Data has very high value in the present digital economy. Also  Companies  are willing to pay money for availability of data, so they can increase the accuracy of their  target ads in the most economical technique, product improvement to target and business expansion, but there are many problems when collecting of massive data,

 1. Its very time consuming process. 

2.  Small and medium companies doesn’t have  access to the huge data as large cooperation’s 

3. Modern digital economy doesn’t have safe and efficient mechanism for monetizing data exchange. 

4. Many users don't feel happy about companies collecting and storing their privet data.

This is where Repux come in to play  

What is Repux 

 It allows users to to monetize their data using decentralized platform. The new platform will work by letting users to send their data to those who wish to buy it including developers. For that user will then get rewarded with Repux tokens.
They are planning capitalize on machine learning, data and AI. Team behind this platform believe that by combining a decentralized data market with AI they'll be able to help to advance the technology quicker. in a nutshell RepuX encourages small and medium companies  to stake data with market developers through rewards  based on using RepuX tokens. Developers and other stakeholders can depend on the accuracy  of the data sets in RepuX platform, as reputation assessments are determined by data buyers. 

                                                      

 RepuX Foundation strength 

• RepuX Foundation has technical team that area  really in love with the blockchain and highly qualified for the job.
• They  also have a strong legal and financial support to resolve problems fast with ideal solutions.
•  Team also equipped with  passionate ,experienced and highly skilled  programmers with solid company backgrounds that provides team with a unique chance  in creating solid product and capture a big part of data marketplaces’ traffic.  

ICO Details

• ICO Date: March 2018
• Symbol :  RPX
• Price: $0.2, discounts are      available.
• Type of token: ERC20
• Total      Supply : 100      million

Repux is offering 100 million RPX tokens for sale and the distribution is pretty clear and cut:

 • 20% of the tokens - pre-sale
• 30% will be ICO sale
• 10% will go to rewards pool
• 12% will be kept by the founding team with three years vesting date
• 5% are going to ambassadors of the ICO
• The remaining 23% of the tokens will be sold through the platform in a crowded sale at a price range of $20 a piece    

Roadmap

                                    

Conclusion

The project has the most motivated and effect real world usage for an ICO that include a working prototype that I've seen recently. However with its reward concept they are able to purchase data cheaply by rewarding ordinary people without making large companies more rich.so this will quickly become very competitive in the market. The integration of AI and  machine learning market is estimated to grow very quickly and data is where the majority of their budget is going.The team behind the project looks very positive and motivated  with their impressive White Paper.

 Website: https://repux.io 

White Paper: https://repux.io/white-paper.html 

ANN: https://bitcointalk.org/index.php?topic=2613666.new 

Telegram: https://t.me/repuxicoEN 

BY chamika888

Author: https://bitcointalk.org/index.php?action=profile;u=1261329