About PDX
PDX Coin, through its patented PDX Beam payment application suite, is at the heart of a global payments and digital banking platform that aims to allow hundreds of millions of retail users, institutions, merchants, vendors, and ecosystem partners to participate easily in the crypto economy with instant conversions between digital and fiat currencies. Through the upcoming virtual banking services and payment apps, all major crypto assets supported by the platform will become instantly liquid, and available across tens of millions of locations and online sites around the world, as the platform rolls out globally. By late 2025, PDX plans to also introduce a regulated exchange platform to trade digital shares of most publicly held companies, as well as cryptocurrencies.
PDX Beam turns crypto into currency, seamlessly and efficiently for the very first time. It also enables direct fiat cash transactions and transfers. The Beam platform makes the payments processing industry obsolete, allowing PDX to halve the transaction costs that merchants and users currently pay, while also giving merchants and other receiving parties instant real-time cash settlement. The merchant no longer has to pay egregiously high transaction fees, and wait days for its money. Beam integrates seamlessly into the merchant’s existing POS system, quickly and at no cost whatsoever to the merchant, and without disrupting any other payment rail supported by the merchant or its POS system.
The PDX Beam platform will commence beta testing by Q3, initially in a virtual sandbox environment, and then moving into a production test phase with real-world, real-time transactions that anyone, and any merchant, can participate in.
Although PDX’s primary objective is to capitalize on its crypto payment and virtual banking capabilities in the conventional world, we are building our technology and product base in anticipation of a fully functioning and heavily populated metaverse in the near future. The project aims to provide all of its banking and defi products and functions in the metaverse, in addition to being a leader in retail and commercial payments.
In the near future, PDX intends to invest in and form long-term partnerships, joint ventures and alliances with content developers in the fields of sports, gambling, gaming, and other entertainment. A goal of this project is to be involved in the creation of popular metaverse destinations that are serviced exclusively by our payments and financial platforms. Content creation will also be a significant component of our upcoming Siberia blockchain protocol. Siberia, which will be a stand-alone high-performance blockchain, will commence development in the Q4, with a launch target by the end of 2025.
PDX is the world’s first true compliant digital currency supported by independently certified energy assets.
PDX Built on a Strong Foundation of Transparency and Compliance
PDX is founded and coordinated by a fully transparent, experienced and highly reputable team who will manage the operations and development of PDX and act to ensure compliance with applicable laws of the U.S. and other jurisdictions. PDX will be issued in accordance with the relevant laws in applicable jurisdictions.
Transfers of PDX tokens will be subject to compliance with all applicable laws. The maintenance of PDX’ commencing energy assets and reserves will be compliant with laws governing transactions in commodities, likely including the U.S.
Commodity Exchange Act. Financial statements related to PDX and its energy assets will be prepared in accordance with U.S. generally accepted accounting principles or similar standards as may apply in other jurisdictions, and may be subject to audit by a leading global accounting firm.
PDX TAX
Unlike PDX, U.S. based energy exchange-traded funds (ETFs) presently subject holders to annual tax and tax reporting obligations due to allocations of income related to the ETFs’ holdings.
In contrast to ETFs, but like other digital tokens, PDX is expected to be treated as a currency in its relevant jurisdiction(s) for income tax purposes and will not allocate income related to PDX’ operations (including supporting energy reserves) to holders of PDX.
A consequence of this structure, holders of PDX are not expected to be subject to annual tax but instead will be taxed only upon any gains (or losses) from their sale of PDX. By separating the tax attributes of PDX from the tax attributes of their underlying energy assets, PDX represents the creation of a new and unique financial instrument with potentially favorable tax treatment and return profile for U.S. and non-U.S. investors
PDX will comply with all applicable tax laws in relevant jurisdictions and will support record keeping and transparency to allow all holders, purchasers and sellers of PDX to comply with their applicable tax reporting obligations as and where required.
PUBLIC TRADING MARKET FOR PDX COIN
PDX Coin has been publicly traded since December, 2021. It currently trades on the P2PB2B exchange in Europe. We had previously also been traded on Vindax and XT.com, however withdrew those listings as they did not meet our standards. From late June of 2024 PDX Coin will also be traded on Bitmart, LBank, and MEXC, all major mid to top tier exchanges, and which will expose PDX to a considerably wider audience, with greater liquidity and trading volumes. From August of 2024 PDX Coin also expects to become listed and traded on Binance, and Kraken, following completion of a critical part of the upcoming beta test program for the PDX Beam global payments application.
Binance and Kraken are also key strategic partners for PDX. Since the start of trading, and as the group and its projects have developed, we have seen a gradual increase in price and market capitalization. In December of 2021, the PDX Coin trading price started at $25 per token. Today the price is around $190, and the market value of PDX’s tokens in general circulation is almost $280 million. We expect that in line with the referenced new exchange listings, combined with the upcoming beta test and the release of results therefrom, that our price will have considerable upside., as a result of the tight token supply, combined with greatly increased demand, and limited selling at a critical inflexion point in the project’s history.
Trading in PDX Coin can be followed 24/7 on Coinmarketcap
PDX TECHNOLOGY
PDX will likely be driven by Ethereum-enabled blockchain technology in order to provide a robust and decentralized method of verification, tracking and exchange.
The Ethereum blockchain is expected to provide an auditable and cryptographically secured global ledger and will facilitate transactions with other familiar currencies (both fiat as well as crypto) and assets. At its core, PDX represents the peer-to-peer transferability of digitized commodity value.
PDX STRUCTURE
PDX’ unique structure, verified intrinsic value and expected much lower volatility will provide meaningful economic benefits to its holders, purchasers and sellers. In particular:
- PDX will be a reliable store of value, medium of exchange and unit of account
- PDX will enable holders of other digital or national currencies to lock in gains and/or protect against ruinous declines in value due to inflation, volatility or currency devaluation, and
- PDX will be an effective and tax advantaged economic proxy for investments in energy, and to the extent of their positive correlation with energy, and other commodities.
These characteristics, together with a continuous focus on transparency and regulatory compliance, position PDX to be the leading safe haven digital reserve currency capable of appealing to global investors and consumers regardless of size, sophistication or capital base.