Ginza Network is an NFT issuance platform supported by (Gene International IT & AI Limited) and built on BSC (Binance Smart Chain). In Ginza Network, users can deploy and issue NFTs with one click without any code. Ginza Network also joined the current innovative DeFi concept in the blockchain. Users can experience liquid mining, staking and other functions in the Ginza Network project. For the NFT+DeFi gameplay, the team will develop functions such as NFT mortgage lending and NFT casting decomposition to improve the liquidity of NFT within the ecosystem.
Ginza Network will adopt the Layer 2 solution. Through cross-chain technology, it will connect multiple blockchains such as Ethereum and Polkadot in the future. Ginza Network will enable blockchain projects to acquire users and develop more diversified NFT applications.
Introduction to Ginza Network
Project concept introduction
GINZA is a cross-chain NFT+DeFi+DAO protocol and infrastructure, as well as an open NFT ecosystem. Anyone can create NFTs, initiate NFT mining, auctions and transactions.
GINZA provides a cross-chain infrastructure to enable blockchain projects to expand their user base, distribute tokens, and develop more NFT-enabled applications. GINZA can seamlessly connect GENE original users to the GINZA platform ecosystem through the cross-chain function, so as to realize the unprecedented cross-chain transfer of NFT assets for GENE users, and integrate the application and the underlying protocol experience.
GENE background introduction
Gene is a blockchain token that combines financial protection with real estate and listed equity. It is supported and promoted by a company operating in Singapore and listed on the Australian Stock Exchange (AGSX) to create new corporate trends and open new real estate and equity investment solutions. Gene is also a financial management tool that can increase your wealth, manage and increase the value of digital assets. It not only allows you to enjoy daily income, but also has powerful advantages such as convertible listed equity and physical industries. With the birth of Ginza Network, Gene will work closely with the Ginza Network ecosystem.
Ginza Network token introduction
Ginza token holders will be able to vote on proposals to modify the blockchain network. The platform will eventually be completely decentralized and truly owned by its token holders. Ginza Network will be fully based on the supporters’ right to manage the project, and participate in the decision-making governance project development direction together with the team.
Users who trade Ginza tokens will be deducted 0.13% of the handling fee as the Ginza Network reward pool fund pool to reward users and teams in the Ginza Network ecosystem. Among them, 80% of the Ginza Network reward pool fund pool will be allocated to project governance. Users can participate in project construction, invite others to participate in the project, and participate in project activities to get Ginza rewards; 20% of the Ginza Network reward pool fund pool will be gradually released. To the project team and partners.
Pledge and reward
Users can pledge Ginza on the official channels of Ginza Network to get Ginza as a pledge reward. For example, a user pledges a pledged fund pool with an annualized income of 20% on Ginza Network, pledges 10,000 tokens, and can obtain 2,000 tokens as interest rewards a year.
Liquid mining pool mining
Ginza tokens can be put into the liquidity mining pool of the platform to earn mining rewards. For example, if a user provides 1,000 USDT and 500 Ginza in the USDT+Ginza pool to obtain Ginza, and the annualized rate of return is 200%, then after one year, the user will receive the corresponding Ginza reward in total.
Snap up an exclusive NFT
When the NFT is on sale, users can go online and use Ginza to snap up the NFT, and the Ginza spent on each snapping up the NFT will be destroyed, which will help Ginza deflate and increase the price.
NFT holders can regularly receive official Ginza airdrops, which can be understood as free Ginza token rewards from the official holding NFT. Encourage users to hold NFT.
Ginza tokens will be used in functional scenarios such as NFT minting, mortgages, auctions, and transactions. Users can destroy Ginza to generate NFTs. Unlike snapping up NFTs, the NFTs that need to be snapped up are rare, limited in quantity, and difficult to snap up Large, with absolute appreciation space, moderate NFT issuance that can be minted with Ginza tokens, has a certain scarcity, and also has relative appreciation space.
For some investors who want to hold NFTs for a long time but do not want to miss short-term investment opportunities, they can also use the purchased NFTs as collateral to borrow and lend Ginza or USDT at the best lending rate for short-term investment. If the value of NFT continues to soar, NFT holders can continue to lend more liquid funds for investment without increasing their investment. At the same time, they do not have to worry about missing the profit margins of NFT price increases.
Token distribution model
The total supply of Ginza is 660 million. Ginza is the original token of the project. The total amount is 660 million, 100% of which is initially owned by Ginza DAO.
✦ 15% for private placement
The founding team of Ginza will provide the market with a quota of 15% of the total supply of financing tokens, or 99 million, before the project is launched.
✦ 65% liquidity mining pool
It is expected that most of the funds in the operating pool will be used for liquidity mining to enable Ginza to gain market competition. It is estimated that 4% (26.4 million) of Ginza tokens will be used for open exchange to holders of GENE , 2% (13.2 million) Ginza tokens will be exchanged early, and the remaining 2% (13.2 million) will be exchanged The time and method are determined by Ginza DAO. The open exchange between Ginza and GENE is to attract existing user groups to rapidly expand the community size of Ginza and build an initial consensus. In addition, other operations-related openings are also paid by the pool, such as rewarding community members who have contributed.
✦ 9% Business Development Funding Pool
It is used to incentivize other practitioners in the mode to cooperate closely with Ginza. This part of the capital can be paid to the partner in the form of instant payment in exchange for the services or goods of the partner; or in the form of forward options It is available for purchase by cooperation, so that the cooperation period and Ginza maintain the same interest. Ginza DAO owns the income from the business development fund pool.
✦ 5.2% Team reserve pool
Flexible deployment by Ginza DAO on demand.
✦ 5.8% Ginza token market making
2.9% (19.14 million) of Ginza will be invested in the initial market making, and the remaining 1% (19.14 million) of Ginza tokens are expected to be put into market making within one week after the initial market making. The ownership of this part of the tokens and the proceeds of market making belong to Ginza DAO.
Gene International IT & AI Limited (Golden Royal International Technology and Intelligence Foundation) is focused on the combination of financial real estate and listing. It is supported and promoted by a company operating in Singapore and listed on the Australian Stock Exchange (AGSX) to create a new corporate potential and open a new investment plan for real estate and equity.
Regarding the blockchain field, GENE International Technology and Intelligence Foundation currently has a layout in the fields of NFT and DeFi. The foundation aims to provide incubation and investment for blockchain and cryptocurrency entrepreneurs, projects and communities. The vision of GENE International Technology and Intelligence Foundation is to maximize the potential of blockchain technology, hold a strong enough concept, and talk about the better development of the blockchain industry.
For more details, you can check Ginza Network whitepaper here.