What Is GeniuX (IUX)?
Digital assets marketplace Genius Assets is a new project allowing decrentalised investments in non-crypto assets. The ecosystem is underpinned by GeniuX Coin, a utility token based on the Polygon standard. It will be used to support the tokenization of real-world assets, with a wide range of sectors covered including real estate, transportation, sports and arts. Through tokenization, Genius Assets will make it possible for ecosystem participants to hold digital shares in properties and other assets via fractional ownership and receive a corresponding percentage of the income those assets generate.
The aim of the project is to make the token economy a viable option for long-term holders seeking regular revenue. While many of the investment opportunities available via the GeniuX Coin token will be traditional, the possibility of participating in and ICOs and NFT releases means the digital assets space will not be overlooked. A fully customized Marketplace solutions will be provided to our clients. Merchants and services will be integrated in it.
Genius Coin Assets was first launched in 2021, and is holding its Token Generation Event in June 18th 2022, with the first real estate Fractional Ownership Project set to launch by the end of the year. A debit card, more real estate projects, an NFT marketplace and further DeFi integration will follow in 2023. The project founders ultimately hope to build the largest marketplace for high-value digital and physical assets on the blockchain.
Genius Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Genius |
| Short Name | IUX |
| Total Supply | 80,000,000,000 |
| Max Supply | 100,000,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
The future Outlook
Real estate tokenization is a promising application of blockchain technology that will increase the investor base by increasing liquidity in the market, because it allows for more small-scale investor participation. This value proposition is particularly needed in real estate as the market for real estate is more valuable than any other asset class in the world, yet it remains highly illiquid.
Tokens are the next phase in the development of blockchain technologies, allowing investors to move from highly speculative cryptocurrencies without collateral to asset-backed tokens. As the amount of functioning secondary markets for real estate tokens grows, the adoption of this investment platform will continue to grow as well, which will help the real estate market continue to thrive.
IUX Price Live Data
The live GeniuX price today is $0.720050 USD with a 24-hour trading volume of $95,358.54 USD. They update our IUX to USD price in real-time. This is down 0.20% in the last 24 hours. The current CoinMarketCap ranking is #3850, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000,000 IUX coins.
If you would like to know where to buy GeniuX at the current rate, the top cryptocurrency exchange for trading in stock is currently QuickSwap. You can find others listed on crypto exchanges page.
Smart contracts
. To describe the real estate asset
• Define its compliance requirements
• Validate the investor Know-Your-Customer (KYC) profile
• Issue corresponding fund revenues shares to each verified investor
Benefit from Tokenization
GeniuX Coin Tokenization removes the middle man, making it easier and cheaper for investors to buy/sell real estate and for owners/developers to raise capital. Investors can trade tokens almost instantly and for a very low fee (similar to stock market trades). For owners, tokenization makes it possible to raise capital without financial intermediaries to underwrite the project.
Where anyone can have access to various categories of assets, by diversifying their portfolio in a simpler and faster way with the goal of creating a passive income easily.
