Pundi X (NPXS) – 3 reasons why this token will moon in 2018

Related Topics


Blockchain technology and cryptocurrencies have been around for close to a decade now. Unfortunately, adoption has been slow. Even with all the hype around cryptos last year, the truth is that very few people are involved in crypto space. The main reason is that unless you are tech savvy, it is not easy to buy and sell cryptos on exchanges. This low level of adoption by the masses may explain why merchants too, have been slow in integrating cryptos into their payment systems.

Pundi X (NPXS) is bridging this gap between cryptocurrencies and the non-techie masses, by providing the infrastructure required for anyone to buy and sell crypto, as well as make payments for goods and services.
It is doing this by providing a point of sale device that can used in any store to purchase cryptocurrencies. Pundi X is also offering free debit cards that people can use to purchase cryptocurrencies of their choice by simply swiping the card on the POS system. Buyers don’t need to interact with crypto exchanges at any point.

So good is the Pundi X token as an investment?  From a fundamentals point of view, the Pundi X token is probably one of the most viable crypto investments at the moment. Here is why.

  1. It is a utility token

A utility token usually derives its value from the use case of the underlying platform. In the case of Pundi X, the more people adopt the Pundi X card and POS (point-of-sale) system, the more this token will gain in value. Considering that Pundi X (NPXS) is giving out these devices; and the card for free, it then follows that the level of adoption by different merchants across the world will be quick. It won’t take long before people start using them to purchase bitcoin and other cryptos, thereby driving up the value of the PundiX token.

  1. Traditional payment gateways are not crypto friendly

Let’s face it, companies such as Visa and Master card will most likely never make it easy for people to transact in cryptos. Banks too are not making things easier, and are unlikely to do so anytime soon. That’s because cryptos are in direct competition with them, and are a threat to their business models. As such, the long-term direction will be in developing an alternative payment gateway for crypto. That’s exactly what Pundi X is doing. Considering that it is among the first to do this, it will have entrenched itself in the market by the time others come along. This first-mover advantage is great to the value of the Pundi X token in the long-run.

  1. Asia is Pundi X’s core market

Asia is one of the largest crypto markets in the world. The Pundi X team wants to take advantage of this, and launch from this market before spreading its weeks across the world.  That’s why the first Pundi X POS devices will be shipped to South Korea, Japan and Singapore. If crypto users can adopt the Pundi X POS in these markets, it will give tremendous value to Pundi X (NPXS) token going into the future.


5 Best NFTS stocks to buy in 2022

A non-fungible token (NFT) is financial security consisting of digital data stored in a blockchain, a form of a distributed ledger. The ownership of an NFT is

Sign up today for our free weekly newsletter!