Genaro Network

The Genaro Network was founded in 2017 by Larry Liu and a worldwide network of developers working with a Singapore-based nonprofit foundation called Genaro. The Genero Network was the worlds first Turing complete public blockchain-based decentralized storage network.

The Genaro Network is a smart data ecosystem using a Dual-Strata Architecture that integrates blockchain technology with decentralized storage using the cryptocurrency GNX. The platform allows developers to create smart contracts and store data required by decentralized applications, and is made to facilitate the secure integration of internet infrastructure to the blockchain. The platform uses a consensus mechanism that combines SPoR (Sentinel Proof of Retrievability) with PoS (Proof of Stake) to ensure its performance and security.

Introduction to the Genaro Network.

Funding

Initial coin offering

From November 17, 2017 to November 30, 2017 Genaro Network held their initial coin offering (ICO) selling approximately $11 million worth of GNX cryptocurrency.

Partners

Storj

On November 17, 2017 the Genero Network and Storj announced reaching a partnership agreement that integrates their products and services. The partnership seeks to enhance the decentralized cloud storage services in China.

Other partners

The following companies are official partners of the Genaro Network:

• Fenbushi Capital
• OTONOMOS
• BTC Media
• Bitcoin Magazine
• Cybex
• Blockchain Investment Club
• Gesellberg Cryptofinance
• Primas
• Zilliqa
• U Network
• Delphy
• PUNDI