Genius is a new Store of Value token that is designed to be scarce, valuable, and to appreciate in value. It addresses the Store of Value industry (Gold, Bitcoin, Banking CDs / Time-Lock Deposits, etc.), which is worth over $25 Trillion. It is a system that creates value for people who hold (stake) the Genius token.
“Genius is a hyper-yield Certificate of Deposit, secured by the blockchain and driven by Artificial Intelligence (AI). Genius’s AI incentivizes user behavior to produce upward market trends that benefit all holders of Genius.”
NEWS UPDATE – May 10, 2022:- Legacy GENI makes another All-Time High price of $1.57.
- Market Cap is over $55 million.
- Over $1.3 million in liquidity (Uniswap v2 and v3, GENI/USDC)
- 24hr Volume: >$140k.
- Over $50 million has been sacrificed for the Sacrifice Event (Initial Token Distribution).
- Since the White Paper was released 5-6 weeks ago, the price of Legacy GENI is up 100x.
Initial Distribution- You can guarantee your spot with the initial token distribution either by holding the Legacy GENI “placeholder” token and/or by participating in the Sacrifice Event.
- The “placeholder” token was released in March 2021. It is an ERC20 with no special functionality; however, the official Genius will have the Store of Value AI and Staking functionality.
- To distribute the initial tokens fairly, a crypto “Sacrifice Event” is happening now and ending on June 1st, 2022.
- The initial supply of 240 Billion tokens will be distributed to participants in the sacrifice events according to the sacrifice rules. More information here: https://geni.us/sacnow
- A maximum of another 20 Billion Genius can be minted from holders of the Legacy GENI contract token. This is due to the remaining supply of the Legacy GENI token in circulation today (May 10th, 2022). The Legacy contract’s Ethereum / PulseChain address is: 0xaac1abdb4fb7a91a0e2e036dfacc45f708ed6a39
Token Basics vs. Bitcoin- Annual inflation: ~4.2% is paid to Genius miners (stakers). (Bitcoin is ~1.7%)
- Every day, Genius miners receive inflation rewards based on the amount of Genius and how long (in days) miners will lock up their Genius. (Bitcoin miners must buy expensive equipment and use lots of electricity.)
- Genius miners receive extra rewards from Genius mining stakes that liquidated, ended mining early, or ended mining late. (Bitcoin miners receive extra rewards from transaction fees.)
For more details on Genius’s tokenomics, check out the technical white paper (linked below).
Technical White Paper:
https://geni.us/smartcontract Telegram:
https://t.me/genicryptoTwitter (Community-Driven):
https://twitter.com/genicryptoYouTube:
https://www.youtube.com/c/GeniusTokenomicsWebsite (Community-Driven):
https://geniustoken.comFuture Decentralized App:
https://geni.app