REPUX - Protocol Level Framework

Februari 15, 2018

REPUX - Protocol Level Framework

About

Repux The protocol level framework (“Repux Protocol”) where various types of unchanged data can be commoditized and exchanged among different collectors, developers, and corporate users. The RepuX protocol incorporates some decentralized technologies such as InterPlanetary File System (or IPFS) 2, Sia 3, Ethereal 4, EOS 5, and offers the potential to upgrade to custom high-throughput blockchain. By facilitating the transfer of data and values between peers, the Repux Protocol creates the possibility of sharing data among data collectors, application developers and data users not present in the market today. The Repux Protocol provides an opportunity for data producers to create value in their data through facilitating the provision of this data to users in many industries, while eliminating the need for intermediaries in this process.

Our vision is to create a protocol that facilitates the monetization of data through efficient transfer between collector, developer and user which will also enable evaluation of reliability and reputation of data over time. Through our RepuX Protocol, data collectors can transfer data to data users or to app developers in exchange for Token RepuX. Developers can build the RepuX Protocol, and use data that is transferred by the collector to produce products and services that can then be transferred to end users in various industries instead of the RepuX Token. With the RepuX Protocol, we hope to add value to the data.

The application layer is above the Repux Protocol. The front-facing layer consists of a variety of decentralized applications, or Dapps, third-party application developers can build on existing Repux API infrastructure. Storing data layers in decentralized infrastructure such as IPFS, StorJ8 or Sia, we not only ensure data, but also ensure that data is stored in a decentralized way. Ownership of data, sharing, security and privacy preferences can be actualized by using a multi-primitive cryptographic cryptography derived from blockchain, to ensure data is secured excessively in the chain and also seen and used only by preferred parties, In the Repux Protocol base, we build a layer value, which gives strength to the layers above and ensures that people are properly compensated for what they do in the Repux Protocol.

How it works:

· Companies sell anonymous data and receive a repux token

· Developers buy data to train machine learning algorithms

· Developers then sell their smart app back to the company to make better business decisions

Presale
November 17, 2017 / 2pm UTC to January 23, 2018 / 2pm UTC

Token Salewill run 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 rewards, 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: 9 Mar 2018 / 5pm UTC
Hard cap: 33.1 million USD
Soft seal: 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.