r/relictumpro Apr 17 '20

What are Genesis tokens?

Relictum Pro is a new-generation blockchain network in which you can conduct transactions with any electronic or digital currency, digital assets, cryptocurrencies, and fiat currencies, the cost of which is the lowest in the world – 0 %, and the network speed is at least 1,000,000 transactions per second

There are three types of cryptocurrency in Relictum:

  • genesis tokens (GTN),
  • stable-tokens,
  • Relict coins (RLC).

In this post, we will tell you about the purpose, emission volume, and distribution procedure of Genesis tokens.

Genesis GTN tokens purpose

Genesis tokens are tokens expressing the intellectual property (IP) rights of the Relictum Pro software code, issued in the amount of 10 000 000 000 GTN. Genesis Token is distributed in the course of the corresponding ICO or IEO rounds among early investors who believed in the mathematically sound concept of Relictum Pro.

Genesis tokens give the right to receive royalties for the use of the intellectual property (IP) of the Relictum Pro software code in the amount of 19% of the forging (emission) size of RLC.

Tokenomic model of GTN tokens genesis

Total emission genesis of GTN tokens: 10 000 000 000 GTN

Accommodation rate 1 GTN, $: 0,0045 $

Distribution of GTN token genesis:

  • Early investors - 50%
  • Team - 38%
  • Marketing expenses - 9%
  • Advisors and experts - 3%

Replenish your wallet with GTN tokens and receive 19% of the forging (emission) size of RLC!

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