A few months in crypto can change the entire dynamic and feel of a token. Recent developments and updates for POSW have caused a surge in volume. The overall attitude in the community is one of excitement and eagerness. From my perspective, if these roadmap milestones are hit, Proof of Stake Wallet has the potential to be a contender in the field.
POSWallet.com believes staking as a service will be a major and critical piece of the blockchain ecosystem as it emerges into the mainstream and touches the average everyday consumer. PoSW aims to give users an intuitive and easy-to-use interface which performs the various actions and specific functionalities that these coins hold…
There is a clear problem and a proposed solution. Ease of use is imperative in drawing new people into the ecosystem. PoSW aims to be the driving force for the "everyday consumer."
Roadmap milestones have already been achieved. If the team has completed these tasks, and have revitalized the community after the long down trend from their all-time high, then I see no reason why PoSW cannot return to previous satoshi levels.
Roadmap milestones reached
This was no easy task, I am sure. Given the negative stigma attached to the coin, I respect the team members who stuck it out and worked hard on their project. It looks like all the work done behind the scenes has culminated in what we are now seeing today. No project is without trials. In my opinion, PoSW has faced them and is on their way to declaring victory on the other side.
The next goals on the roadmap
I see no reason that these will not be achieved. Multiple developers were added to the team recently. The community is growing again. I will be watching the progress closely.
Why am I interested in POSW?
They already have Ledger support. This alone is good news for the coin. The roadmap is ambitious. Very detailed. We can see exactly what the goals of the team are. Registrations for the POSW site will reopen on October 1st. I am a member of their Slack and the team is active and responds to questions in a timely manner.
Lets take a look at it from a technical point of view for a moment. Here is the daily chart of POSW on Cryptopia.
You can clearly see the amount of volume pouring in at this time. There is much room to grow here in price. Give me a coin with solid fundamentals, increasing volume, and a long channel of inactivity in price movement . . and, well, I hope you can see my point.
Thanks for reading! If you have any questions or comments, please feel free to leave them down below.
New Website: https://posw.io/
POSW Slack invite: https://poswallet.signup.team/
POSW daily chart: https://www.coinigy.com/s/i/59b45e991af00/
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