StormX (STMX) is a cryptocurrency-based rewards platform that allows users to earn cashback for shopping at partner stores and participating in tasks ¹. Here are some key facts about STMX coin:
- *What is STMX?*: STMX is the native cryptocurrency of the StormX platform, which integrates cryptocurrency rewards with online shopping.
- *Token Supply*: The maximum supply of STMX is capped at 12.5 billion units, with 10 billion (80%) already in circulation.
- *Token Distribution*: 41.74% of STMX tokens were allocated to early backers during the ICO, 10% has been disbursed to users, 25% remains with the company, and 23.26% is securely "locked" for staking and governance activities.
- *Use Cases*: STMX can be used for shopping, staking, and governance. Users can earn cashback rewards in STMX, Bitcoin, Ethereum, or other supported cryptocurrencies.
- *Staking*: StormX offers a staking feature, allowing users to earn rewards by staking their STMX tokens.
- *Partnerships*: StormX has partnered with over 1,000 global stores, including Walmart, Nike, and Adidas, offering crypto cashback rewards to users.
- *Membership Tiers*: StormX has a tiered loyalty system, with six membership tiers offering increasing cashback percentages and other benefits.
- *Sports Integration*: StormX has a sports platform, offering weekly contests and rewards in STMX tokens during the NFL season.
