Equity Details
Price & Market Data
Price: $0.00978
Daily Change: -$0.0₅768 / 0.08%
Daily Range: $0.00978 - $0.00979
Market Cap: $0
Daily Volume: 0
About Genesis Shards (GS)
Up-to-date insights on Genesis Shards (X:GS). Current price: 0.00978, daily change: -$0.0₅768 / 0.08%. Market cap: N/A. Performance from 1-month to 1-year.
Details
Genesis Shards is a whole new marketplace for pre-IDO tokens on NFTs powered by Polkadot. It was created to usher in a new paradigm for DeFi transforming NFTs into a liquidity vehicle for pre-IDO tokens and introducing a whole new suite of DeFi products across multiple blockchains.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.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.
