# StormX Establishes Strategic Partnership WithZenCash Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2017-09-23 Category: NEWS Category URL: https://financedigest.com/category/news Meta Title: StormX Partners with ZenCash in Seed Round Victory Meta Description: Partnered with ZenCash, the privacy coin, users of Storm Play app can now earn ZenCash while completing tasks. Join the Storm Market platform today! URL: https://financedigest.com/stormx-establishes-strategic-partnership-withzencashhtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd230917-11-1736843448087-compressed.jpg) _StormX, Inc. has closed its seed round of financing_ StormX, Inc., the blockchainad tech and micro-task company previously known as CakeCodes, has today partnered with ZenCash, the privacy coin for borderless decentralized communications and transactions. Announced at the Nexus Earth Conference in Aspen, Colorado, users of Storm Play app (being rebranded and is formerly known as BitMaker), which offers rewards for everyday tasks in the form of cryptocurrency, will be able to [earn the most advanced token focused](https://www.financedigest.com/european-shares-rebound-with-focus-on-italian-politics-earnings.html "European shares rebound with focus on Italian politics, earnings") on privacy — ZenCash — while using the platform. In a separate announcement, StormX announced the close of a private seed round of financing. StormX CEO Simon Yu said: “We are proud to partner with ZenCash, whose mission is fully compatible with our values and goals as a consumer-oriented platform. ZenCash’s focus on privacy and [advanced security makes it a seamless partner](https://www.financedigest.com/gumgum-and-jw-player-partner-to-integrate-viewability-and-advanced-contextual-capabilities.html "GumGum and JW Player Partner to Integrate Viewability and Advanced Contextual Capabilities") for the Storm Play platform, which aims to bring cryptocurrency to the mainstream. By incorporating ZenCash into Storm Play, we are providing our users with the [opportunity](https://www.financedigest.com/uv-disinfection-equipment-market-opportunities-demand-and-revenue-forecast-2025-tmr-study.html "UV Disinfection Equipment Market Opportunities, Demand and Revenue Forecast 2025 – TMR Study") to earn one of the most innovative and trusted cryptocurrencies on the market.” Storm Play, formerly known as Bitmaker, is [part of the Storm Market](https://www.financedigest.com/the-automotive-aluminum-extruded-parts-market-to-climb-upwards-through-innovation-at-a-cagr-of-5-8-between-2021-and-2031.html "The Automotive Aluminum Extruded Parts Market to climb upwards through innovation at a CAGR of 5.8% between 2021 and 2031") platform, which creates earning opportunities for people worldwide by utilizing blockchain technology. [Storm Market](https://www.financedigest.com/the-perfect-storm-of-growth-and-success-for-the-restech-market.html "The Perfect Storm of Growth and Success for the ResTech Market") allows members to find new ways to earn, engage and advance with the platform’s gamified micro-task system and receive STORM tokens. The Storm Play application of the platform, which [currently has 250,000 monthly active](https://www.financedigest.com/automotive-active-safety-system-market-2015-scope-of-current-and-future-industry-2025.html "Automotive Active Safety System Market 2015 | Scope of Current and Future Industry 2025") users in 187 countries, is an advertising marketplace that allows users to earn cryptocurrency, including ZenCash, by watching videos and testing new products and services. The Storm [Market platform also will include](https://www.financedigest.com/title-interventional-pulmonology-market-shows-huge-demand-and-future-scope-including-top-players-2031.html "Interventional Pulmonology Market Shows Huge Demand and Future Scope Including Top Players 2031") two new categories: Storm Shop, a category that allows shoppers to earn cryptocurrency rewards for everyday purchases, and Storm Gigs, which leverages the gig economy by rewarding users with cryptocurrency for completing specific tasks such as QA Testing and Machine Learning tasks. After each assignment is successfully completed in a Storm [Market application](https://www.financedigest.com/infant-positioning-aids-market-application-trends-growth-opportunities-and-worldwide-forecast-to-2027.html "Infant Positioning Aids Market Application, Trends, Growth, Opportunities and Worldwide Forecast to 2027"), users will automatically receive STORM tokens for their services via an Ethereum smart contract. The STORM token can be used within Storm [Market to pay for services](https://www.financedigest.com/constructive-digitization-to-let-the-remote-patient-monitoring-services-market-come-of-age.html "Constructive digitization to let the Remote Patient Monitoring Services Market come of age") from the platform. In addition, once members earn STORM tokens, they will be able to list their own micro-tasks for others to complete. ZenCash Co-Founder Rob Viglione said: “This furthers our usability mandate to make ZenCash one of the most utilitarian privacy coins on the market. The ability to integrate into a gaming community of more than 250,000 users will provide a medium of [exchange for internal markets](https://www.financedigest.com/the-health-information-exchange-market-to-grow-on-a-satisfactory-note.html "The Health Information Exchange Market to grow on a satisfactory note"), gaming rewards, or incentive marketing campaigns. This in turn will serve as a [major driver](https://www.financedigest.com/refurbished-medical-imaging-equipment-market-comprehensive-study-with-key-trends-major-drivers-and-challenges-2018-2026.html "Refurbished Medical Imaging Equipment Market: Comprehensive Study with Key Trends, Major Drivers and Challenges 2018-2026") in expanding the utility of our network.” StormX has also [closed its seed round of financing from notable advisors and investors](https://www.financedigest.com/why-investors-are-looking-closely-at-transport-and-logistics.html "Why investors are looking closely at transport and logistics") like Liam Robertson of Alphabits.fund. The Storm Token whitepaper is available at https://stormtoken.com/. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---