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GS

Gen Shards Price (GS)

Gen Shards (GS) is currently priced at $0.002222 USD. The price has increased 0.02% in the last 24 hours. Fully diluted valuation: $464,294.606. Total supply is 208,969,354 GS.

$0.00

Stats

1 Day+0.02%
1 Month0.4%
3 Months0.56%
1 Year0.48%
Market Cap$0.00
Fully Diluted$464.3K

About Gen Shards

Genesis Shards (GS) is a whole new marketplace for pre-IDO tokens on NFTs powered by Polkadot. GS was created to usher in a new paradigm for DeFi transforming NFTs into a liquidity vehicle for pre-IDO tokens, and to introduce a whole new suite of DeFi products across multiple blockchains.

Most pre-IDO transactions are currently being executed in OTC. With this come the problems of a) illiquidity and also b) the big problem of highly inconsistent OTC trade practices for pre-IDO tokens. Trades are often conducted by two parties in an uncertain environment with a high risk of default.

GS aims to 'NFT-y' the OTC market - transforming NFTs into a liquidity vehicle for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens. Also, investors will no longer have to worry about shady OTC deals with high default risk : they can simply utilize the safe, trustless pre-IDO liquidity provided by Genesis NFTs.