StormX

What is StormX?

StormX represents a revolutionary application and Chrome extension enabling users to accumulate cryptocurrency through various avenues. The application aids individuals in earning crypto while engaging in activities such as shopping, completing tasks, or staking their existing $STMX. The platform is committed to assisting users in earning cryptocurrency at every stage of their journey.

Anyone can use StormX with these steps:

1. Download the application via the iOS or Android app, or activate the Chrome Button.
2. Users can shop at over 1000 online stores (including eBay, Nike, Agoda, Sonos, Addidas, New Balance, Lego...), activate the reward, and proceed with the checkout as usual.
3. Earnings come in the form of Crypto Cashback, ranging from 0.5% to over 87.5%, depending on the user's StormX Reward level.
4. Upon accumulating $10 or more in earnings, individuals can withdraw their rewards to their crypto wallet.

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Recent Video Interview

Main points of the interview:

• StormX allows users globally to earn crypto through microtasks, surveys, and cashback on shopping.
• The platform supports Bitcoin, Ethereum, and StormX tokens.
• StormX's expansion plans, including a forthcoming crypto debit card.
• StormX aims to grow its user base by expanding store partnerships and localizing offerings worldwide.

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Membership

Enhance one's Crypto Cashback by merely storing STMX in a connected wallet. The process involves holding STMX tokens in the connected wallet, unlocking the full potential of the StormX account and providing access to higher tier memberships. Each membership level grants increased rewards and faster payout times. For instance, when Simon, a member at a specific level, places a $150 order at a shop offering 6% Crypto Cashback, the table below illustrates the corresponding rewards based on his membership level.

• Purple Member Level: 1x Bonus, $9.00 Reward
• Bronze Member Level (3,000 STMX to unlock): 1.25x Bonus, $11.25 Reward
• Silver Member Level (31,000 STMX to unlock): 1.5x Bonus, $13.50 Reward
• Gold Member Level (310,000 STMX to unlock): 25% FASTER, 2x Bonus, $18.00 Reward
• Platinum Member Level (3,100,000 STMX to unlock): 50% FASTER, 2.5x Bonus, $22.50 Reward
• Diamond Member Level (6,200,000 STMX to unlock): 75% FASTER, 3.5x Bonus, $31.50 Reward

Why Chooses StormX?

With StormX, if people use the Chrome Button, it seamlessly functions in the background, providing users with crypto rewards ranging from 0.5% to over 85%, contingent on the store and their membership level. The distinctive token model not only encourages members to purchase STMX tokens but also emphasizes their active utilization.

Amidst a surge in online sales, with a 76% increase in eCommerce sales in the US compared to the previous year, StormX has witnessed exponential growth. Boasting strong online communities comprising tens of thousands of dedicated StormX enthusiasts, the organic spread of the platform's message has been facilitated at lower costs.

With a commitment to global expansion, the platform has established a widespread presence, spanning from the US to Asia to Europe, in contrast to competitors like Rakuten and Honey, which are limited to a handful of countries.

Thanks to the innovative token model, the platform can offer significantly higher rewards, up to 3.5 times more, to its members compared to what competitors could achieve in dollars.

StormX Team Background.

Simon Yu, the CEO and co-founder of StormX, graduated from the University of Washington in 2014 and later participated in the Berkley Blockchain Xcelerator at the University of California in 2020. Before graduating, he founded Penguin Delivery, delivering Korean barbecue tacos to campus students. After graduation, Yu worked as a financial analyst intern at Amazon and then as a senior credit risk analyst for KeyBank. In 2015, he co-founded StormX.

Calvin Hsieh, the CTO and co-founder, holds a degree in computer science and software engineering from the University of Washington. He also participated in the Berkley Blockchain Xcelerator in 2020. Hsieh joined Bomba Fusion LLC in April 2015 as a manager and web developer, eventually becoming a co-owner in 2017. He co-founded StormX in 2015 with Simon Yu.

StormX Project Development

In the concluding week of Free-2-Play (F2P), the StormX prediction platform undergoes a significant shift towards the new Peer-2-Peer (P2P) challenges. Early access to an exclusive BETA experience is now extended to existing users of StormX Sports. For new users eager to participate in the innovative P2P Challenges, instructions on how to join the first-come, first-serve waitlist are available.

The replacement of F2P introduces a new Peer-2-Peer (P2P) prediction marketplace for the remaining weeks of the NFL season. Users now have the opportunity to engage in 1v1 Weekly Pick’em Pools and set their own odds. New Peer-2-Peer Features:

• 1v1 Weekly Pick’em Pools: Limited to two players and maximum games.
• Set Your Odds: Users actively set the odds for each challenge they create. Participants, on the other hand, agree to the odds of the challenge they join.
• Public & Private Games: Challenge visibility can be toggled between public and private before two confirmed players are present.
• Tiebreaker: In case of a tie, the tiebreaker activates. It compares each user's Tiebreaker prediction to the combined total score of both teams from the week's last game. The user with the prediction closest to the actual game score wins 1 point, resolving the tie.