Stoxum

STOXUM

Stoxum is the world’s first exchange platform for cryptocurrencies. In the platform, each holder of the STM token is a co-owner and can depend on the income from the exchange’s profit. Such revenue is proportional to the tokens available for emissions which finally decreases increasing the value of the token. All the financial indicators of the ecosystem are entirely open.

PROS

• It features a White Label that provides a finished product which does not require extra investment to build infrastructure, carry out research or technical work.
• Both the project code and documentation will be published in an open access site and as such anybody who is interested in the same can not only inspect the technical aspect but also recommend changes.
• In addition to a constant profit, a token holder has access to the complete reporting of the project online, the ability to influence voting when new tokens are introduced to the market and much more.
• Each trader on the platform has access to clear and accessible interface, free and secure registration, internal currency purses and ability to make financial transactions between the purses of platforms that support their preferred currencies.
• After a registered user recharges the platform for a certain amount, a common chat message is provided in addition to a system of “karma” which allows users to take part in content moderation.
• The platform utilizes the latest global marketing tools and all the promotion channels in addition to a clear structured step-by-step strategy that specifies each stages of product introduction to the market thus increasing the level of brand recognition and enhancing its mage.
• The Whitepaper; besides being clear and to the point, the whitepaper uses elaborate examples and illustrations that further expound on the explanations.

CONS

• While the whitepaper categorically states that token holders are entitled to bonuses and privileges, it does not give the exact amount or even the percentage.
• There is no mention of team members both on the website and on the whitepaper.
• Restricting the creation of a common chat message to those who have charged the system to a certain level may deter potential users from joining the platform.

SUGGESTIONS

• Come up with a precise figure (or even percentage) on the amount of bonus a user gets for trading and/ withdrawing the currency.
• If there are team members, their names and brief description of their accomplishments should be included both in the white paper and in the website.
• The common chat message service (say for a certain trial period) should be availed to users to entice them into joining the platform.

NOTE

Investing in a system that generates income on a regular basis is everyone’s dream. I would also like to put my money in a system that allows me to convert it to a fiat currency of my choice, cryptocurrencies or even transfer to other people within the ecosystem. For these reasons, I will invest in Stoxum.