Towards Block Chain 3.0 Times – Genaro completes the first round of Token Sale


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Reporter: pencil boxn

Genaro is based on the block-chain to the center of the storage network, Genaro’s vision is to become a block chain 3.0 storage ecology of the founders. On August 17th, Genaro officially opened the first round at block 4168800 (18:38 and 01 seconds). The first round of Token Sale in 13 minutes, 35 blocks within the end, thus, the first round of 21%, a total of 477 million GNR distribution is completed. This is one of the few teams that have completed Token Sale as soon as possible.n
nIt can be seen that the market in its most direct way to declare the block chain 3.0 era is coming soon.n
nGenaro takes GNR from the highest international standard contract and gets involved in the official website of Token Sale, who gets GNR immediately, participates in community whitelist lockout, ICOAGE, Tokencapital’s early lockout will carry out GNR distribution at block height: 4,220,135 (Expected on August 31, the specific time depends on Block arrival time and platform distribution speed). At that time, the current round of 47 million GNR transfer function will automatically open. The Genaro team appreciates the expectations and support of the GNR Token Sale participants, as well as the community’s partners who have made valuable comments on product development.n
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nAbout Smart Contractsn
nGenaro is one of China’s few Token certified on Etherscan (several others, including small ants and quantum, etc.) and is the only Token that has not yet been booked by Etherscan. And Genaro Smart Contracts are also certified at Etherscan.n
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nGenaro Smart Contract takes the highest practice of international standards. Has the following functions:n
nn1, Token in accordance with the designated block at the beginning and end of the linear release, in the etherum explorer can carry out all the specific lock to find the lock block range, through the intelligent contract constraints, rather than simple oral agreement.n
nnn2, Token Sale in accordance with the designated block began to end, after the end of the process can be carried out Token transfer, to ensure the safety of GNR.n
nnn3, the operator of the entire Token Sale process is a smart contract, not an individual.n
nnAmong the many participants, through the Etherscan record can see many transactions because it is not properly set up by the intelligent contract automatically return to the original road, as shown below, the first record operation is successful, the second and three records failed:n
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nNeed to set Block, Gas Limit, Price parameters are as follows:n
nnBlock: 4168800, custom gas price is 24Gwei, gas input 300000n
nnChina Token Sale is rarely regulated in accordance with international practice, so many of Token Sale participants are not familiar with the concept of smart contracts, and Genaro played a very good example in this regard.n
nIn this regard, Genaro project leader Liu Yu said, “Token Sale is the most important smart contract, but also means fair and transparent, there is no use of smart contract Token Sale is no way to ensure that the avoidance of artificial omission, and the use of smart contracts should be Minimum standards, not the highest requirements, because any one of the chain – chain projects is the most basic of intelligent contract development and deployment.n
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nThe allocation of funds for Token Salen
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nAt present, the most important task is to develop, build the storage network is difficult and the workload is great, Genaro development team is also expanding, there are dozens of block chain applications have been with Genaro good future cooperation intention, need as soon as possible Introduce mature products. And a small part of the cost for the 2C and 2B marketing, as well as the company’s operations management.n
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nSecond round of Token Salen
nGenaro released the second round of Token Sale 21%, a total of 477 million GNR, the specific opening time is not convenient to publish, the time of the exchange will be released in the second round of Token Sale plan when the simultaneous announcement. At the same time, Genaro team to develop products, cooperation to discuss the landing for the first priority.n
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nThe proportion of the distribution of Tokenn
n85% of Token in the Genaro project will be distributed to the public community, of which 51% will be distributed in the form of Token Sale, and there will be part of the node bonus and ecological construction. The incentive block chain application is transplanted in the Genaro network, 3.0 ecology while leaving bounty activities to organize block chain programming competitions and discover new talent.n
nAs for the main use of community funds, Genaro project leader Liu Yu said, “the most important thing is to establish a global Genaro project development and business community, to create a landing ecology, such as the world’s best universities, including Stanford University , Tsinghua University and other hatching chain chain entrepreneurial team to jointly complete the Genaro part of the development of functions, as well as the integration of the chain chain chain of industrial storage business promotion.n
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nIt is understood that Genaro founding team only retain 9% of the Token. On the subsequent development, Genaro project leader Liu Yu said, “Genaro to build the future of the chain of the ecological chain, the imagination is very large.No future block chain DAPP can be based on Genaro Network to create greater value , And other storage items, such as Storj, IPFS, etc., have shown that Genaro has great potential, and the founding team will always hold tokens, and the three-year unlock will continue to advance the block chain revolution.n
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nGenaro to the centralized storage networkn
nGenaro is a block-chain 3.0 storage ecology creator, the first ICO to issue ERC-20 standard tokens to the centralized storage network. Genaro provides a common chain storage network for the block chain DAPP, which developers can use to store data on the Genaro Network and record transactions with smart contracts. The use of block-chain technology, you can in the era of large data to provide a private, safe, efficient, low-cost, permanent online personal and business storage space.n
nIn addition, Genaro uses a shared economic model to create a storage space sharing community where users are free to use GNR token transaction storage space. Genaro Ltd. is a nonprofit fund based in Singapore. Genaro international team members are mainly from Silicon Valley and Shanghai, China. Genaro is the second team of the new chain, access to distributed capital management subsidiary BlockAsset and other seven internationally renowned fund support.n

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