ICOMetrics Brief on RedPulse RPX CryptoCurrency: (non technical analysis with casual format for easy digestion)
Core Idea: Monetise Market data research and help data consumers with data researchers using a cryptocurrency.
WTF it solves: Promises a solution to extremely difficult Chinese market data, which is indeed a very large huge territory and with a few trillion dollar in and out even in this extremely difficult to navigate chaos. They identified a good problem to solve. Lets see....
Concerns it addresses: There is no manner to confirm metrics of a company in China, things are based on old ladies network of gossip type wrap up of market trends with good looking news but no accurate info...
Reasearchers will get paid: So they are going to create a market for research reports accessible to business and use RPX as the medium of money....(simple explanation)
Why use their tokens: Cheaper to use. their logic.
Citizen Power: They understand the power of community.
Token Supply:n Initial Coin Offering (ICO) crowdsale with nominal value of USD
15,000,000. Once this is reached, inclusive of pre-ICO commitments, the sale is completed (good news)
Proof of Concept: Red Pulse already has an operational research content platform at www.red-pulse.com and an
iOS mobile app (https://itunes.apple.com/us/app/red-pulse/id492320787), focusing on China’s
markets and economy from an event-driven perspective
Current Clients
Our clients include major investment banks, asset managers, central banks, sovereign wealth
funds, exchanges, and other institutional investors, validating our platform and value proposition
of providing timely and relevant market intelligence on China
Competition: Steemit and Reddit.
ICO Details
• Hard-capped crowdsale of USD 15m
• Token sale will run for 14 days starting from September 10, 2017 to September 24, 2017
• Based on NEO blockchain and NeoContract
Neo has to be in a wallet and not on an Exchange to purchase these tokens( do not fuckup understand this)
Team: Team has good talent and a data scientist on board. My feeling is they are going to become the interface for chinese market intelligence, they will attract individuals and companies who do market data research and sell that information to buyers of all sorts, inside chine and outside china, chinese language translators will be getting a good income from this platform for different languages as translators are needed for only chinese based reports.
my feeling is also, chinese mindset does things in layers and behind all this there is other motives which in my opinion could be political in the long run as they are going to be pioneers in a teritory for the small guys....they clearly state that the small guys have no access to data which the big firms use and this is the platform to buy that....
I am confident on, supply + hype+ team+ solution, I do not know what the fuck is a "Chinese Natural Language" in data sciences but I do know a bit about Machine learning....so even thoug these words are purely techincal they do give me a bit of confidence that a platform to purchase business intelligence reports make by the chinese in the china for the chinese is going to be a very big deal......
Listing: Default listing is Bianance in my opinon based on chatter filter on social media and if they can convince Americans Bitterx is a possiblity as the demand and community will prove it....
Strong Buy signal and this could easily arrow up to 50 bucks due to piggy backing Neo....I can be wrong so try your own math....
Thats all...