Amsterdam, 4 June 2018 – Global Crypto Offering Exchange (GCOX), slated to be the world’s first fully-licensed celebrity tokens exchange, and Pundi X, a multi-cryptocurrency point-of-sale (POS) solutions provider, today announced a collaborative effort to make celebrity tokens easily accessible to the general public.
Pundi X has created a blockchain-based transaction platform that allows easier access for users seeking to buy and use cryptocurrencies anytime and anywhere via its mobile point-of-sale device called XPOS.
“With this collaboration, GCOX, through the Pundi XPOS device, will be able to make celebrity tokens available in retail stores around the world. We look forward to having our own customised version of this point-of-sale terminal that will hold celebrity tokens such as the Michael Owen’s OWN Token and Manny Pacquiao’s PAC Token,” said Sir Dr Jeffrey Lin, the CEO of GCOX.
As the world’s first fully-licensed celebrity crypto tokens exchange, GCOX will enable celebrities to create, list and trade their personal crypto tokens on its native on-chain decentralised exchange, which is built on the Acclaim blockchain.
Pundi X will integrate the Acclaim blockchain via XPlugins, the Pundi X Platform API that allows blockchain developers to connect to digital wallets and create smart contract requests. Amongst all transactions used in GCOX and its Celebrity Tokens, 10% of the usage of the XPOS will be in NPXS, Pundi X’s native coin.
“The rate of cryptocurrency adoption is expected to grow exponentially among millennials in the coming years. Celebrity tokens like the ones on the GCOX platform will definitely gain popularity and high interest,” says Zac Cheah, CEO and Co-founder of Pundi X.
“We envisage that with the Pundi XPOS, the public will be able to transact celebrity tokens on the GCOX platform more easily, thus encouraging greater mainstream adoption,” he added.
GCOX aims to bridge the gap between the entertainment industry valued at US$2.2 trillion and the burgeoning blockchain crypto market, leveraging the technology to revolutionise the interaction between celebrities and fans by bringing about closer engagement on its innovative social media platforms – Celeb-listing, Celeb-connect, Celebreneur and Celeb-charity.
GCOX’s team boasts individuals with impressive credentials from a variety of backgrounds, ranging from technology, finance, asset management and corporate strategy to entertainment, artist management and celebrity relations.
“We welcome the addition of Pundi X as one of our core partners, and are excited at the new opportunities and prospects that will come from this collaboration. We also look forward to working with other like-minded partners in related fields that will enable us to provide a more integrated and seamless experience for users of our platform,” said Sir Dr Lin.
In addition, GCOX has engaged the services of Trustwave, the cybersecurity arm of Singapore Telecommunications Limited (Singtel) and the only company authorised by PCI Security Standards Council as a payment card industry (PCI) Forensic Investigator across all geographical regions. This collaboration will provide GCOX with enhanced threat intelligence and threat detection capabilities.
GCOX has also engaged Thomson-Reuters to provide its world-class anti-money laundering (AML) solutions.
For more information on GCOX and Pundi X, please visit www.gcox.com and www.pundix.com respectively.
About GCOX
Global Crypto Offering Exchange (GCOX) is slated to be the world’s first fully licensed celebrity tokens crypto exchange . GCOX helps celebrities cryptonise their popularity by creating their own exclusive crypto, known as Celebrity Tokens. Through exclusive products, services and social interactions, GCOX revolutionises the way celebrities interact with their fans, giving the public unparalleled access to celebrities.
About Pundi X
Pundi X is a multi-cryptocurrency point-of-sale (“POS”) solutions provider for retail stores seeking to accept digital currencies around the world. Pundi X POS enables shops, cafes and convenience stores to facilitate cryptocurrency transactions for the average consumer. Pundi X builds on the success of Pundi-Pundi, one of Indonesia’s popular QR code cashless payment apps which has already attracted more than 100,000 registered users and over 600 merchant partners in Jakarta in less than a year of operation.
To build a better cryptocurrency ecosystem in different countries, Pundi X is a founding member of XPOS Consortium and the Indonesian Blockchain Association. The company is also a member of the Singapore Fintech Association, the Fintech Association of Hong Kong, ACCESS, and the Swiss Finance and Fintech Association.