There are almost 1,600 cryptocurrencies in the market and it can be tough to choose which one to invest in. To add to this, there’s a hurricane of ICOs bringing ever more crypto in the market. But given the bear market predictions, it’s important to look at the value a token adds to its native ecosystem or product.

This piece takes a look at RPX tokens which are the native currency of RepuX, a decentralized marketplace for data. RepuX offers a self-sustained ecosystem where businesses of all size can sell their data, developers can buy that data and use it to create apps which can be sold on the platform, and, finally, businesses can utilize those apps to improve their operations.

RPX Tokens

RepuX is a marketplace so the key action taking place on the platform is sales and purchases. In other words, RepuX is heavily reliant on transactions, and this marketplace allows transactions via the RPX tokens.

If the data being sold on the platform necessitates the utility of RPX tokens, the tokens become an essential part of the platform. So, the first aspect of a token’s value is satisfied: RepuX needs RPX tokens.

Additionally, the other key driving factor behind a token’s value is the demand it holds. As the data and AI market are expected to grow heavily in the next few years, the net value of data that can potentially be sold on RepuX should rise proportionally. Tokens aimed at a high-growth market offer greater inflationary potential for the token price. A key factor to note is that RepuX tokens’ value is not dependent on the profitability of the underlying platform. Rather, they are based on transactional demand. So, the revenue models adopted by RepuX will be independent of the token’s value.

Token Metrics

The RepuX token main sale is live. A minimum contribution of $100 is required to participate in the ICO; this is a good thing since it allows a strong distribution of tokens and limits the ability of a few hands to dominate the token’s price.

Initially, RepuX’s team intended to burn unsold tokens. However, they have now adopted a policy to lock unsold tokens for a year to release additional supply for future sales with strict lock-up periods. Additional factors are being considered to offer large bonuses to ICO contributors.

The team is presently pooling ideas from the community—this level of responsiveness to the community is a great thing. Additionally, the team’s decision to change the burn policy is due to the current bearish market environment; this shows the team’s adaptive to their environment—another good trait.

Also, the team’s own tokens are locked in for 3 years. This ensures they focus on the long-term success of the project, and they only receive 12% of the total 500M tokens anyways.

Important RepuX Links

🌐 Website: https://repux.io/
💡 Whitepaper: https://repux.io/white-paper.html
👨 ANN Thread: https://bitcointalk.org/index.php?topic=2613666.0
💻 Telegram: https://t.me/repuxicoEN
⌚️ Token Sale: LIVE NOW

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