Seed - Presale

Initial token distribution:

Supply	1,000,000,000
Presale	560,000,000
Liquidity	410,000,000 [LP will be locked before trading starts]
Team	30,000,000 [Will be locked/vested upon launch] 1m cliff, 6m linear vesting

Seed round:

On May 3, 2024, Genesis DAO announced on Discord the commencement of an initial seed round to raise $10,000 to cover pre-launch expenses such as security audits, deployment infrastructure, and website development. The funding goal was reached within 22 minutes although the selection of reputable members took 3 hours. The 20 early supporters, were rewarded with a 30% bonus in tokens based on the presale valuation and a special "early supporter" role on discord.

To ensure fairness, the allocation per individual was limited to $500, enabling broader participation while preventing complications in raising funds from a larger pool of contributors. Consequently, this allocation structure results in seeders earning a total of $150 on their $500 investment, a figure deemed reasonable and equitable.

Presale:

At the time of writing, the date for the presale has not yet been set as work is still in progress. It is expected to take place in June 24th 2024 10 PM UTC.

As the Genesis smart contracts near completion, we invite users to join us on our socials.

Genesis Presale Details:

• Total Supply: 1 Billion $GEN Tokens

• Presale Allocation: 560 Million $GEN Tokens (56% of the total supply).

• SoftCap: $100,000

• HardCap: $300,000

Presale participants will gain an immediate increase in value of 10% at the time of launch and will not have to deal with impact or taxes at launch.

How to Participate at the presale:

Set up your wallet (over 400 compatible wallets, ETH required) and join the presale by visiting https://presale.genesisdao.io/ and connecting your wallet, selecting the amount of ETH to invest, and clicking "Join Presale".

Between the presale and the launch, an extensive advertising campaign will be conducted.