Everyone knows how essential our personal data is. However, most of us aren’t aware of the circumstances if we just give away our data to get access to various services on the internet.
Here’s the scenario:
You signed up an account to various social networks like Facebook, Twitter, LinkedIn, Google Plus and more.
These social networks gather billions of data (including yours) to sell your data to various companies. That’s one of the methods that they make money. They sell your data between a dollar to a hundred.
Companies allow themselves to buy ads and target them at you in an effective approach.
When you signed up for a free Facebook, Twitter or Google account, your data is stored with them. Most of the users don’t care if they’re giving away their data as long they’re enjoying these “free services”.
However, they didn’t realize that these social networks are generating profit off our data, and not us. I understand how you feel right now because I’ve felt the same way too. Now that you understand the reality of it, here’s a question that’s probably gonna make sense to you.
What if there’s a way we could take back Our Data and profit from it? Is it possible?
For me, it’s possible as long there’s creativity and innovation. With the rise of blockchain technology, there are lots of possibilities that you could create something that can improve our lives. It gives us infinite possibilities to create projects that is completely out-of-the-box.
Even if there are several projects that are kind of impressive to me, there’s one that clearly attracts me. It’s something that I’ve never seen before, and it looks unique and achievable for many years to come. If you want to trade or exchange personal data in a safe and secure way, you should continue reading until the end of this post.
Without further ado, it is time for us to explore why RepuX could be one of the best projects in the blockchain world. Are you ready?
RepuX is a protocol-level framework by which various types of unchanged data can be communicated and exchanged between various corporate and individual users. Combines some of the leading decentralized technologies such as IPFS, Sia and Ethereal / EOS, along with increased possibilities to custom block-to-through through.By high and create value and transfer data directly between peers using protocols, RepuX allows the possibility of sharing data creation for individual and corporate users and aggregate data, which is not present on the market today. This direct and fast value transfer via REPUX token will allow creation of value for data creators, including individuals and thus eliminating the need for intermediaries and intermediaries in some industries. Visit the official website https://repux.io/
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 collectors 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.
Goal And Purpose RepuX
We anticipate that data monetization will be a major source of revenue for individuals and entities in the future. It is estimated that the world will generate 180 zettabytes of data (or 180 trillion gigabytes) by 2025, up from less than 10 zettabytes by 2015.
Our Goals and Objectives For the RepuX Protocol are as follows:
To develop a high throughput system where data can be directly monetized between collector, developer and user;
To establish a secure reputation infrastructure in a RepuX Token transaction that allows users to apply semi-permanent records in joint transactions;
To develop an easy-to-use application programming interface (or API) that allows third-party developers to build our RepuX Protocol to create a variety of different applications;
4.To maintain scalability and speed as a high priority during the design and development of the RepuX Protocol; and
- To integrate the RepuX Protocol with existing blockchain technology while building custom solutions in a particular case.
In short, our main goal is to build a secure and reliable data transfer protocol that can be integrated with a variety of different applications developed by third parties for use by a number of different industries.
Token Sale
will 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.
Roadmap
Final words
For me, RepuX is changing the way we control our data and profiting from it. When RepuX officially launches in the market, I’m so excited and can’t wait to use their app. Yes, we’re all grateful for what Facebook, Twitter, Google and other free services have in store for us. We all have fun in using their services until today. However, the more we use as long our data is with them, the more money they will make from us.
With RepuX, we will finally Take Back Our Data and profit from it. With this app, it would easily attract millions of users worldwide by signing up a free account and earn tokens at the same time for completing simple tasks. The entire RepuX team is doing a great job in putting up this amazing and innovative project.
I would like to thank them for creating this project because it gives us endless possibilities to make a difference of our respective data. I can’t wait for the RepuX app to be officially launched soon as scheduled in their roadmap. Since data is the “new oil” in today’s era, it is the perfect time for all of us to take advantage of it with RepuX.
Thank you so much for taking your time in reading my post about RepuX. I hope that it’ll enlighten you to finally check out this wonderful project. Cheers!
More information you can find on these links:
Website: https://repux.io/
TELEGRAM: https://web.telegram.org/#/im?p=@repuxicoEN
WHITEPAPER: https://repux.io/white-paper.html
THEREAD Announcement: https://bitcointalk.org/index.php?topic=2613666.new
My Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1158112