Summary Of The First Official PURSE-Token AMA

Dear PURSE holders,

Thank you for taking the time to participate in the first official PURSE token AMA (Ask Me Anything) which we held live on Twitter Spaces. The session focused on all of the most recent news and developments since the month of November 2021 until present day.

Participants from the team in the AMA were Jeremy Herbst (Host, Digital/Social Media Marketing Manager), Zac Cheah (Co-founder and CEO of Pundi X), Danny Lim (Co-founder and CFO of Pundi X), David Ben Kay (President of Function X Foundation & Chief Legal Counsel of Pundi X, and last but certainly not least, Peko Wan (Chief Ecosystem Officer of Pundi X).

Here is the summary:

• We began the AMA by addressing the $PURSE BEP20 token distribution which has officially ended on 31st December, 2021. As previously announced, we have concluded the claim for private wallet holders of $PUNDIX to claim their $PURSE tokens through f(x)Wallet available to download here.
• Two of the leading crypto exchanges, Bithumb and Binance, have both added support for the $PURSE token airdrop for those Pundians who have held in the above exchanges for the duration of the snapshot. This refers to the time period of 21st June, 2021, until 13th October, 2021 when we launched the Pundi X Chain.

• $NPXSXEM holders need to mind the deadline to swap for $PURSE which will conclude on 31st January, 2022 when we officially sunset our $NPXSXEM token. You can read how to convert $NPXSXEM to $PURSE here.
• Another way to continuously receive $PURSE tokens is through delegating your $PUNDIX coins via Pundi X Chain. Pundi X Chain delegators can receive both $PURSE and $PUNDIX as block reward via f(x)Wallet. Please read the entire article which provides a step by step guide to delegate your $PUNDIX tokens.

• For those who provide liquidity of PURSE-BUSD pair on Pancake Swap, 1 billion PURSE tokens have been allocated to the reward pool. As it was previously announced, the $PURSE token Liquidity Mining Program has officially begun and we went through the basics of how to add liquidity to Pancake Swap via $PURSE/$BUSD pairs. Upon successfully adding your liquidity, you can then stake your LP tokens via the official website here: www.Pursetoken.com to mine $PURSE reward. Start adding liquidity today and enjoy even more $PURSE token rewards.

• Our very first NFT collection released by Pundi X Labs, ‘Mission WAGMI’ is available to collect! The number of the NFTs is limited to 9,999. The best part is that to collect a full set of 10 Mission WAGMI NFT to share up a grand prize pool of up to 34 million $PURSE tokens. This is the first $PURSE token redeeming utility for our future NFT collections, physical prize redemptions, XPOS usage, and earning through transactions. Through our added wallet feature in the Functionx.io decentralized f(x)Wallet Beta holiday version which you can download here. We now offer support for both ERC-721/BEP-721 NFT tokens.

Next the team answered a few questions from our amazing community regarding several topics which included:

1. More prize options for the 2022 year giveaway campaign. These suggestions included Spotify gift cards, and also Netflix gift cards for year long memberships.
2. Questions on future Blockchains to be utilized on the f(x)Wallet to increase more cross-chain functionality. David answered by saying “this is one of our biggest drivers of development here at Function X, and this will also increase usage for f(x)Wallet and even the XPOS devices as we aim to give our users more options for control over their own assets.”
3. Gaming questions wondering if we have considered 8 Bit games as an option coming in the future. Zac answered and said “we are working on a lot of new and exciting features for the new year, and we will be exploring these and other great suggestions such as this.”

We also have a very special announcement being made soon that you won’t want to miss! STAY TUNED to our official @pursetoken Twitter account for all of the details as they unfold!