Title: [ANN] [GEN] Genesis Coin | Deflationary Currency | Stable | 1.5% Burn Rate Post by: taha567 on September 30, 2019, 02:21:04 PM GENESIS (GEN) - A Stable Deflationary Token CoinGecko Price/Metrics Tracking: https://www.coingecko.com/en/coins/genesis-coin Genesis (GEN) is a deflationary (self-destructing) token, operating on the Ethereum main-net. It has been designed according to the ERC-20 token standard. The total originating supply of Genesis is 200 million (200,000,000) tokens, as enforced and fixed by the smart contract. It has a deflation or burn-rate of 1.5% (or 0.015) per transaction, since deflation is an intended characteristic of the token. Genesis burns 1.5 tokens over a transaction of 100 tokens (1.5% or 0.015 deflation rate). This self-destructive functionality makes the asset’s supply scarce over time, thus solving the problem of token velocity or increasing supply for an asset, which is a detriment factor in the increase of an asset’s worth. The token is divisible up to 8 decimals, ensuring the asset’s life well into the future and increasing usability. No new tokens can ever be minted and the supply can only decrease from now on. Genesis (GEN) is a deflationary project with emphasis on stability and development of use cases – a problem which plagues majority of crypt-projects especially deflationary tokens. It’s an open-source, decentralized and verifiable project with community participation. Our proprietary smart contract combines an extremely high supply of tokens (200m) with normal burn rate of 1.5% to ensure that the token supply doesn’t run out with heavy usage, after some time. Compared to other deflationary tokens, our token is intended for long term stable usage. We intend to develop actual use-cases, including but not limited to 1. Integration with e-commerce platforms 2. Branded wallet application for multiple platforms 3. E-gaming and betting platform to promote usage of our proprietary token. Specifications Name: Genesis Ticker: GEN Ethereum ERC-20 Compatible Token Contract Address: 0x334425Ef9a828e31fF27e0754A3198eDb714C57B Decimal: 8 Total Supply: 200 Million (200,000,000) Burn Rate: 1.5% or 0.015 Block Explorer: https://etherscan.io/token/0x334425Ef9a828e31fF27e0754A3198eDb714C57B Official Links Official Website: http://www.genesis-crypto.com Telegram Global: https://t.me/Genesis_en Reddit: https://www.reddit.com/user/Genesis_token Twitter: https://mobile.twitter.com/Genesis94320501 Language Specific Telegram Groups: Spanish Telegram: https://t.me/Genesis_Spa English Telegram: https://t.me/Genesis_en Italian Telegram: https://t.me/Genesis_ita French Telegram: https://t.me/Genesis_FR Exchanges BITREVEX GEN/BTC https://bitrevex.com/exchange/basic_trade/GEN_BTC GEN/ETH https://bitrevex.com/exchange/basic_trade/GEN_ETH EXNCE GEN/ETH https://www.exnce.com/market/GEN-ETH GEN/DAI https://www.exnce.com/market/GEN-DAI GEN/BTB https://www.exnce.com/market/GEN-BTB GEN/TUSD https://www.exnce.com/market/GEN-TUSD GEN/XRP https://www.exnce.com/market/GEN-XRP GEN/XLM https://www.exnce.com/market/GEN-XLM CashPAYZ GEN/CPC https://cashpayz.exchange/exchange/btc/cpc GEN/BTC https://cashpayz.exchange/exchange/gen/btc GEN/ETH https://cashpayz.exchange/exchange/gen/eth GEN/TUSD https://cashpayz.exchange/exchange/gen/tusd BITSTEN GEN/BTC https://www.bitsten.com/exchange/gen_btc GEN/ETH https://www.bitsten.com/exchange/gen_eth iNDOEX GEN/BSV https://international.indoex.io/trade/GEN_BSV GEN/BTC https://international.indoex.io/trade/GEN_BTC GEN/ETH https://international.indoex.io/trade/GEN_ETH GEN/EUR https://international.indoex.io/trade/GEN_EUR GEN/LTC https://international.indoex.io/trade/GEN_LTC GEN/USD https://international.indoex.io/trade/GEN_USD GEN/USDC https://international.indoex.io/trade/GEN_USDC GEN/USDT https://international.indoex.io/trade/GEN_USDT GEN/XRP https://international.indoex.io/trade/GEN_XRP CryptloCEX GEN/ETH https://trade.cryptlocex.com/exchange/?market=GEN2_ETH bamboorelay GEN/WETH https://bamboorelay.com/trade/GEN2-WETH SatoExchange GEN/ETH https://www.satoexchange.com/market/GEN/ETH Title: Re: [ANN] [GEN] Genesis Coin | Deflationary Currency | Stable | 1.5% Burn Rate Post by: blto83 on August 26, 2020, 04:53:41 PM CryptloCEX
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