Earlier this month, a South Florida cryptocurrency developer soft-launched the crypto project Genius Token (GENI) as a blockchain solution for savings and retirement. The project’s goal is to raise $200 million in funds to back the currency through a unique sacrifice or ‘pledge’ model, which founders believe is the most equitable method of distributing tokens.
During this initial soft launch (with the final launch of the Genius Smart Contract and Genius Token – slated for mid-July) is that nearly $100,000,000 of value has been dedicated to the project from smaller investors within the larger cryptocurrency market.
Read more on BitcoinInsider.org.
– Zach Katkin, The Southwest Florida 100