Someone has to write this post, Iota has been in existence since 2015, since that time many of us, including myself, have invested in Iota in the expectation that being a “first mover” within IoT Tokens it had a real usability and possibility of making a breakthrough within Machine 2 Machine communications.
That was 4 years ago, since then we’ve heard nothing more than hype, hype, -
https://cryptoslate.com/iota-and-volkswagen-will-launch-blockchain-enabled-cars-in-2019/ -, more hype and finally, still no integration. Not a single use case of anyone using Iota. I know all you fan boys out there will hate to read this, but I’m firing the truth, and you all know it! Stop your fanaticism for a minute, sheesh, even I invested in Iota during the hype, but the hype is over and 4 years later we have nothing to see from it. #FACTS
So, looking forward, I’ve been following another IoT token, also out of Berlin, Germany. MXC (Machine Xchange Coin) has caught my attention. I don’t say that lightly, as I mentioned above, I’ve been burnt by other IoT Tokens out of Berlin. But, this one is somehow very, very different. They don’t go about Hype before the deal is signed, they do deals and then people jump on board! This isn’t an IoT token to watch, this is an IoT token that’s going places! Why? Let’s look at some #FACTS.
MXC has strong backing, they’re also a German based IoT Token, but with very strong support from China: early investors; Fenbushi, QuarkChain, VEChain, Huobi. All of these names KNOW Tokens, they know Blockchain and they wouldn’t invest if it weren’t something that’s going to be bigger than big
It’s a bear market and I’ve been watching MXC price closely since their launch, let’s compare the last few months with that of Iota:
MXC Charts:
https://imgur.com/gjo68dCIOTA Charts:
https://imgur.com/b80RlMIComparatively speaking MXC started in some of the worst months (DECEMBER, 2018) to begin in the Crypto world. That was their launch date, since then they’re hovering very stable at around the .8cent mark (down about 30%) this is strong stability in a bear market. Now, compared that with Iota who hit the lofty heights, where is the stability? #FACTS Iota continues to drop at an alarming rate and there are many rumours surrounding their ability to keep afloat the longer this goes on.
Usability, this is what will keep any token alive in 2019, 2020 and beyond. In just a few months MXC has established a Global hardware network, something that Iota fails at miserably, we haven’t seen any adaptability, we’ve heard a lot about it, but until now (4 years later) nothing. Whereas MXC states they’re connected to a global hardware LPWAN network reaching in over 40 countries, but besides that, in the first few months they’ve done impressive data deals, 1 in New York city:
https://www.smartcitiesworld.net/news/news/nyc-adopts-blockchain-based-smart-city-standard-3686 and teaming up to penetrate the South Korean market:
https://www.marketwatch.com/press-release/mxc-brings-smart-city-iot-standard-to-south-korea-2019-01-30 all of this within just a few months! There are now rumours that they have signed a deal with a Government directly, this is big, big, big news. If this rumour does become true, MXC holders are going to be very wealthy.
I know that many of the things I’ve written here will offend many, I also know that many of the people reading this wont concentrate on pure facts, that’s what Ive tried to highlight here. Have you started questioning Iota ability to roll anything out? Doesn’t it seem strange that another IoT token is already hitting the ground running? Is this a new style of IoT Token? MXC is a determined outfit with very strong backing. I will continue to watch them, they are a token to be feared by other IoT tokens that aren’t delivering, I suggest Iota is very much on their list. The next step, government implementation, if this happens in the next 8 weeks then the sky is the limit, and we’re on ground zero.
This is not investment advice. Do your own research. These facts I have chosen to highlight in this post have formed my opinion in this piece. I suggest you compile your own facts before investing in any token.
