Pundi X (NPXS) is an ERC20 token that has an interesting airdrop system that gives out free tokens to eligible holders once monthly. If you don’t already know, this coin comes from the blockchain company that’s trying to make buying stuff with cryptocurrency as easy as purchasing a bottle of water, and they’ve developed a checkout system where any physical store or restaurant can easily accept payments with a number of digital currencies.
Pundi X (NPXS) is getting ready for launch
I’ll get to the airdrop in a moment, but let’s focus on this project’s near-term happenings. Sometime during the current quarter, their XPOS point of sales devices that have been pre-ordered will start shipping. With those devices, any brick-and-mortar retailer will be able to accept up to 15 different digital currencies easily.
Just today, the Pundi X (NPXS) team announced that ZCash (ZEC) would be added onto their payment network:
Such a highly-valued coin jumping onboard is a very positive sign for this upcoming payment gateway, and there may be some other coin additions in the near future.
This month’s airdrop is about to take a snapshot
NPXS is the Ethereum-based token, which will be swapped for a native cryptocurrency called PXS later this year. When a cryptocurrency gets airdropped, coin holders must maintain their coins (NPXS or PXS, in this case) in certain compatible wallets during a specified period of time – and they will receive new NPXS tokens.
They call it “unlocking” the tokens, and users will receive 7.316% of their NPXS/PXS during the first week of May if they follow the instructions properly.
The snapshot for this airdrop will be at 11:59 pm GMT+8 Singapore time, and only certain wallets will work – so check the blog post they published about it to make sure you’re putting your coins in the right place. You have to keep your currency in the wallets from three hours before the snapshot until 3 hours after the snapshot, or the distribution might not be guaranteed.
Definitely read the details they put on their own blog before deciding to participate in this airdrop.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.