StormX — Simon Yu, CEO and Co-Founder — A Gamified, Microtask Platform Built on the Blockchain
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 21 February 2018
⏱️ 21 minutes
🧾️ Download transcript
Summary
In order to allow products and services such as Netflix, Hulu, or games such as Final Fantasy the opportunity to reach more viewers, StormX has built a gamified microtask platform that rewards its users with cryptocurrency for engaging in short tasks from these companies. The platform is designed to feel more like a game than actual work, and the more you interact with content and different products and services, the higher your cryptocurrency rewards.
By building their platform on the blockchain, StormX can reward users directly rather than going through a middleman, and can increase retention rates for advertisers. So far, they have had 1.5 million downloads of their app, and their users come from 187 different countries. They are also developing a platform that connects employers and people looking for short-time work called StormGig.
This platform will allow people to do short tasks similar to tasks found on Fivrr, Mechanical Turk, or Upwork, but utilizing blockchain means reduced transaction fees that could otherwise eat away at user's income. Ultimately, StormX hopes to use their platform to make a difference in people's lives worldwide.
For more information, visit www.stormtoken.com.
Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.6 | Future technologies are always to transform our lives for better or worse or the focus of this podcast. |
| 0:13.3 | Almost here means these technologies are now here and starting to be used. |
| 0:17.8 | We're just around the corner, from Bitcoin to artificial intelligence, 3D printing, blockchain, virtual reality, and more. |
| 0:26.2 | I'm a tech podcast, Josh Thomas, and I'm here with Simon U of Stormex, and it is a Gameified |
| 0:33.9 | Microtask platform. |
| 0:36.3 | Hello, Simon. |
| 0:37.2 | Hey, thanks for having me. |
| 0:38.9 | Hey, we're glad to have you. So, gamified microtask platform. |
| 0:43.5 | You know, I kind of understand what those words all mean separately. |
| 0:47.1 | But what do they mean put together? |
| 0:48.8 | Yeah, so it's actually pretty often. |
| 0:50.6 | So our key mission is for allowing users to earn from any time, from any |
| 0:57.2 | place, from any device. And we allow users to earn cryptocurrency by doing short tasks. So you |
| 1:04.6 | can check out products, you can check out services, you can do short jobs. So the whole platform is about microtasks and allowing people to earn. |
| 1:14.6 | And we do it in a gamified way that makes it fun and for users to feel like they're playing a game |
| 1:20.8 | other than they're just working. |
| 1:22.1 | So it's a short just for the example of a microtask. |
| 1:26.0 | Yeah, so one of the awesome features that we have is you can actually earn crypto rewards by playing games. |
| 1:32.8 | So one of the offers that we have is, you know, you reach level 6 by playing Final Fantasy, |
| 1:38.7 | then you can receive a couple dollars worth of cryptocurrency. |
| 1:43.0 | And by further playing in the game, |
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