Genius is a deflationary cryptocurrency created with Static Rewards, LP Acquisition, and Manual Burn. The platform aims to promote ecology and economic development through a staking platform that hosts only green tokens and a special wallet for community-based projects. (The act of burning crypto indicates removing GENIUS tokens from circulation permanently.)

GENIUS serves as an incubator for the ecosphere to join the cryptosphere. The blockchain ecosystem could create and fund tokens that would benefit many companies. Suppose tokens are deployed with the intention of being staked on the GENIUS platform. In that case, the project writes a function that reserves a portion of each transaction for the GENIUS staking pool. The whole process becomes trustless and autonomous through the tokens' smart contract.

According to the whitepaper, the GENIUS wallet is built for users who value abundance. A portion of its funds can be used to purchase land and finance green projects under the control of the community. The GENIUS contract collects 2% of each transaction. It sells into BNB, which is reserved and collected by the GENIUS wallet.

GENIUS platform users who have already launched tokens and wish to launch them on that platform can still do so. Users can do this through a proxy contract that holds their staking pool. The user's tokens are sent to the proxy contract through an agreement between GENIUS and the token, where they are distributed among the staking pool members.

A custom proxy contract can accumulate tokens based on the volume as part of the agreement. The proxy contracts can be upgraded with additional features.

The main goal is to allow GENIUS holders to vote for the projects the platform undergoes. The platform plans to add a shop and a chat where the community can discuss GENIUS projects and other options for token holders to spend their GENIUS tokens.

Rupesh Venkaya is the founder and CEO of the Genius platform. The core team includes developer, marketer, specialist, and funder.

Aktualizujemy nasz kurs Genius Coin do USD w czasie rzeczywistym. Otrzymuj aktualną cenę Genius Coin na Coinbase.