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Genesis Shards

Genesis Shards GS Price $ 0.0107

Rank: 2334

99 Watchlists

DeFi

GS Price

0.0107
3.18%
(-$ 0.000352)
Price Range
LowHigh
$ 0.0102$ 0.0112

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Description

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

Genesis Shards (GS) Chart

The Genesis Shards to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

GS to USD Converter

Genesis Shards (GS)GS

IDO

14 Apr — 14 Apr 2021

Raised

$ 125.00K

Price:

$ 0.120

ROI:

0.09x  -91.1%

Platform:

N/A

ATH ROI:

25.43x  +2,443%

GS Price Statistics

leaderboard

Market Cap

$ 128.94K

FDV

$ 2.24M

ATH Market Cap

$ 36.72M

24 Trade Vol.

$ 22.08K


Vol. (24h) / MCap

0.171

Total Supply

GS 208,969,354

Circulating Supply

GS 12.03M

(5.76% of Total Supply)

Listing Date

14 Apr 2021

IDO Price

$ 0.120

14 Apr 2021

IDO ROI

91.1%

0.0893x

All Time High

$ 3.05

14 Apr 2021


All Time Low

$ 0.0054

12 Sep 2023


From ATH

99.6%

From ATL

98.6%

Genesis Shards Price Analysis

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

Genesis Shards Price Today

Genesis Shards's current price is $ 0.0107, it has dropped -3.18% over the past 24 hours.

Genesis Shards's All Time High (ATH) of $ 3.05 was reached on 14 Apr 2021, and is currently -99.6% down.

The current circulating supply of Genesis Shards is 12.03 Million tokens, and the maximum supply of Genesis Shards is 208.97 Million.

Genesis Shards’s 24 hour trading volume is $ 22.08 Thousands.

Genesis Shards's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 128.94 Thousands.

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