Genius X Expands to Arbitrum

May 31, 2023, Zug, Switzerland: Genius X, a business accelerator and launchpad for fully-vetted, early-stage blockchain startups, has expanded its services to Arbitrum blockchain with the long-term goal of becoming fully blockchain agnostic. Genius X will offer its unique accelerator services and expertise to Arbitrum-based startups, helping them to gain traction and scale their businesses. This expansion will also enable the Genius X community ($GENSX token stakers) to gain access to more promising Web3 assets.

Genius X is a revolutionary business accelerator program backed by the world-class team responsible for Genius Yield, an innovative all-in-one DeFi platform. Genius X empowers early-stage startups to build impactful and scalable blockchain-based companies that have the potential to bring positive impact on a global scale.

Arbitrum is a Layer 2 scaling solution for Ethereum, designed to enable fast and cheap transactions while maintaining compatibility with existing Ethereum contracts and tools. It uses an innovative approach called optimistic rollups, which allows it to achieve high throughput and low fees without sacrificing security or decentralization. Arbitrum is fully EVM-compatible, which means that developers can use familiar tools like Solidity and Truffle to build and deploy smart contracts on the platform. Additionally, Arbitrum has a user-friendly developer experience and supports a wide range of use cases, from very vibrant DeFi applications to gaming and NFTs. Overall, Arbitrum aims to improve the scalability and usability of Ethereum, while remaining true to the values of decentralization and open access.

With Genius X’s expansion to Arbitrum, users will get access to a wider range of assets and applications. By using its expertise on specifically DeFi use cases, Genius X aims to revolutionize the startup ecosystem on Arbitrum.

Genius X is particularly interested in Arbitrum Nova, which is expected to support ultra-low transaction costs, thereby providing new opportunities for developers and retail investors, and allowing them to diversify their Web3 portfolios.

As announced previously, Genius X has become blockchain agnostic, meaning that its services are not limited to a single blockchain. With this announcement, Genius X is proud to start providing advisory assistance on fundraising mechanisms, financial analysis, business strategy and operations, technical development, business development, and marketing to Arbitrum-based startups.

Genius X’s expansion to Arbitrum is a natural next step in our journey toward fostering growth and empowering innovation for blockchain-based startups, that will transform industries and society at large. The Genius X team is committed to continuing to provide new opportunities for retail investors, provide access to the growing crypto ecosystem, and allow them to diversify their Web3 portfolios.

This expansion also adds a potential new stream of passive rewards for all $GENSX holders, who will decide to stake their tokens on the Genius Yield’s Staking dApp.
– $GENSX token public sale is coming soon, follow Genius X social media channels to stay up to date! –