NEW YORK, Nov. 10, 2017 /PRNewswire/ -- Cryptocurrencies and blockchain technologies have seen monumental growth in public awareness, with billions of dollars invested this year alone. Yet, to comply with securities law, blockchain investment platforms in the US generally can only accept wealthy, accredited investors. Republic, originally spun out of preeminent startup investing and networking platform AngelList with the mission of making startup investing accessible to the general public, is changing that with Republic Crypto.
Republic Crypto's first product, Republic Genesis will make it possible for credible teams to get the funds and guidance they need to successfully launch their blockchain project and eventual token sale. On our tested platform, blockchain enthusiasts from anywhere in the world, both accredited and unaccredited, can legally finance promising projects in exchange for future tokens.
The cost of running an ICO can exceed $1M. Through Republic Genesis, blockchain startups can fundraise that cost and, at the same time, provide their early supporters with discounted early token access, while enabling them to invest with their credit or debit card, Bitcoin, self-directed IRA, or bank account. Beyond their Republic Genesis campaigns, blockchain startups can look to our team for advice on the entire ICO process, from SAFT structuring to vendor selection. In recent months, the team behind Republic Crypto has advised several high-profile ICOs, presented to the SEC, and briefed Congress on related regulatory considerations.
Republic plans to announce its first Genesis offering in the coming weeks.
For more information, please contact our product team at [email protected].