It's estimated that 2.7 Zetabytes of data exist in the digital world today. That astonishing amount is growing at ever faster rates thanks to trends like machine learning, AI, Big Data and IOT.
At the same time there is an increasing “data gap”. This is creating a divide between those who have easy access to data sets created from technologies like machine learning and those who don’t.
RepuX is an innovative new protocol framework which wants to help bridge that divide.
RepuX in a nutshell
Using the RepuX Protocol framework you can take immutable data (data which can’t be changed) and then commodize it.
Once commoditised the data can be exchanged among corporates, individuals, users and developers.
What RepuX wants to achieve
Repux aims to create a high throughput system in which data will be able to be monetised. Repux also plans to develop application programming interfaces (API) which will enable third party developers to build on the RepuX Protocol to create different applications. In this way they intend to help the Repux scale and reach a wider user base.
An overview of the RepuX Token Sale
In order to fund the development of the RepuX protocol network Repux Limited is running a token sale.
During this token sale 500 million RepuX tokens will be created.
The RepuX token is an ERC20 token. It will serve as the sole way to pay for data services on the RepuX protocol.
To buy RepuX tokens payment must be made by transferring ETH. In addition buyers will need to provide information to demonstrate that they are an accredited investor.
Read more:
Repux website: https://repux.io
Repux white paper: https://repux.io/white-paper.html
Repus Telegram: https://t.me/repuxicoEN
Repux Bitcointalk Ann: https://bitcointalk.org/index.php?topic=2613666.new
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