The Economist famously stated "data is the new oil"

RepuX Monetizes Data from Millions of Small Enterprises

How It Works

  1. Businesses sell anonymized data and earn Repux tokens (crypto-currency).
  2. Repux uses blockchain to assign ratings and reputation to the data, which developers can buy to train machine learning algorithms.
  3. Developers then re-sell their AI enhanced apps back to enterprises, for better business decision making.
Watch Our 1 Minute Video Explanation

Watch how it works

Summary

  1. A massive amount of data generated by SMEs (small and medium enterprises) goes unused
  2. And yet, software developers need it to train AI Machine Learning algorithms
  3. Trapped in this disconnect is a LOT of value! A marketplace like Repux lets SMEs have a fighting chance against Amazon, Google and Facebook

Repux Media

RepuX - A Very well thought out data marketplace for global SMEs
Repux ICO review - Interview with the CEO
Gullin AMA w/ REPUX
TOMASZ TYBON
North American Blockchain Expo Day 3 | Data Wallet, Spectiv, and Repux | Crypto Going MainStream
RepuX Interview - @repu_x - Blockchain Expo North America Santa Clara 2017
RepuX Marketplace
ICO "REPUX" interview with David Siu [ENG]
RepuX #1 webinar

The Repux token (crypto-currency) is the medium of exchange and the only way to transact on the marketplace

5 Reasons Why You Should Consider Buying RepuX Tokens

1. Working product & 3 pilot companies:

The marketplace is live unlike most token sales that launch with just a whitepaper! The companies represent a reach of millions of SMEs.

Networking
World Economic Forum
2. HUGE market:

 According to the World Economic Forum, SMEs represent over 95% of firms, account for 70% of employment and contribute 53% of GDP globally.

3. Solving a real problem:

Per the Harvard Business Review, individually, most SMEs don’t have enough data or expertise to take advantage of AI. A marketplace like Repux helps them better compete with the big boys.

Harvard Business Review
Example: Mobile Payments Source: Wall Street Journal Market share
4. Strong partnership in China:

The Economist also stated that China is leapfrogging the US in AI due to its 4x larger population that produces much more mobile data. Repux could become to data what Alibaba is to commerce.

5. 'Winner Take Most Effects':

Marketplaces like Repux tend to have winner take most/all effects so founders and early adopters can capture a good chunk of the value created. We have a head start!

Podium
Victor Hugo

"You can resist an invading army but not an idea whose time has come"

– Victor Hugo (Distinguished French Writer)

Example scenarios

How Repux Could Help The Smithsonian Monetize Their Dusty Data

Through RepuX, the Smithsonian Institution would be able to securely license its robust databases of image, text and other records to a vast market of trusted museum data collectors. Alternately, RepuX could provide an efficient and transparent market for the purchase and sale of handwritten text data, used for text-recognition AI applications.

How Repux Helped a Software Developer Reduce Their Data Costs by 80%

Through the blockchain’s distributed database architecture, we have created a cryptographically secure and frictionless platform that enables data to be monetized and exchanged between trusted parties. RepuX resolves the disconnect in the enterprise data economy: the inability of enterprises to securely share siloed business analytics with AI and machine learning developers.

Powered by Ethereum blockchain 2.0 technology

As the Fourth Industrial Revolution accelerates the adoption of AI and IoT technologies, data has become the most valuable currency in the world. Powered by Ethereum blockchain 2.0 technology, RepuX is bringing the awesome potential of open innovation and collaborative marketplaces to enterprise clients by disintegrating data silos and activating new streams of growth.

Roadmap


OP - Operations silos   |   OUT - Outreach silos   |   TECH - Technology silos

MVP Release (Dec 2017)
  • Launch marketplace platform on test Ethereum network
  • Possibility to sell and buy data with exchange of test Repux tokens
First plugins (Mar 2018)
  • Amazon plugin to pull selling information data from the worldwide marketplace
  • Shopify integration to retrieve orders info with a single click
RepuX Protocol Public (Jul 2018)
  • Buy and Sell data on the Marketplace platform
  • Fully decentralized protocol
  • Encryption and sharding implemented
  • Revshare mechanism
Exchange Repux Tokens for ETH (Sep 2018)
  • Buy and Sell REPUX tokens on the platform
  • KYC for transaction parties

Data Aquisition Plugins
  • Reference plugins by RepuX team
  • Developers documentation JS API
  • Revshare mechanism for plugin developers
Rating / Reputation
  • Possibility to rate each party of the transaction
  • Moderation done by the RepuX team
One-to-One Assignments

Smart Contracts agreement between two parties, data provider and Subject Matter Expert to deliver insights, work on data

Data Streaming

Instant access to up-to-date data to feed machine learning models on a daily basis

Mediation

Solving issues between parties done by the community members (instead of RepuX team)

Public nodes
  • RepuX solution instalation package
  • Payments for data storing, sharing and re-encrypting
  • Making all elements open-source

Who Is Behind RepuX

Marcin Welner

Marcin Welner

20 years in IT in total.
12 years background in programming. Lead departments of up to 100 people. Likes to build projects from scratch. Extensive business skills in warehousing, logistics, supply chain, e-commerce, inventory management, erp and crm systems.

Aleksandra Staszewska

Aleksandra Staszewska

Over 10 years of experience working as Business Analyst in projects for banking, public administration and telco sectors. Worked for national census data analyzing, processing and reporting. Big Data enthusiast having in-depth knowledge of Business intelligence and Data Warehouse systems.

Tomasz Tybon

Tomasz Tybon

10 years of experience in SaaS industry with marketing, sales and product development. 6 years of experience in e-commerce, built country’s biggest brand and expanded it to India & Turkish market. Served as CMO, COO. Scaled Annual Recurring Revenues thirtyfold.

Daniel Kmak

Daniel Kmak

5 years of frontend experience and 1 year of consulting for USA company. Course author for Packt Publishing about React, Vue and Angular. Top 3% StackOverflow contributor with 12 000 reputation. HackerNoon author, HackHands expert, Ember teacher.

Przemysław Kocznur

Przemysław Kocznur

10 years of experience as a Software Engineer. PHP Coach. University Lecturer on Science and Technology. Blockchain, machine learning and old analogue synthesizers enthusiast.

Krzysztof Durałek

Krzysztof Durałek

Senior User Interface Engineer with over 15 years of experience in Media and FinTech industries. Specializes in modern web technologies with focus on performance, user experience and code quality.

Dawid Rashid

Dawid Rashid

Over 4 years of experience as Fullstack Engineer (JEE, PHP & JS). Contributed to number of projects including the biggest European digital currency exchange platform and Marketing Automation software.

Taras Bazyshyn

Taras Bazyshyn

6 years of experience as a Senior Android Engineer in e-commerce industry. Worked with the usage of machine learning, image recognition, augmented reality, Bluetooth beacons & location solutions technologies for mobile app development.

Rafał Książek

Rafał Książek

13 years of experience as DevOps, Architect, Coach, Programmer, Leader - an unqualified advocate of agile delivery of high quality code.
Many years practitioner of programming as per SOLID & TDD rules.

Damian Babula

Damian Babula

Software Developer. An early entrant into the bitcoin/blockchain arena, contributing on numerous cryptography-related projects, many of which were open-source. Currently he is specializing in decentralized applications, development based on smart-contracts and stand-alone blockchains.

Raghu N. Chakravartula

Raghu N. Chakravartula

Over 14+ years of experience in Information security in finance, healthcare, Media, cloud, government, start-up product based companies. 20+ infosec certifications, trained 2600+ participants across the globe, published 6 technical papers.

Frequently Asked Questions

RepuX is a protocol level framework upon which various types of immutable data can be commoditised and exchanged between different corporate and individual user parties.

Combining multiple cutting edge decentralised technologies such as IPFS, Sia and Ethereum/EOS, along with a possible upgrade to a custom high-throughput blockchain.

By creating and allowing for value and data transfers directly between peers utilising the protocol, RepuX allows for the creation data sharing possibilities for individual and corporate user and aggregate data, which do not exist in the current marketplace.

This direct and rapid value transfer through the REPUX token will allow for the creation of value for data creators, including individuals and thereby eliminate the need for middlemen and intermediaries across multiple industries.

For further details we invite you to read our White Paper.

Unlike the price of Bitcoin and Ethereum, the price of REPUX tokens is fixed. The price for the initial Public Token Sale looks like this: 0.20 US Dollar for 1 REPUX. Once the REPUX Token Sale ends in 5th of April 2018, the open market will decide on the value of REPUX tokens.

The Token sale is currently scheduled for:

  • Starting date: 6th of March 2018 at 2pm UTC
  • Ending date: 5th of April 2018 at 2pm UTC

We primarily accept Ethereum (ETH), as well as Bitcoin (BTC or XBT) and USD via Wire transfer for the REPUX Public Token Sale, which starts on the 6th of March 2018. Other cryptocurrencies like Litecoin (LTC), Bitcoin Cash (BCH), Zcash (ZEC), Dash (DASH) or Ripple (XRP) can be used indirectly by exchanging it on a cryptocurrency exchange like Shapeshift.

In case you consider exchanging fiat currency such as US Dollar (USD), Euro (EUR) or Japanese Yen (JPY), you can find a guide on how to go about buying Ethereum (or any other cryptocurrency for that matter) by reading our “ Token Sale Participation Guide”. It explains how to buy blockchain tokens in detail, like REPUX in our case. While we used the Kraken exchange in our example, there are a multitude of other exchanges available, such as Bitfinex or Bittrex to facilitate exchanges such as USD to ETH or EUR to ETH.

Supported wallets for the Token Sale include MyEtherWallet, Mist-Ethereum Wallet, Metamask, Parity, imToken, Ledger, Trezor, and others.

You cannot use an exchange such as Bitstamp and Bittrex which manages your keys.

The Token Sale will run over a 31-day period starting from the 6th of March 2018 until 5th of April 2018. The rounds will continue until the cap of 33,1 mln USD is hit or the final round expires. During the Token Sale REPUX can be purchased in exchange for ETH, BTC or Wire Transfer, with minimum 100 USD contribution (or equivalent of 100 USD in BTC or ETH). During the Pre-Sale, the minimum contribution is 30,000 USD.

We will never post the token address to anywhere other than the official Token Sale website. Never send ETH, BTC or USD to any address you haven’t first verified the owner of.

ERC20 describes an Ethereum token standard and is used for Ethereum smart contracts. A smart contract replicates properties of traditional, offline contracts in an online environment. It is equally binding and uses the blockchain technology to enforce a contractual agreement between two, or multiple parties.

ERC-20 Token standard had a set of rules that Ethereum token must adhere to and has been adopted in wide range of crowdfunding projects like Token Sales or Initial Coin Offerings (ICO). For example, when a project is complete, a smart contract activates a payment, omitting the need for third party fund management. The REPUX token is ERC 20 compliant as well.

Upon completion of the Repux Token Sale on the 5th of April 2018, the REPUX team will immediately start the audit phase. Once the audit phase has been completed, the tokens will be send to your contribution address.

In the case that the public sale is sold out prior to this date, we plan to release the tokens manually, subject to technical and legal due-diligence of course.