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What Is Genius Assets? Genius Assets is an emerging company founded in 2020 that aims to build the world's greatest digitalized marketplace. It utilizes tokens or digital assets locked in a smart contract to provide liquidity and create passive rewards. The company focuses on sectors like real estate, arts, NFTs, sports, transportation infrastructure, and air traffic assets, offering users a unique method of acquiring, earning, or exchanging products and services through its marketplace platform.
Who Are the Founders of Genius Assets? The founder of Genius Assets is Claudiu Buda, who has a professional background in sales. He started the company in 2020 and has successfully gathered over 100,000 customers worldwide.
What Makes Genius Assets Unique? Genius Assets introduces the concept of "Delegated Locking," which allows users to obtain more IUX tokens and gain prior access to opportunities by locking pairings of stablecoins and IUX tokens in Liquidity Pools. This system rewards holders for supporting the ecosystem's economy during its development.
GeniuX Innovation Users can purchase the native utility token, IUX, and lock it into available Genius Pools to support the ecosystem's economy and obtain more IUX tokens. The Liquidity Pool's tokens are used to purchase or access various assets or services, contributing to the ecosystem's growth and increasing the value of IUX.
How Many GeniuX (IUX) Tokens Are There in Circulation? There are a total of 1,000,000,000 IUX tokens in circulation. The distribution includes private sale (2%), presale (5%), public sale (24%), advisors & strategic partners (5%), burn program (15%), incentives & airdrops (3%), founders & core team (6%), marketing (5%), liquidity & exchange listings (5%), and staking & growth (30%).
How Is Genius Assets Secured? Genius Assets implements a cost-effective and secure approach by using delegated locking with the new Genius Pools. The entire ecosystem has been developed by a top IT & Blockchain company from Eastern Europe, with a focus on cyber security and stress testing. The smart contract has been audited by Hacken, with a final result of 9.9.
Where Can You Buy GeniuX (IUX)? GeniuX (IUX) can be bought, sold, and traded on online exchanges focused on DeFi, such as Bitmart, Quickswap, and P2B. Users can check the live price of IUX in their preferred fiat currency using BYDFi's converter feature or the dedicated exchange rate converter page.
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Coin description
What is GeniuX (IUX)?
The GeniuX ecosystem is supported by the utility token called GeniuX (IUX), which is based on the Polygon standard. This token will be utilized for the tokenization of real-world assets across various sectors, including real estate, transportation, sports, and arts.
Who is the Founder of GeniuX (Genius Assets Marketplace)?
Genius Assets Marketplace, the first and largest secure digital assets marketplace in the world, was founded in 2018. The project is owned by Genius Assets, a company established by Claudiu Buda. With a professional career focused on sales for the past 13 years, Claudiu has built a vast community of over 200,000 customers in 17 countries, with sales exceeding 75 million euros. Genius Assets was launched in 2021 and had its Token Generation Event on June 18th, 2022. The first real estate Fractional Ownership Project is set to launch by the end of the year. The main idea behind Genius Assets is that every individual has the potential to be a genius and achieve their dreams. All you need to do is discover your inner genius and utilize it for a higher purpose.
GeniuX aims to combine digital and real-world assets in a single marketplace accessible to everyone. The X in GeniuX represents a lifetime treasure waiting to be discovered.
What makes GeniuX unique?
Genius Assets, the digital assets marketplace, is a groundbreaking project that enables decentralized investments in non-crypto assets. Through tokenization, participants in the GeniuX ecosystem can hold digital shares in properties and other assets through fractional ownership, receiving a corresponding percentage of the generated income. The project's goal is to provide a viable option for long-term holders seeking regular revenue. While many investment opportunities available through the GeniuX token will be traditional, the project also recognizes the importance of participating in ICOs and NFT releases within the digital assets space. Future plans for 2023 include the introduction of a debit card, additional real estate projects, an NFT marketplace, and further DeFi integration. Ultimately, the project founders aspire to build the largest marketplace for high-value digital and physical assets on the blockchain.
How many GeniuX (IUX) coins are in circulation?
The IUX economic model has a total supply of 1,000,000,000.00 IUX tokens. The initial distribution included a private sale of 2%, a pre-sale of 5%, and a public sale allocation of 24%. Additionally, 5% is allocated for advisors and strategic partners, 3% for incentives and airdrops, and 15% for the Burn Program. The founders and core team hold 6% of the tokens, while 40% is dedicated to community rewards and development. The project has allocated 5% for sustainable marketing, 5% for liquidity and exchange listing, and 30% for staking and growth.
How is GeniuX secured?
The entire GeniuX ecosystem has been developed from scratch by a top 3 IT & Blockchain company in East Europe. The platform has undergone rigorous cybersecurity measures, including stress testing, to ensure its security. The smart contract for the platform was created by an in-house blockchain developer. Furthermore, the smart contract has been audited by Hacken, a platform that promotes cybersecurity by enabling ethical hacking to protect the Web 3.0 space.
Answers
What Is Genius Assets?
Genius Assets is a newly established company founded in 2020. It aims to build a cutting-edge digital marketplace by leveraging tokens or digital assets locked in a smart contract. These locked assets provide liquidity to the platform and generate passive rewards. With the growing interest in blockchain technology and decentralized finance, Genius Assets is creating a secure and innovative environment for various sectors, starting with real estate applications and expanding to areas like arts, NFTs, sports, transportation infrastructure, and air traffic assets. The platform offers users a unique way to acquire, earn, or exchange products and services through its marketplace, which operates using the ecosystem utility token called IUX.
Who Are the Founders of Genius Assets?
Genius Assets was founded at the end of 2020 by Claudiu Buda. With over 13 years of experience in sales, Claudiu Buda conceived the idea of Genius Assets and successfully gathered over 100,000 customers worldwide, adding value to the marketplace.
What Makes Genius Assets Unique?
Genius Assets introduces a novel concept called "Delegated Locking" to enhance the acquisition of IUX tokens and provide early access to opportunities within the Genius ecosystem. Delegated Locking involves locking pairings of stablecoins and IUX tokens in specially designed Liquidity Pools known as Genius Pools. This mechanism rewards token holders for supporting the ecosystem's development by parking their tokens for a specific period. Unlike traditional unlimited locking programs, Delegated Locking offers proportional rewards to holders who secure a spot in a Liquidity Pool, incentivizing trust and commitment.
How Many GeniuX (IUX) Tokens Are There in Circulation?
Token Name: GENIUXTicker Symbol: IUXDecimals: 18Network: POLYGON (MATIC)Total Supply: 1,000,000,000.00Private 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)
How Is Genius Assets Secured?
Genius Assets utilizes a simple and revolutionary mechanism to ensure security and accessibility. It implements delegated locking with the new Genius Pools, which offers a cost-effective and secure approach to address current market challenges and facilitate entry for new participants. The entire ecosystem has been developed from scratch by a leading IT and blockchain company based in Eastern Europe. The platform has undergone thorough cybersecurity and stress testing using cutting-edge technologies. The smart contract, created by an in-house blockchain developer, has been audited by Hacken with a final score of 9.9, ensuring its reliability and transparency. The audit report can be found at https://hacken.io/audits/.
Where Can You Buy GeniuX (IUX)?
GeniuX (IUX) is available on several online exchanges that focus on decentralized finance (DeFi). The top exchanges where you can buy, sell, and trade IUX are Bitmart, Quickswap, and P2B. To check the live price of GeniuX in your preferred fiat currency, you can use BYDFi's converter feature directly on the Polygon price page or visit the dedicated exchange rate converter page.
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