
Genesis Shards GSPrice N/A
GS Price
General Info
Contracts/Explorers:
Ethereum
Funds and Backers
Genesis Shards (GS) Chart
IDO
14 Apr 2021 — 14 Apr 2021
Raised
$ 125.00K
Price:
$ 0.120
Tokens For Sale:
1,041,666
Platform:
N/A
ATH ROI:
25.43x +2,443%










What is Genesis Shards (GS)?
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
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