Red Pulse (RPX) is a market intelligence platform covering China's economy and capital markets. The firm uses machine learning and natural language processing to automate and scale basic data collection, while incorporating cryptocurrency to create an open and transparent sharing economy for research. Ultimately, Red Pulse aims to solve the problem that we all face today: information overload.
Red Pulse Review
RPX is used to incentivize and compensate research producers for producing relevant and valuable research on China’s financial markets. Better analysis results in greater popularity in terms of net upvotes, which is then rewarded with more RPX. As a repeated game, research producers’ Credibility Score will also factor into the amount of RPX earned for a piece of research content.
Responding to research prompts will also allow the research producer to earn at a minimum, a preset amount of RPX put up for bid by an interested research consumer. This is in addition to any additional RPX earned by net upvotes, as determined by the system.
Red Pulse ICO
The RPX sale was launched on the 8th of October, and with NEO prices being significantly lower than they were when I first wrote about Red Pulse, I can’t help but see benefit to taking a slightly bigger position. It’s an easy leverage arm to get hold of. Like I said, there have been problems with the new NEO wallet syncing very slowly – it would occur to me that this is because many people are for the first time downloading the blockchain, and so the nodes which are serving it are being taxed pretty hard. That would make sense.
In any case, there’s a lot to like about the Red Pulse RPX token. The purpose of it, in addition to being one of the first to work on the NEO platform (AdEx is another that will be supporting NEO), is for access to the Red Pulse Bloomberg-like platform which can provide western traders with insights into eastern markets. As you guessed, these tokens will probably have some demand.
Red Pulse has a token RPX, that is power a brand new content production, distribution, and consumption platform focused initially on China’s capital markets. It is to create a direct-incentivization ecosystem facilitated by the RPX token, creating a global community of colleagues. RPX helps research consumers and producers be aligned with the increasing demand for China market insights, and thus benefitting from the rise of China's economy.
RPX will have a supply with nominal value USD 15,000,000. This represents 40% of the total RPX created.
Red Pulse Price
Red Pulse (RPX) price is available online on COIN360:
- Aggregation. Automated and manual collection of China market news and company specific developments. From hundreds of Chinese language websites, financial statements, and proprietary databases.
- Curation. China research analysts cull irrelevant information, moderate biased viewpoints, and highlight key market, sector, and company-specific developments that can lead to actionable decisions.
- Analysis. Selected market information is methodically assessed for relevancy, and further research and analysis is conducted to explain ultimate impact on markets, sectors, companies, and end investors.
- Production. Analysts and content editors fine-tune the analysis and produce polished output in the form of detailed yet concise chunks of insight, ready to be digested by customers for planning and investment decision making.