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Are you a business owner or software developer? The Economist famously stated “Data is The New Oil”. Did you know…

A Massive Amount of Data Generated by Businesses Goes Unused.
And Yet, Developers Need It to Train Machine Learning Algorithms...

Trapped in this disconnect is a LOT of value. Repux is a marketplace that lets small and medium businesses sell anonymized data to developers. How it works:

  1. Businesses sell anonymized data and earn Repux tokens
  2. Developers buy the data to train Machine Learning algorithms
  3. Developers then re-sell their intelligent applications back to enterprises, for better business decision

The Repux token is the medium of exchange on the marketplace and the ONLY way to transact.

The Platform is NOW Live. ONLY Days Left to Get 50% Off on Repux Data Tokens
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As seen on:

Huffington Post

Key Repux Accomplishments

  • The platform is live and usable (Click Here).
    Unlike most other token sales that launch with just an idea and a white paper, we have a working product.

  • Signed up 3 pilot companies
    (WorkHQ, FungyuCPA, Dascom) that collectively represent a reach of millions of small and medium enterprises.

Watch Our 1 Minute Video Explanation

Watch how it works


Who Is Behind the Repux Project?

Dr. Jay Best

Dr. Jay Best

Dr. Jay Best is a crypto currency pioneer and visionary with an affiliation to MIT and Cambridge University where he lectures. He is a strategic advisor to the Repux project and was named a the top Crypto Strategist in the UK In 2017.

Meet the Rest of the Team
Douglas Pike

Douglas Pike

Doug is the co-creator of VeriCoin and a highly respected researcher in the blockchain community. He is also the lead developer of a novel protein design software library and a co-inventor of an influenza discovery process, for which he holds a patent. Doug has published numerous scientific papers in peer reviewed journals and is a key advisor to Repux.

Meet the Rest of the Team

Example scenarios

Repux Data Helps an Amazon Seller Determine Optimal Time to Send Coupon

An early adopter merchant (doing about $300k in sales a year on Amazon) used Repux data to determine the optimal number of days to wait before emailing a follow-up coupon to new customers.

While the experiment has not yet attained statistical significance, the early results are promising. The coupons now get a higher take rate and this merchant will likely generate a couple extra sales each week.

The ‘third-party’ intelligent app used anonymized, aggregated Repux data to tune its machine learning model for the merchant’s product category and offer. On their own, this small merchant would never have had enough data--let alone the expertise--to take advantage of machine learning. And so far, we are just scratching the surface. Repux enables a whole world of possibilities when you consider all kinds of metrics an online retailer could optimize!

How Repux Could Help the Smithsonian Monetize their Dusty Data

A museum like the Smithsonian has amassed lots of data over the decades. A treasure trove of Images and rich meta-data that software developers would die for to train their machine learning algorithms!

Today, this data lies mostly unused. But what if they uploaded it to Repux? Not only would they earn a bit of cash from this dusty data but an entire community that values it could finally have access.

Plus, the data would be in a usable format that saves developers time and expense while Repux’s ratings and reputation system would ensure trust. All kinds of interesting apps could then be built, and the Smithsonian’s cultural impact multiplied many times over. Truly a win, win, win scenario--the Smithsonian, software developers and society all benefit.

Recovering 80% of ‘Lost Revenue’ for a Company Like Artiq

Have you heard the company Artiq? They use Deep Learning (an extremely data intensive branch of Machine Learning) to process natural language for clients.

Their problem? They spend about 80% of their revenue on data acquisition and preparation.

80% on just acquiring data.... that’s not even including the analysis, insights and application.

What if all they had to do was enter a few search terms to find the data?

What if all that data was already organized and anonymized thanks to the RepuX protocol?

What if they didn’t have to audit the data or its provider thanks to the rating and reputation system?

Even at a premium price, it would still represent HUGE savings on operating costs. They would make more money or be able to reduce their prices and attract more clients.

Artiq isn’t currently using RepuX but it is an example of an organization that could benefit immensely from it.


Why Repux Is Likely to Succeed

Victor Hugo
“You can resist an invading army but not an idea whose time has come” – Victor Hugo (Distinguished French Writer)

According to the Harvard Business Review, while the Artificial Intelligence and data revolution is upon us, most SMEs (Small and medium enterprises) have neither enough data nor the expertise to harness the power of Machine Learning. A marketplace like Repux allows millions of SMEs to have a fighting chance against the likes of Amazon, Google and Microsoft.

Harvard Business Review logo

While there has been an explosion in the amount of data generated by businesses, NOT all data is useful. In particular, data without a certain authority backing it is often considered unusable. Repux has created a rating and reputation system to solve this issue.

Major partnerships in China-. The Economist magazine predicted China will leapfrog the USA in Artificial Intelligence due to a population that is 4x that of the US. “What happens in other countries in 1 day or 1 week, happens in China every 60 seconds” according to the 2017 World Internet Conference - attended by the CEOs of Google and Apple. Repux could become to data what Alibaba is to ecommerce.

The Economist logo

Roadmap


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

July 2017

OP: $400,000 Seed funding

September 2017

OP: On-board advisors from the industry

October 2017

OP: RepuX Foundation established

November 2017

OP: Major distribution announcement via business partner

TECH: Code audit

OUT: Speaking at Blockchain Expo

December 2017

TECH: RepuX Protocol Live

OUT: Attending Blockshow Asia

February 2018

OP: Token sale

March 2018

OP: Token sale audit

April 2018

TECH: RepuX Protocol open for developers

June 2018

TECH: RepuX Platform Allowing for Decentralised Enterprise Applications

Token Structure

Presale

17th November 2017 / 2pm UTC to
23rd January 2018 / 2pm UTC

Token Sale

6th of February 2018 / 5pm UTC to
9th of March 2018 / 5pm UTC

This Token Structure is based on a presale of 100,000,000 REPUX. This presale amount may be subjected to change due to demand and the token structure will be finalized at the end of the presale. Please look here for any changes:

Token distribution

20%
Presale
30%
Sold during Token Sale
?
10%
Rewards Pool
23%
Sold on the platform
12%
Founding Team
(3 years vesting period)
3%
Ambassadors
2%
Token Sale bounties

Use of proceeds

40%
Development
25%
Marketing
20%
Partnerships
15%
Operations
Role of Token

Enable trade of data and decentralized applications between companies and developers

Supply

500,000,000 REPUX

Price

1 REPUX = 0,20 USD

Maximum Goal

Hard cap: 33,100,000 USD
Soft cap: 1,000,000 USD

Accepted Currencies

ETH, BTC and Wire Transfer

Token Distribution Date

9th March 2018

Emission Rate

No new tokens will be created

Discount Rates

PRESALE
Price $0.10

50%

100,000,000 REPUX

6th Feb
Price $0.14

30%

75,000,000 REPUX

12th Feb
Price $0.15

25%

15,000,000 REPUX

18th Feb
Price $0.16

20%

15,000,000 REPUX

24th Feb
Price $0.17

15%

15,000,000 REPUX

2nd Mar
Price $0.18

10%

30,000,000 REPUX

Unsold tokens from previous rounds will be moved into the next round. The token sale will automatically go to the next round when tokens are sold out in the prior round.

The problem

Enterprises have terabytes of data stored within their systems and have trouble using this for better business decision making or improved business efficiencies. Developers lack data to develop machine learning and artificial intelligence solutions and most importantly enterprise customers to sell back to. There’s a lot of value trapped within this disconnect.

The solution

RepuX is a protocol level framework upon which various types of corporate and user data can be monetized and exchanged between different parties. Combining multiple cutting edge decentralized technologies such as IPFS, Sia and Ethereum/EOS, along with a possible upgrade to a custom high-throughput block-chain, RepuX allows the creation of a highly decentralized marketplace for data and information.

Technology

An API will enable these marketplaces to be developed by 3rd parties to suit their specific niche. By conducting value and data transfers directly between peers in the protocol, RepuX allows the creation of various B2B (business to business) data sharing possibilities for excess user and corporate aggregate data, that does not exist in the current market. This direct and rapid value transfer through the RepuX token will eliminate the need for middlemen and intermediaries across multiple industries. With machine learning, big data and AI becoming more reliant on large-scale aggregate data, RepuX is well poised to take advantage of this and drive innovation in these respective fields.

How it works

By optionally allocating a reputation behind each entity and each transaction, and verified by an oracle system, we can ensure an integrity within the protocol and allow actors greater confidence in not only the presence but also quality of the data they are purchasing. With the RepuX, we hope to bring back value to user data.

Developers

Developers would be able to purchase and receive access to company data securely in real time to create decentralised applications. This would be available in a restful api across similar company and data types. They can preview the data, subscribe to it and even choose specific companies or across the industry. Afterwards, their applications, algorithms can then be listed with RepuX and sold back to companies with RepuX Tokens. Data access will have different permissions associated with it and developers/companies can develop a reputation over a period of transactions to safeguard the community.

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 9th of March 2018, the open market will decide on the value of REPUX tokens.

The Token sale is currently scheduled for:

  • Starting date: 6th of February 2018 / 5pm UTC
  • Ending date: 9th Mar 2018 / 5pm 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 February 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 February 2018 until 9th of March 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 9th of March 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.