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Genius Smart Financial Contract & corresponding Genius token (GENI) planned to launch on September 9, 2022 at 1:44 pm EST

Genius Smart Financial Contract & corresponding Genius token (GENI) planned to launch on September 9, 2022 at 1:44 pm EST

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IoT For All

- Publish Date: August 20, 2022

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IoT For All

- Publish Date: August 20, 2022

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(Sarasota, FL – August 10, 2022) On Friday, September 9, 2022 at 1:44 pm EST, South Florida based cryptocurrency developer Robert Genito plans to formally launch the product Genius Smart Financial Contract & corresponding Genius token (GENI) as a new store of value on the blockchain. The project recently completed a sacrifice event, which saw over $110 million in activity during the month-long event that set multiple records.

 

Since July 12, 2022, GENI has been in Beta Test Net with developers refining its systems to ensure a successful launch. As the first hyper-yield A.I. blockchain Certificate of Deposit, Genius has been designed to mitigate human corruption and biased bureaucracy. An algorithm is built into the contract, constantly monitoring the state of end-user commitments to adjust mining rewards in the case of market shifts.

 

The Genius token can be used to store value and generate passive income over a period of time by Genius Mining.  Similar to Bitcoin Mining, the new Genius tokens are only paid out to those who are mining for (or staking) Genius tokens.  With Bitcoin Mining, you need to purchase expensive mining equipment, use lots of electricity, and trust a mining pool.  All that disappears with Genius, as it’s built on multiple layer 1 blockchains, providing an environment that has much lower barriers to entry and better security.

 

More than five years of research and development went into building the Genius Smart Financial Contract and corresponding Genius token. The development team is being led by Robert Genito, an internationally recognized Blockchain Industry Expert, Chief Technology Officer, and Web Software Architect. With more than 23 years of experience in technology, Genito was personally responsible for helping Dash achieve global dominance as a top 3 cryptocurrency.

 

Genito’s goal is to make financial savings and security accessible to the masses, regardless of their political ideology or geographic location.

 

Investors that took part in the sacrifice event are encouraged to follow updates on Geni.app for the next steps to begin Genius Mining.

 

About Genius

Genius is a South Florida based savings and retirement product for the blockchain, on Ethereum and Pulsechain. The system models current central bank models but ensures that those that save and “stake” the coin receive the value of the future inflation. Additionally, it builds on the model of other such staking/mining tokens with several major technical and technological advancements, including a backend that features algorithms, to monitor the behavior of savers and ensure they keep their promises.

 

Learn more about this project at Geniustoken.com or Geni.app.  

 

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