Great news Republia (RPB) hodlers. Yesterday, the Republia group officially published the news about the recent merger with Paxnet. The signing of the said joint venture was done last November 22, 2018.
Republia said, " PaxNet is one of the leading companies in the Korean market, there is also a media channel in its group. The total number of users in PaxNet has 6.5 million users, the media group has up to 12 million television connections. Also the company’s assets are traded on the stock exchange. Exchange KOSDAQ. Since the merger took place, the Republia Group and PaxNet created a joint venture, PaxChain, which is registered in the Republic of Korea. In the near future, the sites and the name of the project will be updated on — PaxChain. The project will be developed on the Asian market, first of all on the Korean market, also PaxChain team will focus on the European market. Collaboration with the companies giants and the government is already planned. Korea is a very fast-growing market that opens doors for the blockchain, which is why the management of the Republia Group decided to merge with PaxNet. Since the project is fully funded by PaxNet, Public Sales will not be carried out, as this will not be necessary. PaxChain will have two offices — in Seoul and in Kiev. Thanks to the merger of Republia and PaxChain team, big changes are coming in the field of Blockchain technology!"
This recent announcement, is very much advantageous to all pre-sale participants and of course bounty hunters. More updates and changes are coming 2019 and beyond.
Connect with Republia now!
Telegram: https://t.me/republia_official
Twitter: https://twitter.com/Republia_Group
Facebook: https://www.facebook.com/republiaofficial/
Reddit: https://www.reddit.com/user/Republia_Official
Steemit: https://steemit.com/@republia.group
YouTube: https://www.youtube.com/channel/UCG3GhBOmWfbfhlgjRcPAIqg
GitHub: https://github.com/republia
Bitcointalk: https://bitcointalk.org/index.php?topic=4841968
Source: Republia blog
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