Ren: A Realistic Price Prediction 2021 Bull Run! | Clear Signals
This video talks about the defi coin ren and it's price predictions for the year 2021. The price prediction of ren shown in this video is taken into consideration by evaluating factors like the total market cap, the total supply and the use case of this token.
The Republic Protocol
When Zhang heard about Ethereum, he decided it would be the best platform to build what would eventually become the solution to the OTC problem: the Republic Protocol.
Given that Wang had extensive experience coding distributed database technologies, even creating his own coding language for blockchain-like technologies, Zhang invited him to work on the project. Wang immediately realized that there was a second issue in the cryptocurrency space: a lack of blockchain interoperability.
The REN ICO
In 2018, the Republic Protocol launched two rounds of initial coin offerings (ICOs) for the Republic token (REN). The first was a private ICO which took place in late January of 2018 and raised a handsome 28 million USD. The second ICO, this time public, was held a few days later in early February and raised a modest 4.8 million USD.