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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	0.00077610113
1	0.00776101130
2	0.01552202261
5	0.03880505652
10	0.07761011305
20	0.15522022611
50	0.38805056529
100	0.77610113059
1000	7.76

USD	GS
0.1	12.88
1	128.85
2	257.70
5	644.25
10	1,288.49
20	2,576.98
50	6,442.46
100	12,884.92
1000	128,849.19

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