What is Geniux

Article Summary, Automatically Generated By AI

Summary of Genius Assets

Key Points

  • Founded in 2020, Genius Assets is building a digitalized marketplace based on tokens or digital assets locked in a smart contract.
  • The company aims to create a secure environment for users to acquire, earn, or exchange products and services using the IUX utility token.
  • Founder Claudiu Buda has 13 years of sales experience and has gathered over 100,000 customers worldwide.
  • The “Delegated Locking” concept rewards holders for supporting the ecosystem by locking IUX tokens and stablecoins in Liquidity Pools.
  • Total IUX token supply is 1,000,000,000, with various allocations for private sale, presale, public sale

About GeniuX: Pioneering the Future of Blockchain Innovation

Introducing Genius Assets: A Pioneering Force in Digital Wealth Creation

Established in 2020, Genius Assets is a pioneering entity dedicated to crafting the world’s premier digital marketplace, fueled by a curated collection of tokens or digital assets secured within a smart contract. This innovative framework provides essential liquidity to the pool and generates passive rewards. Amidst the burgeoning interest in blockchain technology and decentralized finance, Genius Assets is forging a secure and innovative environment, leveraging cryptocurrencies as utility tokens to explore diverse sectors. Our sustainable business model is designed to evolve, commencing with real estate applications, as outlined in our Roadmap, and expanding to encompass various other sectors, including arts and NFTs, sports, transportation infrastructure, and air traffic assets. Ultimately, Genius Assets aims to provide users with a unique method of acquiring, earning, or exchanging products and services through a novel, secure, and user-friendly marketplace platform, powered by the ecosystem utility token, IUX.

The Visionary Founders Behind Genius Assets

In the latter half of 2020, a pioneering vision took shape: empowering individuals to contribute to the creation of a blockchain-based ecosystem for real assets. At the helm of Genius Assets is Claudiu Buda, a seasoned sales professional with 13 years of industry expertise. In 2020, he conceptualized Genius Assets, officially launching the company by year’s end. Notably, he successfully rallied a global community of over 100,000 customers, thereby enriching the Marketplace.

Unveiling the Unparalleled Brilliance of Genius Assets

“Delegated Locking” introduces a novel approach to acquiring additional IUX tokens and gaining priority access to opportunities facilitated by Genius, achieved by locking paired stablecoins and IUX tokens in specially designed Liquidity Pools, aptly named Genius Pools. This innovative concept was crafted to proportionally reward holders for their support of the ecosystem’s development by temporarily parking their tokens. The Delegated Locking system offers a distinct advantage over traditional unlimited locking programs, as it rewards holders who successfully secure a spot in a specific Liquidity Pool, acknowledging their trust in locking their tokens at that particular moment.

What Is the Total Supply of GeniuX (IUX) Tokens in Circulation?

Token Name: GENIUX

Ticker Symbol: IUX

Decimals: 18

Network: POLYGON (MATIC)

Total Supply: 1,000,000,000.00

Token Allocation:

Private Sale: 2% (20,000,000 IUX)

Presale: 5% (50,000,000 IUX)

Public Sale: 24% (240,000,000 IUX)

Advisors & Strategic Partners: 5% (50,000,000 IUX)

Burn Program: 15% (150,000,000 IUX)

Incentives & Airdrops: 3% (30,000,000 IUX)

Founders & Core Team: 6% (60,000,000 IUX)

Marketing: 5% (50,000,000 IUX)

Liquidity & Exchange Listings: 5% (50,000,000 IUX)

Staking & Growth: 30% (300,000,000 IUX)

Ensuring the Security of Genius Assets: A Robust Framework

Genius Assets has introduced a groundbreaking mechanism that leverages a cost-effective and secure approach to resolve existing issues, thereby facilitating access to any market for new entrants through the innovative implementation of delegated locking with Genius Pools. A top-tier IT and blockchain company from Eastern Europe has developed the entire ecosystem from the ground up. The platform has undergone rigorous cybersecurity testing and stress testing, utilizing cutting-edge technologies to create a distinctive brand. The in-house blockchain developer has crafted the smart contract, which has been audited by Hacken, achieving an impressive 9.9 final score, verifiable at

https://hacken.io/audits/

.

Where to Acquire GeniuX (IUX): A Comprehensive Guide

As a prominent project within the Polygon ecosystem, GeniuX has garnered significant attention among online exchanges specializing in DeFi. Currently, the top exchanges where you can buy, sell, and trade $IUX include Bitmart, Quickswap, and P2B. To access real-time GeniuX pricing in your preferred fiat currency, you can utilize CoinMarketCap’s converter feature, conveniently located on the Polygon price page. Alternatively, you can visit the dedicated exchange rate converter page.

Pioneering Innovation with GeniuX

Users can acquire the native utility IUX token from anywhere and stake it in any available Genius Pool, paired proportionally with a stablecoin, thereby supporting the ecosystem’s economy and earning additional IUX tokens. Furthermore, Genius Assets will utilize the Liquidity Pool’s tokens to acquire or access a diverse range of assets or services, which will be made available for purchase or utilization in exchange for IUX Tokens, or be managed by Genius to generate a surplus that will be allocated towards the ecosystem’s growth, ultimately enhancing the value and appeal of IUX.

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