http://AlphaInvestors.Club – Hey guys! Thanks for joining us here at http://AlphaInvestors.Club where today we will be reviewing Stox Crypto currency.
Stox (STX) Crypto currency is an Ethereum based Open source platform which will be used for predicting outcome of any imaginable category Be it sports, celebrity marriages, election results, and even the weather.
The platform targets mainstream audiences and allows investors to leverage their knowledge and profit from it by predicting the events accurately.
Stox Crypto currency is a collaboration of invest.com, an online financial company operating since 2014, which boasts over 200 employees across 5 countries, and whose trading platforms accommodate over 3 million registered users.
How Does Stox Crypto currency Work?
Stox’s Crypto currency role is to develop the open source technology required for running a decentralized Stox Crypto currency platform built on a blockchain network that creates a successful model incentivizing both, users and event providers to join the network.
Its prediction markets provide a platform where any individual or organization can tap into the opinion of the masses for any question and predict the result based on the consensus.
For example, If the odds of an event occurring is 1.5x, that indicates that there’s 66.66% chance that the event will occur when you convert it into implied probability which is what the public perception is at that given moment.
Prediction markets are known to be useful not only for understanding the crowd mindset on certain topics, but also as effective prognostic tools (in a similar fashion to economic markets), and are used by large institutions and companies to predict the outcomes of business or product development courses.
The end goal for Stox Crypto currency is to create the leading decentralized prediction market used by mainstream audiences, by maintaining a thriving ecosystem of users looking to invest in event outcomes and providers looking to create events and be compensated for operating them.
The main role of Stox Crypto currency is to develop the open source technology required for running the decentralized Stox Crypto currency platform and network and create a successful model incentivizing both users and providers to join the network being built on the Ethereum blockchain…tune in for our full review!
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