Genaro network is a data storage platform that developers can also build and manage Dapps (Decentralized Applications). It is the first dual-strata platform that allows development of Dapps and storage of data simultaneously. It acts as a one stop-platform for developers. It is fast and secure, able to carry out about 2000 transactions per second.
The platform features Genaro Accelerator that incorporates acceleration platform and resident incubation. This tool provides support to DappShow more [+] velopment, marketing, provides mentorship, technical expertise and community funding to assist developers create and run applications. It also features GNX SHARER and GNX EDEN. The sharer is the storage network on a dual-strata architecture and under the blockchain and sharing economy while the latter is a decentralized cloud storage area. These tools have GNX wallet embedded into them.
The platform utilizes GNX, an ERC20 token as its currency. It is compatible with GNX official wallet, and other ERC20 tokens wallets like MEW, imToken, Ledger and Parity among others. Its token sale ended in December 2017. 1 ETH was equivalent to 3000 GNX tokens. The sale raised $11 million. There currently about 233.7 million GNX tokens in circulation out of a total supply of 700 million.
N/B USA and China are restricted from using this platform.
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