GNX FAQ

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GNX TOKENS

Genaro Network cannot comment directly on future exchange listings. We will announce future listings as soon as they are official or announced by the exchange itself. 

We treat liquidity as an important element of ecosystem growth and consider listings on exchanges to be beneficial for the interests of our community members and long-term project development goals. However, we do not directly endorse exchanges, and cannot offer technical support for the above sites. Please do your own due diligence before deciding to buy or sell GNX tokens on any particular exchange. Feel free to ask the community for assistance.

The token sale for Genaro’s GNX tokens was completed during November and December 2017. The token sale ratio was 1 ETH / 3000 GNX tokens.

Current GNX token circulation is about 233.7 million out of a total supply of 675 million GNX.

For information on market cap and aggregate pricing, token supply, and smart contract information, please see:

Please Note:

The above are all third-party websites not directly affiliated with Genaro Network, please do your own due diligence before deciding to buy or sell GNX tokens.

Genaro Public Community

Current Circulating Supply

233,709,607.8

34.62%

Community Fund

167,540,392.2

24.82%

Development Fund

54,000,000

8%

Node Reward

33,750,000

5%

Bounty Program & Airdrop

20,250,000

3%

  Genaro Public Community in Total

570,000,000

84.44%

Genaro Internal Team

Co-Founders

63,000,000

9.33%

Core Members

42,000,000

6.22%

Genaro Internal Team Total

105,000,000

15.56%

All-in Total

675,000,000

100%

GNX PUBLIC CHAIN

The launch of the Genaro Public Chain mainnet is scheduled for Q4, 2018. Please see the Whitepaper link (https://genaro.network/en/whitepaper/) for information about Genaro’s public chain.

Genaro Eden’s first open beta version was released December 31, 2017. The Testnet will launch September 1st 2018.

To learn more about Genaro Eden, Eden Sharer, and other Eden-related information, please check DAPPS Page:

 

OTHERS

At this time the GNX wallet is only embedded within our DApps. The official DAPP will be issued in 2018.

You may use most ERC20 wallets (ex: MEW, imToken, etc) and hard wallets (ex: Ledger, Parity etc) for your token needs.

The current version of GNX wallet is embedded within the GNX Eden and GNX Sharer Dapp. It will be automatically downloaded along with the DApp Pack download.

Genaro intends to link a public chain to a decentralized storage network. These projects do not utilize a public chain in this way.

Genaro Eden, like sia, storj, and ipfs, focuses on decentralized data storage. Genaro Eden is involved in storing processes in consensus mechanisms to address the current speed and efficiency issues of the blockchain industry while providing organized storage for decentralized applications. To learn more about the differences from the storage perspective: https://genaro.network/en/blog/post/compared-with-other-decentralized-storage-products-genaro-rises-based-on-its-accumulated-strength-1

GNX architecture allows more efficiency, speed, and big Data management. For further in-depth analysis of the Genaro hybrid consensus mechanism and the concept of  a more efficient chain that can handle big data, please refer to:

https://genaro.network/en/blog/post/an-in-depth-analysis-of-genaro-s-mixed-consensus-mechanism-what-is-a-high-efficiency-public-chain-for-big-data-processing