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South Florida-based cryptocurrency developer Robert Genito has soft-launched the product Genius Smart Financial Contract & corresponding Genius token (GENI) on the blockchain.
The project recently completed a sacrifice event, which saw over $110 million in activity during a month-long event that set multiple records as the largest sacrifice event outside of Pulsechain, the third-largest sacrifice event overall, and one of the best-performing crypto assets in a bear market.
Genius was designed to emulate a banking Certificate of Deposit, except it is on the blockchain, in the control of the end user, with algorithms to help prevent large down trends.
– Cyndee Woolley, The Southwest Florida 100