$98 Million Investment, Smart Money is on MXC

$98 Million Investment

The MXC Foundation has taken the IoT world by the horns with a lucrative investment, ensuring their data network becomes the largest free LPWAN data network on the planet. The MXProtocol, which is the critical mechanism aiming to ease the complexities of IoT devices to be connected to the network in order to create smart cities as a reality of very near future, was able to secure a hugely significant investment of around $100 million from their old native backing supporters, creating rippling waves into IoT industry. This investment pooled to the MXC fund when the whole Crypto market dipped, making MXC one of only IoT tokens to be the top gainer under all the exchanges.

The investment is expected to be rolled out over 24 months and will be one of the most significant cash inflows into an IoT Blockchain project, ensuring a revolution in the world of Smart City data. In addition, the funding round opened doors for other potential investors to see MXC as a very hot investment project.

The world of smart data is ablaze with opportunities on a typical day, but some days stand out in this regard. The hype around crypto and blockchain has reached a fever pitch, with individuals from all walks of life enthralled by the possibilities. While crypto and blockchain have been mainly posited as investment vehicles at an individual level, the technology holds immense promise on a much larger scale, especially for smart cities.

Businesses and governments everywhere are excited by the potential of using blockchain technology to build better, smarter systems. In China, the hope is that blockchain technology can be combined with IoT principles to create smart cities that improve the standard of living for its citizens. The MXC Foundation takes this mission globally.

Of course, this cannot be managed via the private sector alone. This is where big businesses come in. Enterprises see the MXC foundation and the team behind it as investment potential in the billion-dollar IoT market. They have been eager to partner with innovative projects MXC has visioned to deliver.

MXC Foundation

The MXC Foundation is a Berlin-based crypto startup focused on constructing the world’s first and largest free and open IoT data network. This mission is well on its way to being realized, with almost $100 million planned to be rolled out over 24 months raised already for these massive ventures. A brief look at the list of investors who have already backed MXC provides ample evidence of their potential. The list includes Huobi, Atlantic Labs, LongHash, and VeChain, and many more to follow.

Furthermore, savvy investors such as Jeffrey Wernick (of Uber and Airbnb fame) have also expressed bullish sentiments towards the company, helping craft their roadmap. This should be enough to convince even the most cautious investor to jump on the train before leaving the station.

There actually may not be enough time as well since major players in the investment and crypto world have begun to take notice of MXC’s incredible IoT and Web 3.0 product lineup. As recently as May of this year, Alibaba made MXC the first IoT blockchain startup to be a part of its “Alibaba IoT Connectivity Alliance” (ICA).

Anyone familiar with Alibaba would know just how immense this recognition is. Moreover, it highlights the potential that MXC promises. With exciting Q4 releases right around the corner, mentioned by the cofounder, Aaron Wagener, in his latest tweet, “Q4 means its time to deliver”,  MXC stock is predicted to provide an incredible return on investment.

If MXC were just another token-based blockchain solution, there is very little chance new-age investors such as VeChain, LongHash, Huobi, and Alibaba would endorse them. However, the fact that MXC focuses on multiple revenue streams from IoT data and Web 3.0 infrastructure models to smart cities has seen investor enthusiasm go through the roof, with Q4, 2021 expected to be their biggest growth period yet.

This milestone investment is only the beginning; more are expected once MXC launches its blockchain trifecta. This constitutes three game-changing releases from MXC: a fresh data network payment model, NFT’s, Low-Power Bitcoin mining solutions, and MXC device provision.

The MXC device provisioning is particularly sensational as it aims to penetrate a trillion-dollar data market. This is what makes many high-profile investors bullish over supporting MXC. Getting in on the ground floor will be crucial to solid returns.

The M2 Pro Miner is of significant interest as it powers the complex MXProtocol “LPWAN” smart city network. This miner is the only one on the market that has received both private and government funding. This was a testament to its potential that is now being realized.

The MXProtocol network infrastructure, powered by the M2 Pro Miner, has already comfortably surpassed internal expectations. The rapid sales of M2 pro miner and the pre-orders signifies the market saturation across the globe is proceeding at an unprecedented pace.

This success is underpinned by the sound technology that the M2 Pro Miner is based on. With a range of 15 miles using only 2.7 Watt of energy, along with being the world’s first low-power multi-token miner, the MXC LPWAN infrastructure promises to be a true leader in network coverage and performance compared to any other miner out there.

As already stated, the time to invest is now! MXC token is currently undervalued, which presents an excellent opportunity to get in on the ground floor. Once the blockchain trifecta is released, this situation is certain to change. Furthermore, the $100 million in investment has already seen a massive amount of investors jump on board. Beginning the day at 1.9 cents (US) and hitting a high of 3.8 cents, the price at the moment is still considered low enough for an entry for savvy investors.

The world of IoT technology is wide open, and MXC hopes that their releases, combined with institutional investor support, will position them as market leaders for years to come. The MXC Foundation is a token not only to watch but to get involved in, with the lofty expectations around the token set to rise towards the end of 2021.