Original post by samrajyacoin on bitcointalk.org
[RPX] Red Pulse Token – Next Generation Intelligence and Content Ecosystem
Current RPX Token available for trading (Circulating Supply) is 543,348,500.00. Seems huge right? But in USD, its valuation as of date is just $15,000,000.00 at the rate of $0.0276 per RPX Token.
As of writing this personal research and opinion, Pepe Cash at 175th position in www.coinmarketcap/all/viwes/all
has similar statistics (not comparing the projects. Just the numbers in general to get an idea). Whereas, RPX has the caliber and potential to claim top 50 positions from the very beginning with minimum market cap of over $150,000,000.00 and initial volume at $50,000,000.00.
If ICO participants were allowed to invest, then $50,000,000.00 could have been achieved from within the whitelisted investors itself. In that case, Red Pulse could have claimed 88th Position as of date in www.coinmarktcap.com
(practically achievable) at the rate of $0.092 per RPX. One of the strong reasons being – The Demand and Profitability would still be higher in secondary market after it hits exchanges as Chinese, US and Singaporean were not allowed to participate in the ICO.
Red Pulse team must have realized by the ICO time that they actually undervalued the token and sold at lot lesser rates than they actually could have. 9 cents per RPX or higher could have been an easy target. Many other non-deserving ICOs have hit similar cap. Sincere thanks to Red Pulse team for sticking to and honoring the initial terms.
So, in my opinion, any rate below 7 times the ICO rate would be an undervaluation of RPX Tokens once it hits exchanges.
There are too many forces that can drag this coin’s value to $1 per RPX in short period. Below are the major mentions:
- Solution Red Pulse intends to provide: Specific, on time and quality data/contents over Information Overload to facilitate Investors to make radical and informed investment decision. Investors, both individual and institutional can benefit from this to large extent thereby attracting Investors to buy RPX Tokens for its actual use cases.
- Red Pulse is a proven company generating revenue for past 2 years with working desktop and mobile platforms. With all-star team and advisors, more are under development as stated in the road map. This makes RPX one of the rare ICOs unlike others those having either only idea or a minimum viable product.
- Red Pulse is supported by Strong Partners including NEO, Accenture, Binance, Onchain, Z-BEN/ADVISORS, Blockchain Partners Korea, Kenetic Capital.
- Red Pulse already have existing huge clientele base that will require RPX Tokens to access the data and contents. Red Pulse is also used by Bloomberg, Business Week, Thompson Reuters, Euromoney, Financial Times, Asian Investor, South China Morning Post, The wall street Journal.
- Content Creators (Generally Industry expert. Both Individual and Companies) with higher credibility shall earn more RPX. This will motivate them to create quality and on-time contents that will simultaneously attract more RPX Investors.
- Content Consumers (Investors. Both Individual and Institutional) will want to stock (freeze) sufficient RPX. Reason being; • Investors with more RPX Tokens shall have more up-voting power. • Can be on standby with RPX in stock to pay for the new contents to get early access. • Temporary but exclusive access to contents to read it first. • If RPX tokens are held in Red Pulse platform, 5% tokens from total of 10% inflation per year will be distributed proportionately to token holders. Remaining 5% will be distributed to the Content Creators.
- If an Investor is going to largely benefit from the content provided by Red Pulse Platform then each Investor would not mind investing in thousands to stock / freeze RPX Tokens to secure their spot thereby creating scarcity and high demand in the market.
- Investors (Both Individual and Institutional) are the ones who will require RPX the most for actual use cases. Knowing the demand, the crypto investors including US, Singaporeans and Chinese will rally in to claim a piece of the action which will increase the demand to next level whereas the market’s total RPX supply capacity at the moment is only 543,348,500.00. Supply is so low that it might be enough only for few hundreds of heavy buyers. So, the demand is going to be excessively higher than supply rapidly multiplying the RPX rate once tradable in exchange.
- Possibilities and Impacts: • China’s decision that’s expected shortly will have an impact. If negative, crypto will find its way as it has in the past. NEO, Hshare, Binance Coin, Walton, etc. are the live examples. If positive then RPX growth rate will be exponential. • Investors expectation to receive 1 free Bitcoin Gold for 1 Bitcoin held during the hardfork happening on 25th Oct 2017 is one of the major reasons that is centralizing most of the crypto investments in Bitcoin at the moment with Bitcoin domination over 55+% in coinmarketcap. Yet to see if it is really worth it or Bitcoin Gold will be another altcoin struggling for its basic place in crypto space. Anyways, after that, the investments should again start flowing into deserving altcoins as normal and that’s when I believe RPX will or should go live in exchanges. • Another Bitcoin hardfork expected between 18-27 November 2017 was pre-planned on day one of segwit2x. Hence, should not pose any unique threat towards RPX growth. Depending on how the overall crypto market moves, all the altcoins are affected accordingly which is a different matter altogether and not specifically related to Red Pulse.
- NEO supporters are equally interested with RPX being first ICO on the platform. By NEO supporters, we are talking about significant numbers.
Traders, Holders, Investors, Content Creators, Content Consumers, Whales, etc. will try to buy at low rates from exchange but unsure if will happen as RPX should be the Project with one the highest ICO ROIs.
I would like to congratulate and thank NEO and CoZ. ICO Platform performance during ICO was as smooth as Silk!
Disclaimer: I am not paid to do this. These are my personal research and opinion and not a financial advice. I am not your financial and or Legal Advisor. Please do your own due diligence.
CoinDesk created the original reference rate known as the Bitcoin Price Index which is widely sourced in the media including The Wall Street Journal, Financial Times, CNBC and many others on a ... Hence Bitcoin. On Oct. 31, the Wall Street Journal revealed that Henan Yichuan Rural Commercial Bank—a rural bank servicing customers in the area around the Chinese city of Luoyang—is in the midst of a bank run. At the time of the report, depositors had rushed to the institution for the third consecutive bank, trying to withdraw everything could in fear of the institution’s demise. The ... The crypto exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. The price of bitcoin remains well-below its all-time high in late 2017 of about $19,800. But it had a good second quarter, rising from about $4,000 in March to as high as roughly $13,900 in ... Bitcoin Traders in China Get KYC’d. According to the Wall Street Journal, Bitcoin exchanges would be treated like common legacy banks in the fact that they would have to collect information on their users, similar to KYC (Know Your Customer) regulations in banks around the world.This would make them compliant with AML (Anti-Money Laundering) laws to dissuade criminals from taking ill-gotten ... China’s Ministry of Human Resources and Social Security has officially recognised blockchain developers as an official position in the nation According to local media, China’s Ministry of Human Resources and Social Security has added “blockchain technician/operator” to the nation’s official job list. Binance, one of the world’s largest cryptocurrency exchanges, said hackers stole more than $40 million worth of bitcoin from its platform in what it called a “large scale security breach.”
With Binance news breaking on Friday, Nictrades shows you how she uses technical analysis to read the Bitcoin market and what trend to look for in cryptocurrency in the next 24 hours. Binance Says Reports Are False, Google Enters Blockchain And China Says Bitcoin Gives Freedom ... Overstock.com's CEO Wants To Undermine Wall Street With The Tech Behind Bitcoin (HBO ) - Duration ... “You NEED To Buy Bitcoin Soon; BTC Better BUY Now Than EVER” - $ Genius S. Bogart Reassures HODLERS - Duration: 10:07. TechCashHouse - Best Bitcoin, Stock News 6,584 views 10:07 This just in: McDonald’s, Starbucks and Subway are the three American companies, among 19 companies, participating in China's digital currency trial in 2020. Plus, other Bitcoin and crypto news ... This video is unavailable. Watch Queue Queue. Watch Queue Queue CHINA ECONOMIC MELTDOWN??!! 🛑 CORONA VIRUS - Bitcoin $9000 Attempt Ivan on Tech. Loading... Unsubscribe from Ivan on Tech? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 222K ... Daily Crypto News: Google Blockchain? Suppoman vs. Monero, China PBoC loves Bitcoin! Please let us know what you thought about our review below! Join FUD Nation and pick up some swag here: https ... Binance AIR-DROP and Trading News - Binance Platform Growth Binance Exchange 59,491 watching Live now Coinbase CEO Announced BTC Air-Drop. 10,000 Bitcoin Giveaway. Do you think institutions want to invest in Bitcoin and other cryptocurrencies? Feel free to leave a comment below! Thank you all so much for watching the video. If you enjoyed the video, please ... Cardano could even hit $1 within 2 months! Binance Altcoins Especially!! Will bitcoin keep pumping? Wall Street has been buying bitcoin En Mass! all in todays crypto news! Ethereum 2.0 is coming ...