REPUX :Decentralizing the Data Marketplace

Maret 03, 2018

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.Combining multiple cutting edge decentralised technologies such as IPFS, Sia and Ethereum/EOS, along with a possible upgrade to a custom high-throughput blockchain.By creating and allowing for value and data transfers directly between peers utilising the protocol, RepuX allows for the creation data sharing possibilities for individual and corporate user and aggregate data, which do not exist in the current marketplace.This direct and rapid value transfer through the REPUX token will allow for the creation of value for data creators, including individuals and thereby eliminate the need for middlemen and intermediaries across multiple industries.Visit to Official website https://repux.io/

Repux is a marketplace that lets small and medium businesses sell anonymized data to developers.How it works :

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 exchange on the marketplace and the ONLY way to transact.

Our vison is to create a protocol which facilitates the monetization of data through efficient transfers between collectors, developers and users that will also allow the evaluation of data reliability and reputation over time. Through our RepuX Protocol, data collectors could transfer data to data users or to application developers in exchange for RepuX Tokens. Developers could build upon the RepuX Protocol, and use data transferred by collectors to generate products and services which could then be transferred to end users in various industries, in exchange for RepuX Tokens.With the RepuX Protocol, we hope to bring additional value to data.

RepuX Goals and Objectives
We anticipate that data monetization will become a major source of revenue for individuals and entities in the future. It is estimated that the world will create 180 zettabytes of data (or 180 trillion gigabytes) in 2025, up from less than 10 zettabytes in 2015.

Our goals and objectives for the RepuX Protocol are as follows:
1.To develop a high throughput system whereby data can be monetized directly between collectors, developers and users;
2.To build a secure reputation infrastructure within RepuX Token transactions that allows users to apply a semi-permanent record in a mutual transaction;
3.To develop easy-to-use application programming interfaces (or APIs) that enable third-party developers to build upon our RepuX Protocol to create a variety of different applications;
4.To maintain scalability and speed as high priorities during RepuX Protocol design and development; and
5.To integrate the RepuX Protocol with existing blockchain technology while building custom solutions in certain cases.
In summary, our ultimate goal is to build a secure, reliable, high-performance data transfer protocol that can be integrated with a wide variety of different applications developed by third parties for use by a number of different industries.

Presale
17th November 2017 / 2pm UTC to 23rd January 2018 / 2pm UTC
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.
Standar 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
Supported wallets for the Token Sale include MyEtherWallet, Mist-Ethereum Wallet, Metamask, Parity, imToken, Ledger, Trezor, and others.