Stox, a blockchain prediction market app has announced a partnership with Menlo One to promote their ICO launch. Menlo One is a framework for building decentralized applications with the speed of a traditional web app. Their decentralized database and proof-of-reputation incentive system is the infrastructure that enables the Web 3.0 generation of marketplaces, social media platforms, and future apps to be as fast and performant as their predecessors.
Menlo One features a “smart wallet” functioning as the first cross-chain interoperable wallet designed specifically for token sales, Daaps, and other token-based web apps. It supports ERC20 and is forward compatible for Stellar, EOS, and others. It can be set to send funds to a token sale the moment it starts, sign transactions without constantly alerting the user, manage locally encrypted KYC/AML information, and much more.
Designed for a Reputable Blockchain
The Menlo Token (MET) rewards users and data nodes for their attention and data availability. A proof of reputation algorithm sizes rewards relative to the reputation based on providing value to the community in a token curated registry. By having data stored on a distributed and byzantine fault-tolerant public blockchain (Ethereum or others), but cached on an array of autonomous content nodes, Menlo One can be both fast and reliable despite being decentralized.
With no single point of failure, they can deliver blockchain data with the speed of a traditional web host. Menlo One is focused on making the token sale experience as safe and easy as shopping on Amazon.
[perfectpullquote align=”full” bordertop=”false” cite=”Matthew Nolan, Founder & CEO of Menlo One” link=”” color=”” class=”” size=””]”’We are glad to be listed on the Stox platform and are excited to see the results in real-time data and also in a new community of token holders that will be generated by our partnership. We think Stox is a cool way to advance our ICO to the highest possible levels and we look forward to welcoming our new community to the next phase of the token economy.”[/perfectpullquote]
[perfectpullquote align=”full” bordertop=”false” cite=”Yossi Peretz, CEO of Stox” link=”” color=”” class=”” size=””]“Our Sponsored Predictions Category for ICO’s is rapidly growing, and we’re excited to partner with Menlo One. As Stox is interested in security and making the blockchain a safe and reputable place, we believe Menlo One is a great partner. We wish them success on their ICO and continued project work.”[/perfectpullquote]