Genesis Shards announces FIRST EVER Polkastarter DUAL IDO on ETH & BSC
The First-Ever Dual-IDO on Polkastarter: Simultaneous launch on both Ethereum and Binance Smart Chain
We are excited to announce that Genesis Shards, the world’s first DeFi pre-IDO liquidity platform built on NFT swaps, will be launching the first-ever dual IDO on the decentralized fundraising platform Polkastarter.
Highlights
- Genesis Shards has raised $2.7M to tackle the problem of pre-IDO liquidity by reimagining NFTs as DeFi options
- With the strategic sale concluded successfully, we are moving onto the next phase of community distribution
- The community gets a fair opportunity to be a part of the Genesis Shards journey by taking part in our public distribution phase through an IDO partnership with Polkastarter
- We are pleased to announce that we are the first-ever project to launch a dual IDO on Polkastarter — making our distribution process much more accessible and equitable (read below for details)
The first-ever dual IDO on Polkastarter — Ethereum + Binance Smart Chain
Polkastarter is integrating Binance Smart Chain (BSC) to increase the accessibility of IDOs and to promote cross-chain interoperability. This integration allows projects to launch their Polkastarter IDO simultaneously on both Ethereum and Binance Smart Chain.
As the first-ever project to launch under this integration, Genesis Shards would not only get access to greater liquidity but also reach a wider range of audiences in the public distribution phase. IDO participants will be able to easily swap $GS tokens between Ethereum and BSC. The BSC support would provide community members with the option of cheaper gas fees while participating in the IDO, which we believe would make the distribution more equitable.
The date for the Polkastarter dual IDO will be announced shortly, so stay tuned to our social pages for further updates!
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About Polkastarter
Polkastarter is a permissionless DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot. With Polkastarter, decentralized projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current ERC20 standard.
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About Genesis Shards
Genesis Shards is a decentralized ecosystem powered by Polkadot redefining NFTs as DeFi options, creating a permissionless environment of interchain liquidity for pre-IDO tokens.
The next major steps in Genesis’s journey will be announced soon! Keep an eye on this space for updates.
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