Thoughts on Red Pulse (RPX) ICO is on the 11th.
This shit will fucking kill the game, look at the team, concept and future implications. They've been around since 2015, present a stellar concept.
>What does RPX do?
Symbol – RPX
Whitepaper – https://coin.red-pulse.com/wp-content/uploads/redpulse-whitepaper-en.pdf
Where – The ICO will take place on https://coin.red-pulse.com
When – September 10, 2017
How to Participate – RPX tokens will be sold in NEO, requiring users to contribute NEO as opposed to BTC.
Soft Cap – 15 Million USD
Hard Cap – 15 Million USD
Total Market Cap At ICO – 37 Million USD including company RPX allocation
Exchange Rate: 1’000 RPX Tokens per NEO
Total Tokens in Circulation At ICO – (15,000,000 / (USD/NEO rate)) * 1’000
(At current NEO price of 34.18, this would mean a circulation of 438MM RPX)
Summary:
In today’s information age, there is no shortage of market data and financial research. Yet, due to historically entrenched market dynamics, the economics of financial research production and distribution are dominated by only a few gatekeepers.
This prevents independent analysts from having a voice, while research consumers are forced to accept whatever coverage is already available. What market participants truly need is context – providing relevance in addition to scale.
Red Pulse intends to employ the $RPX cryptocurrency as a mechanism to fairly and directly incentivize research producers for their works, while providing research consumers with a mechanism to guide research coverage and provide fair compensation.
Will this ever hit the 1$ mark with this much tokens? doesn't look good to me..
>>3165573
The market cap could easily hit 150 mill. (10x)
>>3165573
Is this not numeraire round 2?
>>3165702
You could say the same thing about Enigma then, Numeraire was never good from the beginning. This is a completely different market and focus with a proven history. The only thing they need is finding consumers.
feels liks scam honestly I checked the whitepaper the token is literally useless seems to me they are doing this to get money it's a pump and dump coin.
Selling my precious NEOs!!
No!!!
>>3165725
I don't get how you think it's useless? Explain?
>>3165736
token is useless. If token is useless then people won't buy it.
>>3165745
That's not an argument, explain why you think it's useless.
Are they actually going to bother to check if people are just using vpns?
>>3165767
For the pre-sale they will.
>>3165772
Most people aren't getting into that anyways since it's a lottery
>>316>>3165750
the only point of the token is to receive tokens for writing research articles or using token to publish articles on the platform. This is weak, not mooning at all.
>>3165779
Exactly. I just hate when people say there's no use case and that the token is useless. Seems lucrative to put a RFP out for research and to pay people fairly, the better research boosts to the top and you get paid accordingly.
>>3165784
Which coins are you looking at? Are you saying you don't even see it at a 30 million $$$ marketcap? That's only double.
>>3165795
RPX token. You said it will kill the game, but it won't. 30 millions marketcap is only x2 there are coins that makes x50 or x100 months after their ico.
>>3165806
What coins are you looking at right now?
>>3165702
It won't work.