English name of Token:Republic Protocol
Ticker of Token: REN
Chinese name of Token: 共和国协议
Country of Incorporation: British Virgin Islands
Investors:Key investors include Polychain Capital, FBG Capital, Block Asset Ventures, Signum Capital, Hyperchain Capital, Signal Ventures and Zero Proof.
Industry&Facts & figures: Decentralized dark pool exchange trading in cryptocurrency assets.
Although Republic has not yet launched its dark pool platform, it has attracted the investment of prominent strategic cryptocurrency funds and firm. These investors include market makers and liquidity providers that will help drive adoption and growth. Republic also has an active and rapidly growing community base, which currently includes: 13,700 on mailing list,15.8k on telegram group,1800 telegram channel,810 twitter.
Description of the project:
Republic Protocol is an open-source decentralized dark pool exchange. It facilitates cross-chain atomic trades on a hidden order book over the Ethereum and Bitcoin networks. Miners within the protocol run equation solving nodes to earn REN tokens and match orders without revealing the underlying trade until execution. This system creates a trustless trading system for large block orders enabling ERC20, Ethereum and Bitcoin pairs to be executed with minimal price slippage and provides protection from front-running.
Republic Protocol delivers mathematically-proven security and privacy until execution to dark pools, providing a system for investors and traders to exchange significant amounts of cryptographic assets.
Total available supply:1,000,000,000 (1 billion) REN
Tokens in circulation: 602,000,000 REN
Pre-sale start date: N/A
Pre-sale amount: N/A
Public sale start date: 2018/1/8
Amount raised in ICO: 35,000 ETH valued at approx. USD $30 million (as at 14 Feb 2018).
ICO price: 1 ETH = 17,200 REN. Not pegged to USD under token sale.
Token distribution:Proceeds will be distributed according to the following proportions
Business Development: 20%
Operational Expenses: 10%
Legal Expenses: 10%
Reserve Funds: 10%
Official site: https://republicprotocol.com/
This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.