Digital assets marketplace Genius Assets is a new project allowing decrentalised investments in non-crypto assets. The ecosystem is underpinned by GeniuX, a utility token based on the Polygon standard. It will be used to support the tokenization of real-world assets, with a wide range of sectors covered including real estate, transportation, sports and arts.
Through tokenization, Genius Assets will make it possible for ecosystem participants to hold digital shares in properties and other assets via fractional ownership and receive a corresponding percentage of the income those assets generate. The aim of the project is to make the token economy a viable option for long-term holders seeking regular revenue. While many of the investment opportunities available via the GeniuX token will be traditional, the possibility of participating in and ICOs and NFT releases means the digital assets space will not be overlooked.
Genius Assets was first launched in 2021, and is holding its Token Generation Event in June 18th 2022, with the first real estate Fractional Ownership Project set to launch by the end of the year. A debit card, more real estate projects, an NFT marketplace and further DeFi integration will follow in 2023. The project founders ultimately hope to build the largest marketplace for high-value digital and physical assets on the blockchain