Stox is an Ethereum-based prediction market platform. By using this open-source platform, users can predict when to generate their part of a stake for a specified event. The outcome of any event can be accurately predicted in nearly every category by making use of the wisdom of the crowd and combining it with the skills and knowledge of the individual. Stox can be used for predicting events like finance, politics, sports, weather and more. Stox is powered by its digital token STX. It is the main form of fees, currency, and collateral for placing wagers. Mainstream prediction market is the core activity of Stox.
Stox has been developed as a fully functional app for predicting event outcomes. It is designed to implement the user side requirements. This will include everything from access to the currency network on the chain to Smart Contracts. The app is also designed to deliver access to event metadata, listings, and content, listings from a cloud storage system that’s decentralized. The ultimate aim is to create the best decentralized prediction market for mainstream audiences. Stox is designed to maintain a successful ecosystem of users wanting to be a part of event outcomes.
The Stox Bounty Program offers a great way of partnering with the platform. Users can earn impressive rewards by contributing to the network. The Bounty Program offers the opportunity to earn STX everyday potentially. Participation is simple and easy through a user-friendly registration process. The bounty program includes components like social, content, video, predictions, and bug bounty.
The Stox initial coin offering token sale (ICO) has hit the $30 million target that the developers were aiming to raise. The event helped raise 1,48,000 ether valued at around $33 million. This makes Stox ICO the ninth biggest to date and catapulted this currency to the top ten league. The smart token of Stox, STX will be employed through the Bancor protocol to deliver a P2P trading experience to all users of STX.
Post a highly successful ICO, the roadmap for Stox will be the implementation of its decentralized platform. Users can make their predictions on any event using the resources available.
The total supply of STX in the market currently is 58,500,603 and the circulating supply is 42,660,061. The market cap for STX is $31,763,657. The coin is presently trading at $0.744576.
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