At Pundi X, we believe that tokens are most useful when they are widely used to the extent practicable. In the case of accessing, managing and paying with a range of different cryptocurrencies, a wide distribution is also critically important for network security. Unfortunately, not everyone have spare time, opportunity, and technical proficiency necessary to get on the earliest moments of a token generation’s events.
In Pundi X’s case, 4% has been set aside from the total issuance, ready to be distributed by an automatic airdrop. That is, now every address on the Ethereum blockchain that has a balance over a minimum threshold of 0.1 ETH will receive a share of this 4% that is proportional to their share of ETH.
For every 1 ETH that you hold, you can receive 30000 NPXS tokens as an airdrop. Existing NPXS holders will also benefit from this airdrop, for every 1 NPXS that you already have, you can receive an additional 0.3 NPXS.
Exchanges will not support the NPXS airdrop and we will not be able to airdrop the tokens to your wallet. In order to receive the NPXS airdrop you need to:
1. Have a personal Ethereum wallet (like MyEtherWallet, Parity and etc.) where you hold the actual private key.
2. Withdraw your NPXS and ETH balance from the exchange you have them on your personal wallet.
3. Enter your address, balance and follow the steps above to charge your tokens.
Pundi X is the project that wants to make spending crypto as easy as a credit card. Creators of the NPXS token hope that it will one day be used on their Ethereum-based Point-of-Sale devices. This approach could give basic banking services to underdeveloped regions like Latin America and Indonesia.