What are Genopets? Project overview and GENE . token

• What are Genopets?
• Ingredients in Genopets
• How Genopets . Works
• Roadmap of Genopets
• Genopets . project team, investors and partners
• Tokenomics
• Upcoming GENE launch platforms
• Conclude

What are Genopets?

Genopets is a free NFT mobile game project. This is the first "Move-to-Earn" game (players accumulate experience points by real-life physical activity) on the Solana ecosystem and is called Genoverse of Genopets. This is the intersection of video games, play-to-earn (allowing users to earn money through in-game activities) and real-life physical activities.

The game has an interesting gameplay mechanism, players will nurture and develop their digital mascot called Genopet. Each player's Genopet will be encrypted with their psychometric and biometric data. That is what makes each Genopet unique.

Billed as "the world's first moving game," Genopets was created to keep players motivated to stay physically active. The game is not only to play but also to help you stay active and improve your health.

Ingredients in Genopets

• The GENE token is a token that gives players the right to vote on new features in the game. Players can stake GENE tokens to earn KIND tokens as rewards
• Token KI is the reward token in the game. Players can use KI tokens to develop their Genopet and fight other players
• XP (also known as experience points) is an important part of Genopet's development, increasing combat power thanks to the player's physical activities. When players have enough XP, they can upgrade their Genopet
• Gene Crystals are player-created NFTs using GENE tokens and KI tokens to drive the development of Genopet. Gene Crystals come in many forms and each plays a unique role in the evolution of the player's pet. Example: Use Fire Crystal during evolution and change your Genopet to fire type and give it a glowing look and fire attacks
• Habitat (Habitat) is where your Genopet lives and thrives. Habitat is an NFT that users can purchase through the Genopets Marketplace or mint (mint) using GENE tokens, KI tokens, and Gene Crystals. Habitat also increases user XP, unlocking the ability to craft Gene Crystals and earn KI tokens every day

How Genopets . Works

As noted above, each Genopet is created based on the individual characteristics of each player. These features will be run through a secure algorithm to determine the Genopet's original image and attributes. Genopets is not only a breeding game (virtual pet game) but it is also a pet evolution game. This means that each player's decisions in the game at different stages will shape Genopet's different appearance characteristics and combat skills.

Just like the "Move-to-Earn" game series, to nurture Genopet, players only need to bring the Genopet-activated game with them and participate in physical activities such as walking, running, cycling... And then After such a long day of action, when players return home, they will receive rewards that help develop this digital mascot. Here, each player's reward is KI tokens. 

Players can also invite friends to participate in mini battles or predict the winner of the battle to receive rewards. Besides, your team can go on quests to explore mysterious kingdoms to find secret digital assets and improve in-game skills.

Roadmap of Genopets

Stage 1: Nurturing and growing

• Casting Genopet as a Player Representative
• Earn daily KI tokens as a reward for the earliest players
• Train your Genopet

Stage 2: Battle and NFT Marketplace

• Fight with friends in mini-games
• Collect and trade NFT . items
• Participate in predicting the results of the matches

Phase 3: Integration into the real world

• Move-to-earn – Earn KI tokens by participating in real-life daily advocacy
• Integrate with wearable devices and track health metrics
• Upgrade Genopet by entering your biometric data via zero-knowledge protocol

Genopets . project team, investors and partners

Genopets project team

• Albert Chen is the owner of multiple e-commerce businesses with over 10 years in growth marketing. He has more than 10 years of software development, of which 4 years focus on blockchain technology. Albert is also the winner of the EOS Global Hackathon in 2018
• Benjamin Tse is an award-winning product designer with over 15 years of experience in UI/UX, Business Strategy, SaaS, E-Commerce, and Branding. Besides, he has 6 years of experience in blockchain and cryptocurrency platforms. Along with Albert, Benjamin is also the winner of the EOS Global Hackathon in 2018
• Jay Chang is a Marketing and Product Manager with over 10 years of experience. He has 4 years of experience in blockchain, 3 years of market leading product marketing for EOS at Block.one before joining Google's P&E marketing team

Investors of Genopets

In mid-October, the Genopets project raised $8.3 million in a Seed Round led by Konvoy Ventures (investor and board observer at Axie Infinity) and Pantera Capital. head. Participating in this funding round are major partners in the Crypto market as well as the NFT game market including: Old Fashion Research, Alameda Research, Solana Capital, Xoogler Ventures, Mechanism Capital, Collab + Currency, Spartan Group, Animoca Brands, OliveX, Hyper, CMT Digital, DeFi Alliance, Eniac Ventures, CMS Holdings, GBV Capital, Yield Guild Games, Merit Circle, Bitscale Capital, Infinity Ventures Crypto, Evernew Capital, Valhalla Capital, Cinchblock, Raptor Capital and Magnus Capital.

Tokenomics

Genopets develops a dual token system consisting of 2 tokens: GENE and KIEN

Token GENE

The GENE token is a fungible governance and staking token that represents ownership in Genoverse. Here are some benefits of holding GENE tokens:

• Governance: This is a governance token and has the right to vote on new in-game features such as new items, gameplay, quests, locations, and integrations
• Vip access: Holding GENE will give you priority access to new in-game content launches
• Staking for rewards: Players can join the decentralized rewards pool to earn in-game KI tokens

Token allocation and release schedule

GENE has a total supply of up to 100 million tokens. The GENE allocation plan includes:

• 41% of tokens are allocated to the community and via “play-to-earn”
• 32.5% Private Sale for large and reputable investment funds
• 25% of the total supply goes to the development team and project consultants
• The remaining 1.5% will be Public Sale

KIND token 

Token KI is the reward token in the game. Players can use KI to evolve their Genopet and fight other players. There are currently no details on the allocation of this token.

Upcoming GENE launch platforms

Currently, the project is preparing IEO (Initial Exchange Offering) on ​​Bybit and MEXC and IDO (Initial DEX Offering) on ​​Raydium (Solana) and Impossible Finance (BSC). 

IDO on Raydium

Raydium is an AMM platform built on the Solana ecosystem. This is where users can buy, sell and exchange digital assets.

• Total GENE tokens sold is 500,000 GENE (0.5% of total supply), unlocked at token sale
• Fixed price: 1 GENE = 0.80 USDC
• Total mobilized: 400,000 USDC
• Distribution method: Random numbering
• Each winning ticket will be purchased: 80 USDC (100 GENE)
• Total number of winning tickets: 5,000
• Pool opening period: 7:00 p.m. on November 17, 2021 to 7:00 p.m. on November 18, 2021 (12 hours)
• Committed Token: RAY

IDO on Impossible Finance 

Impossible Finance is a DeFi ecosystem that provides multi-chain products such as incubator, launchpad and swap platform for blockchain products and projects.

• Total GENE tokens sold is 450,000 GENE (0.5% total supply), unlocked at token sale
• Fixed price: 1 GENE = 0.80 USDC
• Total mobilized: 360,000 USDC (divided equally among different pools)
• Attribution model: Subscription
• Pool opening period: 5pm on November 17, 2021
• Committed Token: IDIA

IEO on Bybit

Bybit is a cryptocurrency derivatives trading platform with the world's leading trading volume.

• Total GENE tokens sold is 250,000 GENE (0.25% of total supply), unlocked
• Fixed price: 1 GENE = 0.80 USDC
• Total mobilized: 200,000 USDC 
• Distribution method: Register
• Registration period: 15:00 on 17/11/2021 - 14:59 on 11/18/2021
• Distribution period: 15:00 on November 18, 2021 – 5:59 p.m. on November 18, 2021
• Committed Token: BIT

IEO on MEXC Global

MEXC Global is a centralized cryptocurrency exchange like those like Binance or Gate with diverse and rich crypto services

• Total GENE tokens sold is 250,000 GENE (0.25% of total supply), unlocked
• Fixed price: 1 GENE = 0.80 USDT
• Total mobilized: 200,000 USDT
• Allocation model: Random dialing
• Each winning ticket will be purchased: 40 USDC (50 GENE)
• Total number of winning tickets: 5,000
• Pool opening period: 15:00 on 11/17/2021 to 14:59 on 11/18/2021 
• Committed Token: MX

Conclude

You can update more information about the Genopets project at Genopets' social channels:

• Website: https://www.ge nopets.me/
• Twitter: https://twitter.com/genopets
• Medium: https://medium.com/@genopets
• Discord: https://discord.com/invite/U6fvpEj7yS
• Reddit: https://www.reddit.com/r/genopets/
• WhitePaper: https://docsend.com/view/b9bqd2j78nekzdgr
• Instagram: https://instagram.com/genopets

Although the idea of ​​Genopets is not new, it has a unique way of operating to bring an extremely interesting new experience to players. Besides, the "Move-to-earn" feature of the project will be of interest to many players because of the positive impact on their physical health. Genopets is predicted to be a potential and desirable project in the Metaverse universe.

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