StormX Partners with Kyber Network and Global Blockchain

by PaymentsJournal 0

STORMX Logo
Offers seamless experience for STORM tokens

Cayman Islands – November 2, 2017 – StormX, the blockchain-powered adtech and gamified micro-task innovators, today announced two strategic partnerships with Kyber Network, a decentralized and trustless network that facilitates instant switching of crypto-assets on blockchain platforms; and publicly-listed Global Blockchain Technologies Corp (TSXV:BLOC), an investment company providing investors access to a basket of holdings within the blockchain space.

Simon Yu, CEO of StormX, said, “As STORM tokens are required by Storm Makers to place gamified micro-tasks in the Storm Market ecosystem and are a method of reward for Storm Players in our Storm Market platforms, we are delighted to partner with these industry leaders that will introduce a new community of people to our marketplace and make it easy for them to participate in our expanding network. We’re proud to be further enhancing the usability and accessibility of our platform, increasing our community network effect even further in the lead up to our crowdsale, as user experience is central to StormX’s vision.”

The Kyber Network will be integrated with the StormX platform to enable anyone to seamlessly purchase STORM Tokens for use in the Storm Market ecosystem with any token supported by Kyber Network. The availability of this functionality will depend on the development roadmap for Kyber Network but is expected to be available by Q2 2018. The Kyber Network allows for the instant readiness of digital assets by providing payment APIs and a contract wallet that lets anyone receive rewards from any token. This promotes a seamless user experience for cryptocurrency assets and creates cohesive and cost-effective participation within the platforms integrated with the Kyber Network.

“Partnering with StormX is an exciting development for Kyber Network, as it gives us exposure to StormX’s impressive monthly active user base of 270,000 individuals. This will generate more traffic to our network and drive growth on our end. In turn, our users will have the opportunity to participate in a gamified platform that is disrupting the micro-task industry. Furthermore, we hope the partnership will go beyond benefiting the parties involved to promote the perception of tokens as a tradeable asset class to the global blockchain community,” said Kyber Network CEO and Co-Founder Loi Luu.

Through the partnership with Global Blockchain, StormX will receive the resources necessary to reach its full potential as a gamified micro-task platform. These resources include access to a team of prominent industry experts, technical development, and legal support. Global Blockchain is a Canada-based publicly traded investment company that seeks to simplify the process that connects interested investors to leading blockchain projects and cryptocurrencies. Steven Nerayoff, Esq. LL.M., a member of the StormX Board of Advisors and Founder of Alchemist Ventures, is also the Chairman of Global Blockchain (TSXV:BLOC).

“Global Blockchain’s mission is to go beyond just providing an opportunity to invest; we strive to leverage the growth of the blockchain industry to maximize potential for investors while giving the best new blockchain projects the resources they need to succeed. We believe working with StormX and its outstanding team of blockchain pioneers will get us one step closer to achieving this mission and solidifying our standing as an innovation incubator,” said Shidan Gouran, President of Global Blockchain.

StormX is the creator of the Storm Market ecosystem which includes Storm Play, Storm Shop, and Storm Gigs which will utilize smart contracts on the Ethereum blockchain to manage gamified micro-tasks between buyers and sellers. Users receive rewards in the form of STORM tokens which they can use to participate in the Storm marketplace.

Registration is now open for the STORM token crowdsale which starts Tuesday, November 7th via the official STORM website at stormtoken.com/tokensale.

 

About StormX, Inc.:
StormX, Inc. is the creator of Storm Play (formerly known as BitMaker), and Storm Market, with gamified micro-tasks, where people can earn STORM tokens anywhere, at anytime, from any device. With over 1.2 million downloads, over 270k monthly active users across 187 countries, StormX is expanding based on the demand. Current gamified micro-tasks include trying out different products and services, like from Hulu, Dollar Shave Club and Final Fantasy. As Storm Market expands, the focus is adding new category of gamified micro-tasks (Storm Gigs) in Machine Learning and QA Testing. The vision is not only about enabling more micro-earning opportunities, but also creating a gamified path for people globally to advance in life with a whole new way of job advancement.

About Kyber Network:
Kyber Network is a decentralized and trustless network exchange that facilitates instant switching of crypto-asset with guaranteed asset availability. Kyber Network protocol will be key to promote readiness of crypto-assets in the blockchain ecosystem, and improve the perception of tokens as the medium of choice for commerce to the greater public.

About Global Blockchain Technologies Corp.:
Global Blockchain Technologies Corp. is an investment company providing investors access to a basket of holdings within the blockchain space, managed by a team of industry early adopters and pioneers who have had a significant impact on the rise of the blockchain. GBT is focused on streamlining the complicated process that interested investors currently must undergo in order to gain exposure to the cryptocurrency space. GBT aims to become the world’s first publicly traded company that invests in vertically integrated originators and managers of top tier blockchains and digital currencies. GBT is listed on the TSX Venture Exchange and its common shares trade under the ticker symbol “BLOC”. Other information relating to GBT is available on SEDAR at www.sedar.com as well as on the Company’s website at http://globalblockchain.io