Stox Becomes the Highest Ranked App on State of the ÐApps

Prediction markets platform Stox is currently the most popular dApp, according to its daily active users (DAU), on State of the ÐApps.

They are currently listed as having 2,020 active users over the past 24 hours, as of 12.00 CEST. State of the ÐApps ranks 1,959 of the most popular decentralised apps.

Stox’s high-profile ICO in August 2017 raised $33 million (148,000 ETH) in 34 hours. It has grown by an average of 550 users per day, according to a company statement. Yossi Peretz, CEO of Stox, mentioned that he was:

“delighted with this significant milestone of becoming the most popular dApp in world.”

 
Stox is an open source, Ethereum-based prediction markets platform, where users can place predictions on the biggest events in the world of finance, sports, politics and more.

Combining the wisdom of the crowd with their own individual skills and knowledge, users are rewarded for their insight.

There has been a significant growth in the usage of dApps, due to its benefits of connecting users and developers directly without the need for a centralised authority to host and manage the code and user data.

Mr Peretz added:

“With a community of over 200,000 users, we are proving that there is a demand for high-quality predictions globally. Since our ICO, we have delivered on our promises, and are excited about what we have upcoming in the future.”

The achievement for Stox has reflected in online engagement, on platforms such as Telegram, according to the company.

To view the full rankings, visit: https://www.stateofthedapps.com/rankings