Repux is a special protocol-level system that uses block-chain technology for techniques between fixed data of various types, different institutional structures, and individual users, and to change them if necessary.
How it works:
Businesses sell anonymous data and get Refux ink
Developers buy data for training machine learning algorithms
Developers then resell their smart apps back to the company for better business solutions.
Technology
APIs will enable these trading platforms developed by third parties according to their specific niche. By transferring values and data directly between coworkers in the protocol, RepuX lets you make the possibility to exchange data between B2B (business) for users and excessive corporate aggregates that are not on the market today. The direct and direct transfer of these values through the RepuX token eliminates the need for intermediaries and intermediaries in some industries. Thanks to computer training, large data and AI are becoming increasingly dependent on large-scale aggregate data, RepuX is ready to take advantage of this and innovate in this relevant field.
Problem
Gold data in modern digital economy. Large and small companies rely on data access to target customers, product development and business development, but large data sets take time. In addition, small and medium enterprises (SMEs) do not have access to the same data set as Amazon, Google and Facebook.
On the other hand, SMEs generally support smaller and more specialized data sets that would be useful for developers and other companies, but in the modern digital economy there is no safe and efficient mechanism for making money with data exchange.
The solution
RepuX encourages SMBs to share data with developers through awards by using the RepuX token. Developers and other stakeholders can count on the quality of the RepuX platform data collection, since the reputation rating is determined by the data buyer.
Goal And Purpose RepuX
We anticipate that data monetization will be a major source of revenue for individuals and entities in the future. It is estimated that the world will generate 180 zettabytes of data (or 180 trillion gigabytes) by 2025, up from less than 10 zettabytes by 2015.
Our Goals and Objectives For the RepuX Protocol are as follows:
Develop a high throughput system. where data can be directly monetized between collector, developer and 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 (or API) that allows third-party developers to build the RepuX Protocol to create a variety of different applications;
To maintain scalability and speed as a high priority during the design and development of the RepuX Protocol; and
To integrate the RepuX Protocol with existing blockchain technology while building customized 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.
Roadmap
November 17, 2017 / 2pm UTC to January 23, 2018 / 2pm UTC
Token Sale
will take place for a period of 31 days from 6 February 2018 to 9 March 2018. The round will continue until the 33.1 million USD limit is hit or the final round is over. During REPUX Token Sale can be purchased with ETH, BTC or Wire Transfer prizes, with a minimum contribution of 100 USD (or equivalent to 100 USD in BTC or ETH). During Pre-Sale, the minimum contribution is 30,000 USD.
Standard Token:
Supply of Token ERC20: 500.000.000 REPUX
Token Sale Price: 0.20 US Dollar for 1 REPUX.
Token sales ends on March 9, 2018
Start date: February 6, 2018 / 5pm UTC
End Date: Mar 9, 2018 / 5pm UTC
Hard cap: 33.1 million USD
Seal soft: 1,000,000 USD
Payment receives ETH, BTC, XBT and USD via Wire transfer
Supported wallets for Token Sales include MyEtherWallet, Mist-Ethereum Wallet, Metamask, Parity, imToken, Ledger, Trezor, and others.
For more detailed information about repux please visit our web site:
WEBSITE
WHITEPAPER
TELEGRAM
My BTT: https://bitcointalk.org/index.php?action=profile;u=1867095;sa=summary
ETH:
0xFC2681E91b4922E10f94aeCF5ACc49b6C29455c2
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