What is genie Protocol?


Introduction to Genie Protocol

The Genie protocol is a DeFi protocol for the purchase of sets or "funds" of tokens governed by Genie Dao. It is the first protocol for the purchase of sets or "funds" of native multichain tokens via artificial intelligence (BSC and Ethereum at launch).

How to Buy GENIE Token

  1. Check CoinMarketCap to see where you can buy GENIE token and with which currencies.
  2. For each cryptocurrency, CoinMarketCap provides a list of purchasing options (market pairs).
  3. Pick a platform to make your purchase.
  4. Make the purchase on your chosen platform.

Genie Swap: NFT Marketplace Aggregator

Genie Swap is the first NFT marketplace aggregator on Ethereum. Genie users can buy, sell, and trade across all major NFT marketplaces in a single transaction — whether it’s one or twenty NFTs. Genie supports ERC-721s on platforms like OpenSea, NFTX, NFT20, and Rarible.

Purchasing Genie Protocol (GNP)

  1. Visit Binance’s Website (https://www.binance.com/en) and sign up.
  2. Fill in your trading details.
  3. Allow 2FA-Two-factor authentication (Optional).

Genie and NFTs

Non-fungible tokens (NFTs) are unique assets such as collectible art pieces. NFTs like the Wu Tang Clan’s unique album Once Upon a Time in Shaolin are examples of the kind of things that can be traded as NFTs.

Benefits of NFTs

Technologies like NFTs lower barriers for artists to participate, enabling work to reach a wider audience. Corporate brands recognizing this trend is a positive signal for artists wanting to monetize their work.

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