Xpos continues to use PUNDIX for TX’s & fee’s as it works now, It’s home Network will be PUNDIX-FX core network the same as the coins, but like our coins are multi network; so is the XPOS in order to TX with many networks; it’s how I believe it works @zaccheah correct me if i’m wrong.
So, litterally nothing other than the rebranding and the merge of the 2 network change.
How much time will we leave for people to migrate their coins ?
How is it going to work for FX validators ? (having FxClassic tokens)
Regards/
FrenchXCore
yes everything is mostly as is, just on ONE chain, this is just to ask people if they entertain the Idea; The actual Proposal and hard details will come as we get closer to launch the Blockchain vote. I believe Zac said the access to move Old Fx they will hold the door open in some fashion - No Soldier left behind was my request in talks with the team.
Hi Zac,
I have some questions for clarity as a long-time hodler:
- Optimizing Technical Integration:
- How do you envision maximizing the technical benefits of integrating Function X and Pundi X Chain into Pundi FX? Are there specific measures in place to minimize potential technical challenges and ensure a seamless transition?
- Support for Developers and Applications:
- How do you plan to support existing projects and applications during the transition to the new Pundi FX platform? Are there initiatives to ensure compatibility and continuity in service delivery?
- Clear Communication and Investor Engagement:
- How will you communicate changes in token names and potential token redenomination to investors and users? How will you ensure this transition is positively understood and adds value to our investments?
- Potential in AI Integration:
- What specific opportunities and advantages do you foresee in integrating AI with blockchain through Pundi FX? How do you plan to address any concerns regarding security, privacy, and efficiency of AI technology?
- Promoting Acceptance of Tokenized Assets:
- How will you market the benefits of accepting and using tokenized real-world assets to merchants and consumers? Are there strategies in place to build trust and encourage increased adoption of these new opportunities?
- Transparent Governance Structures:
- How will you ensure that governance processes within the expanded Pundi FX ecosystem are transparent and considerate of investor interests? How do you plan to actively involve investors in decision-making processes?
These questions are aimed at gaining clarity on how the proposed changes will benefit long-term investors like myself, while also addressing potential challenges and ensuring a positive path forward for Pundi FX.
Best regards,
[i use transtalor from spanish]
I’ve always thought it could be interesting to have a decentralized exchange and that decentralized exchange could be the software integrated into the XPOS. That an XPOS would be the physical interface to, without KYC, access the decentralized exchange. If not, in that decentralized exchange, subsequently, with the XPOS OS, it would be less expensive for, for example, the OS of any device to just be a wallet or an application to connect to the full Spot DEX that would be on the Pundix FX in this case.
I don’t believe there are any Critical problems with this Upgrade, The Individual projects & Coins have their strong suits, the FX network has the Governance EVM network in a very strong position, The PUNDIX has the Brand and Xpos payments network & great exchange power, Nothing supper critical needs to change in the way each project/Coin is functioning; They just want to combine our strengths.
As they are it’s causing I imagine double handling in regards to incorporating 2 slightly different networks to connect our everything; the PUNDI x Chain governance would not be good enough to advance on in any quick fashion - this hold PUNDIX Back, we Have one with governance power & one with product power. We can do nothing and hope for the best, or do what people have been asking for & do something. do we want the slow road or hit the highway on 1 bus.
This conversation will go until the end of June; after then the decision will be made if they move ahead with this plan.
Hi Zach,
I’ve been investing in and holding Pundi X since early 2018. In my opinion, Pundi X is trying to do too much and is spread too thin. There needs to be one unifying token, period. Get rid of FX and PURSE, and consolidate all efforts and resources into Pundi X. This will strengthen the brand and marketing, driving growth and opportunities. It’s crucial to focus now more than ever.
Please stay on topic, "
" This is a plan to merge Networks only"
There will be “No Coin Merge”, the project and coins have their set agenda, they will not be changed, they are not burdened by their own jobs. the network configuration is the sticky point, the merge of networks resolves a lot of issues and make new prospects available, But a Coin Merge is not on the table.
Do whe have to redalegate now
Nothing to do yet this is just a conversation
If your asking about FX, it will most likely just be automatically sorted.
It’s important that Pundi-FX serves as the foundation for XPOS transaction, so YES.
David, good stuff.
For AI integration, what’s important is to build a real use case for AI that needs crypto, blockchain and decentralised application. Right now in the market, too many AI projects are superimposing crypto without a proper use case.
For the other questions, we’ll run a Spaces AMA this month or early next to address it.
No redelegation is required. It’s still very early stage of discussion, so details will emerge along the way, and delegators will NOT be short changed. No dilution.
Just thinking out loud … may be reverse split fx when we do this so that it will over 1$. And apply for binance listing ?
I want to invite everyone to join our X Spaces session tomorrow, where we will discuss more about this topic.
If you have any questions, you can also comment on the X post.
Been also thinking the same man. Good someone said it. If fx token does same as pundix token before, the price of FX will look higher. Its better that way and making the fx supply a smaller number is always more attractive to others. High token supply number scares people.
Im in for a redomination for fx, same one pundix did.
With the rebrand, could the team contact dextools to include the chain in their app?
Thank you.
Good idea, the Dextool app, as I understand it, has a lot of impact worldwide for DeFi chains. We need to gain traction with more users.
Certainly helpful if we want to expedite listing in the Korean market. Korean exchanges are known to be more open to token/btc pair over the past year and a, say $100/btc is easier to price than a $0.1/btc pair, as a single sat movements will cause a large fluctuation for the latter. As for Binance they are probably indifferent.
Another “side benefit” if we do a reverse split is that we can take the opportunity to work with existing exchanges to launch some campaign, could help visibility.
Yea, for sure. Dextools and dexscreener. @Peng will reach out to them.
More detailed info on X Spaces happening in 10 hours at 20:00 GMT+8!
Thanks you @zaccheah
Unfortunatly, due to work, i could not participate the merger session.
So i listened back yesterday evening.
Great AMA and very clear.
Two questions though (to make sure i understand everything right):
-
the pundix validators will retire after the merge.
Does this mean that there will be no more option to delegate pundix at all?
Or will there be option to delegate our pundix in some other way? -
Will $fx have some sort of reverse redomination? Let’s say i have 1000 fx now and after the merge it will be 10,000 or 100,000? Not sure of i understood that part correctly?
And one more question:
What about f(x)Wallet? Are there thoughts about rebranding or re-naming the wallet also to e.g pundifx wallet orso?