Anatolii Lobanov

Republic Note is Republic's own digital security, a profit-sharing token with finite supply, the R/Note is poised to bring profit to the people by distributing dividends when select portfolio companies succeed.

Republic is a leading alternative investment platform that gives individual investors access to a wide range of opportunities including early-stage startups, growth-stage/pre-IPO technology companies, crypto, e-sports and video games, real estate and Main Street investments.The Republic ecosystem has facilitated over $500 million in investments from more than one million global community members from more than 100 countries around the world.

Republic is uniquely positioned within the private investing ecosystem, leveraging its various partners, communities, and investors to scale and grow. R/Notes sit at the heart 
of the Republic ecosystem and capture some of its value.

R/Note allows investors to own a piece of the profits from certain Republic business lines. R/Note is backed by Republic Core's profit-sharing interests in select Republic portfolio companies. When these companies succeed, R/Note holders receive dividends.

R/Note is a profit-sharing digital security that gives investors a derivative right to the economic upside of some parts of the Republic ecosystem.

When certain companies have an exit that generates cash proceeds, a portion accrues to R/Notes.

Once these allocations reach $2M in aggregate, pro-rata distributions will be made to all holders of R/Notes. Future distributions will be made every time the $2M threshold is met (or earlier at the discretion of Republic Core.)

No more than 800 million R/Notes will ever be minted, and 30% of them are locked until 2023. Because supply is finite, if demand for R/Notes rises, then their value may rise.

R/Note is a new kind of asset that gives holders a share in the Republic platform’s success.

* – Circulating at launch includes all issued Republic Notes that will be circulating at the initial token distribution, assuming the initial Republic Note token distribution takes place later this year.

R/Note is built on the Algorand blockchain, a blockchain with faster processing speeds and lower gas fees than traditional blockchains like Ethereum.

Quantstamp conducts smart contract, off-chain, networking, and front-end audits in order to enhance the security of decentralized applications. Quantstamp security monitoring software scans million of transactions per day to detect and respond to suspicious activity in different blockchains.

R/Note was designed for access control. Tokens can only be transferred to addresses that are registered on the access control list (transparently listed in the smart contract), and each of those addresses is associated with an identity. If R/Notes leave a wallet without permission, we can figure out where they went.

A cross-chain wallet with unique attributes.

Currently supports Algorand- and Ethereum-based tokens, with plans to expand to other chains in the near future.

A self-custodial (also called a non-custodial) wallet which means that only the user has access to the private key

If the user’s wallet password is lost or corrupted, Aikon and Republic can cooperate to securely decrypt the password copy, but neither can do this independently.