Repux ICO
January 18 2018 - 7:27AM
ADVFN Crypto NewsWire
Project Description:
RepuX’s blockchain-backed platform enables Small and Medium
Enterprises (SMEs) to capitalize on business solutions via the data
sharing network. SMEs often don’t know how to optimally utilize the
data they have amassed in order to make impactful business
decisions and lack the resources needed to implement them.
Developers, on the other hand, seek data to develop machine
learning and artificial intelligence-driven applications as well as
enterprise customers to sell information back to. RepuX unlocks the
untapped value trapped within this disconnect by allowing SMEs to
upload data and list potential use cases. Developers are then able
to purchase the data to create customized applications which they
can then sell back to SMEs. The RepuX platform anonymizes data and
maintains quality through reputation scores determined by
purchasers.
Industries and businesses that stand to benefit from applications
integrated with the RepuX protocol include medical records,
Electronic Point of Sale “EPOS”, Credit Scoring, E-commerce and
International Trade, Advertising and Online content, Big Data, and
Archival Databases, amongst others. The use of this technology
would level the playing field for SMEs and SMBs competing with big
data giants in the digital economy. RepuX brings trust and power
back to developers and users, with no centralized authority needed
to vet interactions.
Whitepaper: https://repux.io/white-paper.html
Live Marketplace: https://marketplace.repux.io
Official Website: https://repux.io/
Senior Leadership Operation Team:
Marcin Welner (2012 100 ERPCRM.)
Aleksandra Staszewska (10
)
Tomasz Tybon (SaaS10 6
30)
Przemyslaw Kocznur (10PHP)
Taras Bazyshyn
( 6 )
Damian Babula( / )
Investment and Advisory Team:
Dr Jay Best ( Best2017C)
Yagub Rahimov (7marketz
Inc.)
Douglas Pike (Vericoin Founder, C ++
Historical Performance:
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. RepuX is the first token sale
that is developing RESTful APIs for selling company data to
developers, who, in turn, are able to build decentralized
applications and sell them back to companies. This is the first
data sharing and DAPP creation ecosystem of its kind.
Here is a link to the announcement: http://www.newsbtc.com/2017/12/07/workhq-repux-contract/
Tokens Issued:
Total 500 million REPUX
Issued: 250 million REPUX
Price is 1 REPUX = 0.2 USD
No Lock Up Period
Presale Discount: 50% (0.1 USD)
Purchases above 100,000 USD, 4% Cashback in ETH or in REPUX
Purchases above 1,000,000 USD 60% Discount (0.08 USD)
General Sale Discount: 30%(0.14 USD)
Hard Cap: 33,100,000 USD
Token Issuing Time: At the end of Token Sale at Middle of March
Investment Highlights
Typical Blockchain Application: Businesses do not wish to keep
their data in a centralized location and RepuX is developing a
multi signature decentralized storage solution to address these
needs
Huge Marketspace: Enterprise & Small& Medium Business IT
spending is a 4 trillion dollar market and RepuX platform forms the
intersection between small medium enterprises, big data and AI
applications. This comprehensive set of business data will be data
that even giants like Google or Alibaba doesn’t have and there
would be innovative applications and new use cases generated from
it.
Channels of Distribution: Signed partnerships and pilot programs
with companies that have substantial businesses as a customer base.
Live Platform: Unlike most token sales, RepuX has a live platform
where buyers and sellers can transact data.
Experienced Team: RepuX team has decades of experience in
SAAS, Big Data, Blockchain and Logistics.
Utility of Tokens: To purchase business data/
AI services/decentralized applications on the Repux Platform which
would be recurring transactions in nature
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