STOX, the latest ICO about an Ethereum based prediction market platform where people can trade on outcome of any event in almost any imaginable category.
Categories like Sports, Celebrity marriages, Election Results , Weather,etc.
“Stox is a transformational step in our itinerary, as it allows us to combine the power of the blockchain with the range of infrastructure, technical, commercial and marketing assets currently underpinning invest.com”
Continuing efforts to democratize investment for all, Invest.com Group announced the next generation of Tokens Sale for STOX, a new platform for predictive trade negotiations.
Stox will be issued as a smart token using the Bancor protocol, the team having determined that it is the best Blockchain solution based on cash.
STOX (STX) will own the Bancor Network Token (BNT) on its reserve base, which must ensure continued high liquidity, allowing anyone to buy STX directly through the smart token with Ether and also liquidate STX Referring to Ether – especially with a slight slip and no deviation.
“We are thrilled to be working with Stox and supporting their efforts to become a pioneer member of the Bancor network. We believe that the guaranteed liquidity and stability of STX will benefit tokens holders and the entire Stox project, and will provide a solid case study for the Bancor protocol, ” said Eyal Hertzog, product manager at Bancor.
This generation of tokens will allow Stox to develop a predictive trade negotiation platform that allows STX holders to use crowd-based information and their own forecasts to anticipate the outcome of any event, wide range of categories.
Smart contracts will manage the reconciliation based on the probability of the results, the size of the crowds involved in the forecast events, and the initial commitments.
Among its features, the Blockchain platform will be fluid, which means that the forecasting diagrams and evaluations will change according to the daily events. Users will also be able to create predictive surveys to position themselves relative to certain events, at any time. For example, entry prices for a specific survey may change and fluctuate based on predicted values.
“Stox is a transformational step in our itinerary, as it allows us to combine the power of the blockchain with the range of infrastructure, technical, commercial and marketing assets currently underpinning invest.com,” said Ophir Gertner, creator of invest.com Group.
The ICO starts on August 02, 2017 14:00 UTC and will continue for two weeks.
For more information and to view the official Stox white paper, please visit the official website.
Created in 2014, Invest.com is an on-line financial services provider that combines financial expertise with cutting-edge technology to simplify and make affordable, smart investment for both novice and professional traders . Regulated by the Cyprus Securities and Exchange Commission.
Invest.com is an online investment house, with an ambitious and ground-breaking goal to revolutionize the world of investing by removing the existing barriers to alternative investments and create the opportunity for true investment diversification.
Invest.com has over 200 employees over 5 different countries, $50million yearly revenues, 3 million registered users, $8 million annual transactions and $12b annual transaction volume.
KryptoMoney.com posts latest news and updates about upcoming ICO’s, Cryptocurrencies and Blockchain Technology.
Subscribe to our newsletters and connect with us socially on Telegram, Facebook, Twitter and Instagram to stay updated.
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.
