The recent conceptualized project I stumbled upon is one that attaches so much importance to the uniqueness of data and sees the stunning future inherent in data creation. Statistics has it that in the year 2025 about 180 trillion gigabytes of data would have been created as compared to the 10 trillion gigabytes that were created in 2015, that is going to be a whole lot of exponential growth in a span of 10 years. Buttressing how achievable the estimated growth can be, there was just a paltry 4.4 trillion gigabytes in 2013 which shows the growth is persistently bullish. Bringing it to a daily level, it is equally estimated that about 2.5 exabytes of data is produced everyday. I could keep up with the statistics all day but that would be pointless considering the fact that you should already be amazed by how much importance should be accorded to data creation.
I guess you are wondering what platform has got this well thought idea; it is RepuX. A strong platform with an obviously “thinking team” which accounts for the potency of the idea that bore this project. Data has occurred so frequently in this write up and if I’m correct you are wondering what RepuX would do with data. In summary, RepuX wants to monetize the data such that data collectors can exchange data for RepuX tokens. The importance of this mechanism is that data is readily available for users who have high demands for it, such users maybe application developers, or even industries and establishments. Adding gloss to the platform, on the RepuX protocol API interfaces would be built which developers can build apps that will be of use to various end users.
As a growth driven platform, RepuX will employ state of the art technologies to ensure that data sharing opportunities is quite efficient and also promote trust and reliability in the system which is a major drawback in data sharing. Dealing with the drawback of trust, for every data transfer transaction a form of rating would be attached to it making it as transparent as it should be.
For the RepuX tokens that would be circulating ecosystem in exchange for data, there will be an initial public sale of the tokens. The initial presale already ran from November,2017 to January,2018.
Now a tokensale is has begun from 6th of February and will run till 9th of March
Accepted currencies: BTC, ETH, XBT and USD via wire transfer.
Softcap: 1 million USD
Hardcap: 33,100,000 USD
Total token supply: 500,000,000 RepuX
Wanting more information about this platform, visit the following links:
Whitepaper :
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Blog :
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