Bold

<div class="smartliquidity">
 <h3 class="pw-post-title gp gq gr be gs gt gu gv gw gx gy gz ha hb hc hd he hf hg hh hi hj hk hl hm hn ho hp hq hr bj" data-testid="storyTitle"><strong class="al">&nbsp;<em>1 billion $PURSE Ecosystem Pool has been launched by Pundi X </em></strong><em><strong class="al">to build DePIN Infrastructure.</strong></em></h3>
 <p style="text-align: center;"><strong><span class="OYPEnA text-decoration-none text-strikethrough-none">Pundi X Announces the $PURSE Ecosystem Pool, a Bold Initiative to Empower and Reward Its Community</span></strong></p>
 <p><span class="OYPEnA text-decoration-none text-strikethrough-none">The Pundi X ecosystem is excited to declare the $PURSE Ecosystem Pool, valued at one billion dollars, as a strategic initiative to bolster its community, accelerate the growth of the XPOS crypto payment and exchange ecosystem, and promote the expansion of the Decentralized Physical Infrastructure Network (DePIN).</span></p>
 <h4>The ecosystem award distribution will be achieved in 4 phases as follows:</h4>
 <p><span style="color: #ffcc00;"><strong>Empowering Transactions&nbsp;</strong></span><br> In Phase 1, 100 million $PURSE tokens incentivize existing p(x)Card holders and task achievers, fostering increased crypto transactions via XPOS and user engagement.</p>
 <p><strong class="nn gs"><span style="color: #ffcc00;">Expanding Participation</span><br> </strong>Phase 2 allocates 200 million $PURSE tokens to Club PURSE members, blockchain wallet users, XPOS merchants, and new p(x)Card holders, cultivating a diverse ecosystem.</p>
 <h4><strong><span class="OYPEnA text-decoration-none text-strikethrough-none">Club PURSE: A Decentralized Marketplace for a Thriving Ecosystem</span></strong></h4>
 <p><span class="OYPEnA text-decoration-none text-strikethrough-none">Club PURSE is a decentralized marketplace that operates within the Pundi X ecosystem, drawing inspiration from the iconic Diners Club model. With $PURSE tokens, merchants, projects, and advertisers can showcase their goods and services on this innovative platform, connecting with discerning customers and expanding their reach.</span></p>
 <p><span class="OYPEnA text-decoration-none text-strikethrough-none">The $PURSE token can be used by customers to redeem various products and services offered on the platform. This enhances the utility of $PURSE and creates a decentralized marketplace that benefits both providers and consumers.</span></p>
 <p><strong class="nn gs"><span style="color: #ffcc00;">Incentivizing Contributions</span><br> </strong><span class="OYPEnA text-decoration-none text-strikethrough-none">In the third phase, PURSE introduces staking rewards. It offers 300 million $PURSE tokens to Club PURSE members and XPOS merchants, incentivizing their continued participation.</span></p>
 <p><strong class="nn gs"><span style="color: #ffcc00;">Innovating the Future</span><br> </strong><span class="OYPEnA text-decoration-none text-strikethrough-none">Pundi X has allocated 400 million $PURSE tokens for the final phase. This is to showcase their dedication to driving the development of crypto incentives and shaping the crypto payment ecosystem.</span></p>
 <blockquote>
  <p><em>“This strategic $PURSE Ecosystem Pool is a testament to our commitment to building a decentralized marketplace that aligns the interests of both providers and consumers, fostering a vibrant and engaged community. Moreover, it plays a pivotal role in advancing the vision of the Decentralized Physical Infrastructure Network using XPOS,” — <strong>Zac Cheah, CEO and Co-Founder of Pundi X Labs.</strong></em></p>
 </blockquote>
 <h4><span class="OYPEnA text-decoration-none text-strikethrough-none">XPOS: A Global Service for Users, Merchants and Distributors</span></h4>
 <p><span class="OYPEnA text-decoration-none text-strikethrough-none">XPOS is currently providing its services in multiple countries including Canada, Turkey, South Africa, and Japan. In Turkey, XPOS is utilized for conducting crypto exchanges in physical storefronts. This unique model is known as Crypto Shop, and over 15 shops are currently operational in Turkey.</span></p>
 <h5>FOLLOW Pundi X</h5>
 <p><strong>Website | X</strong></p>
 <h5>RESOURCES</h5>
 <p><strong>Pundi X</strong></p>
 <h5><strong>REQUEST AN ARTICLE</strong></h5>
</div>
<div class="single_metas d_flex">
 <div class="single_metas_title">
  Tags:
 </div>
 <div class="single_metas_items">
   #PUNDIX #XPOS
 </div>
</div>
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/1-billion-purse-ecosystem-pool-tbt78793.html">https://thebittimes.com/1-billion-purse-ecosystem-pool-tbt78793.html</a></p>

1 Billion $PURSE Ecosystem Pool

Table of Contents

TheBitTimes

Other articles published on Feb 4, 2024

Cryptocurrency Market Update: AVAX, SOL, and XRP Coin Predictions

Exciting New Pixel Art RPG “Dreamed Away” Announced for Nintendo Switch in 2025

Crypto Market Prediction: ETH, DOGE, SUI Price Analysis for February 4

Cryptocurrency Performance Analysis: AVAX, SOL, and XRP Market Movements

Bankrupt Genesis seeks to sell over $1b worth of Bitcoin trust shares

Google’s Voice Assistant Could Undergo a Major Rebranding as “Gemini”

Join our free newsletter for daily crypto updates!