01 Sep 202022:08
Splyt AMA Recap

Splyt AMA Recap

Maks (CryptoDiffer)Maks (CryptoDiffer)

Hello, everyone!😁

We are glad to meet here:
Saurav, partnerships, growth and content strategy at GenShards
Ashutosh, Partnerships,content & community at GS


Hello all !


Hey guys!

Maks (CryptoDiffer)Maks (CryptoDiffer)

Welcome Saurav and Ashutosh, thank you for taking your time today!
Our team has prepared 3 questions for you to start with!
Let`s start with the introduction !

Q1: Can you introduce yourself to our community?


Hello all !

I am Saurav - I work on partnerships, growth and content strategy at GenShards


Hi, I work on content and community at GS.

I have been involved in the crypto space since 2017. I hold an MBA from a top asian bschool and have experience of working in organisations with $100bn+ mkt cap

Maks (CryptoDiffer)Maks (CryptoDiffer)

Thank you for your answers!
Q2: Can you introduce Genesis Shards to us?


The name of our project is Genesis Shards ! πŸ’Ž

GenShards is a whole new marketplace for pre-IDO tokens on NFTs powered by Polkadot.

GS was created to usher in a new paradigm for DeFi transforming NFTs into a liquidity vehicle for pre-IDO tokens, and to introduce a whole new suite of DeFi products across multiple blockchains.
GenShards can be looked at from 3 perspectives - we call it the 3 'pillars' of GS 🏘

The 3 key pillars of Genesis Shards... πŸ’Ž

1 - LAUNCHPAD πŸ”₯πŸ”₯

πŸ“Œ GS offers a one-stop launchpad platform , and a holistic environment for great projects to meet great partners


πŸ“Œ GS is a game changer in this space - by enabling an entire new market for pre-IDO tokens πŸ’±πŸŒ 


πŸ“Œ With the Gen NFT swap technology behind it, the market for DeFi options is open to endless possibilities !

Pre-IDO GenTickets are just one of the first applications of this - we're barely scratching the surface πŸ“ˆπŸ“ˆ

Maks (CryptoDiffer)Maks (CryptoDiffer)

great answer, thank you
the last question from us before we open the community round of questions!

Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans?


Here’s a short recap of key milestones we’ve hit so far

1. Strategic fundraise round πŸ’·

We successfully closed a $2.7Mn fundraise with participation from industry heavyweights such as 3Commas, Block Dream Fund by OKEx, LD Capital, Spark Digital Capital, Santiago Roel Santos of Parafi Capital and Momentum 6, among several others.

Press coverage -


2. Hugely successful launch of the first-edition GenTicket NFTs πŸ€„οΈ

The launch of the $GS GenTicket NFTs (the first-ever GenTickets) received a staggering 215,000 registrations! 165 limited-edition NFTs were distributed to the community in this GenTicket sale.

Medium post -


3. The wildly successful public sale for the $GS token ☯️

Our public token sale via a Polkastarter Dual IDO received a groundbreaking 1,500,000 registrations! GS was the very first-ever dual IDO on POLS with a simultaneous launch on ETH and BSC ( successfully completed Apr 14th )

Medium post -


4. Key partnerships for GenShards 🀝

Genesis Shards has entered into partnerships with projects that are industry-leaders or cutting-edge innovators in their respective fields. Partnerships that have been established to date include :

Polygon, PolkaFoundry, Kylin, dART, Zeroswap, Raze network, CardStarter

πŸ“Œ We recently shared our roadmap, which discusses our progress in depth

5. Announcement of the Genvengers Program πŸ¦Έβ€β™‚οΈ

This was recently announced to take our community to the next level !
You are free to apply to it βœ”οΈ


πŸ•”The most recent update -

πŸ”₯6. Unveiling of the Genesis Shards launchpad - Genpad πŸ”₯

In fact, most recently we have announced the launch of Gen Access Clubs !♣️ https://t.me/genshardsANN/158
Milestones to look forward to : πŸ—Ί

Genpad β€” The First life πŸ”₯πŸ”₯

The first project launch on our launchpad will be revealed very soon!

ETA : 2May2021

Gen Access Card NFTs launch πŸƒ

This is something many community members have been asking us about. Access cards are your entry pass into the Genpad ecosystem; with different NFT cards enabling different access levels such as the GenTicket allocation size. Gen Access v1 is scheduled for release in May, and so far we’re ahead of schedule.

ETA : Early May β€˜21

$GS token staking ☯️

You will soon be able to stake your $GS tokens and earn rewards. Development for this is underway.

ETA : May β€˜21

A special note for Gen Ticket and $GS token holders 🎁

Some really cool updates for $GS token and GenTicket NFT holders are also on the cards, to be unveiled very soon πŸ”₯πŸ”₯

For more detail on Tech+product roadmap - please refer to this ama_article πŸ‘‡


Cryptodiffer CommunityCryptodiffer Community

What is your strategy for building a strong community? Do you agree that the power of the community will lead your project to develop globally? What services do you provide to the community?


Community is at the core of Genesis's vision.

The very heart of the product focuses on two main challenges faced by the community in Pre-IDO space :
- lack of liqudiity in OTC markets πŸ’§
- inconsistent OTC trade practices in uncertain environment ⚠️

In addition to this, our vision involves creating a community centric marketplace where retail members get access to early-stage entries in some of the best-vetted projects in the DeFi space β€” on the same stage as VCs/ institutions,

Community plays the most significant role in the Genesis Shards ecosystem, right from the ground up. ⚑️

- - -

Cryptodiffer CommunityCryptodiffer Community

Can you tell us more about Gen Access cardsβ€Š, Gen Tickets, and Gen NFTX? Why were they developed and what function does each perform on your platform?



Gen Access: πŸ—
$GS Tokens are required to be swapped for Genesis Access NFTs to be a part of the Genesis network. Based on the amount of tokens held access tiers are decided enabling different access rights to its users.

Gen NFTX: πŸ€„οΈ
$GS token is the native token on the NFTX platform allowing users to benefit from reduction in Swap fees for tickets, access cards or Gen smart contracts.

Gen Tickets: 🎴
Each β€˜Gen Ticket’ will have a varying amount of Pre-IDO tokens that are inside. The tickets themselves can be traded on an NFT exchange like OpenSea (later on NFTX) β€” or they can be swapped for tokens after the IDO, at the time of the token generation event.

Cryptodiffer CommunityCryptodiffer Community

Can MANTRA DAO users access Genesis Shards' pre-IDO liquidity solution for projects launched on the ZENDIT launch pad?

What is the advantage of using $ GS tokens on the ZENTEREST lending platform? What advantages are there in your cooperation with the Mantra?


We have recently announced a comprehensive partnership with MANTRA DAO! πŸ”₯⚑️The partnership will enable projects launching on the MANTRA DAO ZENDIT launchpad to get access to Genesis Shards’ pre-IDO liquidity solution; and will also make it possible to utilize $GS tokens on the ZENTEREST lending platform.

Projects on Genesis Shards will be able to take advantage of an upstream opportunity to launch their projects on ZENDIT. GenShards projects will also be able to explore collaboration opportunities with the ZENTEREST lending platform as well as with other ecosystem partners at MANTRA DAO.πŸŒπŸš€
In fact, MANTRA DAO is one amongst our IDO partners. We have partnered with some SOLID names in the launchpad space, and it is just the first cohort!⚑️πŸ’ͺ

Do read our recent announcement regarding our launch partners! πŸ˜€


Cryptodiffer CommunityCryptodiffer Community

Can you explain the overall tokenomics and liquidity locks about $GS and Genesis Shards ?



πŸ“Œ $GS token Overview

Name: Genesis Shards
Symbol: GS
Type: ERC-20 and BEP-20 compatible | Decimals: 18
Total supply: 208,969,354
Initial Circulating supply on launch: 12,030,988
Initial Market cap on launch: $1,443,712
Seed round: $0.05/Token | Strategic round: $0.075/GS | Private round: $0.095/GS
Unlocked round (POLS IDO & Gen Tickets): $0.12/GS

πŸ“ŒFor more detail - please refer to this post
@makscryptodiffer I think I can take two more questions from the community

Maks (CryptoDiffer)Maks (CryptoDiffer)

Well noted
Sounds good

Cryptodiffer CommunityCryptodiffer Community

What is your roadmap for 2021? What are notable milestones we should look forward in 2021?


The roadmap has been explained above in the first set of questions. Additionally, you can read the detailed roadmap here πŸ‘‡


Also, to stay updated with us, follow us on our social media channels πŸ‘‡

(https://twitter.com/GenShards)Telegram community
(https://t.me/genshardsCHAT)Telegram announcements channel (https://t.me/genshardsANN)

Cryptodiffer CommunityCryptodiffer Community

What are the marketing strategies of your project? What will you do so that your project will be visible in crypto field and people come to explore your project


For Genesis - adoption would be both in terms of

a) DeFi projects adopting it as their early stage partner, and also 🀝
b) the community, using our pre-IDO marketplace platform πŸ‘₯

Once we have promising early stage DeFi projects choosing us as their preIDO partner - the community side of the equation will largely take care of itself. Excited to share that we are already seeing massive interest from DeFi startups interested in our ecosystem and product.

In addition to this, we have a strong network of Access partners who will be helping us expand our 'field of vision' - by helping bring in promising early stage DeFi projects into our ecosystem. πŸ’Ž

The cherry on top is the strong marketing background and networks of our team in the DeFi space. ..our Co-Founder Garlam Won headed marketing at Harmony, and has consulted several top-tier DeFi projects in this space 🌌
Rest assured, our team has a very strong pedigree in the crypto space and marketing the project becomes very easy with such background. To give you a brief, Genesis Shards is a 12 member strong mission driven global team that has built and scaled products at Harmony, Marlin, EOS, Accenture, Deloitte, and Wharton.

It was co-founded by Nilotpal Mukherjee and Garlam Won in 2020, both having a combined 12+ years of crypto experience.

Nilotpal started his career as an investment banker with Deutsche working on deal structuring, valuation and IPO processes, and later was a strategic consultant at Accenture before taking the first step in Crypto back in 2015. Later in 2018 he joined and headed the Business at Marlin (a 1.7Bn$+ project atm), and was instrumental in early growth of the company laying a strong foundation for the brand.

Garlam Won has also been in the ecosystem since 2015, and previously headed Marketing at Harmony before starting his venture - Momentum 6. He has been behind the marketing of some of the top DeFi & NFT projects in the space including the likes of Band, Kava, Mantradao, and 25+ others . He further exerts influence in various parts of the Blockchain Ecosystem through his in-depth connections in Korea, China, Canada and US.

As part of the Core team, we have Jae Chung, who is our superstar blockchain engineer and is heading the development team at Genesis. He became known in the space through the EOS.IO mainnet launch as a gifted developer, with his abilities eclipsing those of his experienced peers. Jae is often invited to speak at prominent conferences and can be found discussing the benefits/pitfalls of blockchain technology during interviews.
@makscryptodiffer I think we can wrap it up here! It was an engaging interaction with the groupπŸ˜„

Before we close, let me remind the group to follow us on social media for the latest updates πŸ‘₯
Medium | Twitter | Telegram community | Telegram announcements channel

Maks (CryptoDiffer)Maks (CryptoDiffer)

Thanks for your time
Appreciate all the great answers


It was a pleasure !πŸ˜„