Republic is uniquely positioned within the private investing ecosystem, leveraging its various partners, communities, and investors to scale and grow. R/Notes sit at the heart of the Republic ecosystem and capture some of its value.
R/Note allows investors to own a piece of the profits from certain Republic business lines. R/Note is backed by Republic Core's profit-sharing interests in select Republic portfolio companies. When these companies succeed, R/Note holders receive dividends.
R/Note is built on the Algorand blockchain, a blockchain with faster processing speeds and lower gas fees than traditional blockchains like Ethereum.
Quantstamp conducts smart contract, off-chain, networking, and front-end audits in order to enhance the security of decentralized applications. Quantstamp security monitoring software scans million of transactions per day to detect and respond to suspicious activity in different blockchains.
R/Note was designed for access control. Tokens can only be transferred to addresses that are registered on the access control list (transparently listed in the smart contract), and each of those addresses is associated with an identity. If R/Notes leave a wallet without permission, we can figure out where they went.
A cross-chain wallet with unique attributes.
Galaxy Interactive recently led a $36 million investment round into Republic, the parent company of R/Notes.
We are at the early stages of a multi-decade super-cycle of retail empowerment. Republic is at the forefront of this trend, and there is no team that better understands the intricate web of consumer tech, finance, and regulation needed to bring real innovation to the private investment space.
— Richard Kim, Partner at Galaxy Interactive
The Republic Note is the vessel for this unusual model, which aims to create a virtuous circle for investors — a successful equity investment by the Republic crowdfunding platform leads to dividends, interest or a liquidity event, which is then shared among Republic Note token holders.
Using tokens...companies can more easily fractionalize ownership of their businesses and sell pieces of equity while avoiding burdensome paperwork. For investors, the token’s easier transferability and potential for it listing on an exchange make it attractive...
Republic Core LLC (“Core”) provides technology and support services to OpenDeal Inc. and its affiliates (collectively, the “Republic Ecosystem”). Republic Note holders and as well as users of the site and services maintained by the Republic Ecosystem, regardless of and their activities on or relating to the Republic Ecosystem, are subject to the applicable terms of service, in their entirety. Republic Core receives revenues from certain clients which are distributable to Republic Note holders at pre-disclosed trigger events.
Core is “testing the waters” with respect to the sale of Republic Notes under Regulation A of the Securities Act. The “testing the waters” process allows companies to determine whether there may be interest in an eventual offering of its securities to qualified purchasers under Regulation A. Core is not under any obligation to make an offering under Regulation A. No money or other consideration is being solicited for an offering under Regulation A at this time and, if sent, it will not be accepted Core may choose to make an offering to some, but not all, of the people who indicate an interest in investing, and that offering may or may not be made under Regulation A. For example, Core may choose to proceed with its offering under Rule 506(c) without ever conducting a Regulation A offering, in which case only accredited investors within the meaning of Rule 501 will be able to buy Republic Notes If and when Core conducts an offering under Regulation A of the Act, it will do so only 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 any test-the-waters materials and could differ in important ways. Prospective investors who are interested in participating in the Regulation A offering must read the offering statement filed with the SEC, when that offering statement becomes publicly available No money or other consideration is being solicited at this time in connection with any potential Regulation A offering and, if tendered, will not be accepted. No offer to buy securities in a Regulation A offering can be accepted and no part of the purchase price can be received until an offering statement is qualified with the SEC. Any offer to buy securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance is given after the qualification date. Any indication of interest in Core’s offering involves no obligation or commitment of any kind.
* Figures used in the chart are presented to the best of the Republic Core's knowledge and in certain circumstances are rounded or estimates. Please refer to offering memorandum to view the finalized amounts and all relevant disclosures, disclaimers and any updates related to such figures.
This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.
All funding-portal activities are conducted by OpenDeal Portal LLC doing business as Republic, a funding portal which is registered with the US Securities and Exchange Commission (SEC) as a funding portal (Portal) and is a member of the Financial Industry Regulatory Authority (FINRA). OpenDeal Portal LLC is located at 335 Madison Avenue, 16th Floor, New York, NY 10017, please check out background on FINRA’s Funding Portal page.
All broker-dealer related securities activity is conducted by OpenDeal Broker LLC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, and a registered broker-dealer, and member of FINRA | SiPC, located at 1345 Avenue of the Americas, 15th Floor, New York, NY 10105, please check our background on FINRA’s BrokerCheck.
Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.
Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, which may be restricted to only Accredited Investors or non-U.S. persons, may invest in offerings hosted by OpenDeal Broker.
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Investors should verify any issuer information they consider important before making an investment.
Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.
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