What is GenEos-
GenEOS is a decentralized technological ecosystem developed on blockchain EOS for business.
It let’s a business to design and implement their own dapp and also provide these business with technical support and guidance.
GenEOS provides the features of 4th generation of blockchain which are :
permissioned hierarchical security, transparency, governance ,self executing smart contracts , high transact speed and constant updates for dapps build on genEOS. And also GenEOS will pay for delegating unconsumed bandwidth to other investors.
The main highlight of this token is that its securing legal and regulatory compliance and ensuring that the genEOS project is transparent for its users.
They have their test net software already ready and you can find the source code on GitHub.
GenEOS have three foundation partner
Aetsoft is technical partner of GenEOS.
They create and handle project related to blockchain, digital payment and trading and mobile development. This company has been in market for a long time (2006) and
they have around 60-70 people in a team to handle each project. They are still working on improving GenEOS according to feedbacks from users.
Openledger Aps is advisor for GenEOS projectand will be providing with media support as well. Openledger Aps have good experience and they were able to run 10 successful ICO’s raising around 90 million.They have work profile with different fields like insurance , Fintech and communication and assisted in creating custom blockchain.
NextGen.One is nonprofit organization based in United States of America.They are responsible for crowdsale support and administrative work such as KYC /AML verification , legal aspect and customer support.NextGen.One claims to make this project totally transparent to their potential investors and make sure fair distribution of tokens.Also, Daren H. Mangum , is a legal advisor for GenEOS with 25 years of experience as securities attorney. He is going to lookout that GenEOS follows latest direction by US SEC.
How to get GenEOS token ?
You can buy GenEOS token through ethereum for now and they are still working on enabling fiat currency to buy token.A little about token, they have almost 90 percent (900 million ) of total token supply available for sale. And to get a GenEOS token you have to transfer your ETH from wallet to the Ethereum GenEOS Token distribution smart contract.This project is giving away ERC20 token i.e. token on ethereum platform.They have soft cap of 2 million and if they don’t reach then collected fund will be refunded.
The crowd sale started on 26th June 2018 and will continue till 23rd December 2018. There will be total 175 slots /windows of 24 hours and in each window there is a target of 4 million token. Last slot will be of 8 days and will start from 18 December to 23 December 2018 with target of 200 million tokens.
Overall GenEOS have strong team and steady progress. At the time of writing they are going through their 24th window and gathered total investment of 409 ETH.Large amount of token is available for distribution and they are following US SEC set directions as well which makes it more reliable. If you have any doubts or enquiry then you can directly join them in telegram and connect directly with the team.
DISCLAIMER- THE OBJECTIVE OF THIS POST IS TO PROVIDE INFORMATION ABOUT THE PROJECT. THIS IS NOT A FINANCIAL OR INVESTMENT ADVICE. ICO INVESTMENT HAVE RISK.