Republic's Profit-Sharing Digital Security on Avalanche (INX Exchange - KYC) on Dec 6th 2023.
DYOR Supporting Articles/Videos. Not Financial Advice:
Altcoin Daily Interview. Title: “MOST Excited I’ve Ever Been” | Crypto Broker INX Makes HUGE Announcements (Republic Crypto). https://www.youtube.com/watch?v=3BU6HMVy8Cg&pp=ygUVQWx0Y29pbiBkYWlseSBhbmQgaW54
Blockworks. Title: Republic lists profit-sharing digital security on Avalanche. https://blockworks.co/news/republic-profit-sharing-security-avalanche
Coindesk. Title: Republic to List Profit-Sharing Digital Security Token on INX Next Week. https://www.coindesk.com/business/2023/11/29/republic-to-list-profit-sharing-digital-security-token-on-inx-next-week/
Paul Barron. Title: SEC Approved Tokens Launching on Avalanche December 6th🚨
https://www.youtube.com/watch?v=u1Yqt-Iiqzk
Summary:
We are changing the direction of this channel by focusing exclusively on tokenized security moving forward along with Bitcoin and Ethereum. I watched an Alt-Coin Daily video the other day, and they interviewed several of the founders of INX a few months ago. Also checked out Paul Barron Network and his discussion with John Wu of Ava Labs. So I will also be discussing Avalanche as well on the channel because they are well positioned in this digital asset market working alongside the big banks like JP Morgan and Citi.
So what is INX. It is a crypto exchange that lists cryptocurrencies and regulated securities. Pretty much the first well, kind of because Bittrex tried to do the same thing but the government told them not to and forced them to shut-down. But you don’t have to worry about INX because they have regulatory approval from the SEC to do whatever the heck they want. Now what is coming to the INX exchange soon is the Republic Note. Republic is a crypto investment platform firm that caters to high-net-worth investors. Some notable people include Randi Zuckerberg, Chamillionair who is the most low key smartest rapper because he does not put his business out there. This guy always invests. And I like people like that. You also have Tim Draper and Naval Ravikant. Now this Republic token will be available to KYC’ed non-accredited investors worldwide on December 6 on the INX exchange.
Now according to David Shack, the head of marketing at Republic, the Republic Note is backed by over 750 private companies and assets already in the Republic portfolio, including Space X, Dapper Labs and Kiarna, just to name a few. This means and in quote, that any companies that raise capital on Republic’s retail investment platform or from Republic Capital, their venture arm become part of the Note Portfolio.
So what does this mean for you guys, the average guy or girl on the street? Well you can participate in the pool and purchase the security as well without having a crazy net worth of 1 million dollars. Therefore any user, you or me who purchases the Republic Notes, is entitled to hold a share of the divided pool that grows when a Republic portfolio company has a profitable exit event. Now I am not sure how this will play. Hopefully, it works out for Republic, and I think it will. But not financial advice to you guys, I am just presenting the news. The note comes out on the 6th of December, so I will keep a watch for the first week to see how it performs.
Now how or why are you incentivized to hold on to the note in the first place?! The way it works is when one of their companies from Republic has a liquidity event such as a dividend payment or other cash-generating occurrence, profits flow into a Republic Note dividend pool. Every time the pool reaches $2 million from my understanding, Note investors get USDC dividends sent to their digital wallets. So if you are familiar with Ethereum or the Neo Token, it is like earning gas. “The Republic Note’s listing is not just a milestone for Republic – it represents a shift in the landscape of private equity," says co-founder and CEO Kendrick Nguyen. He says further “Owning even one Republic Note can unlock an important new level of accessibility, transparency, and liquidity to private equity.” Now to everyone listening to me, the path to the Republic Note’s listing has garnered a significant amount of interest, raising over $30 million from Binance and the Avalanche Foundation as well as individual investors in a private sale before the listing, according to sources. Since 2016, Republic has deployed over $2.6 billion into privately held ventures, according to the release. Republic became one of the first platforms to allow private companies to raise capital from nonaccredited investors through Regulation Crowdfunding. So if you guys ever wondered who was funding some of these big crypto projects, well here you go. And though Binance is facing regulatory hurdles at the moment, I don’t know how their position in this equity investment will be impacted whether they have to sell their stack but with CZ out of the way and the new CEO having ties to the World Economic Forum, I think the new Binance is okay.
-
6:27
Adam Does Movies
12 hours agoThe Watchers Movie Review - Is It Worth Watching?
3.98K2 -
7:58
TENET Media
11 hours agoWhat Happened To Dave Chappelle? | Benny Johnson & Roseanne
13.7K23 -
7:33
Chrissy Clark
9 hours agoANOTHER Anti-Conservative Political Persecution
13.2K5 -
3:31:12
SNEAKO
6 hours agoSNEAKO X AKADEMIKS X ZHERKA
74.6K45 -
2:22:57
Fresh and Fit
7 hours agoWhat Women THINK Men Want Debate w/ Girls
89.7K102 -
3:31:00
GoodLawgic
6 hours agoThe Following Program: YSL Case EXPLODES When Defense Counsel Is JAILED
21.8K10 -
8:20:15
Akademiks
11 hours agoYB sends message from Jail. Drake new song. Post Beef Report? Kendrick show in LA? YSL Trial wild!
112K17 -
43:38
Bright Insight
16 hours agoYou Won’t Believe This Disturbing Gobekli Tepe Update
98.7K245 -
18:06
Stephen Gardner
7 hours ago🔴Nancy Pelosi's lies FALL APART as J6 video confession LEAKS!!
39.1K127 -
1:48:28
Kim Iversen
9 hours agoCourt Rules Covid Vaccines Are NOT Vaccines, Kim Listed On New Ukraine "Enemies List”
62.5K208