Genesis Shards
GS

$0.00989491

-34.03%
  • Market Cap
    $115,460.005
  • 24 Hour Trading Vol
    $49,631.325
  • Fully Diluted Valuation
    $2,067,732.676
  • Circulating Supply
    12,030,988
  • Total Supply
    208,969,354
  • Max Supply
    208,969,354
Genesis Shards
Genesis Shards on Polkadot uses $GS for access, NFTX fee reductions, and governance, enabling pre-IDO liquidity.
Socials
Category
DeFi
Genesis Shards Converter
GS
1 GS = $0.00989491
GS Statistics
  • Genesis Shards Price
    $0.00989491
  • Trading Volume
    $49,631.325
  • Market Cap
    $115,460.005
Genesis Shards Price Chart (GS)

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24h
7d
30d
3M
1Y
YTD
-34.03%
+146.67%
+43.64%
+30.89%
-0.97%
+31.50%
About Genesis Shards

Genesis Shards is a decentralized ecosystem built on Polkadot, reframing NFTs as DeFi options and establishing a permissionless layer of interchain liquidity for pre-IDO tokens. By tokenizing time-locked fungible assets as NFTs, Genesis Shards is developing a market for tokens that were previously hard to trade.

The Role of the $GS Token

The $GS token serves as the native utility token within the Genesis ecosystem. It is used for Genesis Access, Genesis NFTX, and is also an important element of governance across the Genesis network. The different uses of the $GS token across the Genesis ecosystem:

Gen Access

$GS Tokens must be exchanged for Genesis Access NFTs in order to join the Genesis network. Access tiers are determined by how many tokens a user holds, which in turn grants different rights to those users.

Gen NFTX

$GS is the primary token used on the NFTX platform, letting users receive reduced Swap fees for tickets, access cards, or Gen smart contracts.

Gen Governance

$GS tokens grant governance privileges to members who can vote on proposals throughout the ecosystem. The amount of $GS held reflects the voting power each member has in the network.

NEW TOKENS

Tokens that remain illiquid for different reasons, including those that interfere with the IDO plan

NFT WRAPPERS

NFT-wrapped liquid tokens that segregate circulating supply. This supports early price discovery and provides crowd-sourced visibility similar to a launchpad.

IDO

NFTs that hold Pre-IDO tokens, designed to be swapped for Post-IDO tokens
Genesis Shards Markets
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