Monthly Development Update

Welcome to our January Monthly Development Update! Hi, this is Amit Maor, CTO at Stox, and this month I’m presenting our Monthly Update.

Ongoing Work and Plans:

Our Beta version is called Sun Tzu, in honor of the Chinese New Year. We specifically chose the famed mathematician, attributed with writing ‘The Art of War’ to reflect the power of our new version. This version is lean and agile and is for all users to place predictions using real STX in an easy, crypto-friendly manner.

Users of all levels of familiarity with prediction markets and the cryptocurrency arena should be able to use the Sun Tzu version with ease. It was executed with enough simplicity for our newly adopting users to become familiar with the often complicated process involving cryptocurrency transactions, introducing elements of functionality on the blockchain.

This version has passed development and is in the final stage of testing, with an expected launch of 14 February, (and will drastically improve our current working model). ‘Sun Tzu’ is the first official stage of our Beta version, and more updates and releases will come, as done with the Galton version, which officially retires.

Improvement and Incentive for Usage with LMSR

While we are still working on research and development of our LMSR, we took the necessary step to delay them to Q3. As we release our Beta version with real STX token usage, this will give us the necessary data to continue testing the LMSR protocol, in order to launch them later in the year with the fullest scalability possible.

Website Language Translation

We translated our website to the following languages, which will be released in the Beta version update during the first week of March:

Chinese (Mandarin)

Japanese

French

German

Oracles — Advanced to Q1

We are advancing the oracle protocol. Instead of us internally developing the oracle model, we’ve developed partnerships with companies who specialize in them.

Roadmap Changes

Our Roadmap has always been the guideline for development. It is mostly a technical roadmap. We have learned there are a couple key elements that can be delayed as we work in an agile fashion, to release the most efficient product possible, with the most innovation.

We are focusing on Operator’s sponsored predictions leading to STX usage and demand. Stox HODLr’s can expect to see many more partnerships as our Marketing and Business Development efforts continue and increase.

Key changes to the Roadmap are as follows:

KYC Delay to Q2

We see that at the moment our KYC protocol will be implemented via a third party integration. As we are continuing to work on a risk free model, we have taken the approach that this element of Roadmap progress can be delayed until later in the year.

LMSR integration delayed until Q3, which are still in active research and development.

What We Completed in January:

1. Product AMA

Our first Product AMA was hosted with a demonstration on how to use our Beta version, which will be released mid-February.

2. New Prediction Template

This is a UI/UX improvement that greatly assists our Stox Community with consistency for all predictions. These new views tremendously assist our old and new clients in comprehending the prediction flow. In addition, there will be additional features and prediction types.

3. Usage of Real STX Token Ecosystem with Smart Contract-Based Wallets: Beta Sun Tzu Version Release

This is for all users to place predictions using real STX in an easy, crypto-friendly manner. This is intended for users of all levels of familiarity with prediction markets, the cryptocurrency arena and the new members of our Community to use with ease and simplicity.

This task is launching with an expected launch in mid-February, and will drastically improve our current working model, including the addition of using real STX with smart contract STX wallets. The integration of smart contract wallets required a tremendous amount of infrastructure work, to ensure the platform was powerful enough to generate these contracts on high demand.

Keep in Mind — STX tokens are never at risk in this Beta version

Whether the prediction is won or lost, the tokens are returned to your balance. The purpose of introducing them at this time is for us to: