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Whitepaper

 

Overview

  • Finding a steady flow of flexible opportunities to earn, not just to get by in life, but to truly advance ourselves and our families is a global need

  • Current freelance leaders charge up to 40% in fees

  • Storm play is the user portal into stormxs existing micro-task marketplace, which will be called “Storm Market” in the rebranded app

  • Vision

    • Promotional user engagement

    • Freelance labor, ranging from micro-tasks to app QA testing to longer independent contract-style engagements

    • Shopping-related opportunities where users can learn about or sample retail goods and services

  • The future of Storm Market is here

    • Use STORM tokens to place tasks in the Storm Market, and the participants wanting to engage receive reward units called Bolts in return for performing specified tasks

  • Principles

    • Effective global inclusion can only happen when all marketplace participants can negotiate and settle efficiently

    • The ability to earn and improve one’s condition is a basic human right

    • Efficiency is about respecting the most valuable resource of all, time

  • The freelancer marketplace

    • Companies higher people from all over the world to save costs

    • Losing up to 40% of wages due to fees, long transaction periods

 

StormX Background

  • Development of storm play

    • Started as an advertising marketplace

    • 187+ countries

    • 250,000+ Monthly active users

    • 1M+ Downloads

  • Gamification Design

    • The process of adding games or game-like elements, such as a micro-task, to encourage active participation

    • Storm play can make monotonous work much more enjoyable through a gamified platform

    • Rewarded for creating tasks, completing tasks, managing other players, categorize or rank a task

  • 6 Types of Storm players

    • Achievers: Enjoy mastering new skills and learning new things to improve themselves

    • Disruptors: Enjoy disrupting existing systems, directly or through other users to force positive or negative change

    • Explorers: Enjoy working on self-expression type of tasks

    • Socialisers: Enjoy interacting with others and creating social connections

    • Philanthropists: Enjoy tasks that are good-deeds oriented and not reward-driven

    • Players: Enjoy storm tasks to collect and redeem rewards and prizes

  • Storm player journeys

    • Discovery phase

    • Onboarding phase

    • Getting immersed phase

    • Mastery phase and replay

 

Introducing the storm market

  • Storm as smart tokens

    • ERC20 token and Bancor compatible

    • Storm tokens can be acquired through storm play, email, or social media

  • Storm market launch

    • Marketing visibility via boosts, use tokens to obtain more tasks

    • Training allows users to receive bolts for learning new skills

    • Gamified project management allows for players to get rewarded when the task is complete

 

Roadmap

 

 

 

 

 

 

 

 

 

 

Team

 

  • Bill Shihara – Advisor

    • Founder and CEO of bittrex

    • Manager, security engineering for Amazon

    • Manager, security engineering for BlackBerry

    • Lead program manager for Microsoft

    • Went to University of Southern California

  • Charles Hoskinson – Advisor

    • CEO for Input Output

    • CEO of Ethereum

    • Co-founder and Acting CEO of Invictus Innovations Incorporated

    • Dropped out of college

  • Anthony Diiorio – Advisor

    • CEO and founder of Jaxx Blockchain Interface

    • CEO and founder of Decentral

    • CEO and Founder of Decentral.tv

    • Chief Digital Officer for Toronto Stock Exchange

    • Founder of Ethereum

    • CEO and Founder of Kryptokit

  • Steven Nerayoff – Advisor

    • CEO and Founder of Alchemist

    • Chairman of global blockchain technologies corp

    • Executive at bancor

    • CEO and founder of CloudParc

    • CEO and Founder of Maple Ventures

    • Founding advisor to Lisk

    • ICO legal architect for Ethereum

    • CEO and founder of freedom home healthcare

    • CEO and founder iOffer

    • CEO and founder of eWanted

    • Master of Laws from NYU

    • Juris Doctor from Tulane University

  • Guy Benartzi – Advisor

    • Co-founder of Bancor

    • Co-founder and CEO of AppCoin

    • Co-founder and president of Particle Code

    • Founder and CEO of Mytopia

  • Brian Kelly - Advisor

    • Founder and CEO of BKCM LLC

    • CNBC fast money founder

  • Damon Danieli – Advisor

    • Founder and CTO/CEO of Appuri

    • Founder and CTO of Z2Live

    • Senior Developer for Microsoft

    • Went to UW

  • Simon Yu – CEO and Founder

    • CEO and Founder of Bomba Fusion

    • Senior Credit Risk Analyst for KeyBank

    • Financial Analyst Intern for Amazon

    • Went to UW

  • Sean Zhong – CTO

    • VP of engineering at Gauge Inc.

    • Director of Analytics for BigDoor Media

    • Lead Software Design Engineer for Big Fish Games

    • Senior Software Engineer for Amazon

    • Went to Cornell University

  • Andy Kleitsch – VP Product

    • VP Product for CoinFlip Solutions

    • Principal Product Manager, Amazon Wallet for Amazon

    • CEO of Buck

    • Sr. Product Manager for AT&T

    • CEO of Beckon Technologies

  • Jon Nolz – EVP Business Development

    • Advertising solutions for Vehicle

    • Strategy Consultant for T-Mobile

    • VP Business Solutions for Kochava

 

Partners & Backers

 

  • Kyber Network – 72K Twitter Followers

  • Jaxx – 44K twitter followers

  • Bancor – 62K Twitter followers

  • ZenCash – 19K twitter followers

  • INK Labs foundation – 6K twitter followers

  • QTUM – 152K twitter followers

 

Articles

 

https://blog.stormtoken.com/a-walk-through-the-history-of-stormx-2014-2017-7d016b9e63e5?source=collection_home---5------1----------------

 

https://blog.stormtoken.com/stormx-ceo-status-update-2-17-2018-a689ce2aec78?source=collection_home---5------2----------------

 

https://www.newsbtc.com/2017/12/07/storm-tokens-freelance-marketplace/

 

https://www.geekwire.com/2017/inside-ico-frenzy-big-dreams-serious-risk-booming-market-initial-coin-offerings/

 

https://paymentweek.com/2018-2-23-tech-savvy-travelers-can-now-fly-first-class-cryptocurrency/

 

https://www.forbes.com/sites/laurencebradford/2018/02/26/how-millennials-are-using-cryptocurrency-to-build-the-future/#6560586c5c3a

 

https://www.reddit.com/r/stormtoken/comments/7yrprn/storm_token_amafebruary_21st_comment_with_your/

 

Videos

 

https://youtu.be/WldXoJSa6ck

 

https://www.youtube.com/watch?v=rzpDDPN9FDg

 

CoinCheckUp

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Conclusion

I would give Storm Token an A- rating. I think this project is a solid long-term hold. First, the project itself is really innovative, taking freelancing gigs and making them fun to do. Freelancing gigs are supposed to be how most people work in the next few years so a platform that rewards people, teaches people, and makes it fun will be a winner. They already have a business and platform, they have been running for several years and are just now switching over to blockchain which is a good start. They have amazing advisors from the founders of ETH and ADA, to a CNBC host, to even people from Amazon. The team is full of people from Amazon and Microsoft who have had leadership opportunities at both companies, as well as a very educated team from college to the experience each of them has. The partnerships are very big in the crypto space. My only problem is that they don’t have any major outside of blockchain partnerships that would introduce them into the mainstream consumer. This is a very good buy and hold only 150 million market cap and has a lot of room to grow as the freelance jobs grow in the next few years.  

FUJAN CRYPTO REPORTS

©2018 BY FUJAN CRYPTO REPORTS. PROUDLY CREATED WITH WIX.COM

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