The live price of StormX (STMX) today is 0.006719 USD, and with the current circulating supply of StormX at 10,000,000,000 STMX, its market capitalization stands at 67,194,405 USD. In the last 24 hours STMX price has moved 0.000375 USD or 0.06% while 5,810,254 USD worth of STMX has been traded on various
exchanges. The current valuation of STMX puts it at #281 in cryptocurrency rankings based on market capitalization.
Learn more about the StormX blockchain network and how it works or follow the price of its native cryptocurrency STMX and the broader market with our unique COIN360 cryptocurrency heatmap.
StormX is revolutionizing the way people earn and engage with micro-tasks and freelance work through its innovative platform, Storm Market. By integrating blockchain technology, StormX aims to create a decentralized marketplace that eliminates inefficiencies and promotes global inclusion and efficiency. With the introduction of the STORM token, Storm Players can earn Bolts for performing tasks and monetize their Bolts into STORM tokens, creating a seamless and rewarding experience for participants.
Technology & Mechanism
StormX utilizes a consensus mechanism that ensures the integrity and security of transactions within the Storm Market. The specific consensus mechanism employed by StormX is not disclosed in the available information.
StormX operates on the Ethereum blockchain, leveraging the benefits of smart contracts and the ERC20 standard. This enables secure and transparent transactions, as well as the seamless integration of the STORM token into the Storm Market ecosystem.
StormX is designed to scale and accommodate a large number of users and transactions. The integration of blockchain technology allows for efficient and seamless processing of tasks and payments, ensuring a smooth user experience.
By leveraging the Ethereum blockchain, StormX ensures the security of transactions and user data. The decentralized nature of blockchain technology eliminates the risk of a single point of failure, making it highly resistant to hacking and fraud.
StormX prioritizes the privacy of its users. While the specific privacy features are not detailed in the available information, the use of blockchain technology provides a level of anonymity and data protection.
StormX aims to create a decentralized marketplace where participants can engage directly with each other, eliminating the need for intermediaries. This promotes transparency, reduces costs, and empowers individuals to monetize their skills and earn a fair income.
Development Team & Governance
The team behind StormX is not extensively detailed in the available information. However, they are responsible for the development and implementation of the Storm Market platform. The governance model of StormX is not specified.
Use Cases & Potential Impact
StormX has the potential to disrupt the traditional freelancer marketplace by reducing transaction fees and providing more value to participants. The gamified micro-task approach encourages active participation and boosts user engagement. By creating a global, digital ecosystem for earning and advancing, StormX aims to provide opportunities for individuals to improve their conditions and earn a fair income.
Purchase & Storage
How to Buy
STORM tokens can be acquired through Storm Play, the rebranded BitMaker app. Users can earn Bolts by performing tasks within the app and then convert their Bolts into STORM tokens.
Wallets & Storage
STORM tokens can be stored in any ERC20-compatible wallet, such as MyEtherWallet or MetaMask. It is important to ensure the security of the wallet and keep the private keys safe.
Partnerships & Collaborations
No specific partnerships or collaborations are mentioned in the available information.
StormX has already grown a market with over 250,000 monthly active Storm Players through Storm Play. The project's future plans include the launch of the Storm Market, which will serve as a decentralized marketplace for tasks using smart contracts and STORM tokens. Additionally, StormX aims to develop blockchain-based smart contracts to further enhance the functionality and efficiency of the platform.
Risks & Challenges
As with any blockchain project, StormX faces potential risks and challenges. Regulatory compliance is a key consideration, as the project operates in a rapidly evolving regulatory landscape. Additionally, competition from existing centralized platforms may pose a challenge to the adoption and growth of StormX.
Community & Regulatory Compliance
StormX has built a community of over 250,000 monthly active Storm Players through its Storm Play app. The community actively engages in micro-tasks and freelance work, earning rewards and advancing through the gamified system.
StormX aims to ensure regulatory compliance in the jurisdictions it operates in. As the project evolves, it will continue to monitor and adapt to regulatory requirements to ensure a compliant and secure platform.
In conclusion, StormX is poised to disrupt the freelancer marketplace by leveraging blockchain technology to create a decentralized marketplace for micro-tasks and freelance work. With its gamified approach, StormX provides a unique and rewarding experience for participants, while promoting global inclusion and efficiency. As the project continues to develop and expand, it has the potential to empower individuals and reshape the way people earn and engage with work in the digital age.
Note: The information provided in this description is based on the available information at the time of writing and may be subject to change as the project progresses.