The cryptocurrency market is a realm of untapped opportunities. The blockchain is considered to be a disruptive technology with the potential to transform not just the way we operate businesses but also the way we live. The recent boom in the market has further increased interest in the blockchain technology and various projects with interesting propositions have entered the market.
Today, we are going to discuss StormX. Earning crypto rewards as cashback by using cryptocurrencies online is nothing new. However, this project enables users cashback on cash payments done online. Let’s delve into the world on StormX!
What is StormX?
StormX is a decentralized platform based on the blockchain of Ethereum. It has an application as well as a chrome extension. The platform works in a simple way making it accessible for the masses. All users have to do is enable the Google Chrome extension on their browsers before purchasing products online. It allows cashback in Bitcoin, Ethereum, stablecoin DAI as well as the native token STMX. StormX has partnered with popular online retailers like eBay, Nike, Uber and many more.
Users of the platform have the opportunity to earn as much as 80% cashback on their online purchases. Moreover, they can also choose their cryptocurrency of choice for cashbacks. The StormX mobile application also offers cryptocurrency rewards for micro-tasks – for example, surveys. The STMX token can also be utilized as passive income. The platform offers attractive rewards on staking the cryptocurrency.
What does the future of the platform look like?
StormX has been performing phenomenally well and the reason behind its performance is the hard-working development team. The platform has become official blockchain partner of the NBA Portland Trail Blazers. It is the first blockchain to be featured on an NBA jersey. Moreover, the platform is also working towards adding more and more online retailers to its list of supported websites. Recently, Chewy – the marketplace for pets – had been added as a partner.
The STMX token had portrayed a staggering performance even through it could not break its all-time high of 2018. At the time of writing, the cryptocurrency stands at a price level of $0.033 and is bullish. The price has increased by 12% in the past twenty-four hours. StormX has good future potential which has resulted in a bullish outlook for the future. According to the estimates of Wallet Investor, the cryptocurrency is expected to be operating at a price level of $0.059 in a year’s time while the price is expected to reach $0.182 in five years’ time.