Republic Protocol (REN) is live

[Anonymous No.11248679]

For those who know how to differentiate a shit post and a good post in 4chan, this is for you:

in about 1-2 weeks, Republic Protocol (REN) will allow ANYONE to run a node, which costs like 3K now.

All the whales who will be using the platform (billionaires, VCs) are the ones actually buying up the nodes so they get a fee back for their OWN order. There is a guy in telegram who showed he has 71 nodes!

So +80% of the supply will be locked while these whales run the nodes as they are trading millions in BTC, ETH, ERC20 tokens.

Look at the partnership they just announced last week (left image)

It's very hard to find tokens that have real utility. I mean usefulness right now, that is solving a real problem. What even more rare is a project that is a first-mover, providing incentives to the network, AND solving a real problem.

Bitcoin, Ethereum, and a small group of other tokens including Republic Protocol, are doing real work in a space filled with promises and maybes.

Its refreshing and obvious when I stumble upon pragmatic projects.

[Anonymous No.11248695]

Read this:

This partnership represents a maturation for digital asset markets and is a significant first step in developing quality decentralized solutions to address inefficiencies within the current OTC market.

Wyre will be providing liquidity to RenEx and serve as a Key Liquidity Partner with Wyre’s OTC trading desk. Having ample liquidity is a necessary component for any dark pool to thrive and we believe this arrangement will only complement our two projects. By virtue of providing liquidity to RenEx, Wyre will be participating in Republic Protocol’s Liquidity Incentive Program, which consists of a revenue sharing agreement emanating from RenEx dark pool fees.

Wyre will be providing KYC integration services to RenEx. Know Your Customer (KYC) is a compliance reality that the decentralized finance world must move towards and we are setting precedence by partnering with an industry leader. Check out Wyre’s recent blog covering the importance of proactivity here.

Wyre will assist in onboarding OTC traders to RenEx through Wyre’s broker services. Wyre will use its existing network to ensure a new cohort of OTC traders can gain exposure to and have easy access to RenEx. Check out Wyre’s OTC infrastructure here.

[Anonymous No.11248700]

>>11248679
So why do you shill it on biz?
From the goodness of your heart?

[Anonymous No.11248699]

>>11248679
Classic shit post

[Anonymous No.11248719]

nice try pajeet

[Anonymous No.11248721]

You do your own research and act accordingly. Shilling is different than an informative post.

<-- partnerships ... look at the first 2!
I have been in this space for 4+ years and have never seen a project with actual utility of its tokens, incentive to lock up, <20million market cap, mainnet already live, partnership with huobi, etc...

[Anonymous No.11248731]

>>11248719

Not sure what this means but okay.

they have launched their platform, they have been announcing solid partnerships with like Huobi, FBG capital, Polychain, ..

anyways, you make your own decisions. ignore this and move on

[Anonymous No.11248734]

>>11248699

No problem, thanks for reading!

[Anonymous No.11248790]

>>11248700

It certainly doesn't need any promotion but look at these pics I took right now on Huobi.

Picture 1/1

[Anonymous No.11248800]

>>11248700

Picture 2/2

Also check out the wallets on etherscan.. clear pattern is obvious... people with like 2 million dollar on their ether scan are buying this right now.

[Anonymous No.11248884]

>>11248719
>Zhang/whang
>Pajeet

The absolute state of /biz/

[Anonymous No.11248905]

What's your price prediction OP?

[Anonymous No.11248914]

>>11248679
>it's very hard to find tokens that have real utility.
>never describes its utility

[Anonymous No.11248923]

>>11248679
shitcoin. ops bags are heavy.

[Anonymous No.11248924]

>>11248884

This is the difference between this project. It's being picked up by the news and giant websites as not a "crypto" project but the first DARK POOL EXCHANGE in the world which solves every single problem that dark pools set up by gold man sachs etc have..

i hope you guys read this and do your research

[Anonymous No.11248961]

>>11248905

There is a very nice valuation analysis on this token but look at the picture I attached (very good scenario basis)

1 node right now costs $3000
2020 revenue /node: 64k
2021 revenue / node 164k
2022 revenue /node 301k

here is the article, it also talks about the absolute worst scenario .. the post is from June, since then they announced HUGE partnerships like WYRE and now yesterday they announced teaming up with USDT.

[Anonymous No.11248976]

>>11248923
>>11248914

Difference between my posts and yours is that I am explaining and providing information, links, etc. and you are making a random claim with 0 reasons

If you have an actual counter-argument share it. Otherwise if you don't please move on.

[Anonymous No.11249021]

>>11248914

If this is a genuine question, id be happy to answer it for you.

https://medium.com/@JamesTodaro/republic-protocol-analysis-and-valuation-7ebef4b3c4f9

[Anonymous No.11249022]

>>11248976
My argument is that you have no argument. You didnt even say what the coin does. just BUY NODES MOON SOON! This sounds like a ponzi scheme. If a coins only purpose is to obtain more of itself then its a ponzi.

[Anonymous No.11249053]

>>11249022

This is EXACTLY what this project is not about. This is NOT another blockchain, a new ethereum, a new vechain, this is EXACTLY the opposite of hyping and dumping.

PLEASE read this so you don't regret when you look back at this post

Read this: https://medium.com/@JamesTodaro/republic-protocol-analysis-and-valuation-7ebef4b3c4f9

In the year 2017, a total of 2T USD in digital assets was traded on public exchanges. As we approach the close of Q2 2018, over 4.5T USD has already traded this year. Conservatively, we project that about 8T USD in digital assets will be traded on exchanges by the end of 2018. Of note, these numbers do not include the unreported off-exchange volumes traded in OTC deals. Based on our market analysis, we perceive the last three years as periods of exceptionally rapid expansion of the digital asset sector. It is not reasonable to assume that the annual trade volumes will continue to grow at the rate shown in the chart above. If it did, the annual trade volume of digital assets would approach the 100T total annual trade volume of equities in 2019 and far surpass it in 2020.

[Anonymous No.11249081]

>>11249053
Ok I skimmed the article. Its a decentralized exchange. Wow. Who cares. There are hundreds of those. Then its got some unproven claims about privacy. I find that highly doubtful based on how large zero knowledge proofs are and the fact that its hosted on ethereum.

[Anonymous No.11249102]

>>11249081
dont waste your time and bumb up this pajeets street shitting fest anon.

this braindead faggot is shilling worthless dex ico bags in peak bear market ON BIZ, imagine being this retarded

[Anonymous No.11249107]

>>11249081

This is not another decentralized exchange. That one article brings up 3-4 of what makes REN set up for success.

That's fine, I respect your decision, please move on. Just don't claim that this is like IDEX

[Anonymous No.11249122]

>>11249102

no problem :) i kind of hoped my post would not attract people like you but i failed at that. no worries. this is just for those who know how to differentiate posts on 4chan

[Anonymous No.11249136]

>>11249107
Then what is it pajeet? Why cant you answer a simple question?

[Anonymous No.11249188]

OP has really been polite the entire thread inspite being called names.
I am going to do some research.
At first glance it does not seem promising though.

[Anonymous No.11249209]

>>11249188
Politeness doesnt mean its a good coin. He keeps skating around my question which is a huge red flag. Those holo cucks do the same thing.

[Anonymous No.11249221]

>>11249136
>https://medium.com/@JamesTodaro/republic-protocol-analysis-and-valuation-7ebef4b3c4f9


It's a DARK POOL (like the one goldman sachs) runs)

Republic is utilizing secure multi-party computations and a cryptographic concealment scheme known as Shamir Secret Sharing. Additionally, zero-knowledge proofs are used to verify the secure multi-party computations which occur without revealing underlying information to the computing parties or other observing parties,

Additionally, 3rd parties will also be able to launch their own darkpool exchanges that utilize the Republic Protocol darknodes

Prior to the matching process, each order is fragmented and encrypted whereby no underlying information is able to be discerned. Once orders are matched, assets are manually swapped via Republic Protocol’s decentralized exchange network. The asset exchange is then settled on the blockchain of the underlying assets (i.e. settled on the native blockchain of the digital assets that were traded). Once the asset swap is publicly initiated, this information becomes observable and can be identified by examining the underlying blockchain.

The Republic Protocol is able to limit this attack vector by requiring all traders to post bonds in REN as collateral for each order they open. This bond requirement places nefarious actors at risk of significant capital loss


** DO YOURSELF A FAVOR AND READ THEIR PARTNERSHIP WITH WYRE *** this tells you who is going to be behind this.

https://medium.com/republicprotocol/republic-protocol-partners-with-wyre-1ccdedaa296d

[Anonymous No.11249267]

>>11249209
>>11249188

I never post here and never will. Again, there are people here who can detect these posts as opposed to useless posts.

>>11249209
If you need more info about Dark Pools, read this, this tells you everything about REN

https://medium.com/the-ocean-trade/what-is-the-republic-protocol-and-ren-138a04c7898d

Look at the image too.

Again, for those of you not interested just move on. After being in this space for 4+ years awaiting institutional money, i have never seen a project like this, specially with FBG Capital and Polychain.

[Anonymous No.11249278]

If each order is fragmented there is more gas spent, right?
Who pays the gas and how? Is it taken from the 100k collateral or does the node operator pay for it with his ETH?

[Anonymous No.11249298]

>>11249221
A dark pool is an exchange. You just cant see who is trading what. Its still a decentralized exchange.

And its only dark if they can actually get their cryptography to work, which is a huge maybe. Do you realize that a monero transaction is 13KB in size? Thats going to cost like 400 dollars to store on ethereum.

[Anonymous No.11249405]

>>11249221

>requiring a special token in order to trade!
>$20m marketcap; in aggregate, if everybody was trading and not speculating (lol), they could support $20m of "bonding" to ensure fairness.

they will pivot the token model. guaranteed.

[Anonymous No.11249452]

>>11249102
>>11249081
nice fud, just bought 100k

[Anonymous No.11249485]

>>11248679
is this true op. I've read ur post(s) and I'm gonna do more research but this seems pretty legit. Wish it was on binance lol

[Anonymous No.11249514]

>>11249485

That was announced 1-2 days ago. TUSD has a lot of OTC connections.

They have partnered with Huobi and listed there. Binance will be a matter of time. But again, the point is to find out about these projects before they are shilled on twitter and listed everywhere!

[Anonymous No.11249523]

>>11249405
I actually invested in this project. Just enough to secure one node plus a bit extra just in case. Some fool spilled it a while ago and I decided to do my own research as his shilling kinda caught my attention. It seems so far the only people accumulating are those hoping to run nodes. We will see how this project will really go in a few weeks once the mainnet stabilization period goes. So far it seems quite promising.

[Anonymous No.11249526]

>>11249452

Also to add: Ren Protocol will be used by other exchanges and dark node holders still benefit even if its OTC ran by another exchange this is HUGE. So Huobi has OTC for example. Look at the picture.

Like REN protocol can be utilized by goldman sachs who is already running multiple dark pools.

Sorry have to go. Thanks for those of you who read these and provided some insight.

Cheers

[Anonymous No.11249702]

>>11249526
I already got nodes don't let me FOMO in again

[Anonymous No.11249898]

>>11249702

I also started with only 1 node and bought more and more after researching

people buying this are not looking forward to sell and are big players not playing on a daily basis..

[Anonymous No.11250106]

>>11249898
Exactly this. I could only secure one node though. You richfags with more than one node will be happy if the roi ends up being good. I hope they have a nice list of institutions waiting to use their dark pool service.