StormX (STMX) is a cryptocurrency that has been consistently ranked within the top 300 by market capitalization on CoinMarketCap and other similar platforms. It is unique in that it allows its owners to earn crypto not only when the market is booming but also when it is quiet, offering crypto cashback for online purchases. StormX has established itself as a pioneer in the crypto cashback industry, with cashback percentages of up to 87.5%, which is ahead of fiat-based cashback programs. The StormX platform also allows users to earn crypto by completing microtasks and through staking.
STMX has been described as a profitable and revolutionary project with a bright future. Analysts predict a bullish trend and a rise in its price over the coming years. However, it is a speculative project, and the STMX price depends on the success of the platform. There is also a significant risk of the collapse of the entire project if things go wrong within the organization.
What You'll Learn
StormX's cashback services
StormX is a blockchain project that combines blockchain technology with traditional cashback to create a seamless experience for its users. StormX allows users to earn crypto while shopping online. The process is simple: users sign up, shop at any of the 1000+ available stores, activate their reward, and check out as usual. The platform offers crypto cashback ranging from 0.5% to 87.5%, depending on the user's StormX Reward level. Once users have earned a minimum of $10, they can withdraw their rewards to their crypto wallet.
The StormX platform provides an innovative way to earn rewards through purchases. With up to 87.5% crypto cashback, users can enjoy lucrative deals at their favourite brands. In addition, StormX offers a referral program where users can earn 10% by sharing their referral link with friends and family.
The StormX cashback services are made possible through the Storm Market, which consists of three main areas: Storm Shop, Storm Play, and Storm Gigs. Storm Shop is the platform where users can earn crypto cashback on their purchases. Storm Play is an Android mobile application that allows users to view and complete microtasks to earn rewards, which can be Storm Tokens, Bitcoin, or Ethereum. Storm Gigs are ongoing regular program offerings that users can participate in to earn crypto.
To enhance their cashback earnings, users can become Rewards Members by holding STMX tokens in their connected wallet. This unlocks higher tier memberships, providing access to increased rewards and faster payout times. The more STMX tokens held, the higher the membership level and the greater the benefits.
Overall, StormX's cashback services provide a unique and attractive proposition for users looking to earn crypto while shopping online. With its simple process, generous cashback offerings, and additional earning opportunities, StormX presents a compelling opportunity for those interested in crypto and cashback rewards.
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StormX's debit card
StormX is a blockchain project that aims to transform the future of freelance work and the shopping experience. It allows users to earn cryptocurrencies by shopping, completing tasks, staking STMX, and more. The StormX Debit Card is currently on pause while updates are made to the product and its partners. The card was previously in the Alpha testing phase, with Beta testing soon to follow.
The Alpha testing phase saw the completion of internal debit card testing, the development of the design and mobile application, and various compliance certifications. The Beta testing phase will involve testing the virtual card with partners, designing and developing the physical cards, and engineering the cashback reward system.
After the beta launch, the card will be continuously rolled out to users on the waitlist, with more cashback offers being added through StormX's partners. While the physical cards were not ready for launch due to manufacturing delays, users will be able to use their virtual card to shop online or in-person using Apple, Google, and Samsung Pay.
The StormX Debit Card will offer up to 5% crypto cashback on all standard purchases and up to 8% cashback at Amazon.
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StormX's micro-task platform
StormX is a blockchain project that aims to transform the future of freelance work and the shopping experience. It offers a mobile app and a Chrome extension that allows users to earn cryptocurrency by shopping, completing tasks, staking STMX, and more.
The StormX micro-task platform, called Storm Play, is a gamified micro-task platform that features crypto rewards. It offers a range of simple tasks, such as playing mobile games, watching videos, or taking surveys. Users can earn Bolts, the in-app currency, by completing these tasks, which can then be converted into cryptocurrencies such as Bitcoin, Ethereum, or Storm. While the Bolts have no value outside of StormX products, they can be converted into other cryptocurrencies within the application. The app also provides a real-time notice with the approximate USD value next to the number of Bolts.
The tasks on Storm Play vary in the amount of Bolts offered, and new tasks become available regularly. Some tasks can reward users with up to 500,000 Bolts, which is worth around $2 at the time of writing. For example, reaching level 16 in the game "King of Avalon: Dragon War" would earn the player 435,000 Bolts, which is worth a little less than $2. Additionally, users can earn crypto by shopping at their favourite stores through the Storm Shop extension, which offers crypto cashback.
The Storm Play application has a hybrid decentralized application structure, utilising both on-chain and off-chain methods to maintain support for its 2.3 million users across over 180 countries. An off-chain ledger for Bolts and a weekly payout schedule allow Storm Play to deliver low-cost cryptocurrency rewards at high volumes each month. This hybrid solution helps to process over a million transactions per month without any issues, addressing the current issues with blockchain scalability.
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StormX's partnerships
StormX has formed several partnerships to expand its ecosystem and user base. Here is a detailed overview of some of StormX's notable partnerships:
- Litecoin: StormX partnered with Litecoin to expose Litecoin followers to StormX's products and services. Together, they aim to provide fast and secure payment options to enhance the online shopping experience for consumers and merchants.
- MakerDAO: StormX joined forces with MakerDAO to integrate Maker's DAI stablecoin into its Storm Play and Storm Shop products. This partnership also included additional $10,000 in DAI rewards for early Storm Shop users.
- Ink Labs Foundation: StormX tapped into the Singapore-based blockchain company, Ink Labs Foundation, to expand its community presence in Asia. This partnership provides technical support for StormX in the areas of affiliate and cross-chain agreements. Additionally, they plan to launch high-quality gaming content for the Storm Market gamified microtask platform.
- Kyber Network: The integration with the Kyber Network enables users to seamlessly purchase STMX tokens for use in the Storm Market ecosystem. With this partnership, users can use any token supported by the Kyber Network to acquire STMX tokens.
These partnerships demonstrate StormX's commitment to expanding its reach and enhancing its platform. By collaborating with established companies and blockchain projects, StormX is able to offer more comprehensive services to its users and increase its competitiveness in the market.
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StormX's staking incentives
StormX is a blockchain project that offers staking incentives to its users. The project provides an innovative platform that allows users to earn cryptocurrency rewards through online shopping, completing tasks, and staking STMX, the native token of the StormX platform.
The StormX platform offers a seamless way for users to earn crypto cashback on their online purchases. By signing up and shopping at over 1000 online stores available on the platform, users can earn crypto cashback rewards of up to 87.5%, depending on their StormX Reward level. The cashback rewards can be withdrawn to a crypto wallet once they reach $10 or more.
In addition to earning crypto cashback, StormX users can also refer friends and family to the platform and earn 10% of their shopping and staking base rewards. This referral program helps to spread the word about StormX and creates a strong community of users.
The STMX token is a utility token with real-world utility. It is an ERC20-compliant token operating on the Ethereum blockchain. StormX raised over $30 million in a crowdsale in 2017 and has since gained traction with over 2 million users. The platform has about 75,000 monthly active users, which is more than most DAPPs in the market.
The unique token model of StormX provides incentives for members not only to purchase STMX tokens but also to use them. By purchasing STMX tokens, users can supercharge their cashback rewards and earn even higher rates. The token model allows StormX to pay out higher rewards, up to 3.5 times more than their competitors, creating a compelling value proposition for users.
Overall, the staking incentives offered by StormX provide a unique opportunity for users to earn cryptocurrency rewards while shopping online and participating in the platform's ecosystem. With its growing user base and innovative token model, StormX is well-positioned to drive mass adoption of cryptocurrency and provide a seamless entry point for newcomers to the crypto space.
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Frequently asked questions
STMX Crypto is a decentralised application based on Ethereum. It is best known for its cashback services, allowing users to earn money from online retailers.
No platform currently offers the direct purchase of STMX Crypto against the euro. Instead, you must first buy Bitcoin or Tether crypto from a trusted broker and then exchange them for BTC/STMX or USDT/STMX pairs.
STMX Crypto is considered a good investment, especially for the long term. Analysts have predicted a rise in its price for the coming years. In 2024, StormX price is expected to reach $0.0148, according to some experts. By 2030, the price could hit $0.0148.
The various partnerships will be a main asset for the expansion of the network. It has a well-defined roadmap and a well-trained leader. Its micro-task platform is decentralised and transparent.