Why RepuX Will Represent a Good Investment? : Part 2
Based on Personal Assessment
RepuX powered by the blockchain revolution wants to create a world where anyone and everyone can monetize their data in an open but secure system.
In this piece I will be making a personal assessment of the RepuX project based on two points of view, this I will be doing because sometimes the best of projects with the best of visions may not live up to expectations and I will like to look with foresight at RepuX Protocol.
Photo by Csaba Balazs on Unsplash
The viewpoints I will be analyzing from will be; the target market and the confidence of the community.
Target Market
The target market for RepuX protocols includes but is not limited to data owners (individual or enterprise), application developers and direct data users.
The data owners possesses the data they basically have no use case for and are willing to monetize it, while the application developers and direct data users need these data but lack the funds or resources to acquire it.
The target market for RepuX is very vast and wide as it encompasses individuals, SMEs and large enterprises. Another interested party in the RepuX project will be crypto traders and investors who would be looking to make profit from the rise in value of the RepuX tokens.
What effect will this have on the token market value?
If the protocol gets well adopted by developers and the enterprises also trust it with the exchange of their data, I believe with a functional and growing ecosystem will only result to more demand for the RepuX tokens. Enterprises will want to hold more than enough tokens so they can purchase developed applications, the developers and users will also want to hold tokens so they can purchase data with it, while also the token holders and traders will want to Hodl tokens so they can benefit from change in its market value.
With RepuX tokens having a fixed supply, these factors will only lead to increase in the value of the tokens.
Confidence Of The Community
Most crypto communities respond well to projects with reputable team members ans advisors as they exude confidence.
The leaders of this project Marcin Welner, Aleksandra Staszewska and Tomaz Tybon are experienced professionals with over 40 years of experience between them in their professional fields with reputable companies all over Europe.
The RepuX protocol is already growing and already has signed distribution agreements with developers who have access to millions of SMEs in China showing that the team knows exactly what to do and are not wasting valuable time to reach their goals.
Also RepuX already have over 15 thousand subscribers across their social media platforms with their communication channels moderated by Amazix which is a world leading community management and engagement firm.
What effect will this have on token market value?
The experience of the team and advisors combined with the size of the community means this project will get a kick start and this factors combined with the ability of the world renowned Amazix team to communicate new milestones will result in people getting timely information about the progress of the project.
This may result in more people getting informed about the project and leading to more adoption and more users subscribing to the platform for exchange of data for RepuX tokens. It is a platform that provides a lot of opportunities and will eventually reflect in the increase in token value.
The points stated above are personal and should not be seen as an investment advice or guide, always do due diligence by carrying out your personal research.
Disclaimer:
These are my personal and unbiased views and should not be seen as shilling of the project. For my constructive criticism and analysis of RepuX chances of success read my next article where I will be performing a SWOT analysis of the project, which will include information about the token sale, so stay tuned.
Join the RepuX telegram group https://t.me/repuxicoEN to get involved in the conversation and also visit the official website https://repux.io/ and ANN thread https://bitcointalk.org/index.php?topic=2613666.0 for more information about the project and token sale.
If you like my article and the information it provides please kindly upvote and share with your friends/followers, I will also be responding to your comments so feel free to leave them below. Cheers
Follow me on Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1556229
Comments
Post a Comment