Review on Stox by Stephen Toluwani
An idealistic Innovations in the blockchain based prediction market
In a world where blockchain based predictions are currently on the rise, Stox is beginning to take it's part of the pie by bringing into the niche it's very own unique difference amongst the others.
On the Stox prediction platform, as a user, I am allowed to buy or sell outcome shares in such a way that resemble futures Trading by giving us two different options to pick from. Not just does Stox allows singularity users like me answer or participate in it's prediction games but also allows or creates the enabling ground for me to create my own Predictions for other people to participate in. This is exactly what makes Stox different from the blockchain based prediction platform I have been hooked onto. It's method of a good web design can't be overemphasized, using an intuitive and user friendly interface, it is very easy to access and interact with the platform.
With other competitor in the space, it might take it longer for Stox to reach it's maximum audience. One major disadvantage I have found on Stox is it's withdrawal policy which can be made pending for a week or longer, it took me a week plus to receive a refund but all the same, with success stories fr crypto project like LeadCoin and with Stox currently running risk-free mode, I would strongly recommend it to everyone to interact with.
Pros
- A prediction platform that is open to anyone to create and participate in outcome predictions
- Very intuitive user interface
- Currently risk-free platform meaning users do not loose STX even when outcomes go against their predictions
- Received success stories from projects like LeadCoin using its crowd source wisdom pool
Cons
- Inefficient withdrawal policy
- There is a lot of competitions in the blockchain prediction niche
