Genesis Pool Tokenomics and Roadmap
By: Admin Genesis Pool
Tags: Decentralized Finance, Bitcoin News, Cryptoinvestement, İdo, Cryptocurrency

Genesis Pool Tokenomics and Roadmap

Genesis Pool to showcase its groundbreaking approach to IDOs by releasing 67% of its tokens to its investment community. Admin Genesis Pool Follow Jul 26 · 3 min read

Genesis Pool (GPool), the cross chain decentralized launchpad, is today announcing its own tokenomics for its IDO launch in late August.

Since its inception, GPool has highlighted the fact that so many launchpads don’t put their retail investors’ interest first and fail to secure adequate pre-sale tokens for their IDOs. GPool is committed to the principle that retail investors, participating in IDOs, should be able to be whitelisted and given the opportunity to buy sizable allocations of pre-sale tokens.

Therefore, GPool will make 67% of its tokens available for purchase. Those whitelisted will be guaranteed an allocation per person of between $500 and $1,000.

Genesis Pool Tokenomics

This means that 67% of the total tokens being minted will be allocated to investors who have gained whitelisting, with no vesting period after launch. This will result in an immediate 67% market cap dilution and will be the most generous allocation of tokens in a launchpad IDO.

How will the remaining 33% of tokens be allocated?

GPool will initially be listed on Uniswap and this will be followed by a further 3 to 4 other decentralized exchanges (DEXs). Each of these DEXs will require liquidity and 13% of the tokens will be used for this purpose.

Marketing activities will be 13% of the tokens and the team will receive 5%, which will be vested for 3 months (future vesting period to be released closer to the end of the first 3 months).

GPool have recently announced the Genesis Staking Pool which will reward long-term holders of the GPool token. The final 2% of the tokens will be allocated to this staking pool, rewarding those investors who participate from launch.

GPool Project Lead commented:

GPool allocating 67% of its tokens to its investment community will set a fantastic example to the whole of the launchpad sector and will set a precedent for all future IDOs launched on our platform.

With no seed or private investors, there will be no whale wallets that can cause a pump & dump in the price after launch. We want to ensure it’s our investors who are the seed investors in GPool and will profit from our success.

GPool Roadmap for 2021/22

GPool is also announcing today a proposed roadmap so our investors can understand what key events and milestones we hope to achieve this year and in 2022. This is work in progress and further announcements will be made in due course.

Product Development in Q3

Web App stage 1 launch Native GPool token raise and DEX listing Single sided staking platform Genesis Pass launch USDT/USDC support

Business Development in Q3

Whitepaper published Three IDO projects launched: yes we have secured three projects already Security and auditing partnership Layer 1 partnership Strong community growth & engagement

Product Development in Q4

Automated CMS Staking platform audit Governance model Automation of IDO smart contract integration application Web App stage 2 Native bridge Further DEX listings Multiple stable coin integrations

Business Development in Q4

Multiple IDO projects launched Further development of partnerships Genesis Pass and staking pool growth DeFi ecosystem built

Development in 2022

Incredible deal flow of IDOs Further DEX listings GPass & Staking platform V2 On-chain: ETH, BSC, DOT and multiple networks Fully interoperable platform Bridge V2

GPool is very excited for the next stage of its development and we welcome all our community to follow us as we grow into one of the most progressive launchpads in the marketplace.

For further information please follow us on Twitter, Telegram, Discord and register your email on our website for all future whitelistings.