GeniuX

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Description

GeniuX harnesses the IUX utility token based on the Polygon standard to tokenize real-world assets, including real estate, transportation, sports, and arts. Founded by Claudiu Buda and launched by Genius Assets in 2021, it offers a decentralized marketplace enabling fractional ownership and income generation from digital shares in these assets. The ecosystem supports ICOs, NFT releases, a debit card, and extended DeFi integration. With a total supply of 1 billion IUX, allocations cover public sale, strategic partners, incentives, and community rewards. The platform is secured by an East European IT & Blockchain firm and has an impressive 9.90/10 audit score from Hacken.

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FAQ

What is GeniuX and how does it use the IUX utility token?

GeniuX is a decentralized marketplace that facilitates the tokenization of real-world assets across various sectors like real estate, transportation, sports, and arts. Utilizing the IUX utility token on the Polygon network, GeniuX allows users to invest in non-crypto assets through fractional ownership. This feature enables holders to earn income proportional to their shares. The IUX token supports the marketplace's operations and helps participants engage in initial coin offerings (ICOs) and NFT releases.

What are the key benefits of using GeniuX for investing in assets?

By using GeniuX, investors can diversify their portfolios by accessing non-crypto assets through fractional ownership. This decentralized platform allows users to invest with ease and transparency, while earning returns based on their shares. Additionally, GeniuX plans to expand its offerings with a debit card, an NFT marketplace, and more real estate projects. The integration of DeFi elements further enhances the investment options available to participants, making GeniuX a versatile platform for modern investors.

How does GeniuX ensure the security of its platform and smart contracts?

GeniuX's ecosystem is developed by a top IT and blockchain company from Eastern Europe, ensuring a robust and secure platform. The smart contracts are audited by Hacken, receiving a high security rating of 9.90 out of 10. This auditing process focuses on cybersecurity and stress testing, addressing potential vulnerabilities to protect users and their investments. With these measures, GeniuX assures participants of a secure environment for their asset transactions.

How does GeniuX compare to traditional asset investment platforms?

GeniuX differentiates itself by bridging the gap between digital and non-crypto asset investments through a decentralized and tokenized approach. Unlike traditional platforms, GeniuX leverages blockchain technology to provide fractional ownership, secure transactions, and transparency. Users can participate in digital asset launches, including ICOs and NFTs, alongside real-world asset investments. This integration offers a diverse and forward-thinking marketplace experience beyond conventional investment avenues.

Who are the founders of GeniuX, and what is the company's background?

Founded by Claudiu Buda, GeniuX (operated by Genius Assets) launched in 2021, and Claudiu has an extensive background in sales, having built a community of over 200,000 customers across 17 countries. With a sales record exceeding 75 million euros, Genius Assets aims to create the largest marketplace for digital and physical assets on the blockchain. The platform's vision is to empower individuals to realize their potential by providing accessible investment opportunities.

What steps should a user take if they encounter issues while using GeniuX?

If users face issues with GeniuX, they should first explore the platform's help center or community forums for solutions to common questions. If the problem persists, reaching out to GeniuX's customer support team through official channels is advised, ensuring to provide detailed information about the issue for efficient assistance. Staying updated with announcements and reading platform guidelines can also help prevent and resolve potential complications.

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