The CryptoKitty craze brought some attention to the world of non-fungible tokens, but what else is possible for this type of crypto asset? OpenSea co-founders Devin Finzer and Alex Atallah want to foc…
Trusted Token-based Fundraising With Republic
Zach had an interesting discussion with Kendrick Nguyen, a co-founder of Republic, a company that enables non-accredited investors to purchase equity in startups. One of their focuses is crowdfunding of cryptocurrency-based and blockchain-based companies.
With hopes to become the industry standard for crowdfunding in this space, Republic puts its money where its mouth is, using token tech to power its platform. Kendrick was enthusiastic, with a lot to say:
Republic hopes to become the Amazon of crypto fundraising
Just as Amazon is the “standard” platform for electronic commerce for much of the world, Republic aims to cement a position as the platform of choice for crypto-based startups to raise funds from a variety of investors, whether they are accredited or non-accredited.
Republic provides rigorous vetting of companies
Over 90% of all applications to be listed as a startup seeking funding on Republic are rejected. Republic selects only those companies that it has thoroughly inspected. Campaign pages have lots of information for potential investors to comb through to make sure their money is put to good use, including white papers, decks, and videos.
Republic wants more people to learn about cryptocurrencies
Kendrick was bursting with enthusiasm for cryptocurrency. He knows there’s lots of anxiety and confusion in the crypto space, but he believes that crypto and blockchain technology are here to stay. He encourages listeners to buy at least a few dollars of a cryptocurrency as a way of dipping their toes. It’ll be a fun learning experience!
- Republic hopes to become the Amazon of crypto fundraising
- Republic provides rigorous vetting of companies, and
- Republic wants more people to learn about cryptocurrencies