Stox, the blockchain-based prediction market platform, will be featuring a prediction market on MaxData’s token generation event to support the ICO launch.
MaxData seeks to build a blockchain-powered marketplace to help service providers find their customers, thus reinventing the consumer-business relationship in a wide array of market segments, including telecommunications, utilities, and insurance. The project aims to make consumers' lives easier and save companies billions of dollars due to targeted advertising based on consumer preferences, as opposed to mass promotion campaigns.
MaxData’s benefits
The MaxData platform was created by people who understand the needs and pains of average consumers overwhelmed by intrusive and often irrelevant advertising, starting from online banner ads and emails to cold calls and offline billboards.
With that in mind, the MaxData team has developed a platform where users can provide anonymized data about their preferences and needs and receive customized offers and service solutions from companies and service providers. This is a win-win solution as users can reduce their cost of living by receiving best offers from service providers, while companies can pay consumers directly for submitted personal preferences instead of wasting money on mass advertising.
Empowering markets with Blockchain Technology
“Our latest partnership with MaxData offers tremendous potential to both consumers and providers. The protocol MaxData has set up is a perfect disruptor to the current scenario for companies looking to acquire clients. We are excited to see how their product can bring blockchain to daily life in a measurable and meaningful way,’’ Stox CEO, Yossi Peretz, commented on the announcement.
“Instead of focusing on traditional, expensive campaigns, which often do not generate the most suitable clientele, and instead by using anonymized data from willing sources, service providers can more efficiently target clients; plus, potential clients can save money and receive services they actually need, for the price they want to pay.
We believe our platform gives power back to the consumer and brings blockchain technology to our daily lives with a positive impact for both sides of the client/provider relationship,’’ Assi Zichlinski, CEO of MaxData, stated.
MaxData is the latest ICO partner on the Stox platform, which has earlier featured the likes of LeadCoin, Sirin Labs, InsurePal, FintruX and BlitzPredict.
Stox is a new-age prediction markets platform that leverages the wisdom of the crowd. For more updates and future announcements, be sure to follow Stox on Twitter and Telegram.
This article appeared first on Cryptovest
