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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	0.00022531354
1	0.00225313542
2	0.00450627085
5	0.01126567713
10	0.02253135426
20	0.04506270852
50	0.11265677130
100	0.22531354261
1000	2.25

USD	GS
0.1	44.38
1	443.83
2	887.65
5	2,219.13
10	4,438.26
20	8,876.52
50	22,191.30
100	44,382.60
1000	443,825.96

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