How to further revitalise the PUNDIX /FX community and holder?

1

hi folks,

Been reading all the news about “VCs invested in projects at huge discount” recently, I am wondering why don’t we apply the same mechanic to the formal, current and future PUNDIX /FX community.

Normally the VC’s deal looks like:

  1. huge discount, (eg 50% of the current price)
  2. lock up period 3-6 months time

The rationale of the deal is , leveraging of VC’s name to promote and add some weight on the projects and ultimately amplify to the rest of the community - but the cons side is the huge dump of the token after the unlock.

Hence, I am wondering why don’t we leverage on our existing and formal community members (eg $PUNDIX has over 100k+ unique wallet addresses (on chain history), and $FX has over 60k+ unique wallet addressees) and revitalise them to help us to promote the rebranding and AI narrative, this will be huge.

I am proposing we apply 20 million $FX token from the CSP to conduct this"Holder program" (aka community round)

Allow all addresses that have ever held or currently hold Pundi X/FX coins to purchase FX coins at a discount (with a lockup requirement). Each address can buy a maximum of 1000 USDT/USDC and a minimum of 1 USDT/USDC, with the purchase limit calculated based on the holding duration. First come, first served.

FUND RAISED will be used for liquidity pool of FX/USDC(or USDT) on Uniswap and MarginX

  • Discount: 50% of $FX current price (eg if $FX is $0.1, then the discounted price is $0.05) - participants can buy $FX at 50% discount
  • Lockup period: 3 months (all discounted $FX will be locked for a period of 3 months via smart contract)
  • Each wallet has an allocation of 100-1000 USDT/USDC
  • Wallet addresses that have held Pundi X (since 1 APR 2021) , or FX since February 1, 2020, can participate.
  • The allocation is determined based on the holding duration.
  • Calculated by the total number of holding days, with 30 days (30-59 days) or more being the benchmark for a 100 USDT/USDC limit. 60-89 days will qualify for a 200 USDT/USDC limit, and holding for more than 300 days will cap at 1000 USDT/USDC
  • Regardless of whether the holdings were intermittent, the total number of holding days will be counted.
  • If the quota is not filled within 48 hours, any address can participate, with each address having a 1000 USDT/USDC limit.

This is my personal opinion and I think thru this program we can create more impact to the world and benefit our community in the long run.

Cheers.

4 Likes
2

Hi @Danny !

I fully support the idea, but I have some comments on the “how”.
I think it could be done in steps and using NFTs.
First step (AIFX Boost Gen0), 5M (or more) $FX tokens be allocated in different limited NFT formats (platinum 50K, gold 15K, silver 5K, bronze 1K $FX), each being sold at a constant $FX price (which could be half the current price) and staking those NFTs would be allowed in different forms (36 months, 12 months, 3 months) with a decrease of the APR depending on the duration of the vesting period. Staking $FX would be taken into account within the CSP tokens requested… There would be an exchange mechanism between NFTs and tokens, but only NFTs could be staked.
Then, depending on the success of this step, we could reiterate with Step 1, Step 2, etc.

This would be limited to 1 offer per $FX address, and prioritized depending upon the date of the first transaction known to that $FX address (there might be an issue though because of FXClassic to FxEVM migration).

Regards
@FrenchXCore

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If qualifying addresses since 2020 can participate, then how would the participation of fx classic address be like?

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4

i agree with your idea

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5

Hello, I doubt this idea will give us the outcome we are looking for. Our biggest challenge is to reach and attract new members to our community.

Reviving existing ones only solves the problem partially and they may not be actively following PundiX, and might not even find out about this offer. My recommendation is to bite the bullet once and guarantee success.

May be we should plan for a parallel activity to absorb the VC dump at the unlock period. One idea (not sure if it can be implemented) is to incentivize fx wallet users. If they hold any tokens in fx wallet and do liquidity pools (on any of the third party dApps like pancake swap or Uniswap) could earn fx incentives. This could increase visibility and possibly attract new community to try fx wallet while absorbing VC dump.

We need to desperately expand our community beyond current audience.

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@cop4200 FYI both PUNDIX and FX are fully unlocked. Plus both projects did not raise VC rounds.

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Agreed, but how else to market the projects to masses ?

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All ideas are bad ideas until a team unites to refine it into a good idea - Marc Randolph, Co-Founder & 1st CEO of Netflix.

So, here is another bad idea:

Rather than throwing away tokens at discount to the existing members or VCs. How about distribute them in a very engaging & viral way.

Shakepay free BTC sats: Open shake pay app daily & shake your phone to earn BTC sats for free. Rewards rate go higher with daily streaks. IF there is a break in streak, reward rate reverts back to default. Details: ShakingSats | Shakepay Help Center

I have seen many serious crypto people religiously maintaining these streaks (alarms/reminders on phone etc.). Its addicting, people love it!

Pi Network: This is the MOST VIRAL advertising I have ever witnessed. The Pi token was not worth anything at the time of launch & there was no mechanism to trade the token. Simple user onboard (download the app, enter email for account confirmation & start). Every day open the app & tap collect to earn tokens. Viral, because if you get referred, the Referrer will earn bonus tokens as you collect tokens (great incentive to get your family/friends on board). Similar to pyramid schemes. Details: How do I mine more Pi coins? | Pi Network

When Pi launched, that’s all I could hear people talking about. Especially the ones who didn’t understand the crypto world. “No capital investment, just wasted effort? So what, I will try it.”. It spread like a wild fire, even among people who are not tech savy & can barely download an app. Someone would just grab their phone, download the app, send them referral & just show how to collect free tokens everyday.

Gift Cards with Crypto: This is one of the fastest emerging market. I personally know people who have setup websites in Dubai and doing well just by selling gift cards for online use, in exchange for crypto at a premium price.

AIFX Marketing: Combine Shakepay streak idea with Pi Network’s referral mechanism. Earn BTC or ETH along with AIFX & PURSE.

  • Transfer earned tokens (earned tokens - AIFX transfer fee)
  • Buy gift cards for online use within the FX App or some purse rewards webpage.
  • MarginX LP or trading
  • Delegation for extra rewards

@Peng @Danny @Peko @zaccheah @DavidK

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9

i agree with your idea
argan have project to
he offer coloboration with bank from indonesia
but team not answering yet

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Payrollium https://payrollium.com is a blockchain-based platform for the crypto community for individuals and organizations who want decentralized financial freedom such as payroll, escrow payments, Sharia Staking and online shop payments, all of which we will wrap into the ecosystem The blockchain uses stable coins IDRT and USDT whose assets will not experience significant active fluctuations.

Features:

  • Payroll => payroll payments using IDR and USD stable coins which are free from tax/pph21 where the stable coins can be withdrawn on the Indonesian or overseas Crypto exchange and can be transferred to a local account
  • Escrow Payment => a deposit account as an intermediary to accommodate organizational or individual payment transactions
  • Sharia Staking => we are the intermediary to accommodate anonymous investors’ funds which we will later deposit in several BPRS in Indonesia and when the deposit ends, we will distribute the principal funds plus a profit share to anonymous investors based on the percentage of funds invested
  • Online Shop Payment → as an intermediary for payment of purchases of goods or services using Stable coins IDR or USD

First feature we plan deliver for Sharia Staking mainly will use polygon network as it support IDRT token can withdraw/deposit via Pintu exchange, also i already ask to IDRT team to cooperate with them.
Current development stage we are integrating with walletconnect and api still in local and not deploy yet

Business : i have some relations with bank director that i can offer to them join with our platform and take benefit from staking sharia law and also for anonymous investor will get APR base on how much IDRT staked

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I am not sure about the technical details, but I believe this classic address can be traced (as tx hash will be recorded for the fxcore upgrade)

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that sounds like a good idea - leveraging on NFT

my concern is, will it be too complicated to the mass, by adding one more layer means less conversion since we are targeting previous holder wallet addresses

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I cannot agree more on this statement

This reminds me of “Matthew effect”. Attention and fund flow will lean towards the top tier projects, however, along the way we need to build the foundation first and then we can start to roll the ball.

Hence I am proposing to revitalise those holders already knew who we are (I assume would be easier this way) to build the community foundation, after that we can leverage on this foundation and attract new users and community

The plan (tentatively) can be:

  1. 50% of the fund allocated to previous PUNDIX/FX holder at 50% discount (with 3-6 months lockup)
    2.50% of the fund allocated to all latest AIFX users , allowing to buy $FX at 50% (with 3-6months lock up)

Instead of raising fund from the VC, why do not we benefit our users (just like 2017 ICO era)

1 Like
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or build real use case project on pundi aifx
like land/house sertificate

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Please review my post above for shake pay and Pi’s approach to marketing. I truly believe we can attract new audience in masses if executed right.

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I don’t see how a max buy at 1000 USDT dose anything but create disappointment, for 1000 USDT now gets you essentially 83 AIFX, you want people to lock up 83 coins or less in the hope this will be worth something later, when really a lock up is really a way of delaying you selling hopefully stopping the market falling on it’s head, later people will sit with 83 AIFX for the next 3 years crying they got done, I don’t see anything coming from it other than maybe the liquidity your after; maybe just propose 20m fx for the liquidity of 10m fx for the DEX’s - & just airdrop 10m FX . to wallets holding 1000 USDT worth or more FX; why make people re-buy community spend pool coin you got free from a proposal.

you want to excite the community propose a CSP air drop for real bag holders / supporters of 100k fx or more, with a 1 year lock up, drop of no less then 1000 AIFX.

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thanks for the comment, i guess you have misunderstood the proposal

  1. the money will go to the liquidity pool, $AIFX/USDC or $AIFX /USDT on Uniswap and MarginX ,not to the individual pocket - i think everyone wants to trade $AIFX on Uniswap

  2. we want to revitalize those people who knows about $FX to come back - nothing can excite them and get their attention , expect they know they have financial incentive on this.

  3. we need to attract and increase the community members

  4. user can choose not to participate, but if they choose to participate the allocation is $100-$1000 and participants can choose to put it $1 if they want, the idea is to make people know $AIFX, you can always treat it as a lottery

  5. I am proposing the VC deal to the long term community members

finally - my rationale is let people have some skin in the game is the best way to incentivise them. people do not appreciate freebies.

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sorry Danny no disrespect to you, I just see what you say incentive wise is chicken feed, I no longer see value in thin skin, I agree in the need for liquidity for the DEX’s by all means propose for that, but for me your idea of incentives to small to me to get the results you want. the market will have growth with the coming events naturally, weighting up whether your incentives was a part of those increases would be difficult to measure. my natural motivation to purchase more will come from profits of other coin if the market shows growth it the right order for that to happen, as I believe for many this will be the same, Point is giving people reason to want bigger bags in this project to me are a higher defining priority; over hoping people desire to have a little or more miner skin in the game. because to me if there are defining reasons for people to want to have more or a little skin in the game a incentive would not be needed. I believe the incentive should be far greater and focused on those that have backed the projects solidly as I believe ( Don’t quote me ) in the early days of FX I believe there was agreement long term supporters would get a significant periodical benefit for long term support. as a long term supporter with more than skin in this game; I’m a little thin in desire to keep etching a longer term plan past the next market Peek.

2 Likes
19

Ooo, that’s interesting that it will be on Uniswap, I like it. +1

Also, since we are on the topic of Uniswap:
What happened to the previous LP funds on Ethereum Uniswap for FX/ETH?

  • I think a couple of users were using it previously and they were asking in Telegram and DM.

The LP got removed in 2023 December and the $ETH was just transferred out 53 days ago - to Aave ETH if I am not wrong.

ETH Uniswap LP Address: https://etherscan.io/address/0x38aefaac2a8afa2d32910f9ced192c10bcf713cf#tokentxns

1 Like