The Republic Note is a first of its kind profit-sharing token that allows holders to share in Republic Core’s profits when startups and private equities in our ecosystem succeed. It will be available to purchase starting July 16, and we intend for it to be made widely available to both accredited and non-accredited investors in a tiered open token sale that capitalizes on Republic’s existing 700,000 members.
The Republic Note, which will launch on Algorand, pays holders when startups and private equities funded through certain Republic investment platforms get acquired or go public. We intend to make payment in stablecoin proportional to how many tokens a holder owns. Beyond payouts, holding the Republic Note will offer investor perks including investment vouchers, waitlist priorities, and other platform benefits across the Republic Ecosystem.
This communication may be used to help gauge interest in a potential offering of Republic Note securities by Republic Core LLC pursuant to Regulation A, which is an exemption from the registration requirements of the U.S. Securities Act. Please note that (i) no money or other consideration is being solicited hereby, and if sent in response, will not be accepted, (ii) no offer to buy securities can be accepted and no part of the purchase price can be received, until the offering statement for the potential securities offering is qualified by the U.S. Securities and Exchange Commission, (iii) any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance is given after the qualification date, and (iv) an indication of interest is non-binding and involves no obligation or commitment of any kind. No offer to sell any securities, and no solicitation of an offer to buy any securities, is being made in any jurisdiction in which such offer, sale or solicitation would not be permitted by applicable law
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