PDX Coin
About The Technology Behind PDX
PDX is a cryptocurrency that has been built on top of the Ethereum and Polygon blockchains. It is a platform for decentralised applications. It offers sidechains to connect to the blockchain for enhanced transaction speed and reduced transaction fees. While the technology behind Polygon was created for the Ethereum blockchain, it is compatible with all other blockchain technologies. It has ambitious plans for the future, which will likely increase its value.The PDX coin will provide full digital banking and advanced trading and custody technology to its users. The PDX coin will disrupt the $700 billion foreign worker remittance market. Compared to 2009, the number of cross-border payments has doubled, yet the existing legacy system has made no progress in this time. Currently, international money transfer companies charge seven to eleven percent of each transaction.
PDX will be the first compliant digital currency
Moreover, it will be backed by energy assets, which are the most liquid commodities and essential resources globally. With a decentralised blockchain, PDX will be a tax-beneficial economic proxy for investments in commodities and energy. In addition, PDX will be able to trade with other cryptocurrencies without the need for a middleman.PDX will start developing its own blockchain protocol, which will provide ultra-high speed and low cost. The new platform will eliminate the need for "gas" fees, which can significantly affect the price of a single transaction on the Ethereum blockchain. PDX will move to this new blockchain after the development of Siberia. On completion, a dividend of the Siberia coins will be distributed to all PDX Coin wallets.PDX Coin is a global payments and digital banking platform that will enable millions of people around the world to participate in the crypto economy. This app will enable them to spend their PDX in millions of locations. It will also allow them to buy and sell goods and services that are available only on the PDX Coin network. As of the time of writing, PDX is on track to be the first decentralised exchange to launch its own linked platform.
Mission Of PDX
The company has been expanding its scaling offerings as well. The new PDX Coin has added a feature called Polygon Token Swap, powered by the 0x API. This feature will enable users to swap tokens among different currencies using the native wallet. In other words, it will be possible to trade PDX for other cryptoassets with a wide range of price.PDX will comply with tax laws in all jurisdictions where it operates. It will be transparent and adhere to all relevant tax laws. It will support record keeping and transparency. This will enable holders to comply with their tax
obligations. Similarly, it will be possible to trade PDX with a U.S.-based exchange-traded fund. Despite its low fees, PDX will not support these currencies.
Market Position of PDX
PDX’s projected gross theoretical market capitalization of all 5 billion tokens created on completion its series of Global Public Sales is US$500 billion, assuming a $100 token price, which, if all were issued, would place it among the world’s 3 largest cryptocurrencies based on today’s crypto market. With a projected up to 150 million tokens in general circulation upon closing of the Public offering series, we therefore project, at the Offering Price, a market capitalization in the order of $15 billion billion. This doesn’t take into account additional tokens that may be issued in connection with potential strategic acquisitions in the banking , payments, and technology spaces.
Benefits of Cryptocurrencies
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, censorshipresistant, 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
Upcoming Plans Of PDX
PDX has recently announced its Alpha development phase. The network uses a hybrid system to aggregate liquidity from various sources. This way, the PokeDX ecosystem supports both active traders and HODLers. The system will also include a staking-reward module for market makers. This module will give a stakeholder proportionate share of transactions for each PDX in their portfolio.PDX is a cryptocurrency based on the Ethereum and Polygon blockchains. PDX is a cryptocurrency backed by the Ethereum network. It allows users to trade digital assets without intermediaries. Unlike other cryptocurrencies, it uses a decentralized access model that is accessible to anyone. Besides enabling peer-to-peer lending, PDX will support the creation of more than 100 companies
More Information
• Proof of Authentication:- https://bitcointalk.org/index.php?topic=5382751.msg59091825#msg59091825
• Project's 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/
AUTHOR
BTT Username: Bentadem11
My BTT profile: https://bitcointalk.org/index.php?action=profile;u=1530135
PDX ERC20 Wallet Address on P2PB2B: 0xaF319DbA0DD17574A9C378d4595C151586cfD565
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