Welcome to AskStox#7

These questions were submitted from our Community via our Telegram group. We’re here to answer the top questions today about our platform, Roadmap plans, user adoption, operations and more. Stay tuned between 1pm — 3pm UTC for the live discussion on Telegram

AskStox#7

Platform

Q1: Any chance the mobile app will release before June? Team is focused on product development. I hope we could see progress over the roadmap.

A: It’s always great when we’re able to release new features, versions or products ahead of schedule. We are working on many components currently and believe we will remain on target for the Roadmap for mobile app rollout. Our intention is to release a first version mobile app as soon as possible.

Q2: Do you take time into account for the predictions in the live platform? The reason is that predictions become easier once its closer to the deadline.

A: We are aware that there is a slight advantage in the eyes of some users to wait until the last moment to make predictions. We are actively researching and reviewing ways to discourage this practice, but whenever there’s a timeframe given, there will always be users who try to predict based on the predictions made in advance by others.

Q3: There are many ways to tackle the timing issue, would be nice to know how and when they’re planning to do it.

A: Your suggestions are welcome. We are working on this factor, but if you feel you have a protocol that would be implementable, feel free to send it to us at info@stox.com.

Q4: Is there going to be a way to buy or sell your predictions before they settle like with AUGUR?

A: As promised in our White Paper, this feature is part of our Roadmap and is in research phase. We are planning to release the first version of this feature in 2018.

Q5: The Roadmap and Monthly Development Update says that the LMSR modules were delayed to Q3. Just trying to understand what are those.

A: LMSR modules, also known as Logarithmic Market Scoring Rule market maker modules, is a process devised by our adviser, Robin Hanson. You can read all about what it means and how it functions here.

User Adoption

Q6: Since the beta with real Stox use has been anticipated, can we expect a sooner than anticipated invite of the invest.com user base (3+ million) to join the beta release for the chance to win real Stox risk free?

A: Currently, our point of view is that we can continue to refine our product, specifically the new version that was just released prior to the invite of our partnership’s user base. However, we are speaking with them on a continuous basis so we do expect this to be sooner than forecasted. As invest.com clients are mostly not crypto-oriented, there are some additional changes and features we want to implement before starting to target them.

Q7: Now that beta is out, can you start beta test focus group subjecting non-crypto users to the Stox platform to buy Stox and August and test both platform and produce white paper, surveys and video releases to convince and ease mainstream adoption?

A: We aren’t 100% sure if you mean to test our platform against a competitor, but if that is the suggestion, we’ll take it under consideration. We would suggest that the writer of the question contact us at info@stox.com with their idea of how they would conduct this testing, or get in touch with us during the open discussion over Telegram today.

Operations

Q8: Since Stox can’t legally start prediction, can we expect that you guys will purchase a license to allow stox-sponsored predictions?

A: We aren’t certain why it’s stated that we can’t legally start prediction, as Stox has many predictions our website. We bought CommoLogic for the purpose of having licences, which if they are approved for new use, would be applicable in this arena for certain locations. We are also currently in the process of applying to extend our licenses to cover more activities. Those licenses will only be relevant for those users who live in the jurisdiction(s) of those licenses.

Q9: How soon can we expect an operator sponsorship?

A: We have several operator sponsorships already in place, starting with our rapidly expanding ICO predictions category. We’ve already partnered with five different operators to host their sponsored predictions.

Q10: When and if 2FA will be added to the withdrawal process?

A: 2FA (2 Factor Authorization) is an important security feature planned in the Roadmap. We will implement secondary verification by mail into the automated planned withdrawal process.

Thank you to all our Community members and Stox HODLr’s who submitted these questions. We hope the answers have been helpful to you. Don’t forget to join us on Telegram from 1pm — 3pm UTC today, 22 February, 2018 for the live discussion on these questions, answers and more.

We look forward to hearing from YOU!