$0.00
Price (USD)
$9.63 M
Market Cap (USD)
$110.76 K
Volume (24h)
6.23 B
CIRCULATING SUPPLY (STORM)

Performance Summary

Percentile Ranking (0-100)

51
Root Rank
60
social
73
usage
27
price performance
44
development

MACD

Description

StormX, Inc. (StormX) is rebranding its popular AdTech application BitMaker to Storm Play, and contemporaneously kicking off both the increased gamification of, and the integration of blockchain technology to, the app. To introduce blockchain technology into its technology stack, StormX is introducing the STORM token, an ERC20-compliant token that operates on the Ethereum blockchain. Storm Makers, who post tasks in the Storm Play app, are required to pay for posts in STORM tokens, and Storm Players, who are the users of the app earn rewards, denominated in Bolts, for performing tasks. With the introduction of Storm Play, Storm Players now have the option of monetizing their earned Bolts in STORM tokens. Storm Players may then become Storm Makers by in turn using STORM tokens to pay to post tasks on the platform. The introduction of blockchain to the Storm Play app marks the first step in an evolution toward what StormX envisions as an entire decentralized marketplace for tasks 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. StormX aims to make the Storm Market a platform that operates via a combination of StormX APIs and other proprietary software tools and applications, along with Ethereum-based smart contracts for various types of tasks which will execute using STORM tokens. People worldwide can benefit by adopting the Storm Market model as a mechanism for commerce, as it makes it easy for Storm Makers and Storm Players to connect and interact with significantly reduced transaction costs.

Quantitative Performance

73 usage
96 metcalfe correlation 0.612
53 metcalfe exponent 0
61 normalized metcalfe 1.003
82 daily transactions 90.067
73 trading volume $ 1.14 M
44 development
44 github stargazers 12
49 github forks 7
25 github open issues 0
45 github contributors 3
54 github contributions 256
27 price performance
20 alpha -0.01
9 sortino -0.378
8 sharpe -0.28
17 treynor -0.043
7 upside 51.033
85 downside -116.047
7 upside / Downside 0.44
63 marketcap $ 16.43 M
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