ICO REPUX  -  DECENTRALIZED DATA MARKETPLACE

in #ico6 years ago



WHY USE REPUX?
Data, it is the lifeblood of any company and while may you have access to turn off it without know-how. You can’t turn it into anything useful. It just sits there gathering dust. Meanwhile developers who can create amazing applycations with data don’t access to any. We bucks solves these problems. Three bucks is a decentralized blockchain protocol that allow enterprise companies to sell their data to developers for tokens. Developers can then create custumized applycations to sell back to the enterprise companies for token. The tokens are the form of cryptocurrency and can be used to purchase a wide range of customized solutions such as inventory management, accounting, supply chain lending, bussiness intelligence and more. To help enterprise improve business process. So, big data can finally reach its full potential. RepuX is a growing business and has distribution agreement signed with developers who have accsess to millions of SMEs in china

HOW IT WORK?


An API will enable these marketplaces to be developed by 3rd parties to suit their specific niche. By conducting value and data transfers directly between peers in the protocol, RepuX allows the creation of various B2B (business to business) data sharing possibilities for excess user and corporate aggregate data, that does not exist in the current market. This direct and rapid value transfer through the RepuX token will eliminate the need for middlemen and intermediaries across multiple industries. With machine learning, big data and AI becoming more reliant on large-scale aggregate data, RepuX is well poised to take advantage of this and drive innovation in these respective fields.
By optionally allocating a reputation behind each entity and each transaction, and verified by an oracle system, we can ensure an integrity within the protocol and allow actors greater confidence in not only the presence but also quality of the data they are purchasing. With the RepuX, we hope to bring back value to user data.

TOKEN STRUCTURE


Presale: 17th of November 2017 / 2pm UTC to 5th of March 2018 / 2pm UTC
Token Sale: 6th of March 2018 / 5pm UTC to 5th of April 2018 / 5pm UTC
This Token Structure is based on a presale of 100,000,000 REPUX. This presale amount may be subjected to change due to demand and the token structure will be finalized at the end of the presale. Please look here for any changes:

Token distribution:
– 20%Presale
– 30%Sold during Token Sale
– 10%Rewards Pool
– 23%Sold on the platform
– 12%Founding Team
– 3%Ambassadors
– 2%Token Sale bounties

Use of proceeds:
– 40%Development
– 25%Marketing
– 20%Partnerships
– 15%Operations

Role of Token: Enable trade of data and decentralized applications between companies and developers

Supply: 500,000,000 REPUX
Price: 1 REPUX = 0,20 USD
Hardcap: 33,100,000 USD
Softcap: 1,000,000 USD
AcceptedCurrencies: ETH, BTC and Wire Transfer

DISCOUNT RATES


Unsold tokens from previous rounds will be moved into the next round. The token sale will automatically go to the next round when tokens are sold out in the prior round.

ROADMAP

They have completed the specification of the RepuX Protocol level framework upon which various types of individual and entity data can be monetized and exchanged between different parties. They will be using our own Ethereum smart contracts and RepuX Token distribution web interface for our Token Sale planned for February of 2018.

TEAM

The core RepuX team is composed of veteran developers and Big data professionals who’ve all been trading cryptocurrencies as hobbyists for years. Here are some typical members:




CONCLUSION
Repux is a very promising and worthwhile investment. Repux received a very positive feedback from professional community and high rating from rating agencies. The team consists of people with long experience of blockchain and project development. The RepuX Protocol provides the opportunity to data producers to create value in their data through facilitating the provision of this data to users in multiple industries, while eliminating the need for intermediaries in this process. Join now for great experiences!

USEFULL LINKS

Website: https://repux.io
Bitcoin talk:https://bitcointalk.org/index.php?topic=2613666.new#new
Whitepaper: https://repux.io/white-paper.html

Author:

Bitcoin talk user name: kld_hp
https://bitcointalk.org/index.php?action=profile;u=1014734

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