Happy new year! Here’s the Generation 2022 recap.
2022 was a very interesting year for the development and regression of the Crypto market.
It has been proven that business value does not increase simply because the coin price increases.
In the future, we need to focus more on increasing business value from a long-term perspective and strive for a natural rise in token prices based on actual demand.
The blockchain market is still in its infancy, and as Web2 companies advance into the Web3 market, the blockchain market will become a globally essential industry.
‘Generation’ wants to recap 2022 for the growth of 2023. We ask for your support from the community in 2023.
Happy new year!
Jun : MOU with UN SDGs Association
Generation Foundation has signed an MOU with the UN SDGs for the purpose of NFT and technical cooperation.
July : Integrating Chainlink VRF
By integrating Chainlink VRF (Verifiable Random Function) into the Generation ecosystem, it is now possible to provide a fair on-chain random value through verification, free from the risk of manipulation.
July : MOU with BLOCKO
Generation Foundation has signed an MOU with the BLOCKO for the purpose of growth in the ecosystem of Web 3.0 & NFT.
August : White Paper 2.0 has been released
Generation Foundation has developed and launched solutions and products to revitalize Generation’s ecosystem and provide our own technology and products to users.
August : Listed Exchange
Generation’s $GEN has been listed on the ‘Probit’.
September : Joined Conferences(Near, CoinfestAsia, KBW2022, AvalancheHacks, Polygon Connect)
The Generation team attended various conferences for network collaboration.
- Near MeetUp in Bali(Indonesia)
- CoinfestAsia MeetUp in Bali(Indonesia)
- KBW2022 in south korea
- AvalancheHacks in south korea
- Polygon Connect in south korea
October : MOU with ONBUFF(ONIT) & ART DE FINANCE(ADF)
Generation Foundation has signed an partnership with the ONBUFF(ONIT) & ART DE FINANCE(ADF) for the purpose of expand in the ecosystem of Multichain.
October : Explorer dev-Testnet launch
GEN Explorer dev-Testnet has been launched.
GEN Explorer will provide services for dApps onboarding to Generation Mainnet in the future, starting with Tx service for the initial 3 Seconds Club chat history.
October : Joined Conferences @BWB2022
Generation Foundation held an private yacht party & airdrop event booth. Global crypto companies such as Binance, CoinMarketCap, Crypto.com, FTX, Huobi, and Gate.io participated in BWB2022 hosted by Busan City.
October : $GEN Burn & Unlock Schedule
Generation Foundation decided to burn some of the allocation amount($GEN) of investors, team, advisors, marketing, and liquidity of $GEN to revitalize Generation protocol and products.\
October : $GEN Lockup Schedule Extension
Generation’s Seed and Private1 investors have agreed to extend the $GEN lockup for the development of the Generation ecosystem.
November : Supports Polygon networks
Generation supporting Polygon as part for multi-chain integration.
GEN distributed on the Polygon network will be supplied with liquidity through the platform, and can be transferred through the bridge after the sale lockup volume is released on 3/28/2023.
November : 3SecondsClub App Launching
Generation Foundation released Web3 socialfi app ‘3 Seconds Club’ on android google playstore.
The #Web3 community is a group that activities sincerely on that platform. Until now, the Web3 community is mainly used on platforms such as Metaverse, but #3SecondsClub is the only Web3 socialfi messenger that can communicate in real time.
November : 5,000,000 $GEN liquidity supply to Quota Protocol
Generation supply 5,000,000 GEN to the Quota Protocol’s liquidity pool as a part of plan for expansion to Polygon ecosystem.
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.
📍Webpage | 📍Twitter | 📍TG Group | 📍 Facebook | 📍White Paper 2.0 | 📍ProbitGlobal(Exchange) | 📍GEN Explorer |📍3 Seconds Club(Google playstore)
For more information or partnership inquiries, please contact us at contact@gen.foundation.
