Republic, a platform for startups to raise capital from accredited and non-accredit investors is launching a token called Republic Note. The Republic Note is a new kind of asset that shares profits when startups and private equities that raise with Republic later sell or go public. Republic will pay out dividends when the company makes over $2 million from certain revenue or a smaller amount up to the company’s discretion.
Why it matters: - Investing in startups and early-stage opportunities naturally come with greater risk profiles. This token acts as an index of every company that the Republic platform invests in. While this reduces upside, it presents a less risky and more diversified way to invest in early-stage companies. - Unfortunately, this token is currently only available for accredited investors. Still, the token only requires a minimum investment of $100 which may be appealing for investors unwilling to commit tens of thousands of dollars to venture funds.
