Genesis Space

Genesis Space

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Genesis is a DAO (Local Autonomy Autonomous Organization) based on the block chain. In Genesis, users (nodes) update community rules and vote to block protocols. Genesis provides extensibility through side chains. Each side chain is considered a virtual country. Each country has its own governance method, which can provide infinite possibilities. Everyone can start a side chain so that you can sign a smart contract with Ethereum. Genesis team members come from famous universities such as CMU, Harvard, Berkeley, Colombia, and Kuke. These engineers have extensive experience in companies such as Google, Ebay, Alibaba, and Oracle.
Aug 4, 2018
Sep 4, 2018
100% completed
Raised funds - no Data
past
Company Details
Registered Country
United States
Additional Details
KYC
Yes
Categories
Platform, Other

About Genesis Space

  1. Consensus Protocol: DDPOS. High TPS; a balance between meritocracy and democracy; avoid becoming a dictatorship of the few.
  2. Sophisticated System Upgrading Mechanism: In the blockchain world, each upgrade is a hard fork. Due to all sorts of reasons, some users do not choose to upgrade their clients, thus detaching from the consensus with the latest clients and depreciating the value of the system. Genesis builds-in the functionality of voting, so that the upgrade will be automatically conducted when the majority of the community reaches a consensus. As a result, the value of the system will be inherited even after the system is upgraded.
  3. DApp Store (V1.0): In the traditional concept, main chain is akin to windows operating system, on which DApps are inconsistently scattered and disorganized. In Genesis, DApp Store is the entrance for all normal users, upon which developers and users must comply with certain rules and regulations. As a decentralized autonomous organization, the regulating system is decided and voted by community members. As for the original ruling principals, Genesis introduces a ranking mechanism similar to Reddit (ranked by users’ votes).
  4. Sidechain with Built-in Storage: Almost no existing blockchain infrastructure has any built-in storage functionality. Although platforms such as Storj and siacoin enable developer to store data, these chains are sophisticatedly designed, which are much more suitable for professional decentralized storage scenarios. However, Genesis sidechain has a built-in data storage economic system, which allows developers to call directly when they are developing applications in need of a huge database.
  5. Development Completed 30%: Coded through Rust. The programmed system is secure, concurrent and efficient. Framework Chain is estimated to launch by September 2018 and the testnet of the mainnet by December 2018.
  6. Compared with other public chains: As a blockchain operating system, Genesis is scalable through sidechains.

Genesis Space Roadmap

  • March 2018

  • Whitepaper v1.0
  • June 2018

  • Tokenomics
  • September 2018

  • Dev roadmap
  • December 2018

  • Testnet
  • Read More
  • March 2019

  • Dev environment setup
  • June 2019

  • 1st update of constitution
  • December 2019

  • 2nd update of constitution

Genesis Space Team

Verified 86%

Attention. There is a risk that unverified members are not actually members of the team

Alex Li
Developer
verified
Tony Ma
Developer
verified
Vivian Yang
Developer
verified
Chen Han
Developer
verified
Eric Deng
Developer
verified
Kelvin Zhu
Developer
unverified
Gary Li
Developer
verified

Genesis Space Interviews

Alex Li
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Founder and CEO. Please, no more wasting time on ratings and stuff. We want to focus on dev.
Tony Ma
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
The whole Genesis story looks really promising to me, and my goal is to finish implementation and bring this project to life.
Vivian Yang
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Research and development
Chen Han
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Research and development.
Eric Deng
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Research and development
Gary Li
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Research and development

Genesis Space Last News

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