GSP Program Details:
- Up to 31%, a total of 217,000,000 GNX, will be allocated to participate at a ratio of 3000 GNX/ETH.
- The GSP will end when the entire 31% of tokens are allocated to contributors or 140,000 blocks runs out, whichever is earlier. Any remaining tokens will be rolled into the community fund for future strategic allocation following listing of GNX.
- The GSP will officially start at block 4569923, estimated to occur around Nov.17, 2017 9:00 PM Singapore time (UTC+8).
- All GNX Tokens are non-transferable until the end of Genaro Support Program at block 4709923, the estimated time is Dec. 9,2017 9:00 PM Singapore time (UTC+8).
Note: GNX token sale is not open to any non-professional, non-sophisticated individual investors from the United States, the People’s Republic of China, or any other country that has or will restrict token sales as per relevant regulations in those countries.
Genaro Public Community: 85%
14% (with 98,000,000 GNX) Genaro Angel Investor and Early Supporter
31% (with 217,000,000 GNX) Genaro Support Program
15% (with 105,000,000 GNX) Community Fund
9% (with 63,000,000 GNX) Blockchain 3.0 Ecosystem, Genaro Hub & Accelerator
8% (with 56,000,000 GNX) Development Fund
5% (with 35,000,000 GNX) Node Reward
3% (with 21,000,000 GNX) Bounty Program & Airdrop
Genaro Internal Team：15%
9% (with 63,000,000 GNX) Cofounders
6% (with 42,000,000 GNX) Consultants To: Consultants for legal and financial matters, scientific research, business development, etc.
Genaro Foundation Budget
Genaro Romulus Plan (SPoR): 20%
Genaro Eden Plan(DAPP + Storage network): 20%
Genaro Altair Plan(Release Public Chain): 30%
Initial Node Acquirement: 10%
Ecosystem Development: 10%
Operation and Management: 5%
Legal and Finance Affairs: 5%
Genaro Advisor and Council Member
Mr. Bo Shen is founder of Fenbushi Capital and Blockasset Fund. He is the top mentor in blockchain industry and has been helping Genaro with global strategy and governance structure from beginning.
Angel Investor and Advisor
Professor David Lee of the Singapore University of Social Sciences is also the founder of California-based Left Coast and Singapore’s Ferrell Group. Professor Lee is an angel investor and also advisor of Genaro.
Kenneth Oh is a practicing lawyer specializing in corporate finance, with almost two decades of experience in venture capital, private equity, IPOs/ICOs and post-IPO/ICO funding. Mr. Oh is helping Genaro with legal structure and regulatory advisory.
Matthew Roszak is cofounder and chairman of Bloq and partner of Tally Capital, also the chairman of the Chamber of Digital Commerce, the world’s largest trade association representing the blockchain industry. Matthew is advising Genaro with business strategy and software development.
Professor David Lee
Famous Angel investor and Founder of Left Coast
“The world of decentralization celebrates as we push the frontier further with Genaro.”
Mr. Jun Du
Founder of Jinse Finance, Nodecap Capital and Huobi
“Genaro's original consensus mechanism, industry ecosystem plan, and the team's international perspective will be the most powerful disruptors of Ethereum.”
Mr. Matthew Roszak
Co-Founder and Chairman of Bloq and Partner of Tally Capital
“Genaro represents a new layer of critical infrastructure for a decentralized future — reimagining data storage will enable new development rails to provide distributed web services, and create a more resilient and secure Internet.”
Mr. Next Lin
Founder of LinkVC and cofounder of SosoBTC
“Genaro ecosystem makes deploying smart contract and storing data more secure and more efficient. Their decentralized solution is an effective supplement of centralized storage. I'm quite optimistic about Genaro's incredible potential in the individual and enterprise data storage market.”
Mr. Jingchao Liu
Founder of Stars Capital, BTC9 and Cex.com
“Genaro Network is the rising star in blockchain industry this year, its original consensus mechanism will definitely drive blockchain revolution. That’s why Stars Capital decided to fully support Genaro in a long turn after a deep research of its technology, business model and global resources. ”
Collinstar Co-Founder，Hcash Angel Investor and Honorary Chairman
“Great project needs great leaders, in the way of boosting project, Larry’s leadership impressed me greatly. ”
Mr. Jianbo Sun
Founder of Aware Capital
“Genaro Network will become one of the most important internet infrastructure as it provides everyone a secure and efficient decentralized storage service plus a sharing community that everyone has incentive to join in. ”
Genaro Network, as the creator behind the blockchain 3.0 concept, aims to contribute to blockchain infrastructure technology development. The Genaro Network is the first Turing Complete Public Chain + Decentralized Storage Network， to provide blockchain developers a one-stop solution to deploy smart contracts and store data simultaneously. The Genaro Public Chain uses PoS (Proof of Stake) as consensus, and creatively uses the SPoR (Sentinel Proof of Retrievability) algorithm as its storage consensus, which could increase both public chain scalability and file transferring speed.
Moreover, Genaro applies game theory to a sharing economy business model, thereby establishing a fairer rewards system for nodes. Meanwhile, Genaro provides end users with a private, efficient, economic, secure and permanent storage space and sharing community. As a member of Chainbase / Wanxiang, Genaro has attracted support from seven famous blockchain foundations, including BlockAsset, a subsidiary of Fenbushi Capital. Genaro is the revolution to move from "Cloud" to "Blockchain"! We believe that only when a blockchain is able to store and analyze big data in the real world can DAPPs be as useful as Internet APPs.