Genesis Shards
About Genesis Shards
Genesis Shards is a marketplace for pre-IDO tokens on NFTs.
Socials
  • Total Supply
    208,969,354

  • FDV
    25,076,322.48 USDT

Status
IDO
Past
Ended
Tokenomics
Created with Highcharts 11.4.1
  • Team: 12.5%
  • Advisors: 1.5%
  • Community: 17.3%
  • Exchanges & Market Making: 1.75%
  • Treasury: 14%
  • Ecosystem & Rewards: 21.25%
  • Dev Grant: 9%
  • Liquidity: 21.7%
About Genesis Shards

Genesis Shards is a decentralized ecosystem powered by Polkadot redefining NFTs as DeFi options, creating a permissionless environment of interchain liquidity for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens.

The Role of the $GS Token

The $GS token is the native utility token of the Genesis ecosystem. The token gets used for Genesis Access, Genesis NFTX, and plays a significant role in Genesis network governance. The various roles of $GS token in Genesis ecosystem:

Gen Access

$GS Tokens are required to be swapped for Genesis Access NFTs to be a part of the Genesis network. Based on the number of tokens held access tiers are decided to enable different access rights to its users.

Gen NFTX

$GS token is the native token on the NFTX platform allowing users to benefit from a reduction in Swap fees for tickets, access cards or Gen smart contracts.

Gen Governance

$GS tokens would provide governance rights to its members where they can vote on different proposals within the ecosystem. The number of tokens held would be a representation of voting power within the network.

NEW TOKENS

Illiquid tokens due to various reasons including interfering with IDO plan

NFT WRAPPERS

NFT wrapped liquid tokens that isolates circulating tokens. Enabling early price discovery and launchpad style crowd-sourced exposure

IDO

NFTs containing Pre-IDO tokens to be swapped for Post-IDO tokens
Funding rounds and IDO
Private
Past
Raised
N/A
Price:
$0.095
Tokens For Sale:
N/A
Platform:
N/A
Lock-up:
20% at TGE, thi...
Pre-sale
Past
Raised
N/A
Price:
$0.075
Tokens For Sale:
N/A
Platform:
N/A
Lock-up:
15 % at TGE, th...
Seed
Past
Raised
N/A
Price:
$0.05
Tokens For Sale:
N/A
Platform:
N/A
Lock-up:
0% at TGE, afte...
IDO
Past
14.04.2021 - 14.04.2021
Raised
$125K
Price:
$0.12
Tokens For Sale:
1,041,666
Platform:
polkastarter
Lock-up:

© Token Radar 2024. All Rights Reserved.
IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.