Red Pulse continues to be closely partnered with NEO and its pioneering blockchain infrastructure that has allowed Red Pulse to develop our smart contract-based Phoenix infrastructure: Proof of Creation, Proof of Ownership, Regulatory Compliance, IP Protection, and Accountability. The total token circulating supply of PHX + PHB will remain the same as before, ensuring continuity and transparency in regards to our market-driven token price and market cap.At the same time, the existing NEP-5 PHX token will continue to be natively supported by the platform. Binance users who hold PHX on will automatically have their PHX tokens migrated to PHB, and the exchange will continue to support the deposit of both PHX and PHB, while allowing for withdrawals in PHB.

The integration will consist of the launch of a new BEP-2 token called PHB, native to the Binance Chain ecosystem, and subsequent migration of NEP-5 PHX tokens on to BEP-2 PHB tokens, which will then be tradable on both as well as Binance DEX, the new decentralized exchange feature developed on top of the Binance Chain blockchain. Below there is a short explanation on how the dual-token system will work. The PHB token which is based on the Binance Chain and the PHX token which is based on the NEO blockchain. Users can access the news related to several sectors of the society, includingВ Financials, Technology, Healthcare, Consumer Cyclicals,В Consumer Non-Cyclicals, among other events occurringВ in Asia.At the moment Red Pulse is running on a dual-token system. Red Pulse is a Chinese news feed platform.

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