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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	0.00055036452
1	0.00550364528
2	0.01100729057
5	0.02751822643
10	0.05503645287
20	0.11007290575
50	0.27518226439
100	0.55036452879
1000	5.50

USD	GS
0.1	18.17
1	181.70
2	363.40
5	908.49
10	1,816.98
20	3,633.96
50	9,084.89
100	18,169.78
1000	181,697.76

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GS to USD Conversion Table

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