f(x) Co-Founder to Speak at Korea Meta Expo 2024 on Democratizing AI Data and Science

f(x) Coin’s co-founder is scheduled to speak at the Korea Meta Expo 2024 on November 27th in Seoul. The presentation will focus on democratizing and tokenizing AI data and science in a decentralized way with Pundi AI.

Pundi X co-founder set to speak at Korea Meta Expo 2024

The co-founder of f(x) Coin will be speaking at the Korea Meta Expo 2024 on November 27th in Seoul. The presentation will focus on how Pundi AI can be used to democratize and tokenize AI data and science in a decentralized way.

f(x) Coin is a crypto coin that powers the Function X blockchain network. The network is designed to replicate and innovate upon traditional financial products by offering decentralized financial solutions and a trading system. Its architecture is built upon a multichain framework, known as subnets, which is both customizable and scalable to cater to diverse business requirements.

The network operates with two primary subnets: one facilitates global retail payments by processing transactions on-chain, and the other supports the trading of cryptocurrency-based perpetual contracts and other derivatives. A distinctive feature of Function X is its compatibility with the Ethereum Virtual Machine (EVM). This compatibility ensures that developers can swiftly migrate their decentralized applications (dApps) to Function X, benefiting from reduced fees and enhanced security. Notably, Function X is among the pioneering projects to integrate an EVM-compatible chain within a Cosmos-based framework.

FX Info

Function X is a blockchain network that aims to revolutionize the decentralized finance (DeFi) landscape by introducing a unique architecture that combines the strengths of both Cosmos and Ethereum. This hybrid approach empowers Function X to offer a diverse range of decentralized financial solutions, catering to the needs of both retail and institutional clients.

The network is constructed upon a modular framework of subnets, each designed to fulfill a specific function within the broader Function X ecosystem. These subnets are highly customizable and can be tailored to meet the unique requirements of various use cases, including retail payments, decentralized exchanges, and gaming. By leveraging the capabilities of subnets, Function X can efficiently process a vast volume of transactions, ensuring scalability and minimizing congestion on the network.

Moreover, Function X boasts compatibility with the Ethereum Virtual Machine (EVM), enabling seamless migration of decentralized applications (dApps) from the Ethereum network to Function X. This integration caters to the growing demand for cross-chain interoperability and facilitates the entry of new projects into the Function X ecosystem. Notably, Function X is pioneering the integration of an EVM-compatible chain within the Cosmos framework.

FX coin is a native token within the Function X ecosystem that serves dual roles: a governance token and a gas token for f(x)Core and f(x)EVM operations. Subnets within the ecosystem can choose to adopt FX as their gas token. Following a Token Generation Event, 20% of the total FX supply was introduced into the market, while the remaining 80% will be gradually distributed over 15 years through a Proof of Service (PoS) model. This mechanism rewards service providers for their contributions to the network's upkeep and development. The total supply of FX is capped at 1,893,022,622.314.