WEBSITE : https://www.stox.com
About Stox :
Stox is an open source, Ethereum based stage for forecast markets where individuals can exchange the result of occasions in any conceivable class – sports, big name relational unions, decision comes about and even the climate. The stage targets standard crowds and gives a sanctuary to speculators to discover shelter from customary monetary instruments and take an interest in forecast occasions with the motivation behind making benefit, utilizing their insight in any conceivable field.
Stox was composed by veterans of the web based exchanging industry, utilizing the information and experience gained by invest.com. invest.com is a set up online money related organization which has been working in the venture field since 2014. invest.com’s exchanging stages suit over 3 million enlisted clients and encouraged in excess of 8 million exchanges a year ago alone. contribute. com right now utilizes more than 200 workers crosswise over 5 nations, giving the strong establishment and foundation of the establishment to bootstrap the Stox organize.
The power behind Stox is the STX digital token. All activity in the network revolves around STX, from serving as the primary form for fees and collaterals, to serving as the main currency used for predicting event outcomes. STX is the driver of a sustainable economy where demand grows as more users and providers join the ecosystem.
STOX Creat MARKET CATEGORIES & PREDICTIONS
STX Coin use the ETHEREUM Network ( Powered by Blockchain )
Global prediction trades fo Numerous
Set your prediction from wherever, whenever you wish
Single Token Economy :
Using the wisdom of the crowd, combined with their own individual skills and knowledge, people will be able to predict the outcome of events in almost any imaginable category: Finance, sports, politics and even the weather. Powering Stox is the STX digital token, the primary form for fees, collateral, and the currency for wagers in event predictions.
Stox is designed, first and foremost, as a practical framework for the mainstream prediction market.
What are prediction markets :
Prediction markets are an exchange where any individual or organization can tap into the “wisdom of the crowd” to ask any question or predict the result of any event. Like any other exchange prediction platform, Stox utilizes the relevant event in the form of a stock where participants can trade on the outcome of the event. Predicted events are diverse and can be based on any imaginable topic such as election results, sports, entertainment, financial instruments and even the weather. Similar to the financial markets, which assign a price to the future estimated earnings of a stock, prediction markets assign a traded price to a belief about the future. The market price can also be used to indicates how the crowd in general sees the probability of the outcome of an event. Individuals buy and sell outcome shares based on what they see as the probability at any given moment. As long as a prediction is active, the price continues to fluctuate and indicates the probability of an outcome according to the crowd’s wisdom.
Let’s assume that a certain event is given a 60% chance of happening. This percentage represents the price of the event, in this case 0.6. As more people believe this event is going to happen, normally because they are in possession of information about this event but sometimes just because they are “following the crowd”, more “shares” of this event outcome will be purchased and the price will increase. On contrary, some people may predict that this event will not happen and this opinion will effectively cause the price to drop. During the prediction period, the crowd analyzes the chances of this event happening, creating a useful tool to understand the crowd mindset on certain topics. Because prediction markets represent diverse thoughts and opinions from different locations and personal observations, they have proven to be effective as a prognostic tool, similar to economic markets. As a result of their visionary value, prediction markets have been utilized by institutions and large companies like Google to predict internal outcomes of product development. We believe that due to their increasing popularity, prediction markets will become a popular tool
with traders, especially as more platforms are introduced and decentralized technologies increase trust in these systems.
Unparalleled Peer to Peer Trading Experience :
We are developing a fully functional prediction market app. Our app will be open source and implement the user side of the model including on-chain access over the Ethereum network to Stox Smart Contracts. The app will provide access to content, listings and event metadata from decentralised cloud storage.
Decentralised Marketplace :
The end goal for Stox is to create the leading decentralised prediction market for mainstream audiences by maintaining a thriving ecosystem of users looking to participate in event outcomes.
Trade In More Than 10 Exchange :
Dears Friends , i think you know stox can trade 10 exchange.here is maximum exchange is popular. you can buy sale as your volume. See where the STX digital token is able to be purchased and exchanged here.
Some Exchange Link :
COINEXCHANGE.io : https://coinexchangeio.freshdesk.com/support/signup
HITBTC : https://hitbtc.com/
KUCOIN : https://www.kucoin.com
Gate.io : https://www.gate.io
EtherDelta : https://etherdelta.com/
Qryptos : https://www.qryptos.com/
Liqui : https://liqui.io/
Todays Stox Rate in coinmarketcap :
What are prediction markets :
Forecast markets are a trade where any individual or association can take advantage of the “knowledge of the group” to make any inquiry or foresee the consequence of any occasion. Like some other trade expectation stage, Stox uses the applicable occasion as a stock where members can exchange on the result of the occasion. Anticipated occasions are assorted and can be founded on any comprehensible point, for example, race comes about, sports, stimulation, money related instruments and even the climate. Like the budgetary markets, which allocate a cost to the future evaluated profit of a stock, expectation markets allot an exchanged cost to a conviction about what’s to come. The market cost can likewise be utilized to shows how the pack as a rule sees the likelihood of the result of an occasion. People purchase and offer result shares in view of what they see as the likelihood at any given minute. For whatever length of time that an expectation is dynamic, the value keeps on fluctuating and shows the likelihood of a result as per the group’s shrewdness.
We should accept that a specific occasion is given a 60% shot of happening. This rate speaks to the cost of the occasion, for this situation 0.6. As more individuals trust this occasion will happen, regularly on the grounds that they are in control of data about this occasion yet now and then since they are “following the group”, more “offers” of this occasion result will be acquired and the cost will increment. On opposite, a few people may foresee that this occasion won’t occur and this supposition will adequately motivation the cost to drop. Amid the expectation time frame, the group breaks down the odds of this occasion happening, making a valuable device to comprehend the group attitude on specific points. Since forecast markets speak to assorted musings and feelings from various areas and individual perceptions, they have turned out to be successful as a prognostic instrument, like financial markets. Because of their visionary esteem, forecast markets have been used by foundations and huge organizations like Google to anticipate inward results of item advancement. We trust that because of their expanding fame, forecast markets will turn into a prominent instrument with brokers, particularly as more stages are presented and decentralized innovations increment confide in these frameworks.
ICO Prediction Category:
The Stox prediction markets platform allows you to view wisdom-of-the-crowd insights about future crypto tokens, participate by making predictions, and even win real STX (and other crypto tokens) from our amazing prize pools.
This unique and engaging experience will help build your crypto assets portfolio by harnessing the power of prediction markets and crowd-sourced wisdom.
The rules are simple:
- Make predictions using STX tokens.
- Win part of the allocated real crypto tokens prize pool (based on the proportion of your prediction in amount of STX from the total sum of all winning predictions).
- Register your Ethereum wallet (if not done yet) and we will send you the amount of crypto tokens you won!
How To Predict :
Go to our website and sign up first. After Sign up must sign in Then Click Predictions then Market
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