The functions of PortalBTC are expanding, laying a stronger foundation for independent finance. The team truly believes that participants are participants in the project, and wants to ensure that those who support a truly decentralized financial network, including partners, customers, and republic investors, can enjoy the development of the company just like the founders. By offering Portal ownership to the public, it is expanding the accessibility of its operations (and profitability) to a more general public.
His vetting process only allows 3 percent of startups to raise money on the platform, according to a statement from Republic. The stock offering will allow the public to invest in ambitious projects on the Bitcoin blockchain DeFi.
Portal CEO Eric Martindale said: "The signal in the storm is still strong-BTC is still the most likely candidate for building financial infrastructure in the future. As the BTC index continues to hit record highs, Portal will promote BTC-based infrastructure and traditional financial services. Continued decentralization, eager to bring in new rounds of investors."
Portal is poised to launch its testnet in the coming weeks as it conducts a RegD share offering through the Republic platform. It is building a complete censorship-resistant DeFi ecosystem on the BTC network.
While BTC is generally viewed as a digital currency, the PortalBTC network is being used as a rail for building multi-layered censorship-resistant financial applications. Every geopolitical event in the past year has reinforced the global financial system's need to resist scrutiny.
Support for Portal point-to-point atomic swaps adds true decentralization, enabling clients to trade native layer-one assets on different blockchains without delays, capital freezes, or bug detection.
Portal's second-tier and third-tier technologies not only expand BTC's cross-chain functions, but also simplify the one-click execution of building anti-censorship communication, media and cross-chain swaps on the Bitcoin blockchain. It promotes the off-chain execution of "smart contracts" such as asset issuance, swaps, mortgage loans, liquidity, derivatives, etc., all of which are point-to-point and do not require third-party custody or control.
Participation details
Investors from around the world, including U.S. residents and citizens, will be able to participate in the sale. They can choose to fund their purchases via fiat currency or BTC, USDT, USDC or ETH.
The number of investors is limited to 1900 people. Portal predicts that RegD will sell out soon.
About the Portal
Portal This is BTC-based DeFi. It minimizes the true cross-chain DEX through the first trust, and makes transactions unstoppable through anonymous, zero-knowledge swaps. It eliminates the need to forge wrapped coins (that is, forge wrapped coins (wBTC, wETH) or need to carry out risky chips with intermediaries. Portal, DeFi maintains anonymity in an open and transparent market, and becomes a service that anyone can provide, and its security model As powerful as BTC mining.
The second and third levels of Portal technology support the construction of anti-censorship communication, media and one-click cross-chain swap of BTC.
