Anyone, anywhere can invest in newly-integrated startups in compliance with SEC
New York, NY — September 25, 2018 — Republic, the crowdfunding platform democratizing investment access to startups and blockchain projects, has announced the addition of new high-promise blockchain startups Nori and Quarters to its cryptocurrency platform, raising the total number in its portfolio to five. The new additions to Republic’s platform will increase access to investment in promising startups for both accredited and non-accredited investors, as well as venture capitalists, and provide companies with a crowdfunding alternative to the lengthy and complex Initial Coin Offering (ICO) process.
Republic CEO Kendrick Nguyen said: “Republic is dedicated to supporting a diverse range of high-potential startups from around the world and we are delighted to now offer our community access to two more such companies. By partnering with Republic Crypto, Nori and Quarters will now gain access to our SEC-regulated and direct-to-investor capital raising framework. These companies can also benefit from the fact that anyone, anywhere can invest in the startups supported by Republic; a key factor in achieving mass adoption and early startup success.”
Upon integration to Republic Crypto, the startups can begin the crowdfunding process, opening their companies up for investment from both seasoned and less experienced investors. Republic is registered with the U.S. Securities and Exchange Commission (SEC) and licensed with Financial Industry Regulatory Authority (FINRA), ensuring that the crowdfunding process is completed in an entirely compliant way.
Quarters is the universal gaming currency for video games, founded by 12-year-old cryptocurrency prodigy George Weiksner. With a single wallet, players can transfer their Quarters across various video games and platforms, instead of abandoning their tokens in one game in order to play another. Through its partnership with Republic, Quarters has already met its minimum fundraising goal.
Nori is a blockchain-based marketplace fighting climate change by incentivizing and verifying carbon removal from the atmosphere. Based in Seattle, Nori will be open to the Republic community with a minimum investment of $10 USD — the lowest amount on the platform. This gives anyone the ability to invest in the fight against climate change.
To date, 95% of the campaigns on Republic have been successful, and startups have raised millions of dollars in funding and doubled their userbases over the course of their campaigns. Republic institutes a highly-selective due diligence process, with just one out of every 30 startups that apply chosen to join the platform. While anyone can be an investor, Republic only selects startups that are exceptional in their mission and growth potential to support.
About Republic Crypto:
Republic Crypto is a token pre-sale platform for startups to raise capital and for everyone to participate in Legal Token Distributions aimed to democratize blockchain investing. Our highly curated platform hosts a diverse set of crypto offerings, with minimum investment amounts as little as $50. Anyone can invest in blockchain startups they believe in, for the chance to earn a return. Republic created the Token DPA as a way to give non-accredited investors access to security token pre-sales. The Token DPA subject to U.S. equity crowdfunding regulations, and is under the supervision of the U.S. Securities and Exchange Commission and the U.S. Financial Industry Regulatory Authority. To date, the acceptance rate of companies applying to fundraise on Republic is well below 5%, while funding success rate exceeds 100%. For additional information, please visit: www.republic.co @republiccrypto – www.facebook.com/joinrepublic.