Republic is the third largest equity crowdfunding portal in the U.S. and the owner of the largest U.K. portal, Seedrs. In March of 2021, they launched the “Republic Realm Metaverse Real Estate Fund” available exclusively to a handful of accredited investors. In December of 2021, they launched a Test the Waters (TTW) Regulation A campaign to open it up to all investors. It was incredibly popular and maxed out the entire $75 million reservation max in a very short time.
The fund primarily focuses on buying up virtual real estate in NFT games like Sandbox, Axie Infinity and Decentraland. After purchasing the land, the idea is to hold it long-term, while continuing to develop it into virtual shopping malls, event spaces and other communities. These types of communities can accrue ‘rent’ similar to real estate and provide ongoing income to the fund. This means investors in the fund get dividends like a normal real estate investor would, and as the metaverse land accrues in value, they can eventually sell for a big payday.
What likely attracted that $75 million in investments, however, is the fund's incredible performance. Between its initial March launch and the December Regulation A raise, the fund returned 145% on invested capital.
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