Pundi AI, previously known as Function X (FX), is a blockchain-based platform developed by Pundi X Labs. The platform rebranded to Pundi AI in 2024, shifting its focus toward integrating AI with blockchain technology. Its primary product, the Pundi AI Data Platform, is a decentralized marketplace where users can contribute, tag, verify, and trade AI training data as intellectual property, often in the form of NFTs.
Pundi AI operates as an omnichain infrastructure, meaning it connects to multiple blockchain networks. Key features include the "Tag to Earn" model, where users are rewarded for annotating data, and the AI Data Marketplace, which enables the trading or licensing of datasets for AI model training. The platform uses the PUNDIAI token (a rebranded version of the FX token) for transactions and rewards. Pundi AI also builds on Pundi X’s earlier work, like the XPOS device, to bridge crypto payments with real-world applications, now extending into AI data solutions.
In February, 2025, Pundi AI completed the redenomination of its FX token to $PUNDIAI, implementing a 100:1 supply reduction and transitioning to the Pundi AIFX Omnilayer. This greatly improved token logistics, utility, and liquidity across the ecosystem. Furthermore, in February, Pundi AI has integrated its decentralized Pundi AI Data Platform with the Monad testnet, combining scalable blockchain technology with accessible AI data tagging.
In March 2025, $PUNDIAI was listed on Bithumb and Upbit Korea in early March, with FX tokens automatically converted, streamlining user accessibility and local liquidity. At the same time, Pundi AI’s Data Platform alpha testnet also went live.
In June 2025, the Pundi AI team has announced that Pundi AI has been integrated with Binance Alpha. The team also announced the launch of the .PUNDI on-chain naming service in partnership with Unstoppable Domains.
By July 2025, the PUNDIAI team formerly known as FunctionX, initiated a discussion on discontinuing the Pundi AIFX Omnilayer chain and transitioning the ecosystem to Ethereum.
In August 2025, HTX completed a swap of FX tokens to PUNDIAI at a ratio of 1: 0.01.