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

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Rating

BBB

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)

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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
NameDesignationEducationExperience
Simon YuCo-Founder and CEOUniversity of Washington - Michael G. Foster School of Business: Bachelor of Business Administration (BBA), FinanceUniversity of California, Berkeley: Berkeley Blockchain Xcelerator, Blockchain, Entrepreneurship11 Yrs
Calvin HsiehCo-Founder and CTOUniversity of California, Berkeley: Berkeley Blockchain Xcelerator, Entrepreneurship6 Yrs