StormX, QTUM partnership to expand presence across global blockchain network

Blockchain-powered ad-tech and micro-task company StormX announced this week 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

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 ad-tech innovator in the Asian market,” StormX CEO Simon Yu said. “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.

“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,” QTUM CEO Patrick Dai said.

StormX will also give QTUM’s 30 existing DApps, and 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 step towards our goal of making QTUM the world’s most sophisticated business-friendly blockchain platform,” Mr. Dai added.