Crypto Food Chain - How RepuX Fits in
The cryptocurrency ecosystem is composed of three main types of project blockchains, protocols and DApps. One is not necessarily better than the other but each offers many different benefits.
The Crypto Food Chain
DApps are on the bottom of the food chain, they can only "eat" one type of food so their reach is limited. A good example is a data DApp that only allows users to buy and sell data. Each DApp has a narrow focus but if it gains successful market penetration it has the potential to be a huge hit.
Protocols are the omnivores which eat both plants and animals. The benefit of being an omnivore is that when they are eating animals they are also acquiring the benefits of the plants that their prey ate. Protocols allow DApps to be built upon them which mitigates the risk of failure by having many different DApps present in their ecosystem. A data protocol will provide the framework for data DApps to build upon. Now, instead of relying on only one DApp for success a protocol can bet on one of many succeeding. Protocols also have the benefit of linking multiple blockchains, not relying on one specific chain to succeed.
Blockchains are the carnivores. They get all the benefits of DApps and protocols. Some blockchains are purpose-built for one type of sector (e.g. Merculet, Chainium) but others would allow protocols and DApps from multiple niches to use their blockchain. Establishing a user base for a blockchain is difficult but success is highly valuable.
Protocols are the Best of Both Worlds
Protocols are a great midway point between DApps and Blockchains. The value of not being tied to a specific blockchain is huge and the ability to operate many different DApps is a great mitigator risk.
Repux is data protocol framework that will utilize all of these benefits. The Repux protocol will allow users to upload, sell and buy data from the start but the protocol will allow 3rd party developers and businesses to build customized applications for the use and analysis of this data.
By offering a protocol framework Repux is positioning itself to benefit from numerous applications rather than just one. The third-party developers will be able to use REPUX tokens to build as many DApps as they require which ultimately benefits the Repux ecosystem.
Repux is targeting small and midsize enterprises which normally do not have large sums of extra revenue to spend on development and analysis. Having a protocol that is open to app development will allow these businesses to enjoy the benefits of data analytics without having to pay their own developers.
Although you may think that blockchains are always the best, protocols are a great way to receive some of the benefits of DApps and Blockchains rolled into one.
The Vitals
📅ICO Date: Open Now
📈Token Ticker: REPUX
💵Current Token Price: $0.20
🆔KYC: Yes
Total Supply: 500 million at TGE.
Amount for Sale: 50% total
Discounts: Presale - 50% max in Private. 30% max in Crowdsale.
Token Type: ERC20.
Repux || Whitepaper || Telegram || ANN Thread ||Bounty
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