Review on Stox by Japheth Ayuba
Stox is easy to use: Predict and Win
THE Stox crypto project is an Ethereum based prediction platform from which users from all over the world are allowed to join prediction events or even create their own on it's platform using it's STX token, an in-game currency used to access and utilise the services provided by the platform like placing predictions on it's live market and events and fees, users who also create their own predictions events by collateralizing STX from which users will get paid from when their predictions come right. The Stox platform can be easily accessible via it's application on PC's and Android devices, although it's web platform is available but I didn't see any way I could use it for predictions. Trying to understand the credibility of the project, I checked it's white paper and roadmap which turned out to be well detailed and shows a lot of Innovative ideas coming to be updated into the project code. The only reason why I can not make use of the project regularly is because it's hosted on Ethereum and the transaction fees paid can exceed one's earnings from the platform. It's still a great project and I believe much can still be expected from
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Pros
- Easy sign up procedure to the platform
- Any user can be a content creator as the platform is open to all
- It's STX token is traded on two major exchanges with good liquidity
- The project follows a detailed roadmap and white paper
Cons
- With Stox being hosted on Ethereum, transaction fees are high
