What is STORMX(STMX)?

Basic information about STMX

Coin name:

StormX

Coin symbol:

Coin introduction:

STORM is an ERC20-compliant token which operates on the Ethereum blockchain. CEO, and co-founder, Simon Yu, evolved this digital currency from an app called BitMaker, he and co-founder, Calvin Hsieh, worked on in 2014. BitMaker allowed users to send money without transaction fees which was the main reason this app experienced high growth volumes. A new feature called BitTask was introduced which allowed users to trade their time and effort for trying out new products in exchange for Bitcoin or Ethereum. This feature is now the STORM Play App and has experienced massive growth since its launch in Feb 2017. The vision the founders have for STORM is beyond just an ordinary Cryptocurrency. They aim to create a marketplace for decentralized marketplace for tasks which will be called the “Storm Market”. “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.” The team is confident of the success of the app as it strongly relies on the give and takes model. By completing relatively easy and enjoyable tasks, users can potentially earn quite a bit of STORM, Ethereum or even Bitcoin. Storm Market is targeting the freelancing industry around micro-tasks. Currently, there are identified competitors in the market like Upwork, Mechanical Turk, etc. which are circulating huge amount of money through their platform with existing inefficiencies that ultimately creates hurdles for the freelancers. They deduct huge amount from their users earning by charging 40% of transaction cost. The Storm market is striving to resolve the problems by providing following benefits, such as as compared to traditional micro-task marketplaces, they will charge reduce transaction fees. Besides, they Eliminate the interruption of any middlemen between buyers and sellers. Storm Market is a gamified micro-task marketplace that enables users to earn by completing different tasks. The company is expanding its platform by creating decentralized storm market by incorporating blockchain technology. In storm market, people can use their skills and talents to accomplish various tasks and get good rewards for it in the form of tokens. In short, a company is aiming to operate decentralized platform where anyone can offer or engage in tasks by utilizing blockchain based smart contracts supported by tokens (ERC-20). Check out CoinBureau for the complete review of Storm Token.

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Current Price:

$0.000013More coin details

All-time high:

$0.165032

All-time low:

$0.000001

STMX Supply Info and Tokenomics

Circulating supply:

11,000M

Total supply:

12,500M

Max supply:

12,500M

Market cap:

$150.260K

Fully diluted valuation:

$170.750K

What is the outlook and future value of STMX?

The current market cap of STMX is $150.260K, ranked 6116 in the market, showing that the market already recognizes the value of STMX. When a bull market arrives, the market cap of STMX may continue to grow.

Moreover, if STMX can play a greater role in real-world applications—such as if the Monero developers can fully empower STMX and establish partnerships with more business partners to expand its user base—then the long-term value of STMX will be further enhanced.

What is the price of STMX in 2027?

According to the historical price performance prediction model of STMX, the price of STMX is expected to reach $0.000014 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get STMX?

Purchasing STMX with cash is not the only way to obtain STMX. If you have enough time, you can get STMX for free.

Learn how to get Hot rewards for free with STMX.

Earn free STMX by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get STMX airdrops for free.

All crypto airdrops and rewards can be exchanged for STMX through LBank spot trading.

Buy STMX starting from $1

What is STMX used for and how to use it?

The use cases for STMX may grow with the development of the crypto market and project progress. Currently, you can use STMX to:

Arbitrage trading of STMX

STMX is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many STMX trading pairs to suit your needs.

Earn yield with STMX

You can also lend out STMX or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your STMX gains.

Send or pay with STMX

If you want to pay someone with STMX, you can easily and quickly send STMX to them using their receiving address.

You can also visit the official website of StormX to learn more use cases of STMX, such as whether the StormX project supports community/eco apps or buying physical or virtual goods with STMX.