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.

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Interest lvl

Medium

Updated: Jul 16, 2021

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User Rating

Medium

3/5 • 1 votes

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Ticker

GS

Type

Utility-token

Token standard

ERC20

Launchpads

Polkastarter

Ecosystems

Polkadot Ethereum BNB Chain

What is Genesis Shards

We are excited to announce that Genesis Shards, the world’s first DeFi pre-IDO liquidity platform built on NFT swaps, will be launching the first-ever dual IDO on the decentralized fundraising platform Polkastarter.

Polkastarter is integrating Binance Smart Chain (BSC) to increase the accessibility of IDOs and to promote cross-chain interoperability. This integration allows projects to launch their Polkastarter IDO simultaneously on both Ethereum and Binance Smart Chain.

As the first-ever project to launch under this integration, Genesis Shards would not only get access to greater liquidity but also reach a wider range of audiences in the public distribution phase. IDO participants will be able to easily swap $GS tokens between Ethereum and BSC. The BSC support would provide community members with the option of cheaper gas fees while participating in the IDO, which we believe would make the distribution more equitable.