STORM Token (STORM)

STORM Token (STORM) widget

ICO date:
Industry: Recruitment & Crowdsourcing
Description:

StorMarket is a decentralized (STORM Token - STORM), and secured micro-job marketplace operating on the Ethereum blockchain.

Features:

   StormX’s vision is that the Storm Market will operate a decentralized platform where they will be able to offer or engage in tasks using Ethereum blockchain-based “smart contracts” powered by ERC20-compliant STORM tokens.

   The Storm Market will operate similar to the Apple App Store or the Google Play Store in that it will serve as a platform where Storm Makers and Storm Players can create and accept tasks using smart contracts powered and paid for with STORM tokens.

   Storm Play app in conjunction with the distribution of Storm tokens. Storm Makers and Storm Players to engage directly with each other in an open and transparent platform powered by Storm tokens.

   The creation and integration of STORM tokens into Storm Play reflect StormX’s vision to integrate blockchain technology into Storm Market.

   The STORM token will be implemented to have the option to be used as a Smart Token using the Bancor protocol.

   At the launch of the network, Storm Makers will need to pay StormX using STORM tokens in order to create micro-tasks in Storm Play.

   The STORM token will operate on the Ethereum network, and the remaining functionality of the Storm Market.

Technical details:

The Storm contracts (smart contracts) enforce the terms for the length of the contract’s engagement. The automation of enforcing the terms of the engagement and payment to participants with little to no human intervention provides an efficient system where fees are reduced, and with faster turnaround times.

Website: stormtoken.com

Rating Review and Analytics

Investment rating
Risky+ Expire date: 01.08.2018
Hype score
Low 1.8 / 5.0
Risk score
Medium

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See also