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.<h3>The Role of the $GS Token</h3>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 $GS token in Genesis ecosystem:Gen Access<ul><li>﻿$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.</li></ul>Gen NFTX<ul><li>$GS token is the native token on the NFTX platform allowing users to benefit from a reduction in Swap fees for tickets, access cards or Gen smart contracts.</li></ul>Gen Governance<ul><li>$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.</li></ul>NEW TOKENS<ul><li>Illiquid tokens due to various reasons including interfering with IDO plan</li></ul>NFT WRAPPERS<ul><li>NFT wrapped liquid tokens that isolates circulating tokens. Enabling early price discovery and launchpad style crowd-sourced exposure</li></ul>IDO<ul><li>NFTs containing Pre-IDO tokens to be swapped for Post-IDO tokens</li></ul>

Genesis Shards announces FIRST EVER Polkastarter DUAL IDO on ETH & BSC

Genesis Shards Whitelist For Polkastarter Dual IDO Is Now Open!

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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.

Genesis Shards

Genesis Shards is a marketplace for pre-IDO tokens on NFTs.

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