Prediction markets are making their mark on the blockchain and cryptocurrency industries as we speak. Stox, one of the ICOs promoted by Floyd Mayweather, aims to do so as well. Its goal is to build the blockchain prediction market of the future using Ethereum technology. The Concept of Stox Although the name would suggest Stox has something to do with stock markets, that is not the case. Instead, the platform will serve as a global open-source prediction market where users can make their own predictions. Doing so will earn them a portion of a stake in a specific event. Moreover, Stox maintains a single token economy,
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This week, WLD token from the Worldcoin project soared by 142.7% against the U.S. dollar, topping the chart as the week’s most significant gainer. Hot on its heels was the digital currency bitget token (BGB), which saw an increase of just over 58% in the past week. Conversely, Astar (ASTR) experienced a decline of 6.4%, […]
At the time of writing, the value of the crypto economy has reached $1.93 trillion, with bitcoin alone accounting for $1 trillion of this total. Bitcoin and ethereum have experienced increases of 4.2% and 5.3%, respectively. Meanwhile, a few crypto assets have posted even more significant gains against the U.S. dollar. DYM surged by 16.8%, […]
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same […]
