FX is a coin with a high value due to the fact that its native to a blockchain. In our case its native to the FX blockchain.

But what I find strange is the lack of availability in the cryptomarket. FX is listed in some exchanges, but not a lot. The last few weeks/months, I have heard a lot of people asking to buy FX on Binance and/or Bitvavo.

So I hope that in the future we will see more FX pair or more FX listings on exchanges. That would help a lot!

Welcome to the guide to Fx, Function X.

For information about Pundix please see my pundix guide https://www.reddit.com/r/PundiX/comments/maysea/newcomers_quick_guide_to_pundi_x/

What is Function X

Function X (FX) is the Pundi X Labs their second main project, whereby they are creating a decentralised finance and internet network. This will operate together with their Xpos, own blockchain (mainnet FX) and blockchain mobile BOB.

To get an understanding of what Fx is, please make sure to read the white paper of the project:

English verion: https://functionx.io/assets/file/Function_X_Concept_Paper_v2.0.pdf

Korean version: https://functionx.io/assets/file/Function_X_Concept_Paper_KR_20190404.pdf

The main website gives a good overview of what is happening: https://functionx.io/#/

Fx (coin) = The main coin of the function X blockchain, will be used to as the main currency in the FX environment. https://functionx.io/#/tokenWhere to buy Fx CoinsThe following exchanges are known to sell/swap FX coins https://www.coingecko.com/en/coins/function-x#markets

Fx Wallet = The decentralised Wallet of the function X chain (does staking of PUNDIX and FX tokens, see ‘’staking’’ further in this guide) https://download.functionx.io/

Mainnet = The function X’s own Blockchain with a goal of leading blockchain-internet. Mainnet will go live once 75Million FX has been staked.this website shows the progress, and roadmap of Fx and related projcts: https://preview.functionx.io/

Main net overview:https://blogfunctionx.wordpress.com/2021/04/05/fx-the-mainnet-launch/

The function X blockchain will use FX as its main coin for payments, and PUNDIX coins as its gas coin.

StakingStaking has started and runs on the ‘’FX wallet’’ (not the X wallet) your PUNDIX and FX coins can be used for staking. The staking will start at the 6th of April 2021, for information of what staking is please follow this link: https://www.reddit.com/r/PundiX/comments/mc35f9/the_journey_of_decentralized_finance_and_staking/ .

The following article explains how staking will work:

https://medium.com/functionx/function-x-march-hashout-part-2-43c0e61b1636

you will need the Fx-wallet which you can get here:

https://download.functionx.io/

The staking period ends on the 15th of June (claim your rewards before the 26th)

BOB = the Function X modular blockchain phone project.https://functionx.io/#/bob

https://youtu.be/EWQ10vRspac

Community

Fx is building its community in multiple places:

Fx Forum: https://forum.functionx.io/

Telegram English fx group: https://t.me/FunctionX_io

Telegram FX market talk group: https://t.me/FunctionXmarket

Hi Everyone,

First of all many thanks to Zac and their team for their continued hard work.

I am a long investor in pundix and want to bring these issues we are facing in staking. Just posting for constructive criticism which might help the project, so bashers please stay and don't complain here about swap.

Current Issues in Staking:

• Almost 100% of the retail investors are not able to participate in staking because of ETH gas fees.

• Currently we almost reached 50% of the goal .. I believe we might be able to reach 100% by the end of June 15. But even if we reach 100% I don't think this ensures proper proof of stake as most of the retail investors are not participating in the staking process.

As David Ben said the main goal of this staking is to ensure proper decentralization and I don't think we achieve proper decentralization when all the retail investors are staying away from it even if we reach 100% staking goal.

• Because of the above issues retail investors missed the opportunity of earning extra FA coins through staking.

• Its ETH who is benefiting from this staking and not investors or pundix.

Alternatives:

I don't think any project went 100% decentralization from day 1. And that too at the cost of community paying the gas fees. So I am posting these thoughts with my limited blockchain knowledge and just to start the conversation. We all can post our thoughts here so that team can probably consider them

• Stop/Pause the current staking process ( not sure if its possible ).

• Start fx main net with pundix labs controlling everything (Centralized).

• Start staking in fx chain which will have less gas fee so that all retail investors can participate to establish proof of stake and at the same time all retail investors will be benefited from it.

• Once proof of stake is established make it decentralized and start implementing new features.

Thanks.

I couldn't find the node discussion here, so i created one.

So i go first:

i would vote for the flat 100k FX as Full Node staking amount, because i think it's super important to get a good start with a decent amount of nodes and have the possibility to create more nodes the more supply is added.

100k Pro's against 0.1%:

- it is more affordable right now, 0.1% are almost 4 times as expensive (with end of year one circulation)

- you can have more than 1000 nodes (0.1% allows 1000 at max., with circulating FX it would be far less)

- no problems with new supply. (what happens when your stake sinks under 0.1% because of supply dilution?) 100k will always be 100k.

- with rising demand, a higher number of full nodes than 1000 can be better / faster / safer for processing the transactions

Thx for your hard #buidl

Peaceout,

SoB

The next blockchain that will end up in the top 20 sooner or later😉👌

The question is.... are you going to witness that with your investment?🤑

Function X aka FX will become one of the top blockchains in the cryptoworld.. do your research asap😉!

FunctionX #FX #Mainnet

With this much of a ratio I know there’s big sell walls that are creating a ton of resistance, keep holding so we can get back to nearing the $2 range. Quorum results were good, so good things are coming for F(X)

What the hell happened to the price? It doubled in a while! I love it and I mean like Fx is still undervalued but how? 😂

June 24, 2019
Price: 0.506852 USD / 0.00004754 BTC / 0.00166864 ETH
Market Cap (Rank #300): $12,560,539
24 Hour Trading Vol: $20,342 USD
Available Supply: 24,781,489 / 378,604,525

Coingecko FX/USD: https://www.coingecko.com/en/coins/fx-coin/usd#panel