnt yet, but we hope and believe that people can learn from mistakes and inform themselves before jumping into trades in the future.

(7).
It took us three years to get where we are currently, so for any project looking to follow our path there is a certain time and resources they need to invest to get where we are, and still, we have the upper hand. But any new crypto-POS project is welcome, crypto adoption is good for everyone in this space and we believe everyone benefits from it.

(8).
Our Function X Blockchain is made of two types of nodes:
Full nodes aka Validators: They validate transactions and run on proof of stake
Service nodes: They provide services and run on proof of service. Service nodes are not involved in block creation like full nodes.
All XPOS devices are going to be service nodes.

(9).
Our commitment to El Salvador was part of a deal with their government to celebrate the new developments of accepting bitcoin as legal tender. While we cannot promise any deals with Turkey as of now, we are certainly interested to be part of such a deal once Turkey decides to ease the laws on cryptocurrencies.

(10).
Yes, you’ll be able to delegate your tokens to various validators across the network.

(11).
The PR reward token will be given to holders of $PUNDIX and holders of $NPXSXEM(Which will be swapped entirely to $PR).
A Reward token allows users to participate in NFT auction and airdrop, discount vouchers, gamification items, collectibles and more. This reward token will benefit active token holders because to claim the reward token one has to move $PUNDIX from ERC-20 into Function X and stake. We may bridge the reward token to BEP20 to take advantage of Binance’s ecosystem.

There are a few questions I haven’t touched yet, and I’ll leave them to the rest of the team. (1,2 and 4)

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