What is Repux?
Repux is a protocol level framework upon which various types of immutable data can be commoditised and exchanged between different corporate and individual user parties. Repux is a marketplace that allows small and medium-sized businesses to sell anonymized data to developers. The RepuX protocol combines several decentralized technologies such as InterPlanetary File System (or IPFS) 2, Sia3, Ethereum4, EOS5, and allows to upgrade to a custom high-throughput blockchain. By facilitating the transfer of data and value between peers, the RepuX protocol creates data exchange capabilities among data collectors, application developers, and data users that do not exist in the current marketplace. RepuX protocol allows to generate data to create value in their data by facilitating the provision of this data to users in more industries.
Repux is a marketplace that lets small and medium businesses sell anonymized data to developers:
Businesses sell anonymized data and earn Repux tokens
Developers buy the data to train Machine Learning algorithms
Developers then re-sell their intelligent applications back to enterprises, for better business decision
The Repux token is the medium of trade on the marketplace and the ONLY method to transact.
Goals and Objectives
---Develop a broadband system where data can be directly monetized between the collector, the developer and the user;
---Establish a secure reputation infrastructure in a RepuX Token transaction that allows users to apply semi-permanent records in joint transactions;
---To develop an easy-to-use application programming interface (API) that allows third-party developers to build the RepuX protocol to create a variety of different applications;
---Maintain scalability and speed as a high priority during the design and development of the RepuX protocol; and
---Integrate the RepuX protocol with existing blockchain technology while building custom solutions in specific cases.
In short, our main goal is to build a secure and reliable data transfer protocol that can be integrated with different applications developed by third parties for use by a number of different industries.
RepuX Protocol System Processing
With the improvement of our protocol, it will be prepared to construct counterfeit consciousness in light of extensive scale information. Every substance and information in the system can be assessed with the goal that the Oracle system guarantees the trustworthiness of the protocol so the information clients can make certain of the substance and nature of information they purchase.
Token
Repux token sale will run over a 31-day period starting from the 6th of February 2018 until 9th of March 2018.The rounds will continue until the cap of 33,1 mln USD is hit or the final round expires.During the Token Sale REPUX can be purchased in exchange for ETH, BTC or Wire Transfer, with minimum 100 USD contribution (or equivalent of 100 USD in BTC or ETH). During the Pre-Sale, the minimum contribution is 30,000 USD.
Standard Token : ERC20
Token Supply : 500,000,000 REPUX
Price Token Sale : 0.20 US Dollar for 1 REPUX.
Token Sale ends in 9th of March 2018
Starting date : 6th of February 2018 / 5pm UTC
Ending date : 9th Mar 2018 / 5pm UTC
Hard cap : 33,100,000 USD
Soft cap : 1,000,000 USD
Payment accept ETH,BTC,XBT and USD via Wire transfer
Roadmap
More Info
Website: https://repux.io/
Telegram: https://web.telegram.org/#/im?p= @repuxicoEN
Bitcointalk: https://bitcointalk.org/index.php?topic=2646302.0
White Paper: https://repux.io/white-paper.html
Announcement THREAD: https://bitcointalk.org/index.php?topic=2613666.new
Author: Johnabajo
My Profile link:https://bitcointalk.org/index.php?action=profile;u=1558264
Eth Address: 0x13f02ba6acdea755c5ec725232908af5329882c6