Adtech innovator takes further step to integrate Asian market

StormX, the blockchain-powered adtech and micro-task innovators, today announced it will work with open source value transfer protocol and decentralized application (DApp) platform QTUM. The cooperation will boost StormX’s expansion across the global blockchain market and let participants in the STORM Token crowdsale contribute with QTUM tokens, a top 15 platform by market capitalization.

Simon Yu, CEO of StormX, said, “StormX’s relationship with QTUM will bring many exciting opportunities and help to establish us as the leading blockchain-powered adtech innovator in the Asian market. As a key player in the Asia region, QTUM is an ideal counterpart, and StormX is in fact one of the first non-QTUM blockchain-related companies to cement this kind of strategic collaboration.

“Asia is a serious contender for the top blockchain market globally and recent fintech use cases are a promising sign of where the region is heading in terms of adoption and development. We expect the expansion of StormX into Asia to be well-received, particularly given the ability for our platform to reach people in developing areas, allowing anyone to easily earn STORM Tokens by completing gamified micro-tasks.”

With the StormX public Crowdsale currently in motion, supporters will now be able to participate in purchasing STORM tokens using QTUM tokens (QTUM) in addition to Ethereum (ETH). The Crowdsale will conclude on December 7.

Patrick Dai, CEO of QTUM, said, “The importance of thinking big and borderless underpins QTUM Foundation’s aim to unite different cryptocurrency communities, and these values align closely with StormX’s goal of building a truly global, blockchain-enabled freelance market.”

In addition, StormX will give QTUM’s 30 existing DApps, as well as those that will join the network in the future, access to its user base of 307,000 monthly active users across 187 countries. This will help QTUM DApps achieve mass adoption within the cryptocurrency community and assist with their global scaling goals.

“Our strategic cooperation will also increase QTUM DApps exposure to the global market, which is a significant steps towards our goal of making QTUM the world’s most sophisticated business-friendly blockchain platform,” said Dai.

Steven Nerayoff Esq., LL.M., Alchemist Ventures Founder and architect of the Ethereum token sale, said, “Being part of the beginnings of Ethereum and what has occurred from those early efforts, I am delighted by the magnitude and innovative nature of StormX and QTUM’s strategic partnership. This is a significant milestone in crypto history that will stem exciting cross-chain opportunities for the whole ecosystem and have far-reaching, positive effects for the global blockchain community.” Nerayoff is also the Chairman of Global Blockchain Technologies Corp (TSXV:BLOC).

Supporters can contribute to the STORM Token crowdsale via the official STORM website at stormtoken.com/tokensale.