There Telegram is flooded with nonsense messages and they are not interested in listening to the community, they have their own plans and agenda and believe they are on the right track.
Sadly that track was wrong and it will end in disaster but they seem keen to follow it.
I am beginning to think that the telegram was created for ICO marketing but after sales, the support has slowly disappeared.
Their telegram should be one of the best channel to communicate their news and updates, and also to answer the queries of the investors since this project does not just stop at a certain phase and we called it a success, its a long journey going to their big goal and they need a supportive community on that journey.
They have not utilised their Telegram in the best way to get their messages across. Part of it simply seems as though they just do not care.
I hope they start a process that involves investors being allowed to give their input and the board members seriously consider what investor concerns are.
How many projects die immediately or weeks after their ICOs? The Pundi X team have worked hard in trying to make a real business here. It is clear with their XPOS device in mind when they launched their ICO this was and still is a genuine project with unbelievable potential bit it needs to make changes otherwise the market capital will drop further.
The market capital peaked at an all time high of $363.5 million in July 2018 but sadly it has fallen to just $43 million today with an all time low of just $38 million in October 2019. Something must change to save the inevitable.