Ink Labs Foundation
2 min readDec 18, 2017

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Ink Inks Strategic Investment with Storm Market

Storm Market, has on December 7th, announced an in-depth strategic partnership with Ink. It will begin developing technology based on the Ink protocol with the invested funds.

Storm Market is a gamified micro-task platform where the members can earn STORM tokens from anywhere, at any time, from any device. As the platform develops, there will be additional gamified micro-task added. This is similar to Quality Testing Machine learning where Storm Market creates more opportunities to earn tokens and to continually evolve the platform’s user interface.

Storm X has created a STORM market ecology, including Storm Play, Storm Shop, Storm Gigs, etc. There are over 307,000 users from 187 countries or regions, as well as strategic partners including Uber, Hulu and Final Fantasy. The Storm project has several pre-eminent consultants on board including Bill Shihara; CEO and co-founder of Bittrex, CEO and founder of Jaxx & Decentral, and Anthony Di Iorio; founder of Ethereum.

Storm Market is committed to revolutionizing the peer to peer freelance job market, and Ink is aiming to build an ecology for the global cultural scene. Both parties have the common vision of establishing a truly global free market based on blockchain technology.

Ink will provide Storm Market with technical support on affiliate and cross-chain agreements help them to access additional IP resources. Storm Market will become an important node in the Ink IP incubation system, co-producing high-quality game content and IP; thereby mutually benefiting from shared resources and successes.

Simon Yu, CEO of StormX, said, “Ink’s technological superiority is at the forefront of the blockchain world and Ink-based technical development will greatly enhance the security and application scalability of our platform. In addition, Ink’s support will help us make inroads into the Asian market and expand our global presence.”

Founder of Ink, Tang Ling said, “Ink has always been committed to using the blockchain to transform the global cultural market and expand the industry’s reach, thus building the foundation for a complete international ecology. This shared vision allows us to create and benefit from compatible synergies. I believe that this alliance will promote further development of the blockchain ecosystem and community.”

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