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Genesis Shards (GS) is a whole new marketplace for pre-IDO tokens on NFTs powered by Polkadot. GS was created to usher in a new paradigm for DeFi transforming NFTs into a liquidity vehicle for pre-IDO tokens, and to introduce a whole new suite of DeFi products across multiple blockchains. 

Most pre-IDO transactions are currently being executed in OTC. With this come the problems of a) illiquidity and also b) the big problem of highly inconsistent OTC trade practices for pre-IDO tokens. Trades are often conducted by two parties in an uncertain environment with a high risk of default.

GS aims to 'NFT-y' the OTC market - transforming NFTs into a liquidity vehicle for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens. Also, investors will no longer have to worry about shady OTC deals with high default risk : they can simply utilize the safe, trustless pre-IDO liquidity provided by Genesis NFTs. 

Genesis Shards

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GS	USD
0.1	0.00063132191
1	0.00631321911
2	0.01262643822
5	0.03156609556
10	0.06313219113
20	0.12626438226
50	0.31566095566
100	0.63132191133
1000	6.31

USD	GS
0.1	15.84
1	158.40
2	316.80
5	791.99
10	1,583.98
20	3,167.96
50	7,919.89
100	15,839.78
1000	158,397.80

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