ProximaX is a cryptocurrency payment platform. It was developed as an extension of the Blockchain and Distributed Ledger Technology (DLT) with utility services and protocols. ProximaX provides the users with crypto storage features as well as a P2P (Peer to Peer) multimedia streaming and messaging service.

The ProximaX token (XPX) is a Nem-based algorithm cryptocurrency. It will be the currency used to access the platform available goods and services.

Team:

• Lon Wong: Founder and CEO.  
• Alvin Reyes: Co-Founder and CTO.  
• Devinder Singh: Director – Projects & Operations.
• Dr. K W Lee: Head – Applications Development. 

ProximaX ICO began on April  15, 2018. The ICO token supply represents 55.6% of the total token supply, so there were a total of 5,004,000,000 XPX tokens available, for 0.0094 USD each. The ICO funding cap was 112,500,000 USD and has ended on April 25, 2018.

Token Reserve Split (44.4%):

• 28.4% ProximaX Foundation;
• 5% Marketing;
• 4.4% Vendor;
• 4% Core Team;
• 2.6% Founders.