Hello /r/cryptocurrency,
If you've been watching Coinmarketcap today, you'll notice one coin made a pretty spectacular entrance into the Top 100 - STORM Token. I've been closely tracking it for the past couple of months, and I believe it'll be one of the most successful projects to come out of the space this year.
What is STORM?: Storm Market creates more earning opportunities for people all around the world by utilizing technology. Previously known as Bitmaker, STORM Play makes it easier for members to find new ways to earn, engage, and advance with our gamified micro-task platform for STORM tokens. Eventually, developers hope to build a gamified task marketplace called the Storm Market, on which Storm “Makers” and “Players” can post and accept tasks using smart contracts. There will be three methods of 'earning' - Play to Earn, Shop to Earn, and Perform to Earn. I'll give a brief description of them below.
-
Play to Earn - Earn STORM by playing videos and trying out new products/services.
-
Shop to Earn - Earn STORM by shopping for products and services.
-
Perform to Earn - Earn STORM for performing micro-tasks: machine learning, QA testing, P2P freelancing.
Who's Behind It?: Simon Yu is the CEO of STORM. He is a former financial analyst, and had major success with a food truck operation optimizing data and strategic thinking. Following that, he went on to create Bitmaker with his dorm-mate, growing it's active userbase to over 250,000 and currently has over 1,000,000 installs. Another person of interest is COO Arry Yu, who has an impressive history at Microsoft, KPMG, and has critical experience helping to grow startups. Last, but certainly not least, Steven Nerayoff is their Chief Strategist, Co-Creator of Ethereum, and an executive/advisor on the Lisk and Bancor projects.
If the team behind the project didn't hype you up, maybe their advisory board will. There are far too many impressive ones to name (you can see it on their website), but here are some major ones to note:
-
The one and only Bill Sahara (Bittrex Founder and CEO)
-
Tom Bollich (CTO - Madhive, Founding Team Member - Zynga)
-
Our favorite CNBC Crypto-Shiller Brian Kelly
-
Anthony Di lorio (CEO & Founder - Jaxx, Decentral Founder - Ethereum)
Who Will Use it?: Storm Play will be used by indiduals looking to perform tasks/play/shop to earn cryptocurrencies, advertisers looking for users to view their videos/ads, gaming platforms looking for users, and recruiters looking for users to complete P2P freelance tasks.
Who's Partnered With STORM?: Kyber Network, QTUM, Zencash, Bancor, INK, Jaxx, and more on the horizon..(noticed Simon attending a TON of conferences/meetings in Korea over the past couple of months)..
Why do I like the project?: To me, STORM is one of the most exciting projects of 2018 because of the brilliant use case (decentralized, gamified micro-task platform and marketplace) with a clear advantage over it's competitors (Fiverr, Mturk, Upwork) for both the Storm Players and Storm Makers. With an experienced team and advisory board behind it, and an array of exciting partnerships (with more on the horizon, I'm sure), I think we'll see STORM play out as one of the most successful projects of 2018.
Hope you enjoyed the read - as always, DYOR and best of luck!
[link] [comments]
from Cryptocurrency news and discussions. http://ift.tt/2E8lKlW
No comments: