Republic Announces Its Token - The Note

NEW YORK, April 8, 2019 /PRNewswire/ -- Republic, a regulated investment platform backed by AngelList, Binance, and East Chain Co., announces the launch of its own digital token, the Note. Accessible even to those without a digital wallet, the Republic Note rewards users, investors, and partners for activities taken on the platform. 

Notes are earned through specific actions and provide users with a range of perks, such as early access to coveted investment opportunities, invitations to exclusive events, and free Republic merchandise. Republic aims to eventually link the Note to Republic's equity interest in every company successfully raised on Republic - past, present, and future - allowing holders to have a stake in the upside potential of its entire portfolio on an evergreen basis.*

Its token is part of Republic's effort to drive the adoption of blockchain technology among the general public by wrapping a token economy around a traditional asset or business model, such as its own.  "The degree of fractionalization and automation enabled by blockchain technology will one day allow everyone to buy in and share the growth and success of private businesses, from tech startups to movies to soccer leagues," comments Leo Galley, co-founder and co-head of Republic's tokenization project. Startup investing is transforming from siloed pools of capital into an interconnected, international ecosystem, with transactions small enough for anyone, anywhere to participate. In this new environment, Republic's core tenets of compliance, collaboration, access and inclusion are particularly resonant. 

For more information and to claim your Notes, visit www.republic.co/note.

About Republic:
Founded in 2016, Republic operates a family of businesses, including an investment platform that provides retail investors around the world with compliant access to curated startups and blockchain projects. To date, the acceptance rate of companies applying to fundraise on Republic's crowdfunding portal is well below 10%. Republic recently expanded beyond crowd investing with the introduction of Radar (a platform that connects founders with noted venture firms), a Republic syndicate on AngelList, and a tokenization advisory service, each as an independent business operation.

For more information about Republic, please visit: www.republic.co @joinrepublic www.facebook.com/joinrepublic.

The legal framework for the Note's economic rights is currently under development, and such rights are neither guaranteed nor promised at this time. Although the Note may not at this time constitute a "security" under our view of applicable laws and regulations, Republic is conforming to the standards of  testing the waters under Regulation A of the Securities Act of 1933, as amended ("the Act").  This process allows companies to determine whether there may be interest in an eventual offering of its securities.  Republic is not under any obligation to make an offering under Regulation A.  Republic may choose to make an offering to some, but not all, of the people who indicate an interest in investing, and that offering may not be made under Regulation A.  For example, Republic may determine to proceed with an offering under Rule 506(c) of Regulation D, in which case we will only offer our securities to accredited investors as defined by Rule 501(a) of Regulation D.  

If and when Republic conducts an offering under Regulation A, it will only do so once (i) it has filed an offering statement with the Securities and Exchange Commission ("SEC"), (ii) the SEC has qualified such offering statement and (iii) investors have subscribed to the offering in the manner provided for in the offering statement.  The information in the offering statement will be more complete than the test-the-waters materials and could differ in important ways.  You must read the offering statement filed and qualified with the SEC. No money or other consideration is being solicited for our Regulation A+ offering at this time and if sent in to Republic will not be accepted.  No offer to buy securities in a Regulation A+ offering of Republic can be accepted and no part of the purchase price can be received until Republic offering statement is qualified with the SEC.  Any such offer to buy securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date.  Any indications of interest in Republic offering involves no obligation or commitment of any kind.

Press Contact:
Jenna Guarneri
JMG Public Relations
212-206-1645
[email protected]

SOURCE Republic

Related Links

http://www.republic.co