What is Genaro Network (GNX)?
The Genaro Network is a decentralized storage network that offers a Turing-complete public blockchain. The project is seen as one of the pioneers of Blockchain 3.0. The platform provides a one-stop solution for blockchain developers to deploy smart contracts and store data at the same time. It provides critical infrastructure for providers of blockchain solutions, in a bid to encourage the usage of blockchain storage over cloud storage. It also aims to contribute to blockchain infrastructure development by creating common standards for decentralized applications.
The network plans to support and encourage the growth of the blockchain ecosystem by opening and operating a series of hubs around the world in places like Singapore and the United States. These hubs will provide places for the advancement of blockchain education and adoption. Additionally, it will encourage co-creation, co-working, and co-living. Furthermore, this hub will serve as an accelerator for ideas that have the potential to change the world of blockchain as we know it.
The platform has a native utility token called the GNX token. This token is described as the lifeblood of the ecosystem. On the price chart above, you can find the current Genaro Network price.
Use Cases of GNX Tokens
The main purpose of the GNX coin is to act as a medium of exchange on the network. It is designed as a way to compensate storage space lessors for leasing their spaces. The GNX crypto token can also be used in all decentralized applications built on the Genaro Network infrastructure.
However, the GNX token cannot be used for staking activities to give yields or for voting processes on the network. To maintain Genaro Network price stability, the token will not be used for speculative purposes as well. Recall that you can find the current GNX price on the live price chart above.
Who Founded Genaro Network?
The Genaro Network crypto project was founded by Larry Liu and a network of remote developers in 2017. Other key members of the team include Jason Inch, Weylon Wu, and Andrea Liu.
Tokenomics of GNX
As of writing, there is no maximum supply set for GNX tokens. However, the initial total supply stands at 650 million GNX. The distribution model of the token is unknown. To see the current Genaro Network price, you can refer to the live price chart above.
These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.
Followers
12.32K
Followers: 12,326
0.08%
Following
62
0.00%
Posts count
2,384
0.00%
These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
Subscribers
216
0.00%
Subreddit type
restricted
Moderators
0
These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
Members
2.19K
Members: 2,192
0.18%
Title
Genaro Network
These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.
Website Rating (DR)
28 / 100
3.13%
Ahrefs Rank
4,009,740
9.53%
Organic Traffic (mo.)
0
These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.
Public repos
41
Type
Organization
These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.
Stars
-
Watchers
-
Forks
-
Language
-
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