We are excited to add a feather to the cap of GenShards— Finminity, a Polkadot driven cross-chain launchpad and Defi Investor services platform. Finminity will be an upstream IDO launchpad partner for projects on Genpad. 🚀
Finminity is an Investment Services platform that is affordable to Startups and SME’s, enabled through distributed ledger technology and blockchain. It acts as a Fund Origination & Service engine bridging the gap between the investment world and the blockchain space, marrying rules & regulation with new age DeFi technology.
With Finminity (FMT) Token driven ecosystem, the Finminity platform helps projects raise funding in a decentralized manner from the community of investors. This is enabled by a DeFi Token Engine which creates ERC 20 tokens based on Company Needs. It also has a decentralized Investor Services Platform with inbuilt staking rewards powered by Finminity DAO for permissioned community and investor voting for resolutions and other statutory obligations.
Projects on Genshards would be able to launch upstream for cross-chain IDOs on Finminity.Projects on GS will be able to make use of Finminity’s DeFi driven ETH and Binance Smart Chain (BSC) platform with inbuilt safety protocols of Value Locks, DAO and Milestone based fund release.
Projects on Finminity will be able to access pre-IDO liquidity through wrapped NFTs on Genesis Shards via Gen Tickets and collaborate with relevant projects on GenShards. They will also gain access to Genesis Shards’s high quality partner network including access, ecosystem and mentor partners.
The partnership adds one more valuable ecosystem partner to Genesis Shards’ network. More than 20 high-quality access, ecosystem & network partners have already placed their trust in GS and the network continues to grow as Genesis Shards gears up for the very first launch on the Genpad pre-IDO launchpad!
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“We are thrilled to have Finmity on-board as an ecosystem partner. Finminity solves the problems of fundraising through a harmonised, easy to use and secure platform that makes the life of Investors and companies easier.Through their investor services platform, tokenization engine, projects can configure the entire fund raise in a simple manner without needing to worry about investor enagagement during or after the fund raise. This partnership will greatly benefit projects on both our ecosystems respectively”
-Nilotpal Mukherjee, Genesis Shards Co-founder
“We are proud to partner with Genesis Shards to tap into their unique multichain pre-IDO liquidity offering! Our communities will benefit immensely from the high-quality support network on each of our platforms. This partnership will add immense value to both our platforms and create a symbiotic ecosystem for promising ventures to take advantage of. ”
-Raanngin Lahirih, CEO, Finminity
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Finminity is an innovative Polkadot-driven cross-chain DeFi investor services platform that is flexible, rewarding, and most importantly secures funds through DeFi safety protocols of Value Locks, DAO, and Milestone-based fund release.
About Genesis Shards
Genesis Shards is a decentralized ecosystem powered by Polkadot redefining NFTs as DeFi options, creating a permissionless environment of interchain liquidity for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens
The next major steps in Genesis’s journey will be announced soon ! Keep an eye on this space for updates.
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