Very good presentation of the project and the mission! You mentioned nearly all reasons why i'm interested in Pundi X. I wanna add some other short and long term reasons in my point of view:
- currently Pundi X is in a heavy buyback program of NPXS, 3rd time they bought back 200 ETH now which is positive for the price
- the more XPOS devices are in use the more NPXS will be burned like gas as transaction fee which is good for price
- partnering with many other projects like VeriME, Qtum, NEM.. and i think many will follow for integration in the devices and software
- David Ben Kay joined the Pundi X team to remove all the obstacles on the way to mass adoption (because he knows from his experience)
- sizeable monthly token airdrops which give holder a lot incentive to stay with their tokens for the long term beside the wonderful mission to bring crypto to the masses
Beside all the positives there are few caveats which Pundi X is normally directly responding:
- first planned automatically executed token swap was stopped because of not intented trading on decentralized exchanges like EtherDelta and later replaced with the current method.. a lot discussion in the community, BUT Pundi X decided to listen to us! Good move.
- whitepaper is not available anymore on the website, maybe due heavy changes and outdated information but you can read here
- the buyback program came out of nothing, because suddenly it was necessary for the management to do it and have enough tokens at disposal, which is on one hand negative if such big strategic decisions are always made without earlier announcement and positive because the company adapts quickly on current market situation
Overall i'm also amazed by the speed they are moving.. getting in contact with strategic partners and have this clear, strong mission you pointed out so well. So i wrote also an article about with the bridge building ability they introduce in crypto space..
Thank you.
Thanks for all the extra information! In terms of the current price after the crazy bull run, do you think it would be wise to take a position in it now?
In terms of ICO price it is a 3-bagger currently. I'm holding since the public sale and saw also the massive decline recently. I would say short term there are no monster gains anymore but i see long term great potential.. 2-3 years with the goal to place 100k XPOS around the world (12 countries) with a reach to 1000 customers per device. But crypto is always a crazy market, maybe also NPXS plummets in the next month to new lows and then will come back again.. i'm typical buy&hold and i don't care about short term speculation.
Okay, thank you. I was just trying to catch the bottom and from reading about it - I do realize that it may take a while for it to become "mainstrem" (or at least partially).