PundiX (NPXS) is one of the biggest gainer this month. Today, it has added to its recent gains and is up by over 12%. This is in spite of the entire market being in the red. Today’s gains can be attributed to an announcement by the PundiX team that they will be participating in the Singapore Fintech week that will be running from the 12th to the 18th of November.
The event is exciting for PundiX investors because it will give this crypto even more exposure in the markets. That’s because this event is one of the largest in the FinTech world. This is easy to tell by the event sponsors that include Visa, KPMG, and Oracle among others.
PundiX has announced that in the course of this event, they will be launching a number of promotions geared towards pushing for the adoption of PundiX POS devices. Considering the high profile nature of this event, and the fact that PundiX will be an active participant in trying to push for adoption, it’s not hard to see why there is excitement around PundiX in the investing community. If PundiX wins over a number of strategic clients during this event, it could pump even more in the course of the week.
The other key event that PundiX will be participating in this month is the Fintopics event in Sao Paolo Brazil. This is an event that is organized by the Brazilian Association of FinTechs. The goal of this event will be to discuss the importance of structuring operations to focus on expansion to new markets. This augurs quite well with the goal of the PundiX team, which is to push for mass adoption. In essence, this event could play a huge role in the long-term adoption of PundiX in South America, a key market for cryptocurrencies.
The other event for PundiX this month will be in Indonesia, another key market for cryptocurrencies, and one where PundiX could gain merchant adoption and drive up the value of PundiX (NPXS). Marketing is a critical component to crypto adoption and the PundiX team has got it right. Their marketing efforts in the past have borne fruit, as is evident in the ever increasing demand for PundiX POS devices in the market. PundiX POS device orders have been rising consistently all across the world, an indicator of growing adoption.
But it’s not just in marketing that PundiX has got right. It has also got it right in terms of technical development. For instance, its f(x) blockchain allows Android developers to create decentralized applications just like they do with ordinary android apps. This is a practical application to this blockchain, one that will see widespread adoption and fast. It could see an explosion of Dapps as compared to another platform blockchains that are not so strong on real-world application.
PundiX is without a doubt a strong blockchain, one whose potential for adoption could see its value rise to a dollar or more in the long-run. It’s future potential is bright.