2018-10-2 23:30 |
Republic Crypto Adds Nori and Quarters to its Crowdfunding Platform
The crowdfunding platform known as Republic Crypto has decided to add the blockchain technology companies Nori and Quarters. In this way, there are now five blockchain-based start-ups on the VC platform.
This is very positive since individuals that decide to donate money will be investing in these blockchain companies. That means that both Nori and Quarters can now receive funds from interested investors that want to create a better future of technology.
Republic Crypto’s CEO, Kendrick Nguyen, said that the company is working in order to support different startups from all over the world.
On The Matter, He Commented:“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 director-to-investor capital raising framework.”
These companies will be benefiting from the fact that everyone interested in these technologies and projects can easily invest in them. This is something very important for the crypto space if it wants to increase adoption and improve development.
Republic Crypto is a company that has received licenses by the U.S. Securities and Exchange Commission (SEC) and FINRA. Businesses can raise funds in the crypto space in a very easy way through this platform. This allows companies that want to raise funds to avoid issuing tokens to the market, something that is known as Initial Coin Offerings (ICOs). The regulatory agencies in the United States classified tokens as securities.
Interested investors can start to place their funds in these companies and many others with investments that start with just $10 dollars. With platforms such as Republic Crypto, investors can actually buy a small percentage of a company in just a simple few steps.
Not all the companies listed on the platform are going to be worth trillions of dollars, but some of them could eventually reach good valuations. If the investor purchased 0.001% of a company, it could receive an interesting profit in the future.
Blockchain technology and AI have the real potential to disrupt almost every single industry, and they are starting to do so in many areas.
Quarters has its own gaming token that was created by 12-year-old George Weiksner. The intention is to become the universal token for the gaming industry, which generates over $137.9 billion dollars each year.
QUarters is working so as to establish itself as the default gaming token that would be used to make in-game purchases and microtransactions.
NORI, instead, is a token that aims at reducing Carbon Dioxide in the air. It will be removing 1 ton of Carbon Dioxide from the environment for every NORI token sold. NORI, for example, was able to achieve 81% of its $50,000 dollars goal, while QUarters was able to receive more than the $100,000 dollars requested.
Other companies such as Kickstarter and IndieGoGo, do not give investors any stake in the companies that they invest in. At the same time, these platforms were hit by different scandals that reduced the trust users put on them.
Republic Crypto is able to establish a good reputation and providing investors and startups with the possibility to close deals in a transparent way. This would certainly have a positive impact on the whole crypto industry.
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