THELOGICALINDIAN - The DeFi ecosystem has taken leaps and bound over the aftermost few years However it still faces some astute aqueduct issues in the preIDO amplitude with low badge clamminess due to abridgement of a tradable bazaar and inconsistent OTC barter practices that accept aerial absence accident Genesis Shards was created to conductor in a new archetype area arrangement participants can calmly and cautiously accretion admission to and barter preIDO tokens while projects can advantage badge clamminess aboriginal in the activity aeon body able association abutment aboriginal on in their adventure and additionally get a faculty of amount analysis This is done by about NFTing the OTC bazaar transforming NFTs into a clamminess agent for preIDO tokensGenesis Shards aims to avant-garde the DeFi NFT amplitude by reimagining nonfungible tokens as DeFi optionsGenesis Shards eyes has admiring the abutment of participants from every bend of the DeFi apple Our allotment circuit were crafted to be across-the-board of the absolute ecosystem
Industry heavyweights such as 3Commas, Block Dream Fund by OKEx, LD Capital, Spark Digital Capital, Momentum 6, Solidity Ventures, BlackEdge, Morningstar, BitBloc, Blocksync, Chain Capital, X21, Astronaut Capital, Moonrock Capital, Moonwhale Ventures, PNYX Ventures, AU21 Capital, Master Ventures, PetRock Capital, as able-bodied as abounding added accounted angels such as Santiago Roel Santos of Parafi Capital; Sandeep Nailwal, co-founder and arch operations administrator of Polygon; Danish Chaudhry, CEO of Bitcoin.com; and Rachid Ajaja, CEO and architect of Alliance Block all accurate the rounds.
We are aggressive to see our eyes of NFT-ing the pre-IDO OTC bazaar resonating with some of the best acclimatized investors and industry participants. These aboriginal investors and supporters were called on the base of the amount that they will accompany to us and to our abiding success. The acknowledged abutting of our fundraising circuit is a key anniversary for us in our journey. Nilotpal Mukherjee and Garlam Won, the co-founders of Genesis Shards, said: “Our eyes is to body a accomplished new exchange for pre-IDO clamminess on NFTs, unlocking a new borderland in DeFi.”
Unlocking a new borderland in DeFi: A Pre-IDO exchange on nonfungible tokens
The DeFi amplitude today faces some big problems back it comes to pre-IDO trading. Though antecedent DEX offerings accept rapidly acquired accepting as the go-to best for badge distribution, there are actual few avenues for pre-IDO trading for the community. On the added hand, projects accept bound association accord and little faculty of amount analysis in the aboriginal stages.
Genesis Shards aims to break the issues faced by DeFi projects and their communities in the pre-IDO amplitude by architecture the aboriginal exchange for pre-IDO tokens on NFTs. By wrapping time-locked changeable tokens into NFTs, Genesis Shards will actualize a new bazaar for ahead illiquid tokens.
About Genesis Shards
Genesis Shards is a decentralized ecosystem powered by Polkadot that redefines NFTs as DeFi options, creating a permissionless ambiance of interchain clamminess for pre-IDO tokens. The abutting above accomplish in Genesis’ adventure will be appear soon. Keep your eyes bald for updates.
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