The interest in the NPXS tokens is over while Pundi X, the creator of the token, has unveiled the prototype of his highly anticipated blockchain phone.
The Pundi X team presented the prototype phone – known as XPhone – at the Consumer Electronics Show, which began yesterday in Las Vegas. Although it can be used as a normal Android smartphone, it also comes with a blockchain mode, which uses the Pundi X blockchain for encrypted calls and texts. First announced in October last year, the XPhone is scheduled for release in the third quarter of 2019.
Pundi X creates daily solutions for cryptocurrency. The phone is their most high profile project, but the company has also created smart devices for retail companies to start accepting digital assets – such as NPXS – as payment. Even the first purchase in Norway with XPOS, the Pundi X cryptocurrency card reader, was made last night.
In a blog post, the company said: "CES is the perfect place to show off our blockchain technology via XPOS, XPASS card, XWallet app and XPhone Prototype as examples of how the blockchain is already changing the ways we spend, share and communicate."
What do we know about the blockchain phone?
Pundi X is reticent according to the specifications of XPhone, but explained that the phone acts as a node in a network of other phones on the blockchain Pundi X. Crypto Briefing & # 39; s Brian Penny was on the floor at CES, and he was one of many participants peeking at Zac Cheah's Pundi X device.
I spent about an hour tonight to chat with @zibin of @PundiXLabs… He managed a lot of really difficult questions, and we had some time with their new phone. Here is a clip from #ces pic.twitter.com/m6zAbeDAcd
– Crypto Briefing (@crypto_briefing) January 7, 2019
The excitement of investors has grown, causing an increase in NPXS in the last 24 hours. The market cap went up by $ 15 million between 15:00 and 16:00 GMT, about an hour before the CES opened its doors to the public. The data suggest that investors used Ether (ETH) to purchase NPXS tokens; the trade volume between NPXS and ETH has increased from around $ 7,000 to $ 150,000.
This may not be the final design for the XPhone, admitted Marcus LeBlanc, director of Pundi X of Global Support, for PC Magazine. Nor is it easy to separate facts from the hype, for a device that has not yet reached the public.
But yesterday was the first opportunity of the company to show the feasibility of the device. In an industry where promises remain unfulfilled, investors are happy that a company can actually deliver the goods.
The author is invested in digital resources, including Ether which is mentioned in this article.