Prediction Market Makes Huge Impact on Blockchain Industries

In News

Stox, a prediction market platform, is making an impact on blockchain and cryptocurrency industries.

Stox, one of the ICOs promoted by Floyd Mayweather, is an Ethereum ecosystem-based platform powered by blockchain technology where anyone can commerce the outcome of any conceivable category like sports, showbiz, election results, and even the weather conditions.

Although one might think the word Stox was derived from the familiar word that focuses on the stock markets, that is not the case. Rather, it will serve as an open-source prediction market where users can make their own predictions.

The platform aims at the prevailing market and grant investors to influence their knowledge and accrues from prediction events.  

Now that users can engage in all event conclusions they are interested in, there is a kaleidoscopic future for prediction markets as a whole. Tapping into the “wisdom of the crowd” to ask questions and predict is like having your personal crystal ball, so to speak.

Not forgetting the end goal for Stox is to create the leading decentralized prediction market powered by open source technology.

Of course, any self-esteemed blockchain ecosystem should create its own currency. Thus, STX cryptocurrency will be in play for all prediction market-related activities on the network.

The realization of its use is yet to materialize once the prediction market and its associated app are distributed to the public. In the meantime, STX, being an asset as an investment vehicle and conjecture.

The roadmap ahead has been plotted focusing on marketing and improving the comprehensive platform.

Q1 2018 marks the third phase focusing on management, implementation, and integration of version 1 together with knowing your customers.

A beta version will be released second quarter of this year, inviting users to test the platform and app implementations.

Q3 will be the first phase of the live product launch and also consolidate, a forex and CFD broker, as the first provider by inviting all end-users to the platform.


Anticipating by the end of the year, we will witness the first version go live on mobile, together with the standalone application that will allow a fully decentralized prediction market service.


You may also read!

US State Governor Spiels Blockchain and Data Privacy During State Speech

US State Governor Spiels About Blockchain and Data Privacy During State Speech

Blockchain and data privacy are now given more emphasis due to the technology’s capabilities and the need to protect

Crypto Hub

Crypto Hub Will Soon Rise in South Korean City

The mass adoption of blockchain technology and cryptocurrency is gradually happening and it’s very evident in South Korea where

Palm Oil Industry

Malaysia’s Palm Oil Industry Incentivized with Blockchain

It seems like Malaysia is taking the most out of blockchain technology mostly for its palm oil industry. The


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu