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Author Topic: [UPDATE] [ANN] [ICO] STORM Token and StorMarket: Freelancing via blockchain  (Read 11175 times)
stormtoken
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July 06, 2017, 08:28:08 PM
 #1

ICO DATE COMING SOON
We are working on a couple BIG partnerships for our upcoming ICO. We are very excited about what the future holds and will keep everyone updated as we continue to work on the details


STORM Token With Bittrex Exchange

To learn more about the STORM token and StorMarket:
Website: http://stormtoken.com
Twitter: https://twitter.com/Storm_Token
Facebook: https://www.facebook.com/stormtoken/
Medium:https://blog.stormtoken.com
Slack:https://stormtoken.now.sh
Reddit:https://www.reddit.com/r/stormtoken/

CakeCodes, Inc. located in Seattle, WA, USA, is officially announcing its token generation event. Storm tokens will become available to the public on August 15th.

CakeCodes, Inc. is proud makers of the app "BitMaker," a platform that connects companies and users directly by offering cryptocurrency as the main reward. We recognized the inefficiencies in the digital advertising space and set out to solve them. Users were being inundated with over 5000 ads per day, and advertisers were seeing negative returns on their investments. The winners in the current environment were the middlemen, the ad publishers.

By creating BitMaker, we were able to create a platform that financially made sense for both parties. People were being rewarded cryptocurrency in exchange for their meaningful engagement with advertisers. By paying people in Bitcoin and Ethereum, advertisers were able to increase the amount of users engaging with them, increase their retention ratios, and increase customer lifetime value.

Example: $10,000 spent on a CPM campaign  

  • $10,000 ad spend x 2.7% = 270 users generated from ad campaign
  • If  LTV  of  a  user  is  $5  (mobile  gaming  upon  reaching  level  6)  =  $1,350  revenue  generated - $10,000 ad spend = ($8,650 LOSS)

Example: $10,000 ad spend CPA campaign
  • If LTV of a user is $5 (mobile gaming upon reaching level 6) = reward $3.50 per user upon completion
  • $10,000 budget/$3.50 = X Users oX Users * LTV = $14,285.71 revenue generated o$14,285.71 revenue generated - $10,000 ad spend = $4,285.71 PROFIT  

After building a profitable and sustainable business with over 900K+ users in 187 countries, we realized that our platform possessed additional capabilities that could help unify the global workforce.

Introducing StorMarket

As employers begin to place a larger emphasis on technology and automation it is becoming much harder for the average worker to find a traditional job. In the last 5 years, the freelance job market has grown exponentially, becoming a $2 trillion industry with continuing signs of growth. The growth is fueled by the benefits that both sides of the market experience:

Workers
  • Be your own boss
  • Higher earning potential
  • Work wherever you want
  • Work whenever you want
  • Flexibility, freedom
  • Utilization of skills

Employers
  • Access to worldwide talent pool
  • Higher quality work focused on retention
  • Lower costs (no benefits)
  • Low risk

The freelance job market continues to grow by up to 37% year over year. There is significant untapped potential in this marketplace as 27% of the 4.68 billion eligible workers in the world are out of a job. By using BitMaker as our insertion point, we will be able to quickly and seamlessly develop StorMarket, a platform that can benefit billions of people all throughout the world who are looking for work.

While there has been success, there are inefficiencies within this marketplace that limit its potential. For example, the traditional micro-job platforms charge unreasonable fees, which hurt both the job poster, and the job performer. By creating StorMarket, a secured, decentralized micro-job marketplace, we will be able to remove the inefficiencies from this market.
Current Industry Fees & Commission
Mechanical Turk-----20-40%
Fiverr----20%+Paypal Fees $0.30+2.9%
Upwork----10-20%
TaskRabbit----30% + 7.5% Trust Fees


By utilizing blockchain, we will be able to further automate the process of the micro-job marketplace by integrating the project management and marketing aspects directly into our platform. StorMarket will be able to eliminate nearly all fees (Ethereum gas fees)and put the power back into the hands of the users.



Participant Restrictions
USA Residents Accredited investors only
Rest of WorldNo limitations


TEAM
Simon Yu, CEO, Co-Founder
Calvin Hsieh, CTO, Co-Founder
Rui Maximo, Blockchain Engineer,
Sean Zhong, VP of Engineering
Arry Yu, COO

Advisors
Bill Shihara, CEO of Bittrex
Ivan Braiker, CEO of Transbiotech
Jon Nolz, President of Symmetry Consulting
CK Wang, CEO and Founder of Kooapps
Brett Noyes, Blockchain Advisor

FOLLOW US!

To learn more about the STORM token and StorMarket:
Website: http://stormtoken.com
Twitter: https://twitter.com/Storm_Token
Facebook: https://www.facebook.com/stormtoken/
Medium:https://blog.stormtoken.com
Slack:https://stormtoken.now.sh
Reddit:https://https://www.reddit.com/r/stormtoken/
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July 06, 2017, 08:30:44 PM
 #2

I'll be watching, we have awhile until launch so keep feeding us info  Cheesy
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High-quality English-Russian translation service!


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July 06, 2017, 08:31:02 PM
 #3

will you announce translation bounty?

                                      B A N E R   -   ICO: September 6th until September 30th                                       
[Whitepaper] [Business Model] [Token whitepaper] [Feasibility study]
BitcoinTalk | Website | Slack | Twitter | Facebook | Telegram | Medium | Reddit | GitBooks


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July 06, 2017, 08:38:10 PM
 #4

What is mean of Bittrex Exchange in title you will host this ICO on that exchange or it has mean something other than this. Can you please explain about into this thread as I'm interested to know about that?

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jaceefrost
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July 06, 2017, 08:39:56 PM
 #5

will you announce translation bounty?
They have a dedicated thread for bounties here: https://bitcointalk.org/index.php?topic=2005611.msg19963805#msg19963805
What is mean of Bittrex Exchange in title you will host this ICO on that exchange or it has mean something other than this. Can you please explain about into this thread as I'm interested to know about that?
Same question. So will the ICo be hosted in bittrex or something? Only thing bittrex related I see in the thread is about the CEO of Bittrex being in your advisor lists.

*STORM to ETH will change based on Ethereum price volatility*
I'm confused as well as how this will work. Wouldn't this be unfair or somewhat mess up with the sale?


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stormtoken
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July 06, 2017, 08:43:45 PM
 #6

We have a direct partnership with Bittrex. $10M of the total $50M raise will be issued through the Bittrex exchange and be available to trade immediately after the end of the token generation event on the Bittrex platform.

The remaining $40M of the token generation will be issued through smart contracts on August 15th.

Token generation event on the Bittrex platform will allow participants unfamiliar with the process of smart contracts to easily contribute to the TGE event.


What is mean of Bittrex Exchange in title you will host this ICO on that exchange or it has mean something other than this. Can you please explain about into this thread as I'm interested to know about that?
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July 06, 2017, 08:45:13 PM
 #7

ICO directly in bittrex yes? Seems very interesting.

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Campaign manager for MonkeyCapital


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July 06, 2017, 08:45:25 PM
 #8

Hey please your inbox and this looks a good project though minimal looks.

Want to hire a manager for managing your campaign ? I can help you out, PM me.
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July 06, 2017, 08:46:13 PM
 #9

Hey please your inbox and this looks a good project though minimal looks.

I mean he just posted it so... Seems to be getting plenty of looks
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July 06, 2017, 08:49:26 PM
 #10

STORM token supply: 7,500,000,000 token Shocked Shocked Shocked Isn't it too much?
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July 06, 2017, 08:51:46 PM
 #11

ICO directly in bittrex yes? Seems very interesting.

You have to read this reply about your concern everything explained in details how bittrex will get involve into this ICO.

We have a direct partnership with Bittrex. $10M of the total $50M raise will be issued through the Bittrex exchange and be available to trade immediately after the end of the token generation event on the Bittrex platform.

The remaining $40M of the token generation will be issued through smart contracts on August 15th.

Token generation event on the Bittrex platform will allow participants unfamiliar with the process of smart contracts to easily contribute to the TGE event.


I have a question is there any method to confirm the status of this they are part of this project.

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July 06, 2017, 08:55:18 PM
 #12

I will observe the update of the information   Cool

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July 06, 2017, 08:56:02 PM
 #13

Good Question. Most of the tokens will be allocated towards the users, and all staff are subject to a 1 year minimum lock and continues to unlock each month afterwards until the end of year 4.

While we built our original product with BitMaker, we realized as the Bitcoin and Ethereum prices continued to increase, utilizing coins which are hundreds of dollar per coin would not scale as minimum payment (satoshi) to send out was too high in fiat equivalent.

The purpose of us creating 7.5B tokens is to allow us to send micro payments in large quantities. This will help us scale the number of transactions sent out to individuals as the volume of the marketplace grows.


STORM token supply: 7,500,000,000 token Shocked Shocked Shocked Isn't it too much?
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July 06, 2017, 09:04:59 PM
 #14

total suply is very big all coin alocation to ico selling
what is use coin if not sold out can burn
any bounty






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July 06, 2017, 09:28:35 PM
 #15

The purpose of us creating 7.5B tokens is to allow us to send micro payments in large quantities. This will help us scale the number of transactions sent out to individuals as the volume of the marketplace grows.

total suply is very big all coin alocation to ico selling
what is use coin if not sold out can burn
any bounty
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July 06, 2017, 09:36:33 PM
 #16

Fix your website just talking about bittrex
Such websites will not be accepted by bittrex, you may imagine, but your fantasy should be in accordance with your work

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July 06, 2017, 11:08:27 PM
 #17

ICO directly in bittrex yes? Seems very interesting.

You have to read this reply about your concern everything explained in details how bittrex will get involve into this ICO.

We have a direct partnership with Bittrex. $10M of the total $50M raise will be issued through the Bittrex exchange and be available to trade immediately after the end of the token generation event on the Bittrex platform.

The remaining $40M of the token generation will be issued through smart contracts on August 15th.

Token generation event on the Bittrex platform will allow participants unfamiliar with the process of smart contracts to easily contribute to the TGE event.


I have a question is there any method to confirm the status of this they are part of this project.

I can confirm the involvement of Bittrex exchange.

Thanks

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July 06, 2017, 11:58:35 PM
 #18

For information about our bounty program, please visit this link:

https://bitcointalk.org/index.php?topic=2007139.msg19982593#msg19982593
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July 07, 2017, 05:34:39 AM
 #19

Chinese Translation :  https://bitcointalk.org/index.php?topic=2007507

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Blocklancer - Freelance on the Blockchain


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July 07, 2017, 05:36:54 AM
 #20

Does this project provide Bounty ??

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The first Decentralized Autonomous Job market (DAJ)
★★ VISIT US ! ★★ JOIN BOUNTY ★★
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Freelance on the Blockchain

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