Your Data Revolution Starts with Repux (ICO Live)
A paradigm shift in the way data is collected, shared and sold is in its infancy. With the recent security breach at Equifax (143 million individuals private data) and the so-called "breach of trust" by Facebook it is evident that users need to take control of their data.
Data is driving big business, machine learning and AI are quickly creeping into the data analysis ecosystem. Large corporations offering "free" services are collecting huge banks of data on users that include their location, friends, habits, purchases and even political views. These corporations are then selling that data to 3rd party groups like Facebook did with over 50 million profiles. Businesses like Google can use the data they collect to base advertising fees on. All the while the consumer, from which the data is born, receives nothing.
Repux to the Rescue
The Repux logic layer will connect the data with the exchange, allowing buyers to match up with providers. The value layer will allow the connected parties to then exchange the data and make payments via a completely trustless smart contract-based system.
In this system, users will control their own data and will be rewarded for sharing it.
In addition to this Repux will allow 3rd party developers to build applications on top of the framework. This ability will allow 3rd parties to create data analysis tools for individuals and businesses that include forecasting, trend analysis and even AI models and machine learning.
Repux has what it takes
To get a piece of the data analytics pie. The data and data analysis market is predicted to grow to $203 billion by 2020. By targeting small and midsize enterprises as well as individual users Repux will find a way to capture a piece of this market.
Besides the big data market, Repux is positioning itself to effectively function in additional financial ecosystems including advertising, medical records, microloans, credit scoring, and archival databases. All of this is made possible because Repux is a protocol meant to be built on by any 3rd party.
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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It should be a good project. But still I like the Tokengo project more. But in my opinion he has more functions and possibilities. Although I can be wrong.
There are many projects being built that will entertain this niche. It's difficult to pick a winner but luckily the market is so huge that more than one can be successful.