STOX PREDICTION MARKETPLACE HEADS TO ALPHA TESTING; SUBMITS LOI TO PURCHASE COMPANY WITH 2 U.K. GAMING LICENSES

JohnWallStreet

Barcelona star Luis Suarez announced on behalf of Stox, that the prediction marketplace is headed for Alpha testing. The news comes less than 30 days after the company’s $33 million (current market cap is $47 million) ICO and just 2 weeks after the announcement that they had submitted an LOI to purchase a company that holds 2 U.K. gambling licenses. The Stox platform is used for investors to place digital currency tokens on event-based outcomes (i.e. sporting events).

Less Than Month After ICO, Stox Kicks Off Alpha with Luis Suarez

Howie Long-Short: Stox is well positioned in its competition with Augur and Gnosis. Invest.com Group, which is behind Stox, has a large existing client base and has proven successful at driving traffic to similar projects.

Fan Marino: Suarez announced he put his STX tokens on Federer to win the U.S. Open. Not exactly picking the underdog. Roger was the favorite coming in at +175 (OddsShark). He won last night to advance to the quarterfinals.

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