What is a Sharedrop?
First, let's establish what an airdrop is. An airdrop is a promotional tool used by companies to "drop" things of value on to prospective users to increase visibility and marketability of that thing.
At Republic, we've applied this concept to the securities laws to allow companies to "drop" equity or the right to equity to their users and supporters. Like an airdrop, participants aren't required to pay to receive the dropped item, but instead they contribute value through personal identifiable information and the network effect of using or holding the good.
Republic is the first place to provide the ability for companies to conduct Sharedrops to unaccredited investors, using the Regulation Crowdfunding framework.