PDX | The World's Most Powerful Global Utility Coin Dimetaverse virtual payment and banking capabilities
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Introduction
A few short years ago, “cryptocurrencies” and “blockchain” were buzzwords that meant little to the average internet user. What tech enthusiasts and early crypto adopters pushed as the future of finance was considered a nerd’s fad by many.
Yet, in 2017, everything changed almost instantaneously. The price of Bitcoin, the pioneering cryptocoin, swelled to an all-time high of $20,000, resulting in a strong uptrend for itself, as well as emerging players like Ethereum, Ripple, and Litecoin. As the financial world soon figured out, cryptocurrencies had the potential to disrupt entire industries.
Today, cryptocurrencies are rapidly emerging from tech obscurity and becoming mainstream. According to Statista, the cumulative market capitalization of cryptos stood at a staggering $237 billion by the end of 2019, despite a relatively shaky two years. They may be new in the financial realm, but cryptocurrencies have already proven to be an enduring part of the ecosystem.
If you are a small business owner, therefore, it pays to start thinking about embracing these new financial instruments. Sure, cryptos are far from surpassing fiat currencies as the preferred mode of payment on a global scale. Still, fitting cryptos into your processes now could give you a valuable competitive advantage over your rivals in the future.
What is PDX COIN About?...
PDX is a cryptocurrency that is at the core of a powerful new banking and financial services ecosystem based on encrypted and permissionless peer-to-peer (i.e. no middleman) payments and money transfers.
PDX coin presents unique opportunities for small businesses to reduce operating costs and grow their margins. Its decentralized nature makes it possible to exchange value without the complications of intermediaries like banks and governments, and the underlying technology, that is, blockchain, ensures secure and transparent transactions.
PDX Coin (also referred to by its three-letter symbol, “PDX”), is a compliant digital currency whose value is underpinned by energy assets.
The genesis PDX smart contract was fully deployed on the Ethereum blockchain on
August 6, 2019, as an ERC-20 token, and an updated version of the smart contract, which superceded the genesis version, was deployed to the Ethereum mainnet on June 18, 2021.
This can be viewed at the following contract address: https://etherscan.io/token/0x6a8fee0E33Cb65a7E8D21BadCA62E87639ef74B3
PDX Coin enables individuals and organizations to utilize a transparent digital currency with a physical value underpinned and backed by independently certified and audited energy assets. Each of the total number of PDX Coin tokens created will be backed by energy assets and interests in producing properties with an aggregate initial gross value approximating or exceeding the aggregate value of all PDX Coin
tokens in circulation.
Vision
Our goal is to pivot entirely to having each PDX Coin backed by units of renewable energy power generating capacity, making PDX tokens a direct representation of the value of renewable energy power generating assets.
PDX Ecosystem
consists of a new global full-capability physical and virtual banking network providing a full range of retail and business banking services, a cryptocurrency exchange business with unique attributes and a guaranteed large customer base; and a merchant payments processing business, based on the blockchain, complimented by a leading-edge proprietary mobile-enabled contactless payments app.
Technology and Development
- Blockchain
- Operational Platforms (Ethereum, Ripple, etc.)
- Smart Contracts
- Siberia Protocol
PDX will be positioned to become a global leader in setting the standards for transparency and disclosure for digital currencies, thereby facilitating its use in global trade and commerce.
Benefits
PDX-based transactions, like other digital currencies, will be recorded in a blockchain
distributed ledger. As a result, transactions in PDX Coin will be trustless, censorship- resistant, permissionless, and private. Unlike other forms of asset control or money transfer, once a transaction in PDX is confirmed by the blockchain network, it will become irreversible. PDX will utilize best available protocols for digital currencies and will help promote the ongoing change in the way global financial transactions occur by removing artificial barriers caused by legacy financial institutions, enabling:
- True anonymous digital payments anywhere in the world
- Very low transaction fees and fast processing times compared to traditional methods
- Payments between anonymous parties, ensuring privacy
BANKING AND PAYMENTS SERVICES
AND OPPORTUNITIES:
PDX, alongside its own internal platform development project, may also enter into licensing and other agreements with San Francisco-based Ripple (www.ripple.com) in respect to near-term use and adoption by PDX of its payments, banking, and funds transfer platforms.
https://en.wikipedia.org/wiki/Ripple_(payment_protocol) Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native cryptocurrency called XRP (ripples).
Released in 2012, Ripple purports to enable "secure, instantly and nearly free global financial transactions of any size with no chargebacks." It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.
Token Distribution
The aggregate number of underlying PDX tokens sold, and to be sold, inthese private rounds was approximately 600,000 tokens, not including options to buy additional tokens at the same price in the near future.
We also reserve the right to sell up to an additional 500,000 PDX tokens privately, at a price to be determined, should demand warrant it, at prices that track the traded market prices for PDX Coin.
Global Public Token Sales
Commencing 2022 Q3 as first of a series
$5 billion target raise Expected to increase adoption base by up to 5 million token holders Proceeds to develop our energy assets, build our global banking infrastructure, roll out our exchange platforms, fund corporate and marketing expenses, and provide a significant boost to our R&D efforts and technology platform.
Global Token Sale Series - Use Of Proceeds Table
- Banking / Payments / Capital Markets: 64.4%
- R & D, and related Investments: 11.6%
- Corporate and Reserves; 9.8%
- Energy Group: 6%
- Marketing : 8.2%
Join the PDX community and follow our developments on social media networks
- website: https://pdxcoin.io/
- Medium: https://medium.com/pdxcoin
- Twitter: https://twitter.com/PDX_Coin
- Telegram group: https://t.me/PDXToken
- Facebook: https://www.facebook.com/pdxcoin/
- Reddit: https://www.reddit.com/r/PDXCoin/
#pdxcoin #payments #banking #pdx #Metaverse
Author
Bitcointalk Username: Derryl12
Bitcointalk Profile link:
https://bitcointalk.org/index.php?action=profile;u=2629388
Telegram username: @derryl12
Gmail: [email protected]
PDX ERC20 Wallet Address on P2PB2B: 0xFE1C74E1Aa15333DEeC8d285D81e94b70Cd4507F