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Review on Pundi X by Kee Gardner
All in all, Pundi X is a well-thought-out project that is simple in theory and…
All in all, Pundi X is a well-thought-out project that is simple in theory and design. They've taken traditional POS terminal devices and infused them with the capability of accepting crypto as well as allowing customers to buy crypto at the register. It's genius the way they've taken the volatility issue away from the business and automatically converts the transaction into the desired currency on the seller's end. This allows the seller to be able to focus on their bottom line as usual, but to drive more customers into their establishment by offering more services and payment options. It's a great project and product.
Pros
- They have hit the ground running by implementing hardware solutions that will enable anyone to purchase and/or use cryptocurrencies at a merchant who is using their POS device. This is really the only project that I've seen that is actively engaged in bringing the idea and use of cryptocurrency into the masses. The team behind this project is very experienced and are veterans in the field of blockchain applications and business. They have a clear use case and have produced a high quality "infomercial" to showcase their product to inquiring vendors and investors.
Cons
- The coin swap was a messy situation and left a sour taste in some investors' mouths. There seemingly was no foresight into the issue of needing more coins to support their ecosystem and coin burns over the long haul as mass adoption takes place. Most of the POS devices have been acquired in Asia, which fails in making a marked impact in the West.
