RepuX ICO - Monetize Data from Millions of Small Enterprises Worldwide
Big data and data reselling is a huge niche. This guys found a way to let SMEs make money from data that was normally not used much and compete with tech giants ie with marketing automation.
RepuX Summary
They want to develop a high throughput system whereby data can be monetized directly between collectors, developers, and users. All data buys and sells are done with their native token REPUX.
There will be easy-to-use application programming interfaces that will enable third-party developers to build upon RepuX Protocol to create a variety of different applications.
So they want to makea 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.
The video explains is in an simple way.
REPUX Sale
Currently, they are in pre-sale mode where you get 50% bonus. All you have to do is signup to their website with valid email address.
- Supply 500,000,000 REPUX
- 1 REPUX = 0,20 USD
- Current bonus 50%
- Accepted Currencies ETH, BTC and Wire Transfer
Website - https://repux.io
Whitepaper - https://repux.io/white-paper.html
This post is just an information. As always remember to do your own research before investing in anything.
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Sadly ICO's has never been good for me. Have always lost money or not gain anything on them. In as much as this is very tempting and looks good, I think I will pass. Thanks for the information though.
This looks very promising,, I participated in only one ICO last year and It was good enough.
I think this one could be the second. They are planning for a big project and I hope they will continue.
The idea is targetting data that SMEs usually don’t monetize and is brilliant in its simple idea. Businesses sell anonymized data and earn Repux tokens (crypto-currency). Then Repux uses blockchain to assign ratings and reputation to the data. Developers buy the data to train machine learning algorithms and in the end, they can re-sell their AI enhanced apps back to enterprises to help them make better business decisions.
@kingscrown
thanks to those of you who have given important news for us Young Men in steemit although I hahaha read through translate translation
Thanks for sharing this @kingscrown, I'm currently doing a very similar series on my page, where I'm trying to cover 10 upcoming ICOs per week.
Repux looks like an interesting one, but my main issue is what data these data coins will store that is so special that developers will pay for individual fragments of it, as opposed to mass buying data from corporates. I put you on to my SteemAuto as I really like your content. I'd really appreciate any feedback that you have on my posts!
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Good information
You got a 6.29% upvote from @upmewhale courtesy of @kingscrown!
Thanks for sharing