Bitcoin Forum

In the crypto markets, lack of information is considered to be a major problem in investment decision making as investors may fail to obtain the ideal cues to guide their trading strategy. Additionally, the market of cryptocurrencies still experiences high volatility of price differences due to non-centralized exchanges.

THE GENOTIK INTEGRATED EXCHANGES AND BLOCKCHAIN
GENOTIK aims to launch its own connected chain of global exchanges through its own company proprietary and private blockchain. This integrated exchanges will allow that the prices of introduced and traded coins be purchased at the same prices throughout the globe on the Genotik regional platforms.

Traders from anywhere in the world will then be able to analyse the market better and benefit from the trading/investing on the platform for the long-term. Additionally, Genotik exchanges will have significant long-term potential to positively impact the global cryptocurrency market in multiple ways, as it will provide a user friendly, secured and lightning fast trading atmosphere and with the required financial regulations defined by different countries.

HOW DOES GENOTIK ACCOMPLISH THIS?
Genotik’s mission is to solve the biggest issues and improve the world of digital asset management – including price volatility, security, and lack of transparency – through our proprietary and private blockchain and integrated global exchanges.

INTEGRATED AND INTERCONNECTED CHAIN OF REGIONAL EXCHANGES
Genotik will deliver a separate website for each country or continent (In case allowed under specific continent regulatory framework requirements) which will comply with their originating country or continent regulatory framework requirements and KYC and AML laws.

USER DATA AND TRANSACTIONS REGULATED BY PREDEFINED SET OF RULES BLOCKCHAIN
Genotik will develop a block chain solution to handle all the user data, transaction and smart contracts to facilitate the other task related but not limited to settlement, withdrawals, deposits etc.

FIAT CURRENCY DEPOSITS & WITHDRAWALS
Genotik will  facilitate the withdrawal and deposit through the bank account or other mediums such as credit cards, PayPal, etc. Investor will then be able to utilize their fiat currencies for trading through their country or continent specific website while the exchanges deliver the market oriented distribution of digital currencies liquidity at the best stable and price offer for all regions across the globe.

GEN TOKEN
GEN is the name of  the token for GENOTIK. The GEN token will be offered throughout the GENOTIK Pre-ICO and ICO campaign rounds. Investors who take part in our Pre-ICO, will received their GEN token on the first day of the ICO. All other will receive GEN tokens during the ICO.

After the development and launch of Genotik exchange, 25% of company net profit will be distributed between GEN token holders on a yearly quarterly basis during the next seven years. The future increased value of GEN is a result of many aspects of GENOTIK investor community, and its platform features as more people who use the platform, the accrued fees through user platform activities – scaling the price of the token upwards.

PRE-ICO AND ICO CAMPAIGNS
The pre-ICO will run for approximately 15 days beginning August 28th, 2017 at 00:00 UTC and ending on September 12th, 2017 at 00:00 UTC. Investor will with obtain an increased 20% bonus of purchased tokens during the pre-ICO sale.

The ICO campaign will run for approximately 30 days beginning September 20th, 2017 at 00:00 UTC and ending on October 19th, 2017 at 00:00 UTC. After the ICO, GENOTIK will release the GEN token to investors who took part during the pre-ICO and ICO campaign directly.

A maximum of 72 million GEN tokens will be sold in the ICO, representing approximately 90% of total GEN (80 million GEN). Remaining GEN tokens will be burned.

Visit and learn more about us at -- https://www.genotik.com/ (https://www.genotik.com/) or contact us at tokensale@genotik.com (tokensale@genotik.com).
Read our Whitepaper here -- https://genotik.com/white-paper.pdf ( https://genotik.com/white-paper.pdf)

Name: GENOTIK Token
Ticker: GEN
Supply: 80,000,000
Ethereum Based Tokens
Pre-ICO Start: August 28, 2017 00:00:00
Pre-ICO End: September 11, 2017 00:00:00
ICO Start: September 20, 2017 00:00:00
ICO End: October 15, 2017 00:00:00
ICO Tokens: 80,000,000
Accepting: BTC and ETH
Exchange Rate: 1 BTC = 8000 GEN / 1 ETH = 600 GEN
Website URL: https://genotik.com (https://genotik.com)

BOUNTY PROGRAM TO BE ANNOUNCED SOON AFTER PRE-ICO LAUNCH!!!!

**Note -- To deliver adequate information and service our team is available for communication between 10.00 & 21.00 (GMT+5.30) on weekdays.

Press Contact Email Address
pr@genotik.com (pr@genotik.com)

Thanks GolumDeMort. As we have indicated, we will definitely release a bonus campaign soon with requirements. Appreciate the support.

im waiting bounty social media

thanks and goodluck

Thanks extrogel. As we have indicated, we will definitely release a bonus campaign soon with requirements.

Thanks anhdn42. As we have indicated, we will definitely release a bonus campaign soon with requirements.

Appears again ico is integrated with blockchain, quite interesting also with supplay worth 80.000.000
I am waiting for further developments

Thanks Prime Gold for your concern about the project. We will update you further on future development through this thread also you can checkout our website for latest updates. We are always open for valuable suggestion from community and critics so feel free to ask or suggest anything about the project.

I just go through there white paper and find it a solid project. Really eager to invest in there pre ico.

Will you be allowing withdrawals to PayPal?

Thanks for the trust and truly glad to hear that. We will inform you more as we have quite a lot to share as the project is underway.

Thank you @Retired for pointing our that significant feature. It indeed our intention to do so along with other proposed payment and withdrawal methods.

PayPal is a global entity and as per our understanding they adhere to most countries legal framework for example in India paying and receiving payments though PayPal Is currently possible and entirely legal from business to user, vice versa or even user to user.

Much like PayPal, we will also have a strict AML and KYC regulations (as indicated in our whitepaper) and users of the Genotik Exchanges will have to be verified with the same email as they have on PayPal however.

Genotik Team

It would be interesting to allow payments to third parties. Of course for cryptocurrencies this is not problem but I'm not sure if PayPal would allow you to offer this service.

Valid point worth considering @Retired is that as cryptocurrency becomes more adopted there are indeed still some blocks. Although, PayPal is one of the many purposed mechanisms that we are considered though at this stage.

Hi guys. I would like to reserve the Greek translation after the Pre-ICo. Thank you.

Reserving Portuguese translation!

Thanks killerjoegreece. As we have indicated, we will definitely release a bonus campaign soon with requirements but will keep you in mind.

Thanks Raxitto. As we have indicated, we will definitely release a bonus campaign soon with requirements but will keep you in mind.

Reserve Hindi translation if needed

Hello Ankit. Thank you for the interest, this is well noted. We will deliver more details on our bounty program soon.

We are pleased to announce that our Pre ICO sale is started. Join now and get 20 % extra bonus tokens as early investor reward.

Genotik Team

Please can you list all your full team member. I can only find Bhushan Sakroria on your website. Thanks

Hello

sorry for our belated response. The Genotik team has luckily found some potential early-stage investors and is negotiating the proposal with them. More information on the project progress will be announced soon.

this project looks interesting. so, can i reserve chinese translation for this thread?? no any plan about bounty?

Dear admosfir,

your interest is well noted. As mentioned above, we are currently negotiating with early-stage investors further steps, we will announce a progress soon. Looks very promising, fingers crossed. Bringing this project into realization could really solve many issues a cryptocurrency market is facing.

Thank you for your patience,

Genotik team