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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	0.00050486417
1	0.00504864171
2	0.01009728342
5	0.02524320855
10	0.05048641710
20	0.10097283420
50	0.25243208550
100	0.50486417101
1000	5.05

USD	GS
0.1	19.81
1	198.07
2	396.15
5	990.37
10	1,980.73
20	3,961.46
50	9,903.65
100	19,807.31
1000	198,073.08

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