StormX

StormX operates a digital platform that provides cryptocurrency cashback rewards for online shopping, combining blockchain technology with traditional cashback mechanisms to enable users to earn crypto while purchasing from over 1,000 partner stores. The platform is available via iOS and Android apps and a Chrome browser extension, allowing users to activate rewards before checkout at participating retailers and earn crypto cashback ranging from 0.5% to over 87.5% depending on their StormX Reward level. Once users accumulate $10 or more in rewards, they can withdraw earnings to their crypto wallet. StormX also offers a referral program where users earn 10% of their referrals' shopping and staking base rewards permanently, along with staking, token memberships, and governance features. The platform partners with major online retailers across e-commerce, fashion, electronics, travel, and other categories. Note: StormX, Inc. has filed a voluntary petition for bankruptcy protection under Chapter 7 of the U.S. Bankruptcy Code. Founded in 2014 and headquartered in Seattle, United States, the company raised approximately $15 million at the Series A stage from investors including PayPal, Plug and Play Tech Center, Optimista Capital, RR2 Capital, and 9Mile Labs.

Cryptocurrencies > Financial Services > Payments > Consumer Payments > Online Shopping > Cashback