THELOGICALINDIAN - The acceleration of the ICOs has been difficult to avoid and what already was apparent as a gimmick is now aggressive to adapt the adventure basic industry decidedly back it comes to costs aboriginal date companies One of the capital issues usually accent adjoin ICOs and advance in tokens is that these assets are not backed by annihilation The gold accepted may be over and one can altercate that authorization money such as the US dollar is alone as acceptable as the government that issued it Another altercation is that in the accepted advice age abstracts is the gold of the 21st aeon It is accurate that a lot of ICO projects are annihilation added than an abstraction and do not alike accept a beta adaptation that abeyant investors can appraise But what if an ICO was absolutely backed by article DATA
In a agenda apple with a seamless affiliation to the Internet, the admeasurement of your agenda brand is always growing. A address by arch software maker Oracle and MIT Technology Review alleged The Rise of Abstracts Capital argues that a above acumen for the success of companies such as Google, Uber, and Amazon is that they accept accepted the mindset of “data as an asset.” While there is annihilation amiss with accumulating and acceptance of such data, the aggregation abaft repay.me is assertive that the abstracts belongs to the users and that users should additionally account from the monetization of their data. Like the Robin awning of data, the aggregation at repay.me accept that consumers accept the appropriate to own, ascendancy and account from their data. With the appearance of Blockchain technology and acute contracts, the aggregation is attractive to abolish this alterity and to absorb consumers in profits from amount conception with their data.
For this reason, the aggregation developed the REME-Coin, whose bulk is based on the abstracts of repay.me’s community. The association is based on the fair allotment assumption – the added abstracts repay.me receives from the community; the added cashback will be broadcast to the community. The ICO will alpha in February and will accord admission to a bread that is admired to advertisers and users. Like above gold standard, REME-Coins are backed by real, assessable value. Each bread gives admission to a anchored cardinal of advertisements on the repay.me exchange and this inherent bulk from the alpha ensure aerial bulk adherence of REME-Coins. At the aforementioned time, aloof like the classical accumulation and appeal curve, the bulk of bill is accepted to acceleration in band with the growing acceptance of REME-coins. This is because the cardinal of bill will not access afterwards the pre-sale, but the bulk of abstracts will. Therefore, as the acceptance of REME-Coin increases, so will its bulk due to the accretion bulk of abstracts it processes.
In business strategy, a bazaar actor has a first-mover advantage if it is the aboriginal entrant, assets a aggressive advantage through ascendancy of assets and occupies a cogent bazaar share. Being the aboriginal anytime crypto-centric online arcade belvedere with its own bread will acquiesce the aggregation not alone to adapt the cashback industry but additionally become a arch cryptocurrency acclimated as a agency of acquittal for appurtenances and services. Data may be the gold accepted of the 21st aeon but with such aggressive plans, the REME-Coin is abiding to claiming for the cachet as the industry accepted for cashback and payments.
