Connect your wealth
« Wealth management has never been so simple and transparent »
The digital solution that facilitates and secures the financial advisory profession while strengthening ties with clients.
The most comprehensive responsible savings and investment tool on the market.

Download and build the future together 📱

thumbnail_Ledgity_Platform_1_dc6fbe5d65.jpeg

Ledgity_Platform_1_dc6fbe5d65.jpeg

thumbnail_Ledgity_Platform_351417cc64.jpeg

Ledgity_Platform_351417cc64.jpeg

Ledgity

<p style="margin-left:0px;">As we are approaching the end of 2023, the Genius X team would like to share with you all a review of 2023 from our own perspective, as well as our plan and the roadmap for 2024. We always appreciate your companionship and support since the birth of Genius X, and would love to involve you more in our thinking and planning.</p><p style="margin-left:0px;"><strong>TL;DR</strong></p><ol><li><strong>Despite the challenging 2023, Genius X has achieved several milestones:</strong></li></ol><ul><li>&lt; 25% portfolio failure rate, compared to 90% for general startups</li><li>Completion of the Multi-Token ISPO on our end</li><li>Launch and monetization of Genius X Launchpad</li><li>Launch of $GENSX token</li><li>Blockchain-agnostic expansion with exposure to new EVM business</li><li>Strategic expansion to other crypto hubs such as Dubai</li></ul><p style="margin-left:0px;"><strong>2. With a positive vision on the market for 2024, Genius X is eyeing the following growth opportunities and plans:</strong></p><ul><li>Continue to improve the success rate of the accelerator portfolio</li><li>Plan for $GENSX staking reward distribution in Q1 2024</li><li>New Cardano devs community growth in under-tapped markets like Asia</li><li>Launch new product lines such as Genius X Advisory Services</li><li>Explore strategic partnerships to scale up Genius X Accelerator</li><li>Explore potential synergies between Genius X Launchpad and Genius Yield’s DEX</li><li>Build new connections and businesses in new crypto markets such as the Middle East and Asia</li></ul><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*Te4WBEMh_LqCOjtr" alt="" loading="lazy"></p><p style="margin-left:0px;">First, we want to clarify again the nature of Genius X — it is created as a venture-accelerating powerhouse for Web3-based startups. Our goal is to support early-stage startup projects throughout their development journey. Similar to VC (Venture Capital) investment, venture acceleration is a probability game — meaning a large number of projects you support will fail, while you aim to generate a substantial level of return from very few successful ones.</p><p style="margin-left:0px;">Statistically, startups have as high a failure rate as 90% (<a href="https://www.luisazhou.com/blog/startup-failure-statistics/"><u>source</u></a>), due to the nature of this business. When it comes to the VC industry, at least half of the portfolio of an average VC fund loses them money, while the enormous return (like &gt; 3x of investment cost) comes from only 5% of their portfolio (<a href="https://techcrunch.com/2017/06/01/the-meeting-that-showed-me-the-truth-about-vcs/"><u>source</u></a>). Venture acceleration tends to be a bit more extreme as it usually deals with more even earlier-stage projects.</p><p style="margin-left:0px;">2023 was a tough year for the whole Web3 industry, where we see the project failure number peaks, while the new project number bottoms. Additionally, many Web3 investment funds have run out of capital as their existing portfolios are not delivering returns during the venture bear market. Almost everyone is at loss on their books. This has created a significant level of challenge to new entrepreneurs and venture builders.</p><p style="margin-left:0px;">Despite that, we at Genius X have never stopped building through the tough days. As a result, we are very happy to see quite a number of achievements in our current accelerator program, where we have seen:</p><ol><li>Less than 25% projects have had to cease operation before launching product and token;</li><li>Approximately 25% projects have already shipped products and been generating initial revenue, such as Maestro, FluidTokens, Dropspot, and Ledgity, despite a challenging market that has restricted their development;</li><li>The rest of more than 50% projects have still been building and moving towards the product launch stage, despite all the difficulties they have to manage during the bear cycle; and</li><li>2 out of the 3 winners during the 2023 Cardano Summit “Battle of the Builders” competition are our accelerator projects, namely Maestro and zkFold.</li></ol><p style="margin-left:0px;">In addition, we have also delivered and continue to deliver on the following initiatives during 2023:</p><ol><li>Completing our part of the work regarding the Multi-Token ISPO</li><li>Hosting 2 token sales on the Genius X launchpad (after which we decided to slow down the launchpad business expansion due to negative market conditions)</li><li>Tokenizing Genius X through the $GENSX token launch</li><li>Building initial traction in other ecosystems than Cardano (i.e. Arbitrum, Polygon) for capturing additional growth and value opportunities for our project</li><li>Expanding Genius X team’s physical presence to Dubai which is a vibrant crypto hub in the world</li></ol><p style="margin-left:0px;">As we see the marketing has recently started turning, and a number of macro parameters (macro economy, Bitcoin halving, Bitcoin spot ETF applications, institutional adoption, etc.), moving towards the positive direction, we expect that our accelerator startup projects will all benefit in 2024–25, potentially with substantially improved business performance and value.</p><p style="margin-left:0px;">During 2024, we are looking at the following focus areas and strategic priorities for Genius X:</p><ol><li><strong>Improving success rate and impact of the Genius X accelerator projects </strong>— the challenging bear market has caused a lot of delay and slow-down for all startup projects that are in lack of resources. But for those who continue to build and take their project forward, we will continue our support for them to reach the product and launch stage.</li><li><strong>Plan for the $GENSX staking reward in the form of accelerator project tokens and launchpad revenue share in Q1 2024</strong> — although we do not see the current reward pool in this form has been mature enough (as many projects have not seen the best market condition to launch their tokens, or deliver concrete value component to their tokens yet), we will still plan to start the reward distribution at an initial, level scale, because we understand that this is well expected by our community.</li><li><strong>Contributing to onboarding new developers to Cardano</strong> — a fundamental problem with Cardano today, that we have observed, is the lack of new developers / project builders over the last 1–2 years. Recently, we have seen a huge lack of new projects on Cardano, except for those launched by the same Founders of existing projects. This is not healthy for the organic growth of the ecosystem. Moreover, we have also noticed that Cardano is extremely under-represented today in some crypto startup-rich regions, such as Asia (particularly Greater China and India), while many other blockchain foundations / official stakeholders are active in growing their developer community there. If we can bring new developers and entrepreneurs to Cardano through such organic growth, they would be directly fed to the Genius X accelerator pipeline. Genius X will start a series of initiatives to contribute to Cardano developer community growth, with a few examples in our plan:</li></ol><ul><li><i><strong>Cardano developer community growth out of Hong Kong</strong></i> — recently, we have jointly submitted a Catalyst proposal together with <a href="https://www.gimbalabs.com/gimbalgrid"><u>Gimba Labs</u></a>, a reputable Cardano education group) and <a href="https://www.wafflecapital.xyz/"><u>Waffle Capital</u></a>, a dedicated Cardano DeFi investment fund based in Hong Kong, for a plan of systematically growing the Cardano developer community there. Hong Kong attracted $1.7 billion crypto startup funding in 2021, ranked only after the US and UK (<a href="https://www.linkedin.com/pulse/top-20-countries-ranked-blockchain-investment-2021-colangelo/"><u>source</u></a>), due to its crypto-friendly regulation and access to the large population of Asian crypto developers and entrepreneurs. Cardano currently has very low penetration there, left way behind other blockchains such as Ethereum, Polygon, Solana, BNB, Avalanche. We hope to receive community support for <a href="https://cardano.ideascale.com/c/idea/113090"><u>this proposal</u></a>.</li><li><i><strong>Cardano ecosystem partnerships for developer support</strong></i> — we will aim to strike partnerships with other Cardano-native organizations, stakeholders, and contributors for organizing systematic programs to take more developers through the venture building funnel — such as developer workshops and hackathons, which will bring more ideation-stage projects to acceleration-ready stage.</li></ul><p style="margin-left:0px;"><strong>4. Launching diversified product lines to adapt to the market </strong>— typically, venture accelerators only deal with early-stage projects. However, in running the accelerator program, our team came across from time to time the demand from more advanced projects, for limited support in certain area(s) instead of a full acceleration process. In response to that demand, we will consider launching more diversified product lines such as a flexible Advisory business, tailored to the needs of specific projects. Examples are light service packages just for Marketing Campaign &amp; Business Development support, or just for Fundraising support, to projects at the right stage. This is also expected to allow for Genius X to capture additional revenue opportunities on the market.</p><p style="margin-left:0px;"><strong>5. Strategic partnerships to scale up the Accelerator program </strong>— as a general matter, venture accelerator is mostly a corporate- or investor-sponsored business model. Dedicated external funding support can effectively scale the accelerator business and grow its value potential, particularly when the bull cycle comes. Our team will be exploring different possibilities with external investors, and other types of partners that have intention and financial budget to participate in Web3 venture building businesses.</p><p style="margin-left:0px;"><strong>6. Developing new value propositions of Genius X launchpad by potential synergies with Genius Yield’s DEX and other partners </strong>— Genius X launchpad is positioned as a platform for retail investors to purchase tokens of crypto projects in which they see a value growth potential. As the crypto funding market continues to evolve, we have realized the need for more diversified ways of public funding for crypto projects, besides a simple priced (by project) token sale on a launchpad. Given the upcoming launch of our sister project Genius Yield, we will be exploring new ways of public token sale / token funding manners by potentially creating unique synergies between Genius X launchpad and Genius Yield’s DEX, as well as other potential partner projects having certain form of token staking infrastructure.</p><p style="margin-left:0px;"><strong>7. Building new connections and networks for potential new growth opportunities beyond our previous reach of geography and communities</strong> — Genius X has been based in the West with our main networks and communities located in Europe and the Americas. However, with the increasing popularity, crypto-friendly regulations, as well as the crypto user and developer population base in certain locations in the Middle and Far East, we foresee new opportunities of growing the Genius X business, and its value by creating a solid footprint in those locations. Dubai is the first step of our global expansion journey with one of founding partners officially relocated there recently, while more vibrant markets are on our roadmap, such as Singapore, Hong Kong and potential South &amp; Southeast Asia. We aim to bring both developers and capital into Cardano, as well as grow our own footprint strategically beyond Cardano to create extra value for the project.</p><p style="margin-left:0px;">To summarize all of the above: we at Genius X have been consistently building and taking this project forward despite the challenging bear cycle, with a number of milestones achieved compared to the industry norm and the nature of the industry we are in. For 2024, we anticipate a relatively positive movement of the general market conditions, and are therefore prepared for further business growth and value achievements, through a series of growth and expansion strategies. Once again we highly appreciate the continuous support of our community, and their understanding of what we have seen, experienced, and are planning forward.</p><p style="margin-left:0px;">Finally, we wish you all a Merry Christmas!</p><p style="margin-left:0px;">The Genius X Team</p>

Genius X

Genius X Summary of 2023 and Growth Plan for 2024

<p style="margin-left:0px;">Since the first month of rewards release in August on Tosidrops, there have been some changes and developments in the projects involved and we want to provide some clarifications and news in this regard:</p><p style="margin-left:0px;">Genius X facilitated an Initial Stake Pool Offering (ISPO) for 5 projects, called Multitoken ISPO acting only as a platform to provide ADA stake pools infrastructure and management, and marketing services within its accelerator program. The variable rewards in ADA generated during the ISPO were solely directed toward the participating projects, as a part of their financing mechanisms. Genius X doesn’t have any ownership or custody of the MISPO reward tokens; the execution of the distribution is managed by each respective project and it is under their exclusive responsibility.</p><p style="margin-left:0px;">Some users have noticed recently the absence of some tokens, and in this update we would like to gather some public information about each project and their token distribution, but it is also important to encourage you to follow them on X or other social media to keep up to date, and ask them directly about the token distribution if you have any doubts or concerns about it. MISPO projects are startups, and it is common for planned events or decisions to change. Roadmaps may be adapted to new plans, or unforeseen difficulties may arise, especially for projects that have been trying to build over the last 1–2 years of bear market, when resources to startups have become scarce to an extreme level.</p><p style="margin-left:0px;">The summary of the current situation is:</p><ul><li>Drunken Dragon $DG: is distributing rewards regularly.</li><li>Reach Metaverse $REACH is distributing rewards regularly. It’s important to mention that they have stopped the development due to the lack of funds, while they are looking for a partner to host their existing product. More info in their Discord <a href="https://discord.gg/aSrMJWEbyf"><u>HERE</u></a></li><li>Outlaws Drawl $HYN: Tosidrop faucet wallet ran out of tokens some days ago, and they need to top it up. We have reached the team and HHMC founder has told us that he’s facing some personal challenges that are preventing him from devoting the necessary time and attention to this task but he’s committed to taking care of it when he has the opportunity.</li><li>Ledgity $LTY: they have halted the distribution via Tosidrop due to the release of a new token (and new tokenomics) as part of an expansion plan that includes the launch of Ledgity Yield Protocol, a multichain treasury management solution on stablecoin backed by RWA. The TGE of the new token $LDY was initially planned for October, but they have rescheduled the launch date to early 2024. This is considered as a result of the new time horizon of their launch campaign, which has been actively running over the last month that can be seen on their social media. They have informed that LTY token holders will be able to claim their Cardano-based $LDY, directly on their website in due time. More info is available on their Docs <a href="https://docs.ledgity.finance/tokenomics/early-investors"><u>HERE</u></a>.</li><li>Smart Places $SMART: The TGE is planned for late this year or early 2024 because their team has always targeted to match the token launch to the App launch. The path towards the App launch has been communicated by them on their social media and community channels, including the release of certain demos. More details on their Discord <a href="https://discord.gg/smartplaces"><u>HERE.</u></a></li></ul><p style="margin-left:0px;">As a general thought to wrap up: Genius X is an accelerator and provides the tools needed not only by connecting them to relevant strategic partners but by providing technical mentorship and business guidance as well. Support and advice are necessary but not sufficient conditions for the achievement of success. The success of the start-up depends on their founders’ diligence and effort, their work ethic, commitment, business and tech development skills, the market, access to funds, the normal and unforeseen risks of doing business, and many other factors. We trust that our accelerator participants will fulfill their dreams and bring joy and earnings to the holders but being realistic, some may fall by the wayside because that’s what the <a href="https://www.luisazhou.com/blog/startup-failure-statistics/#"><u>statistics</u></a> show.</p><h1 style="margin-left:0px;"><strong>About Genius X</strong></h1><p style="margin-left:0px;">Genius X is a business accelerator and launchpad for fully-vetted, early-stage blockchain startups. Our mission is to create a more decentralized and inclusive future built by the brightest minds utilizing blockchain technology. The Genius X program helps ambitious founders turn their visions from startups into impactful and scalable solutions that add value by leveraging blockchain technology. We accelerate the most promising startups by providing advisory support in areas such as marketing, business strategy, token design, and fundraising, giving them the edge to become successful.</p><p style="margin-left:0px;">The Genius X Advisory Program onboards professionals who provide consulting services to Genius X Projects founders and teams under the Genius X Accelerator program.</p><p style="margin-left:0px;"><i><strong>Startups</strong></i> <i>interested</i> <i>in joining the Genius X Accelerator program can get in touch and apply</i><a href="https://y0vs1o4twew.typeform.com/to/pFrsjsZo?typeform-source=1otu7zz4rfi.typeform.com"><i><u> here</u></i></a><i>.</i></p><p style="margin-left:0px;"><i><strong>Venture</strong></i> <i><strong>Capital / Accredited Investors — </strong>Contact us</i><a href="https://y0vs1o4twew.typeform.com/to/VTzh7IET"><i><u> here</u></i></a><i>.</i></p><p style="margin-left:0px;">Visit our social links below:</p><p style="margin-left:0px;"><a href="https://www.genius-x.co/"><u>Website</u></a><strong> |</strong><a href="https://discord.gg/FCybXF5CeG"><u>Discord</u></a><strong> |</strong><a href="https://t.me/geniusX_official"><u>Telegram</u></a><strong> |</strong><a href="https://t.me/geniusx_announcements"><u>Telegram Announcements</u></a><strong> |</strong><a href="https://twitter.com/OfficialGeniusx"><u>Twitter</u></a><strong> |</strong><a href="https://www.youtube.com/channel/UCaPoXxROOpDb9waSGSKFkbw"><u>YouTube</u></a><strong> |</strong><a href="https://www.linkedin.com/company/genius-x"><u>LinkedIn</u></a><strong> |</strong><a href="https://medium.com/@GeniusXOfficial"><u>Medium</u></a></p>

Multitoken ISPO Update

<figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding-top:9px;vertical-align:top;"><figure class="table" style="float:left;"><table><tbody><tr><td style="padding:0px 18px 9px;vertical-align:top;">Over a year ago, the Genius X Accelerator program was born. Since then, the Genius Team has worked tirelessly to help numerous startups grow. Despite extremely challenging market conditions, we have successfully onboarded and supported over 10 startups, including&nbsp;<a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=bb2ed4dd6a&amp;e=ce8f6f0d93"><u>Maestro</u></a>,&nbsp;<a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=93de1a38a4&amp;e=ce8f6f0d93"><u>Fluid Tokens</u></a>,&nbsp;<a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=0c57df958f&amp;e=ce8f6f0d93"><u>Ledgity</u></a>,&nbsp;<a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=4744ab701f&amp;e=ce8f6f0d93"><u>Dropspot</u></a>, and many&nbsp;<a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=588bbe2499&amp;e=ce8f6f0d93"><u>more</u></a>!<br><br>Now the time has come to take the next step - we're happy to announce the launch of the <strong>$GENSX Token Public Sale!</strong></td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding:30px 18px;"><figure class="table"><table style="border-top:2px solid rgb(234, 234, 234);"><tbody><tr><td>&nbsp;</td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding:0px 18px 18px;text-align:center;vertical-align:top;"><figure class="table"><table style="background-color:rgb(255, 79, 110);"><tbody><tr><td style="padding:17px;text-align:center;"><a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=72eefa6af3&amp;e=ce8f6f0d93"><strong>GO TO RED KITE</strong></a></td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding:0px 18px 18px;text-align:center;vertical-align:top;"><figure class="table"><table style="background-color:rgb(255, 79, 110);"><tbody><tr><td style="padding:17px;text-align:center;"><a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=f81eff6d4b&amp;e=ce8f6f0d93"><strong>GO TO ARBIPAD</strong></a></td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding:0px 18px 18px;text-align:center;vertical-align:top;"><figure class="table"><table style="background-color:rgb(255, 79, 110);"><tbody><tr><td style="padding:17px;text-align:center;"><a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=10719efde4&amp;e=ce8f6f0d93"><strong>GO TO GENIUS X CARDANO</strong></a></td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding:0px 18px 18px;text-align:center;vertical-align:top;"><figure class="table"><table style="background-color:rgb(255, 79, 110);"><tbody><tr><td style="padding:17px;text-align:center;"><a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=e9288402b2&amp;e=ce8f6f0d93"><strong>GO TO GENIUS X ARBITRUM</strong></a></td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding:30px 18px;"><figure class="table"><table style="border-top:2px solid rgb(234, 234, 234);"><tbody><tr><td>&nbsp;</td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="vertical-align:top;"><figure class="table" style="float:left;"><table><tbody><tr><td style="padding:9px 18px;"><figure class="table"><table style="background-color:rgb(90, 12, 149);"><tbody><tr><td style="padding:18px;text-align:center;vertical-align:top;"><p><strong>ALL YOU NEED TO KNOW</strong><br><strong>ABOUT $GENSX PUBLIC SALE</strong></p><ul><li><strong>Public sale allocation: </strong>83,300,000 GENSX, 8,3% of the total token supply</li><li><strong>Price: </strong>$0,009</li><li><strong>Vesting:</strong> 20% unlocked at TGE, then 12 months linear vesting</li></ul></td></tr></tbody></table></figure></td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="vertical-align:top;"><figure class="table" style="float:left;"><table><tbody><tr><td style="padding:9px 18px;"><figure class="table"><table style="background-color:rgb(120, 24, 196);"><tbody><tr><td style="padding:18px;text-align:center;vertical-align:top;"><p><strong>LAUNCHPADS:</strong></p><ul><li><a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=2413f3367e&amp;e=ce8f6f0d93"><span style="color:rgb(255,255,255);"><strong><u>- Red Kite Launchpad</u></strong></span></a><ul><li>Date: June 29th, 9:00am UTC - 11:00am UTC, <u>only 2 hours!</u></li><li>Currency: USDC<br>&nbsp;</li></ul></li><li><a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=13c38e0431&amp;e=ce8f6f0d93"><span style="color:rgb(255,255,255);"><strong><u>- ArbiPad Launchpad</u></strong></span></a><ul><li>From June 29th, 12:00pm UTC to 30th June, 4:00pm UTC</li><li>Currency: USDC.e&nbsp;<br>&nbsp;</li></ul></li><li><a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=2834125867&amp;e=ce8f6f0d93"><span style="color:rgb(255,255,255);"><strong><u>- Genius X Launchpad - Cardano</u></strong></span></a><ul><li>Date: from June 29th, 1:00pm UTC to July 1st, 1:00pm UTC</li><li>Currency: ADA<br>&nbsp;</li></ul></li><li><span style="color:rgb(255,255,255);"><strong><u>-</u></strong></span><a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=ab5341e0c5&amp;e=ce8f6f0d93"><span style="color:rgb(255,255,255);"><strong><u> Genius X Launchpad - Arbitrum</u></strong></span></a><ul><li>Date: from June 29th,&nbsp; 1:00pm UTC to July 1st, 1:00pm UTC</li><li>Currency: USDC</li></ul></li></ul></td></tr></tbody></table></figure></td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding:30px 18px;"><figure class="table"><table style="border-top:2px solid rgb(234, 234, 234);"><tbody><tr><td>&nbsp;</td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="vertical-align:top;"><figure class="table" style="float:left;"><table><tbody><tr><td style="padding:9px 18px;"><figure class="table"><table style="background-color:rgb(255, 74, 76);"><tbody><tr><td style="padding:18px;text-align:center;vertical-align:top;"><strong>$GENSX TOKEN UTILITIES</strong></td></tr></tbody></table></figure></td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding:9px 18px;vertical-align:top;"><figure class="table" style="float:right;"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding:0px;vertical-align:top;"><a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=a01c6259e4&amp;e=ce8f6f0d93"><img src="https://ci5.googleusercontent.com/proxy/TEra-pvF_XdzlYDfH1m8v_WRxN6STIIYmhAKB7K5bQqOJozGR-U9rT-Gl7u9O3En7hTxzjVGEpy-zhLtNcQN7n1a-s5daP03AVhhG0haBBxh0i8H52ydOmDA6DURPlbl4wkPUkmXx5TrnfuvPoEpQC1xIpSN_w=s0-d-e1-ft#https://mcusercontent.com/c6d75e738a2c1bce573374ed5/images/c63a83de-ed72-8124-38d7-946909292e6e.png" alt=""></a></td></tr><tr><td style="padding:9px 18px;text-align:justify;vertical-align:top;"><p style="margin-left:0px;text-align:justify;"><strong>Stake $GENSX</strong> and earn <strong>passive rewards</strong> from two sources!!</p><p>- 20% of fees generated by the Genius X Launchpad<br>- &nbsp;20% of tokens earned by the Genius X accelerator</p><p style="margin-left:0px;text-align:justify;"><br>Other utilities include:<br>- &nbsp;Governance rights<br>- &nbsp;NFT lottery</p></td></tr></tbody></table></figure></td></tr></tbody></table></figure><figure class="table"><table style="background-color:rgb(255, 255, 255);"><tbody><tr><td style="padding:0px 18px 18px;text-align:center;vertical-align:top;"><figure class="table"><table style="background-color:rgb(255, 79, 110);"><tbody><tr><td style="padding:17px;text-align:center;"><a href="https://geniusyield.us19.list-manage.com/track/click?u=c6d75e738a2c1bce573374ed5&amp;id=6b563e88de&amp;e=ce8f6f0d93"><strong>READ MORE</strong></a></td></tr></tbody></table></figure></td></tr></tbody></table></figure><p><br>&nbsp;</p>

large_geniusx-publicsale.png

medium_geniusx-publicsale.png

small_geniusx-publicsale.png

thumbnail_geniusx-publicsale.png

GENSX Token Public Sale Launched!

<p style="margin-left:0px;"><strong>June 1st, 2023, Zug, Switzerland: </strong>Genius X, accelerator and launchpad for fully vetted, early-stage blockchain startups, is happy to announce details of the public sale of its native $GENSX token! The public sale is going to be launched on the 26th of June, 2023, on Genius X Launchpad, as well as on other launchpads (details to be announced soon). Total public sale allocation is 114,500,000 $GENSX tokens, and 11,45% of the total token supply.</p><h1 style="margin-left:0px;"><strong>Genius X — accelerating the best projects</strong></h1><p style="margin-left:0px;"><a href="https://www.genius-x.co/"><u>Genius X Accelerator and Launchpad</u></a> is a leading decentralized platform that helps innovative blockchain projects to get off the ground. The platform provides support and guidance to promising projects in the blockchain space, helping them to raise funds, build communities, and establish a strong presence in the market. Genius X is already a proud supporter of <a href="https://www.gomaestro.org/"><u>Maestro</u></a>, <a href="https://fluidtokens.com/"><u>Fluid Tokens</u></a>, <a href="https://ledgity.com/"><u>Ledgity</u></a>, <a href="https://dropspot.io/"><u>Dropspot</u></a>, and many <a href="https://www.genius-x.co/#geniusXAcceleratorProjects"><u>more</u></a>!</p><p style="margin-left:0px;">As great projects are not limited to one blockchain, in February 2023 Genius X became blockchain agnostic. This unlocked access to many incredible projects building on Layer One blockchains as well as on Layer Two scaling solutions. For accelerator programs, expanding to other blockchains is a natural part of growth as many other similar companies are multi-chain. In March 2023 Genius X announced an <a href="https://medium.com/@GeniusXOfficial/genius-x-expands-to-polygon-3bf2e6c59f45"><u>expansion to Polygon</u></a> and in May 2023 <a href="https://medium.com/@GeniusXOfficial/genius-x-expands-to-arbitrum-46b1b8263396"><u>expansion to Arbitrum</u></a>.</p><h1 style="margin-left:0px;"><strong>Why is it worth owning $GENSX tokens?</strong></h1><p style="margin-left:0px;">There are multiple benefits of owning and staking $GENSX tokens, but probably the most important one is a <strong>passive source of rewards for stakers, coming both from Genius X Launchpad and Genius X Accelerator!</strong><br>The mechanism is very simple — the $GENSX token can be staked in the Genius Yield staking dApp and this in turn will unlock staking rewards APY from the distribution of a portion of the fees from two sources:</p><ul><li>20% of the Genius X Launchpad fees rewarded in $GENSX, and</li><li>20% of Genius X project tokens earned by the Genius X accelerator rewarded in that project’s native token*, spread out equally over 80 epochs.</li></ul><p style="margin-left:0px;"><i>*Genius X Accelerator Program earns no more than 5% of a project’s native token. Only utility tokens will be part of the redistribution program.</i></p><p style="margin-left:0px;">Other benefits of staking include:</p><p style="margin-left:auto;"><img class="image_resized" style="width:624px;" src="https://miro.medium.com/v2/resize:fit:624/1*BJC0mRAXT5zqXFTjWGWKYg.png" alt="" loading="lazy"></p><ul><li>Governance — voting power in Genius X Improvement Proposals (GIP)</li><li>Participation in the lottery to have a chance to win a powerful NFT.</li></ul><h1 style="margin-left:0px;"><strong>$GENSX Token Public Sale Details</strong></h1><p style="margin-left:0px;">The $GENSX token will be available for purchase on the Genius X Launchpad from June 26th to June 30th, 2023. Token allocation for the Genius X Launchpad sale is 11,100,000 $GENSX. The exact price in ADA will be announced before the start of the public sale. The minimum purchase is 5,555 $GENSX tokens and the maximum purchase is 5,555,555 $GENSX tokens.</p><p style="margin-left:0px;">There will be an initial unlock of 15% of $GENSX tokens. The remaining 85% of tokens will be vested over 12 months.</p><p style="margin-left:0px;"><strong>The KYC process is open! </strong>Head over to the <a href="https://launchpad.genius-x.co/"><u>Genius X Launchpad</u></a>, connect your wallet, and follow the steps!</p><h1 style="margin-left:0px;"><strong>$GENSX Public Sale on other launchpads</strong></h1><p style="margin-left:0px;">As Genius X moves towards being blockchain agnostic, we’ve decided to <strong>expand our sales to other blockchains!</strong> Token allocation for all other launchpads is 103,400,000 $GENSX (wrapped CNT $GENSX token).</p><p style="margin-left:0px;">Details will be announced soon, stay tuned!</p><p style="margin-left:0px;">$GENSX Token Generation Event (TGE) is scheduled for June 15th, 2023.</p><h1 style="margin-left:0px;"><strong>Restricted countries</strong></h1><p style="margin-left:0px;">Due to legal reasons, investors from the following countries, unfortunately, cannot participate in the $GENSX Public Sale. With advice from our legal team and partners, we decided not to include the following countries because of regulatory reasons:</p><p style="margin-left:0px;">Albania, Barbados, Burkina Faso, Cambodia, Republic Korea North, Gibraltar, Haiti, Iran, Jamaica, Jordan, Mali, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, Sudan, Syria, Uganda, Yemen, Russia, Belarus, Afghanistan, Algeria, Angola, Azerbaijan, Bahrain, Bangladesh, Benin, Bolivia, Botswana, Bosnia, Anguilla, Antigua Barbuda, Aruba, Belize, Bahamas, Bermuda, British Virgin Islands, and the USA.</p><h1 style="margin-left:0px;"><strong>About Genius X</strong></h1><p style="margin-left:0px;">Genius X is a business accelerator and launchpad for fully-vetted, early-stage blockchain startups. Our mission is to create a more decentralized and inclusive future built by the brightest minds utilizing blockchain technology. The Genius X program helps ambitious founders turn their visions from startups into impactful and scalable solutions that add value by leveraging blockchain technology. We accelerate the most promising startups by providing advisory support in areas such as marketing, business strategy, token design, and fundraising, giving them the edge to become successful.</p><p style="margin-left:0px;">The <a href="https://launchpad.genius-x.co/projects"><u>Genius X Launchpad</u></a> is the most advanced smart contract-based Launchpad on Cardano and provides a seamless way for investors to safely participate in early-stage project funding, and achieve a maximum potential return for their involvement. The Genius X Launchpad’s operations for token sales are handled by a smart contract, allowing for oversubscription on sales with any unused ADA being automatically refunded to each user’s wallet.</p><p style="margin-left:0px;">The Genius X Advisory Program onboards professionals who provide consulting services to Genius X Projects founders and teams under the Genius X Accelerator program.</p><p style="margin-left:0px;"><i><strong>Startups</strong></i> <i>interested</i> <i>in joining the Genius X Accelerator program can get in touch and apply</i><a href="https://y0vs1o4twew.typeform.com/to/pFrsjsZo?typeform-source=1otu7zz4rfi.typeform.com"><i><u> here</u></i></a><i>.</i></p><p style="margin-left:0px;"><i><strong>Venture</strong></i> <i><strong>Capital / Accredited Investors — </strong>Contact us</i><a href="https://y0vs1o4twew.typeform.com/to/VTzh7IET"><i><u> here</u></i></a><i>.</i></p><p><br>&nbsp;</p>

Ledgity ($)

Ledgity redesigns wealth management through an intuitive, secure and transparent financial services platform, opening new investment horizons.

Related Projects

Genius Yield

Astarter

Paribus

Featured News