Pundi X PURSE is a token within the Decentralised Physical Infrastructure Network (DePIN) framework, associated with the Pundi X ecosystem. The token aims to enhance loyalty programs and bridge the gap between physical and digital retail experiences.
Pundi X PURSE operates within the Pundi X ecosystem, which leverages blockchain technology to facilitate cryptocurrency payments through its POS solution, known as XPOS. The token is primarily used for rewarding customers, gamified incentives, and enhancing loyalty programs. The underlying technology includes a Proof of Stake (PoS) consensus mechanism, mobile applications, and smart contracts.
Pundi X PURSE is part of the broader Pundi X ecosystem, which was developed to commercialise the use of cryptocurrencies in retail environments. It has been integrated into various real-world applications, such as retail shops in Turkey and large-scale events like the ULTRA TAIWAN music festival. Pundi X has also formed partnerships with major POS manufacturers to expand its reach.