StormX
Name
StormX
Summary
StormX is a mobile microtask platform that rewards workers with the STMX token.
-It was founded by Simon Yu and Calvin Hsiesh
-It is based on the ethereum platform
Rating
Symbol
STMX
Overview
StormX was one of the first cryptocurrency-based global solutions to reach global markets. StormX is a mobile software and browser extension that attempts to provide consumers with crypto payback for the majority of their online purchases. Samsung, Nike, and Lego are among the company's enterprise partners. StormX also allows users to increase their profits by staking the native STMX token.
StormX effectively brings bitcoin into the mainstream banking system by smoothly integrating its blockchain technology with regular purchases.
Historical Price Movement (in INR)
Technology
STMX is secured by Ethereum's proof-of-stake (PoS) consensus process as an ERC-20 token. Stakeholders serve as transaction validators in the PoS consensus method.
It supports solidity as its programming language.
Crowd Sales
StormX has raised a total of $47.7M in funding over 7 rounds.
Company
25%
Users
10%
Volume (8th May 2022)
$8,652,124
Total Supply
10000000000
Circulating supply
10.00B STMX
Funding
27/07/2021: Venture Round- $9M
15/04/2021: Convertible Note- NA
13/04/2021: Venture Round- $6M
5/10/2017: Initial Coin Offering-$32M
1/08/2017: Seed Round-$525K
1/01/2017:Angel Round- $85K
1.08.2016: Convertible Note-$35K
Country
Singapore
Name of Organization
StormX Singapore PTE LTD
Year Incorporated
2020
Registered Address
120 ROBINSON ROAD #08-01 SINGAPORE (068913)
Dispute Resolution and Governing Law
Singapore
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Simon Yu | Co-Founder and CEO | University of Washington - Michael G. Foster School of Business: Bachelor of Business Administration (BBA), FinanceUniversity of California, Berkeley: Berkeley Blockchain Xcelerator, Blockchain, Entrepreneurship | 11 Yrs |
| Calvin Hsieh | Co-Founder and CTO | University of California, Berkeley: Berkeley Blockchain Xcelerator, Entrepreneurship | 6 Yrs |
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Whitepaper 
