Creator Economy

$6M for REPUBLIK to boost their creator platform

October 12, 2023
Image from REPUBLIK

Creators, here’s REPUBLIK! This Singapore-based gamified platform uses Web3 tech to help creators earn from community interactions.

Investor check. OKX Ventures, 6th Man Ventures, Arcane Ventures, CMS Holdings, Comma3 Ventures, Define Ventures, Enjin, FBG Capital, HTX Ventures, Mirana Ventures, Oracles Investment Group, Signum Capital, Sora Ventures, and UOB Venture Management joined the round!

👾Here comes Web3

REPUBLIK uses Web3 tech to streamline the monetization for creators—which they claim helps their creators take home a larger share of their earnings. 

But they don’t just support creators, REPUBLIK values their user community too. 

  • Everybody wins? Their token-based reward system gives points (XP) to users (and creators!) for interacting with content, referring friends, and staying active on the app.
  • Apart from that, creators also earn XP when users ‘like’ their content. 

How it works. More points get you more $RPK tokens, which are delivered through scheduled airdrops. 

🪙 Some more detail

REPUBLIK has a total of 3B $RPK tokens, with 38% dedicated to rewards and utility. 

  • Creators on the platform include streamers, musicians, dancers, and more!

💸 What’s with the $$$?

They’ll improve their platform and develop more web3 creator tools in the blockchain.

  • Their platform is currently in beta.

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