Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Junior Hollow
on 09/05/2019, 09:16:05 UTC
What fees does Republic charge?

Investing on Republic is free for Investors.

Companies pay only if they successfully reach their funding goal: 6% of the total funds raised in cash, and 2% as a Crowd Safe.

Companies raising on Republic may also use the proceeds of their successful
financing to pay for the escrow agent and other transaction-related fees. Related: how much does it cost to launch a campaign?

Example using a Crowd Safe: Equity Startup, Inc. raises $100,000 at $10M valuation and hits its funding goal, effectively selling an equivalent of 1% of its equity. Republic takes $6,000 and Crowd Safe with a $2,000 face value (0.02% in an equity equivalent).