You Asked, We Answered #AskStox Part 2

Stox Blocked Unblock Follow Following Sep 25, 2017

Today we’re going to drill down with answers to more of your questions. Many of the questions were similar in nature so again we have broken them down into sections and are starting off with the question on many minds.

Exchanges

What are we doing to get the Stox token on exchanges?

We have submitted requests to be listed on a number of exchanges and are approaching more in accordance to our legal advisors and legal framework.

We are unable to comment or speculate about when the Stox token may be added to exchanges as only the exchanges themselves can control this.

We believe that having an engaged community increases our chances to be listed quickly of being listed quickly. Of course we welcome you to share your thoughts and concerns with us if you have them, however remember that representatives from the exchanges may be in our community (as may our competitors!).

And why are we silent on this subject?

Legally we cannot name individual exchanges, it is not that we don’t want to, we are just not allowed.

This is why we remain largely silent on this subject, we do not want to do or say anything that could hamper this in any way.

Bancor

Independently of exchanges we are proceeding with Bancor. There is no dependency between the Bancor contract and being added to exchanges.

When will the smart token be released for Stox on the Bancor protocol network?

It looks likely that the token will be released on the Bancor protocol network soon. Just yesterday Moshe met the guys from Bancor to work on final details.

We will be able to report on the following questions as well as expand on our relationship with Bancor at a later stage when, we will have finalized details.

· When will the Stox team plan to purchase its reserve of Bancor tokens?

· At what price will the STX/BNT smart contract start? Does STX performance determine the reserve amount that Stox is required to buy?

Marketing

We have a strong team of marketing experts behind Stox who helped us spread the word about the token sale and are accompanying us through the next stages of the Stox project.

Was Mayweather paid for his promotion?

Celebrity endorsements are a great way to increase brand awareness and Floyd Mayweather was excited when he heard about Stox and agreed to promote it. Our policy does not allow us to disclose details.

Are you going to devcon3?

We have been invited to or are aware of a large number of exciting industry events and are choosing which ones are most suitable for us to sponsor or attend.

We’ll let you know where and when you can meet the team.

How will the team promote Stox?

We are creating a robust marketing and promotions strategy and plan.

We don’t think that sharing details of the plan is a great idea so I’m afraid you will need to wait and see.

Why don’t you user real event PR?

This is something we will do when the real platform is up and running, it’s a bit too early now.

What are you doing to improve community communication and growth? Why don’t you appear on more channels?

Open and transparent communications are important to us, and we touched on this yesterday.

As we grow our team we increase our capabilities and this will include appearing on more channels.

When will rewards for forecasting be sent to Wings foundation?

This is up to Wings.

And that’s it for today. Tomorrow will be our final #AskStox answers which will focus on product and your miscellaneous questions.

See you then!