Search content
Sort by

Showing 17 of 17 results by trimpo
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 16/05/2019, 05:04:34 UTC

Each company can customize its Crowd SDA, including or excluding certain provisions. Most include an interest rate and a minimum return multiple. If the Crowd SDA includes both an interest rate and minimum return multiple, the provision more favorable to the investor applies.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 16/05/2019, 00:58:17 UTC
If you wish to cancel or lower your investment, do so more than 48 hours before the announced rolling close date. You will get a refund like you normally would.
If you wish to increase your investment in the startup after the rolling close, you can do so, but it will be treated as a new investment
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 15/05/2019, 08:41:49 UTC
How does the waitlist work?

If the campaign reaches the maximum goal, no more investments can get accepted and all following investment commitments get added to the waitlist.

If one of the earlier investors decides to cancel or doesn’t fund their investment in time, the first person with the matching or lower desired allocation on the waitlist will get their spot.

For example, If space opens up for $1,000 and your waitlisted investment is $1,500, you won't get in, but the person behind you with a $900 waitlisted investment will get in, and the next person with a $100 waitlisted investment or less will get in as well.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 15/05/2019, 06:26:44 UTC
How do I know if my financials are GAAP compliant?

GAAP refers to "generally accepted accounting principles", an industry standard for reporting financial information. To fundraise using Regulation Crowdfunding, you must submit your financial statements in GAAP format.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 15/05/2019, 05:30:20 UTC
How does Flat Fee Attorney pricing work?

 By being affiliated with Republic, you get a special discount on Form C reviews through our independent attorneys we have partnered. How the flat fee is determined is explained below.

Number of Prior Issuances of Securities to Investors (Equity, Debt, SAFE, SAFT, etc.)
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 14/05/2019, 00:47:33 UTC
Finances, ensure that your financial statements, for the last 2 fiscal years are GAAP compliant. If you need assistance, we recommend using Kristine Rasmussen from Assure (krasmussen@assure.co) to prepare them in GAAP.
Once that is complete, please have your financial statements reviewed by a 3rd party CPA. We can introduce you to once if need be - note this is only for campaigns raising over $107,000.

Deal Page, you should start working on your offering page, remember we have templates on your onboarding page.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 14/05/2019, 00:24:27 UTC
The Token DPA allows investors to earn interest on the money they lend blockchain companies. With the value of principal of the loan rising due to interest and a promised discount on tokens, investors who hold a Token DPA can receive an advantaged rate on Tokens after a period of time, token distribution offering occurs and the company uses the money responsibility.

Companies provide check-points when investors can request to be paid back, in cash. It should be noted that payment can only be made if the company has retained assets sufficient to service the debt or made money.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 13/05/2019, 11:03:36 UTC
The Token DPA (Debt Payable by Assets) (“DPA”) is a debt security created by the Republic Crypto team specifically for token pre-sales. We've designed the Token DPA with unaccredited and international investors in mind, but we believe it's the best way to pre-sell tokens for any project and for accredited and unaccredited investors alike. Just as we created and open sourced the Crowd SAFE, we’re open sourcing the Token DPA with hopes that it becomes an industry standard to make investing easier and to help support the blockchain ecosystem more broadly. Feel free to send us an e-mail if you’re planning a token pre-sale or have already held one and want to build a larger, more inclusive network of non-accredited investors.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 13/05/2019, 09:09:30 UTC
Note: Standard Billing (per hour) includes $400 for an attorney, $150 for a paralegal, and $100 for a legal assistant. Flat-free pricing includes approximately 10 hours of legal review. Client may be billed based on the firm’s standard fee schedule for special circumstances. Any client work to be billed beyond the standard flat fee will require prior client approval and an applicable retainer.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 12/05/2019, 09:18:40 UTC
Financials: $1,000–$4,000
If your financials are not complex, you have been diligent with bookkeeping and you are organized expect this cost to be in the middle to lower range. If you already have GAAP converted financials your costs will be lower. If you have a licensed CPA on the team your costs can be $0. If you use professionals expect the bill to be sent once services are complete.
Video: $0
Spend as little or as much as you want. It’s up to you. Already have a video? Chances are you can use that for your campaign.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 12/05/2019, 06:19:13 UTC
How does a startup graduate to the home page?
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 11/05/2019, 08:38:06 UTC
How does my investment impact my taxes?

Did you invest in a Republic offering in the last year or before? Curious as to how your investment may impact your taxes? While Republic cannot give you tax advice, we will provide you with some general information and resources. We hope you find these guidelines helpful.

Tax liability is largely determined by what type of entity you invested in:

The first step is to determine whether you have invested in a C corporation or an LLC. You can find this information on each company's Form C, which is attached to the deal page offering.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 11/05/2019, 05:19:09 UTC
After the first annual company update, many companies will not be legally required to continue providing annual updates, others will not have to provide annual company updates after two or three years, therefore investors may not have access to current financial statements as they hold their investment.

Please note, that Republic can not be held responsible if the company fails to publish an annual report.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 10/05/2019, 10:50:28 UTC
How does investing on Republic work?
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 09/05/2019, 11:53:51 UTC
How do I know if my financials are GAAP compliant?

GAAP refers to "generally accepted accounting principles", an industry standard for reporting financial information. To fundraise using Regulation Crowdfunding, you must submit your financial statements in GAAP format.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 09/05/2019, 09:24:10 UTC
Are there any restrictions on incorporation type for companies fundraising on Republic?

C-Corporations and Limited Liability Companies (LLCs) can fundraise on Republic.
Post
Topic
Board Announcements (Altcoins)
Re: The Note - a digital token by Republic, a US company backed by Binance & Neo
by
trimpo
on 27/04/2019, 12:17:44 UTC
How to set up an Ether wallet?