Storm Whitepaper

Abstract

StormX, Inc. (“StormX”) is rebranding its popular AdTech application “BitMaker” to “Storm
Play,” and contemporaneously kicking off both the increased gamification of, and the
integration of blockchain technology to, the app. To introduce blockchain technology into
its technology stack, StormX is introducing the STORM token, an ERC20-compliant token
that operates on the Ethereum blockchain. “Storm Makers,” who post tasks in the Storm
Play app, are required to pay for posts in STORM tokens, and “Storm Players,” who are the
users of the app earn rewards, denominated in Bolts, for performing tasks. With the
introduction of Storm Play, Storm Players now have the option of monetizing their earned
Bolts in STORM tokens. Storm Players may then become Storm Makers by in turn using
STORM tokens to pay to post tasks on the platform.

The introduction of blockchain to the Storm Play app marks the first step in an evolution
toward what StormX envisions as an entire decentralized marketplace for tasks – the
“Storm Market.” The Storm Market will operate similar to the Apple App Store or the
Google Play Store in that it will serve as a platform where Storm Makers and Storm Players
can create and accept tasks using smart contracts powered and paid for with STORM
tokens. StormX aims to make the Storm Market a platform that operates via a combination
of StormX APIs and other proprietary software tools and applications, along with
Ethereum-based smart contracts for various types of tasks which will execute using STORM
tokens. People worldwide can benefit by adopting the Storm Market model as a
mechanism for commerce, as it makes it easy for Storm Makers and Storm Players to
connect and interact with significantly reduced transaction costs.

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