Genius X, a revolutionary accelerator program and launchpad for ambitious Web3 startups, has onboarded two more projects.
The program regularly receives dozens of applications; however, only a select few are accepted to join as part of the program’s dedication to quality. Through a rigorous vetting and review process, Genius X identifies promising startups building innovative solutions and nurtures them to success.
Genius X is happy to welcome:
- Ada Ninjaz, a Cardano-based game that consists of an NFT collection of randomly generated 2D avatars while also focusing on music. Their characters are inspired by the Seinen anime art style, fusing manga and anime themes. The game also combines exciting elements from traditional ninja lore with modern-day clothing assets. Ada Ninjaz is centered on three warring clans, each with their own identity and reason for fighting to ensure the survival of their clan. The game’s creators aim to eventually create what they describe as the “strongest anime community”, effectively bringing manga into the NFT space.
- RocketFuel, a global crypto payments company that offers efficient and highly convenient one-click check-out solutions, supporting over 120 digital assets, including Bitcoin (BTC) and Cardano (ADA). The firm also supports direct bank transfers for businesses and individuals, therefore ensuring users can quickly check out faster. Through the platform, merchants can readily implement strategies to generate more sales channels, a feature absent in current eCommerce solutions. As a portal purposefully crafted for eCommerce sites, in-store businesses, and software-as-a-service (SaaS) platforms, it also protects data privacy. Accordingly, RocketFuel provides a secure system that protects against data breaches, all while improving speed and ease of use.
Ada Ninjaz and RocketFuel are deploying on Cardano through Genius X. Deploying protocols on the proof-of-stake (PoS) platform typically enjoy predictably low transaction fees, all because of the network’s unique smart contract construction. Meanwhile, investors can analyze and, at their discretion, support more quality projects because of Cardano developers’ inclination to continuously improve the network’s scalability and general performance. The founder of Cardano, Charles Hoskinson, expects more projects to launch once the Vasil hard fork, a major upgrade scheduled for quarter 3, 2022, is implemented.
Ordinary retail investors can also take advantage of features unique to Cardano by supporting projects by staking their ADA when participating in Initial Stake Pool Offerings (ISPOs). ADA delegation is non-custodial, and the user remains in control of their funds, cushioning them against external project’s related failures. Genius X is leveraging the ISPO feature in Cardano by offering supported projects with quick ISPO setup through Maestro’s stake pool deployment platform, quickly linking projects with investors from around the globe.
By manually vetting projects, making the submission of KYC information mandatory, and thoroughly assessing the team’s capability and product or service feasibility before being onboarded into the accelerator program, Genius X reduces retail investors’ investment research work. This way, they only have to do their due diligence before supporting their choice projects.
Ada Ninjaz and RocketFuel are now two more projects, and part of the more than a dozen promising startups under the Genius X program, available for investors to support via future ISPOs or public crowdfunds such as Initial Coin Offerings (ICOs).
Under the Genius X program, Ada Ninjaz and RocketFuel will receive a wide range of support, from business strategy, marketing, legal, token design, fundraising, and more. These skill sets are essential for startups to have an edge over competitors as well as to ensure that they quickly gain traction on launch, increasing their chances of success.
- Startups — submit an application, which can be found on our website.
- ADA Holders — Connect with us on social media and check out the Genius X ISPO currently running until September 12, 2022 (Epoch 363). The $GENSX token has numerous benefits, such as receiving a share of the platform’s revenue and ISPO NFTs with utility.
- Venture Capital / Accredited Investors — Get in touch through our social media and contact our Investor Relations Manager here.
Genius X fosters innovation and empowers Web3 startups to build impactful and scalable blockchain-based companies that will have a massive global impact. We accelerate and scale the most promising projects through our advisory, mentorship, and growth experience.
Original Source: https://medium.com/@GeniusXOfficial/genius-x-onboards-ada-ninjaz-and-rocketfuel-1336b…
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