A lot of persons go into freelancing these days largely due to the scarcity of employments or due to the pressure mounting on others to financially support their families. Most freelance market platforms connect a lot of persons. But they often do this while exploiting the sellers, some of them take commissions that are up to 30 percent of the sellers’ earnings from the sellers’ earning.

That is where Storm Market comes in. They ensure that the sellers get almost exactly his actual earning, by deducting a minute Charge of only 1 percent of their earnings, and then sending pay-outs in the form of Cryptocurrencies.

Storm: Explaining A Unique Opportunity

Storm market is simply a decentralized market place for its participants (storm makers). These participants include companies, sellers, and advertisers that are trying to source for the services of freelancers, in order to complete various tasks. The participants also include those that are called the Storm Players. These include viewers, freelancers, and other consumers who help in carrying out the task.

In return for carrying out tasks by storm makers, storm players are rewarded with bolts on the platform. These bolts are redeemable for Storm Tokens and can be exchanged and sold in other cryptocurrencies.

Storm: Features and Benefits

One of the aims of the platform is to eliminate the friction between buyers and sellers with middlemen in absentia. They also aim to remove the costs and risks involved in dispute resolution by simply enforcing rules and regulations within smart contracts.

Storm also gives both Storm players and Storm Makers the opportunity to reach a really large audience. Thus, helping to improve the efficiency of their businesses and also to give freelancers more opportunities to earn. Transaction costs are also greatly reduced when it is compared to other traditional micro-task platforms.

Storm: Taking a Look At the Token

The official Cryptocurrency of the Storm Market is the Storm Token, also known as STORM. Tasks can be posted on the platform with the use of these tokens. The tokens are ERC20 tokens, and as such are implemented as smart tokens using the Bancor protocol. The implication of it being an ERC20 Token is that it enables its compatibility with all other ERC20 token Cryptocurrency wallet.

They can be stored in both hardware wallets such as Trezor or The Ledger, and software wallets such as Metamask, Mist, MyEtherWallet, Parity etc.

Where To Buy

Since its rebranding, Storm Market has been listed on some exchanges. The Tokens can be purchased with the use of Fiat, and other Cryptocurrencies such as Ethers and Bitcoins. The Token is also traded on exchanges such as; Coinrail, IDEX, Bancor, YoBit, ForkDelta, Coinnest and HitBTC.

The sale of the token started on the 7th of November and ended on the 8th of December 2017. StormX was then able to raise 32 million dollars (64,321 ETH) from the sale of the token. It was later announced that all unsold tokens will be airdropped.