The First Blockchain 3.0 Ecosystem Built on a Turing-Complete Public Chain with Decentralized Storage.
TOKEN SALE / ICO
Token Sale: November 17, 2017 – December 17, 2017
Token Sale Price: 1ETH = 3000 GNX
Total Tokens: 700,000,000
Allocation: 85% Public Community / 15% Internal Team
Hard Cap: 67812.5 ETH
We conducted a brief Q&A with Jason Inch (Strategic Lead) of the Genaro Network over Telegram on November 20.
How did the idea for the Genaro Network come about?
The Genaro Network project was, like many innovations, born out of frustration and necessity.
The frustration, in this case, was that experienced by Larry Liu and Waylon Wu, two of the four Genaro co-founders, who are blockchain developers and experienced first-hand how complicated it was to store and access data using blockchain. To be sure, there are a number of ways to do this, including on-chain and off-chain solutions, traditional cloud storage providers, and so on, but each of these presented some challenges and drawbacks.
So they conceived of a blockchain that would have storage solutions built directly into it, allowing developers to create their DAPPS faster and have them operate more efficiently.
The third component, the integrated Hub and Accelerator, came through the other two co-founders, Jason Inch and Andrea Liu, who have backgrounds in social enterprise and coworking space operations. They saw how effective it was to build community when you run your own hub with a focused theme.
When do you estimate Genaro Network to have a working product out?
Genaro Network is currently running on Ethereum as a test net and has demo applications, such as Genaro Eden, in beta. In cooperation with STORJ, Genaro will be localizing and launching products for the Chinese market. All of these things are either happening already or will be well underway by the end of 2017.
In 2018, Genaro will begin incubating other DAPPs in 2018 and launching projects it calls Episilon and Romulus, and Genaro will launch its own public chain in 2019 or sooner depending on the test net results.
Where will the Genaro Accelerator be located? When do you anticipate it will launch?
The first Genaro Hub and Accelerator will be launched in Singapore in early 2018. Potential locations have already been scouted, and the decision will be finalized by the end of 2017.
The priorities for location selection will include proximity to university and innovation areas of the city, as well as being close to other blockchain ecosystems that are developing in the city.
Additional hubs, in Shanghai, San Francisco, Tokyo or Nagoya, Kiev, and elsewhere are being considered.
Larry Liu – Project Lead
Jason Inch – Strategic Lead
Waylon Wu – Technology Lead
Andrea Liu – Operation Lead
Bo Shen – Advisor (Founder of Fenbushi Capital)
David Lee – Advisor
Kenneth Oh – Advisor
Matthew Roszak – Advisor