It is hard to believe that it has only been six weeks since the Stox token sale began, and a lot has happened since. In fact, we ended last week with a visit to our offices by Ethereum founder Vitalik Buterin!
Alpha Update
We launched the Alpha version of our prediction platform on August 30th less than a month after our token sale ended in only 34 hours.
The alpha launched with one prediction and thousands of enthusiastic testers. We have since made a number of platform updates:
· Added 3 new predictions
· Created a 2nd prediction template for ‘yes’ and ‘no’ predictions in addition to the template which gives users a number of different outcomes to select from
· Completed one full prediction cycle, including profit and loss distribution and a review of number of correct/ incorrect predictions
· Fixed bugs
Our team is currently focused on the blockchain technology of smart contracts to prepare for the live version of the platform.
The Alpha launch is just the beginning of the Stox story. We are working on creating the best prediction market platform in the world and are delighted that so many of you are on board.
Legal Update
Our priority is to ensure that all of our activities are above board and legal. Our legal team is working very hard on ensuring high liquidity for the Stox token and readiness for smart contracts. We expect new developments shortly and will keep you informed.
UK Gambling Commission License
The company decided to exercise the option to purchase two UK gambling licenses for technology platforms following an LOI and are in the process of due diligence. This will ensure our healthy status as a corporate citizen as well as the long term potential of the Stox platform.
Out and About — the Stox Team
The Stox team is on the move!
Next week Stox founder Ophir Gertner will take part in d10e, the leading conference on decentralization. He will be on the panel of the ICO pitch competition “Lessons from a successful $30 million ICO”.
There are more events and visits in the pipeline and we’ll update you when they are confirmed.
We have been overwhelmed by the support and feedback we have received and are reviewing hundreds of emails and messages. We appreciate the time that our ever growing community invests in Stox.
Stay tuned for more updates!
