REPUX Decentralized Data Marketplace Project
RepuX is a convention level structure whereupon different kinds of changeless information can be commoditised and traded between various corporate and individual client parties.Combining numerous forefront decentralized innovations, for example, IPFS, Sia and Ethereum/EOS, alongside a conceivable move up to a custom high-throughput blockchain.By making and taking into consideration esteem and information exchanges straightforwardly between peers using the convention, RepuX takes into consideration the creation information sharing potential outcomes for individual and corporate client and total information, which don’t exist in the current marketplace.This immediate and quick esteem exchange through the REPUX token will take into consideration the production of significant worth for information designers, including people and in this way kill the requirement for go betweens and go-betweens over various industries.
The details of the Repux ICO
Repux’s offering began on November 17. This pre-sale will last until January 23rd and the RPX token will be offered at $0.10 per unit. Analysts believe this is the best moment to get in bed with them because of the low cost of participation.The official token sale will be offered by February 6th of 2018, and it will last until March 9th of the same year. The token will be offered with a price increase of $0.14. The price hike might not seem like much but is still enough to take notice.Repux is offering 100 million RPX tokens for sale and the distribution is pretty clear and cut:
• 20% of the tokens will be offered in the pre-sale
• 30% will be offered in the ICO sale
• 10% will go towards a 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 (give or take, depending on the reception of the initiative in the market)
How it works
It is easy as 123. You as a business owner sell your data, of course anonymized and protected, for this data you get repux tokens. Next step is developers buy this data to train machines and sell back intelligent applications for better business solutions.In easy words it is win-win situation, business sells data, developers are happy to get data and train machines. All this data goes via Repuxprotocol, so it will be safe for both sides. And developers can sell applications and algorithms back to business, so business can improve.
RepuX Technical Dokuman (White Paper)
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