GENESIS
GENESIS
Jun 26, 2018 · 1 min read

CRYPTO-ASSETS: TOKENS AND CRYPTOCURRENCY

The Crypto-assets module provides the issue of project tokens within GENESIS’s framework. Project tokens are a digital dematerialized asset that is assured by real assets owned by the platform.

GES token is not a surrogate of shares and/or other securities and guarantees its holder all the rights provided by the terms of the purchase of tokens.

This type of crypto-assets certifies the right of the owner to get a share of profit from the commercial usage of real estate and guarantees its owner the right to participate in the activities of platform under agreed conditions and rules.

Investors will enter the project by purchasing a certain number of tokens. Investors can leave the project by selling the tokens. A token is an accounting investment unit. The profit of investor is calculated and distributed according to the number of tokens owned by him/her. All tokens accrues the equal profit regardless the price of purchasing by a project participant

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