Monthly Development Update for February Activities

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

Ongoing Work and Plans:

ICO Predictions Category template

We are working on specific template for ICO’s. This unique offering for operators is a fast growing category, with several operators conducting sponsored promotions partnered with Stox to super-launch their ICO’s. We continue to grow and invest in this category as the results for users, with real STX token and other token prizes, provides highly attractive payouts for those who predict correctly.

2. New Prediction Template

We’re working on a completely new UI/UX for the 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. Fully automated, all access to blockchain

We have successfully automated the withdrawal process and have upgraded our internal system from manual processing of withdrawals.

4. Open Your Own Predictions

Formerly we ran the Predictions Bounty, and now we’ve added a feature where those same predictions (once approved) can be automatically added to our platform. Users will be able to manage the predictions, define oracles and even close the predictions they set. All the statistics on each prediction will be open and available for all users to review.

What We Completed in February:

The Beta version, ‘’Sun Tzu’’, was released. 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, and introduced them to the basic elements of functionality on the blockchain.

2. New Prediction Type — Scalar

Now we support a new type of prediction, our ‘’Scalar’’ prediction. The user predicts any number from a predefined range, and not just from a list.

This is perfect for price predictions, questions such as “How much will company X will raise in their ICO ?” and many more. To execute the Scalar predictions, we use a sophisticated algorithm to calculate the prize.

3. Website Language Translation

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

Chinese (Mandarin)

Japanese

German

Russian

4. Second Product AMA

Our second Product AMA was hosted with a demonstration on how to use our Beta version, how to create a wallet on the platform and how to deposit and withdraw STX tokens. We had an open question and answer session over in our Telegram group just after the demonstration was uploaded, which sparked great responses, questions and suggestions from our Stox HODLr’s Community.

5. We hosted AskStox #7

Our Ask Stox series is dedicated to giving our Community a chance to ask anything about our platform, future development plans, current issues, management, organizational strategy, and more. Community members were encouraged to take the time to “Ask Us Anything’’ about Stox, our current plans and our future.

In addition, our Stox Cup IV starts TODAY, 5th March and runs through 8th April. For all the latest information on the Stox Cup and our Champions League Tournament, don’t forget to follow us on Telegram, Twitter and Facebook for all the latest updates!