Portal Offering on Republic.co
Hot on the heels of their $8.5 Million seed round announcement, and backed by some of the most prominent investors in the crypto-space, Portal is excited to announce a public offering through Republic.co.
Bitcoin represents the greatest opportunity for the average individual to fight back against the State, due to its accessibility. By making ownership of Portal available to the public, they are extending this accessibility of their operations (and profits) to the wider masses.
With the support of industry stalwarts, Portal is developing a self-hosted wallet and a cross chain DEX, with the goal of leveraging and improving the speed, security, and privacy Bitcoin already provides.
Eric, CEO of Portal, stated that “There are those running around hawking opaque financial schemes that suck in unsophisticated people. And there are those claiming decentralization when in fact they’re extremely centralized. They’re writing code to create systems to bring transparency and protect our sovereignty. By marrying the capabilities of Bitcoin’s smart contracts with Fabric’s L2, Portal delivers on the promise of a truly decentralized, transparent, self-sovereign system.”
Portal is laying the foundation for self-sovereign finance. The Portal team truly believes that the participants make the project, and they want to ensure that those who supported delivery of a truly decentralized financial network enjoy the growth of the company as much as the founders do.
Portal presents the opportunity for the independent users to determine for themselves the validity of verification. Ultimately it is the individual participants of the network who are empowered to participate in peer-to-peer trade, without the ability of centralized third parties to censor, set prices or control the network. Portal puts the power, ownership and control in your hands.
You can pre-register for Portal’s Equity Sale by completing the Due Diligence Signup Form. Signing up does not guarantee a spot.
Stay tuned to their social channels to catch all the updates regarding the Offering! Accredited US investors and KYC’d non -US investors can participate.
About Portal
Portal is an off-chain (“Layer 2”) app purpose-built to facilitate cross-chain atomic transactions. It is user-friendly and has the capability of offering numerous DeFi services. Users on Portal can experience the speed and liquidity of centralized alternatives with the trust minimization guarantees of Bitcoin. Portal makes DeFi unstoppable with anonymous, zero-knowledge swaps via the first true cross-chain DEX that’s genuinely trustless. It eliminates minting wrapped coins (ie wBTC, wETH) or risky staking with intermediaries. With Portal, DeFi becomes a service that anyone can provide, maintaining anonymity within open, transparent markets with a security model as robust as Bitcoin mining.
Portal also enables building many layers of functionality on Bitcoin and serves as the DEX through which these layered assets are traded against native Bitcoin.
The Portal Project is the first public Fabric-powered application.
📰 INFO
https://medium.com/portal-finance/portal-offering-on-republic-co-cadc56f900cd
