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Initial Stake Pool Offering (ISPO)
An ISPO is a new fundraising mechanism that allows delegators of a POS (Proof-of-Stake) network to divert staking rewards towards a project of their choice and get project tokens in return. It is an unique mechanism that allows the community to support their favorite project without investing their own assets, but instead leveraging the network's native reward incentive structure. ISPOs are only possible on the Cardano blockchain because of its unique stake pool delegation structure.
An ISPO is a revolutionary new fundraising mechanism that is more fair, inclusive, secure. They fundamentally transform how crypto projects are funded in the future.
Name | Value |
|---|---|
💸 | 250.000.000 |
🚀 | May 15th, 2022 (Epoch 339) |
🛑 | September 12th, 2022 (Epoch 363) |
⏳Duration | 25 epochs |
Genius X's protocol token is $GENSX
$GENSX ISPO Rewards Release
The first airdrop will take place in Q3, 2023 and will be 25% of your total rewards. The remaining amount will be vesting for 12 months. Each month, user can claim their ISPO rewards on Tosidrops!
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Genius X has decided to entrust its ISPO to MAESTRO. Their team of experienced engineers have become experts in managing an ISPO. We look forward to collaborating with them!