$GEN Lockup Schedule Extension

Generation Foundation Editer
Generation Foundation
2 min readOct 25, 2022

Hello. This is Web 3.0 protocol Generation($GEN).

Generation’s Seed and Private1 investors have agreed to extend the $GEN lockup for the development of the Generation ecosystem.

The Generation team is currently running the Generation Chain Testnet, and is developing the Pinetree Space and 3 Seconds Club products that run on the Generation chain.

We’ll be updating our product launches and lots of news in the coming weeks. We believe that the extended lock-up period and burn of $GEN will allow the ‘Generation Protocol’ to be recognized as the standard in the Web 3.0 market.

$GEN Lockup Schedule

  • Unlock from March 28, 2023 (postponed by 6 months)
  • Linear vesting for 6 months starts on March 28th 2023

About Generation

Generation (GEN) is an interoperable protocol for extending the Web 3.0 ecosystem.

GEN intends to actively support the three values of ‘freedom’, ‘sovereignty’, and ‘decentralization’ while composing the Web 3.0 ecosystem. The first ‘freedom’ guarantees ‘freedom’ of expression and the privacy of data by utilizing blockchain. The second ‘sovereignty’ allows users to strengthen and own the ‘data sovereignty’ in the Generation ecosystem in line with the Web 3.0 era and obtain rewards by using it. The third ‘decentralization’ utilizes Generation Protocol to operate decentralized networks and assets.

Through these three values, users can experience the true Web 3.0 and become the members of GEN ecosystem.

Why Generation?

GEN utilizes the GEN Protocol to allow projects of various blockchain networks to solve the on-chain scalability trilemma of the blockchain network by utilizing the functions of GEN Protocol and Generation’s products, Pinetree Space and 3 Seconds Club. Participants can expand and complete the Web 3.0 ecosystem with users through fast transaction speed and payment.

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For more information or partnership inquiries, please contact us at contact@gen.foundation.

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