After Raising $8.5 Million From Private Investors, Portal Announces Republic.co Offering

Portal Network, a leading decentralized application development platform and publisher announced the launch of Republic.co on June 5th, 2018. This project is set to disrupt blockchain adoption by offering a one-stop destination for developers who want to build DApps from scratch with no red tape.

The “startup investment opportunities” is a startup that has raised $8.5 million from private investors. The company, called Republic.co, offers a digital asset exchange and trading platform for cryptocurrencies.

The 27th of October, 2021, in San Francisco, California,

Portal, a self-hosted wallet and real cross-chain Layer 2 DEX based on Bitcoin, is pleased to announce the launch of its public equity offering on Republic.co, a multi-asset investing platform that enables anybody to participate in vetted, private firms. The public auction will be held in mid-November. 

Portal is building a more solid basis for self-sovereign finance by expanding the potential of bitcoin. The team thinks that the project is made up of its participants, and they aim to make sure that those that help create a fully decentralized financial network, such as collaborators, users, and Republic investors, enjoy the company’s success as much as the founders do.

According to Republic, just 3% of businesses are approved to fundraise on the platform after going through their screening procedure. The public will be able to participate in an ambitious project that will create DeFi on top of the Bitcoin blockchain via a forthcoming share offering. 

“I’m weary of witnessing naïve customers be swindled into losing their money on unsecure systems masquerading as decentralized wünderkind,” Portal CEO Eric Martindale remarked. Portal can deliver on the promise of totally decentralized money by exploiting Bitcoin’s smart contract capabilities. Because the world is poised to acknowledge the potential of self-sovereign money in a huge manner, we’ll see massive amounts of money flow into Bitcoin. We want to provide a market where all digital assets may fairly trade in a trust-free environment, underpinned by Bitcoin’s security and price discovery.”

Coinbase Ventures, ArringtonXRP Capital, OKEx, Republic.co, Shima Ventures, LD Capital, NGC Ventures, Gate.io, Monday Capital, GenBlock, Taureon, MarketAcross, Autonomy Capital, Krypital, B21 Capital, as well as senior executives and founders from Ethereum, DFINITY, MobileCoin, Tether (USDT), Galaxy Digital, Bitcoin.com, Republic, Centre.io, Polymath, ternity,

Information on how to participate

The sale will be open to investors from all around the globe, including residents and citizens of the United States. They’ll be able to pay for their purchases in fiat, BTC, USDT, USDC, or ETH.

The number of investor spots is limited to 1,900 and will be filled on a first-come, first-served basis. The public sale is expected to sell out on the first day, according to Portal. 

Investors who want to be on the whitelist for the offering may do so now by filling out the Due Diligence Sign-up Form. However, signing up for the whitelist does not guarantee a position.

Portal Information

Portal is a DeFi platform based on Bitcoin. It makes DeFi unstoppable by enabling anonymous, zero-knowledge exchanges through the first truly trustless cross-chain DEX. It does away with minting wrapped currencies (such as wBTC and wETH) and dangerous staking via middlemen. With Portal, DeFi becomes a service that anybody can provide, while keeping anonymity in open, transparent marketplaces and using a security mechanism that is as strong as Bitcoin mining. 

Fabric Protocol is a Layer 2 and Layer 3 technology developed by Portal that allows users to create censorship-resistant communications, media, and one-click cross-chain exchanges using Bitcoin. 

Keep an eye on our social media platforms for all the latest information on the Public Sale!

Contacts

Republic.co is a crowdfunding platform that allows users to raise money for their projects by offering equity in their company. The company has raised $8.5 million from private investors and is now launching its service. Reference: republic crowdfunding.

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