We will focus obsessively on customer experience to drive both growth and retention, and promoting network effects to catalyze consumer acquisition.
By emphasizing a world-class product experience, PDX and PDX Network Protocol will be perfectly positioned to become the standard for retail cryptocurrency payments, by directly solving the needs of both merchants and consumers while remaining independent of legacy payments architecture.
Decades of specific domain experience have allowed our team to create the most efficient, simple, and open cryptocurrency payments platform, ultimately enabling worldwide adoption and growth.
PDX and PNP will both benefit significantly from their respective growth: the greater the number of merchants accepting payments through PNP, the greater the value of cryptocurrency that can be spent by consumers.
Our primary network effects are improved by increasing merchant acceptance worldwide, which is straightforward due to PNP’s broad compatibility.
As mobile technology advances around the globe, the network effects of useful payment apps have dramatically increased. In China, more than 1billion people use Alipay and WeChat Pay for everyday commerce: booking rideshares, paying rent, and buying movie tickets at millions of merchants, even in remote, rural areas. In 2012, Alipay and WeChat Pay combined processed 81 billion USD in transactions; just four years later, they processed a total of 2.9 trillion USD — an increase of 2,000 percent.
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