On February 25th, 2025, Pundi AI officially announced the rebranding of its token. The $FX ticker has been updated to $PUNDIAI, along with a significant reduction in token supply.
Reasons for Token Upgrade
The primary reason for the upgrade is the 100:1 reduction in token supply, aimed at creating scarcity and potentially increasing value, assuming demand remains stable or grows.
What Will Change for Token Holders
Token holders on centralized exchanges will see their tokens updated automatically. Users on Base or Ethereum will need to manually upgrade their tokens, with an option to bridge to the Pundi AIFX Omnilayer for automated upgrade.
Pundi AI's Future Plans
Pundi AI plans to launch additional products, including the Pundi AI Data Marketplace and Pundi Fun AI Agent Launcher. These initiatives are aimed at supporting AI and creating decentralized solutions. Combined with new token utilities, this could lead to increased adoption and value.
The rebranding and token upgrade by Pundi AI are aimed at strengthening market trust and fostering adoption of decentralized AI solutions.