Taking into account all the drawbacks of existing market solutions, Republia presents its own ICO Platform. All elements of Republia ecosystem will be interrelated, as they will logically complement each other.For example, consensus will not allow to pass ICO, if such a project already exists in the system, since there is no need to create projects on the platform several times, taking into account narrow market. User account will show the requests of teams, wishing to conduct their ICO on the platform and supplement Republia ecosystem with their projects.
Republia ICO Platform is a place, where you can bring your idea to realisation without owning a huge capital and get a response from blockchain community. In addition to the above Republia ICO Platform operates in order to inspire users to new accomplishments in the industry, always pointing out inaccuracies during consideration of the projects for the purpose of further improvements.
Republia Bank
RPB coin is a main payment tool in Republia Bank, which is based on decentralized and transparent mechanisms. The smoothing volatility is a definite advantage of RPB along with other coins of the crypto industry, the goal was achieved by implementation of Republia Bank, which is the main component of the economic model of decentralized Republia ecosystem. Its main purpose is to smooth the volatility of RPB coin and two types of tokens released by Republia. Republia Bank combined principles of the Central Banks of countries familiar to us and innovative technologies. Republia Bank automatically regulates the volume of demand and supply on exchanges. Smoothed volatility is a result of a balance and an automated analysis of the market situation. Republia participants are an integral part of the stabilization of RPB coin, as the system offers them rewards for holding coins depending on the balance of demand and supply, which are formed from commission charges for the mining of RPB and reserve fund of Republia Bank. RPB cryptocurrency does not depend on top 10 cryptocurrency, this step provides support for the coin rate of exchange while the price of popular cryptocurrency is declining. Stability makes RPB coin suitable for both trading, long-term investments and for daily financial transactions. RPB is a cryptocurrency, which is a convenient payment tool for daily usage. Republia represents two generations of the bank - Republia Bank Classic and Republia Bank Next.
Republia Bank Classic
Republia Bank Classic will be functioning for the first two years of the ecosystem and then it will be transformed into Republia Bank Next, transferring part of functionality from the previous version. The main objectives of Republia Bank Classic are to reduce volatility in the first stages of operation and popularize the ecosystem in the industry. The tool for smoothing volatility, “Parking”, will also tolerate the transition to another stage, thereby dividing Republia Bank into two generations. This step provides users with an honest and voluntary system of holding funds with transparent payments.
Republia Bank Next
Taking into account high demand for payments after two years of operation of the system, Republia Bank Nex will be brought into operation. This project is a financial institution that will act as an investment bank in the real economic sector. Republia Bank Next will undertake a task of accepting payments and will act within the framework of European legislation in accordance with regulations of international banking standards. Users of the ecosystem are offered two types of banking: 1. Decentralized (when using a decentralized version, interest after two-year period will be lower than in the regulated Republia Bank Next). 2. Regulated in the real sector ( percentage deductions from “parking” of the second type will remain almost at the same high level, as in Republia Bank Classic ). In the addition to above, Republia Bank Next will provide quarterly reports, which will describe all investment activities.
REPUBLIA EXCHANGE
Republia Exchange is the main platform for exchange of assets and creation of liquidity for RPB cryptocurrency. Users can choose among two types of exchanges - Rialto and Emporium, the first one was represented with the help of implementation of Atomic Swap technology with the most popular cryptocurrencies from Top-20, its priority is complete anonymity when making transactions. Republia plans to achieve the same transaction speed in decentralized Rialto Exchange , as it happens inside decentralized analogues. Republia Exchange is a platform for making fast and secure transaction, which is ensured by Veracity System. Emporium provides an opportunity for the exchange and executions of transactions via internal Republia bank cards. When making a transaction by Republia debit card, certain amount of RPB coins will be sold under a market order and the transaction will be made faster, than via such popular payment systems as MasterCard or Visa, due to instantaneous operation of Atomic Swap.