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    Republic Protocol

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    ›Republic Protocol
    Republic Protocol (REN) ICO

    Republic Protocol REN

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    The first and only open protocol providing access to cross-blockchain liquidity for all decentralized applications.

    Details
    The token is traded on the market $0.009 +3.33% #1122 Trading
    Trade:   ByBit ByBit Gate.io Gate
    Project Metrics
    Market Cap
    $8.56 M
    FDV
    $8.57 M
    Circ. Supply 999.33 M 99.93%
    Total Supply 1,000.00 M
    Volume 24h 758,534 -8.54%

    Back2Crypto Score  Score

    Hype
    --
    Risk
    --
    ROI
    --

    Performance REN

    1h +0.63%
    24h +3.33%
    7d +13.91%

    Sentiment Bullish

    Fundraising Statistics

    Return on investment
    USD ROI
    0.15x
    REN Price
    $0.01 +3.33%
    ICO Price
    $0.056
    Funds Raised
    $33.78 M
    Sold %
    65.20%
    Tokens Sold
    651.99 M REN

    Investors

    Polychain Capital Polychain Capital Tier 1
    BlockVc Tier 2
    FBG Capital FBG Capital Tier 2

    All investors and fundraising rounds

    REN Converter

    Republic Protocol (REN) ICO RENRepublic Protocol
    USDUSDCUSD Coin
    Republic Protocol
    Basic Information
    Ticker
    REN
    Blockchain Network
    Ethereum
    ICO Token Price
    0.056 USD
    Available for Token Sale
    8.6%
    Total Tokens
    1.00 B REN
    Role of Token
    Utility
    ICO Date:   3 February 2018
    Trade Launch Date:   31 December 2018
    Official Resources
    Smart Contracts
    Ethereum Ethereum  
    • Schedule and Investments
    • News
    • Description

    Short Review Republic Protocol

    Crypto project Republic Protocol (REN) is classified as a Trading. Republic Protocol is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.00 B REN (Circulating Supply + Tokens yet to be released - Burned Tokens). (8.6% of total tokens) have been allocated for the public sale.

    Republic Protocol ICO Overview

    Estimated date for the public token sale: 3 February 2018. Republic Protocol (REN) price during the token sale: 0.056 USD. Min/Max Personal Cap: 0.01 ETH / 1 ETH. You can purchase project tokens for ETH

    Residents of the following countries will not be able to participate in the public sale of tokens: USA

    Tags

    DeFi Infrastructure Multi-Chain Platform

    REN Price Chart

    The launch of REN token trading took place on 31 December 2018.

    Important! All information including our Interest Level rating, is provided merely for informational purposes. Back2Crypto.com does not provide investment advice.

    Fundraising Rounds

    Total sold 651.99 M REN tokens (65.20% of total tokens). Total amount of funds raised by the Republic Protocol project is $33.78 M.

    Investment Round Date Price Funds Raised
    Public Sale February 2, 2018 $0.0561 $4.83 M
    Private Sale January 28, 2018 $0.0513 $28.95 M

    Republic Protocol Investors

    Polychain Capital Polychain Capital Tier 1
    BlockVc Tier 2
    FBG Capital FBG Capital Tier 2
    HTX Ventures (previously Huobi Ventures) Huobi Ventures Tier 2
    Infinite Capital Tier 3
    HyperChain Capital --
    Limitless Crypto Investments --

    Republic Protocol News

    Republic Protocol project news in real time.

    Tweets by Republic Protocol

    Republic Protocol (Ren) cryptocurrency

    Ren is an open protocol that enables interaction between blockchains. He launched RenVM, which is the main network of the machine. Back in 2020, the company raised $34,000,000 during its ICO.

    An important goal of the project is to improve the accessibility of DeFi by removing the barrier to interblock liquidity.

    REN is a platform token. It acts as a link for nodes that activate RenVM.

    History of the Republic Protocol project

    Tatian Zhang and Long Wang are the authors of Ren. They created it in 2017 and announced it in 2018, talking about a “decentralized dark pool.” Ren is good for a variety of use cases, but it is primarily designed to overcome barriers to entry and investment for decentralized finance companies.

    RenVM, which we mentioned earlier, is a network of computers that is a virtual machine.

    Ren benefits

    1. Distribution of commissions. The fees charged for internal transactions are paid to the miners. Gas fees are used to facilitate transactions.
    2. Technology. Ren offers technology for connecting different blockchains. Users can exchange any asset between any two blockchains without having to go through intermediate steps (such as using wrapped tokens).
    3. Experienced team.

    Disadvantages of Ren

    1. Competition. Ren's ideas are already being used in other projects, which creates competition. There are many crypto concepts on the market, and it is difficult to move forward while some projects are better invested or popular.
    2. Little known. Considering it launched in 2018, the Ren community is not that large, making it difficult for the project to promote its ideas and products.
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    Republic Protocol
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