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Author Topic: [ANN][ICO] RepuX: Marketplace for Data, Pre Sale is OPEN, SALE STARTS 6th Feb  (Read 244 times)
RepuX
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December 11, 2017, 03:25:04 PM
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REPUX
Decentralized Data & Applications Protocol For SMEs

 
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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.

Combining multiple cutting edge decentralized 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 RPX 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.

SMEs have terabytes of data locked up in their database and they lack the resources and skill sets
to utilise this data to improve their business operations.

This is where Developers can help. Developers can take this data to create decentralized applications,
algorithms and prediction analytics to sell back to SMEs , creating a sustainable ecosystem.




The Problem
 
Data is gold in the current digital economy. Businesses large and small depend
on access to data in order to target customers, improve product,
and grow business, but collecting massive data sets takes time.
Furthermore, small and medium enterprises (SMEs) do not have access
to the same gigantic data pools as Amazon, Google, and Facebook.
On the other hand, SMEs often maintain smaller, more specialized data sets
 that would be immensely useful to developers and other enterprises,
but the current digital economy lacks a secure and effective mechanism
for monetizing data exchanges.




The Solution
 
RepuX incentivizes SMEs to share data with developers by
rewarding them with RepuX tokens.
Developers and other interested parties can trust the quality
of data sets on the RepuX platform because reputation scores
are determined by data purchasers.




How it works?
By optionally allocating a reputation behind each entity and each transaction,
and verified by an oracle system, we can ensure an integrity within the protocol
and allow actors greater confidence in not only the presence but also quality
of the data, they are purchasing. With the RepuX, we hope to bring back value to user data.




Developers would be able to purchase and receive access
 to company data securely in real time to create decentralised applications .
This would be available in API across similar company and data types.
They can preview the data, subscribe to it and even choose specific companies or across the industry.
Afterwards, their applications, algorithms can then be listed with RepuX and sold back to companies
with RepuX Tokens. Data access will have different permissions associated
with it and developers/companies can develop a reputation
over a period of transactions to safeguard the community.

 
 
 
 
What is a RepuX Token (“REPUX”)?
REPUX is a cryptographic token used on the RepuX platform, a decentralized
enterprise data and applications platform. REPUX is used to purchase data
and applications from different parties.




What is the total token supply of REPUX ?
The total supply is 500,000,000 REPUX.

 
 
What is the price of one REPUX?
The price of one REPUX is US$0.20 equivalence in Ether (“ETH”).
A fixed exchange rate between REPUX and ETH will be set before the Token Sale launches.

 
 
 
Discount Rates
 
PRESALE          Price 0.10$(50%)           100,000,000 REPUX
6th Feb            Price 0.14$(30%)            75,000,000 REPUX
13th Feb          Price 0.15$(25%)            15,000,000 REPUX
18th Feb          Price 0.16$(20%)            15,000,000 REPUX
24th Feb          Price 0.17$(15%)            15,000,000 REPUX
2nd Mar           Price 0.18$(10%)            30,000,000 REPUX



 
 
Token distribution
 
      Presale (20%)

Sold during ICO (30%)

Ambassadors (3%)

Founding Team (12%)

Sold on the platform (23%)

ICO bounties (2%)

Rewards Pool (10%)

 
 
 
 
 
PRE-SALE

Start 17th November 2017 / 2pm UTC
End 23th January 2018 / 2pm UTC

During the Pre-Sale, the minimum contribution is 30 000 USD.

 
TOKEN SALE
Start 6th of February 2018 / 5pm UTC
End 9th of March 2018 / 5pm UTC

The Token Sale will run over a 31-day period starting from the 6th of February 2018 until the with discounts attached to all of the rounds.
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 USD (via Wiretransfer)
with minimum 100 USD contribution (or equivalent of 100 USD in BTC or ETH).



News about RepuX
In an exciting development, WorkHQ has signed a deal with RepuX which could potentially grant the RepuX platform access to millions of SMEs in China.
WorkHQ is a China-based inventory software that is used by SMEs to manage sales and purchase orders across Amazon, Taobao, and Tmall.
In signing the 5-year contract with RepuX, WorkHQ is providing SMEs using its software with the option to earn RepuX tokens for selling their data.

Here is a link to the announcement: http://www.newsbtc.com/2017/12/07/workhq-repux-contract/




We will never post the token address to anywhere other than the official Token Sale website.
 Never send ETH, BTC or USD to any address you haven’t first verified the owner of.
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