RepuX Integrating Bancor Protocol to Provide Token Liquidity for Millions of Businesses and Developers
Krakow, Poland, 5th March 2018
RepuX (REPUX) , a new blockchain platform that will serve millions of businesses and developers worldwide each year who transact in business data and decentralised data-driven AI business applications/algorithms, has today announced its integration of the Bancor Protocol to provide continuous liquidity for the RepuX platform.
Earlier this week, it was reported that RepuX anticipates more than 30,000 token buyers to participate in the public token sale scheduled for 6th March.
By integrating the Bancor Protocol, RepuX token holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to any other directly from any Web3 wallet, such as MetaMask. Currently integrated tokens include ETH, BNT (the Bancor Network Token), GNO (Gnosis), BNB (Binance) and a long list of announced projects soon to be activated.
Our rapidly growing community of more than 30,000 members and great demand for RepuX tokens led us to integrate with Bancor
said Marcin Welner, COO RepuX. “Integrating with Bancor will provide liquidity to everyone who wants to be a part of RepuX and transform the business data/business software industry.”
RepuX will activate a Relay Token with 3% of its circulating token supply within a week following the successful completion of the Token Sale. Users will be able to purchase and sell RepuX tokens directly from any Web3 wallet at a formulaically calculated price.
RepuX is the creator of repux.io, the #1 software as a sales platform and protocol for business data and AI-Driven business applications to help businesses improve their productivity and profit margins. RepuX tokens will be the sole exchange of value across the platform and its general token sale will be on March 6th.
About RepuX
RepuX is a blockchain-backed protocol and platform for SMEs to earn rewards for sharing data on a secure, decentralised network. The RepuX platform encrypts data and maintains quality through reputation scores determined by purchasers. Developers can then use the data to develop machine learning and artificial intelligence-driven applications as well as having enterprise customers to sell back to on RepuX. Industries that will benefit include ecommerce, healthcare, accounting, micro lending, and advertising, among others. For more information, please visit https://www.repux.io.
About Bancor
Bancor Protocol is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. To convert tokens instantly, visit the Bancor Web App or join the Bancor Telegram group for more information.
