The Real Worth of Repux

VRIO Analysis

Repux is a decentralized blockchain protocol that adds value to data by creating a platform where corporate and user data can be traded between different parties.

In this article I will be using the value analysis to analyze Repux project to ascertain whether Repux adds value and whether the value added is sustainable.

VRIO is an acronym for Value, Rarity, imitability, and organization.

Photo by  QuinceMedia 

Value

According to Oxford dictionary, value is the quality that makes something desirable. A project can be deemed valuable if it looks to exploit an opportunity or solves a real problem.

The demand for data in this present age and time is extremely high as it is the bases of efficiency and innovation in every industry. Companies are more than willing to pay millions of dollars for data if they find it useful. Repux being a platform where data can be traded makes Repux not only useful but also valuable to millions of people.

Repux not only exploit the opportunities available with data, it also creates efficiency in AI (Artificial Intelligence). Repux is created to solve the problem of data collection and utility faced by many SMEs and developers in different industries. 

So long as the application of data remains limitless in the world, Repux will remain valuable.

Rarity:

Rarity is the resources or qualities a project has that give it a competitive advantage. There are large corporate entities that specific in collection, usage and distribution of data, but what gives Repux a competitive advantage over this entities is the use of blockchain. Blockchain technology is a decentralized system where every single data/transaction is recorded on a decentralized public ledger. Unlike the internet it is not under any jurisdiction. Blockchain technology has made it easy to provide solution to a lot of problems.

Not every jack and harry can utilize the blockchain technology to maximum effect. Repux team contains some experts in blockchain technology who make it easy to utilize blockchain in its operations. Blockchain technology gives Repux a competitive advantage over other corporate entities that offers the same services.

Imitability:

One of the major threats posed to a project is how easy or hard it is for copy cats to reproduce it key features. Repux is setting large milestones for it potential competitors to accomplish before they can reach it standard. Repux faces minimum threat from copy cats because of some technicalities that cannot just be copied by any programmer or Blockchain developer.

The Repux platform took a lot of foresight and innovation to create and will be difficult to imitate.

Present companies offering data services do not pose any threat to Repux rather they will see Repux as a platform where they can obtain more data.

Organization:

“If everyone is moving forward together, then success takes care of itself.” – Henry Ford.

The power of a team is very essential in determining how successful a project will be. The success of a project depends on the ability of the team to effectively manage it resources and progress. Repux has a team of experts and experienced members in different fields like programming, blockchain, finance etc. who are dedicated and committed to a particular goal. The Repux team filled with all-stars and they are really capable of making this project a hit.

OFFICIAL CONTACTS

Website: https://repux.io/ 

Ann: https://bitcointalk.org/index.php?topic=2613666.0 

Telegram group: https://t.me/repuxicoEN 

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

Facebook: https://www.facebook.com/RepuX-415260768888793/ 

Chat me up on My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1633818