Review on Genius Assets by Daria Logunova

One of the most popular ways to earn extra money right now is passive income. This is the type of income that can be generated automatically and requires little to no effort to achieve or maintain. When an earner makes minimal effort to increase their income, this is called progressive passive income. Also, while cryptocurrencies may be considered volatile and unpredictable, there is a reason why so many people are actively involved in this growing industry and why even top companies like Samsung and Nike are tackling innovative topics like the metaverse.



Thus, Genius Assets wants everyone to know that by investing in their project, users will have a great opportunity to benefit and receive passive income. This can be done by expanding the portfolio of users' assets that they choose to invest in, as a larger portfolio usually increases the chances of making more money.



What is Genius Assets?

According to the white paper, Genius Assets is best understood as a platform that provides access to all kinds of different asset classes. In this industry, many traders want to diversify their portfolios as much as possible, either through their own research or generally by relying on a broker. Genius Assets works in a similar way in that it actively helps cryptocurrency enthusiasts to invest in various non-cryptocurrency alternatives. The GeniuX (IUX) token, representing a fraction of the value of a user's investment, underpins the entire ecosystem.



In addition, any project will require a capable and motivated team spanning multiple sectors such as Cryptocurrency, Marketing and Management, and as such, the Genius Assets team is highly experienced and qualified in this regard. Everyone involved in the creation of this platform has the same goal as other crypto enthusiasts, namely the creation of an ecosystem that generates income in the long term.



Why should anyone care?

Genius Assets has made great progress and the team has already developed a marketplace and connected to the blockchain. Not only that, the platform will also function similarly to Amazon in terms of real assets that are digitally placed inside the blockchain, tokenized and fragmented. Many more events are expected throughout the year.



In short, this could very well be the first time anyone is allowed to invest, transact and buy different types of assets at a discounted price. To this end, the team uses the most cutting-edge and cutting-edge technologies regarding the platform. In addition, any and all dApps (decentralized applications) that will be developed in-house (such as a staking program) will similarly be developed using this kind of advanced technology and complex methods.



Thus, investors will have the opportunity to receive rewards in the form of passive income, secured and guaranteed. They will also for the first time be able to obtain rights to a real asset and own part of it.



What about partnerships, achievements and future goals?

Of course, every viable project in this area must establish a key strategic partnership. Genius Assets is no exception as Chain Link is a well-known name that the team will be happy to work with later this year and early 2023 and CCIP technology will be useful as Genius Assets can use a data validation model to host their offline (real data) to the blockchain.



In terms of past accomplishments, the team has successfully transitioned from a white label platform to an in-house developed platform that also includes automated processes. In addition, they were able to place their first fractional ownership project on the platform without any problems.



In terms of goals for the next 12 months, the Genius team will focus on launching their utility token and listing it on various reputable centralized and decentralized exchanges, launching a staking program, selling the equity project, attracting institutional clients, building a structure for asset sellers. to be able to successfully list their respective assets on the platform and sell them through the community by partnering with Chainlink as mentioned earlier to move the IUX token (which is a unique payment method for the market and is used to participate in Fractional Ownership Projects and serve to pay out dividend rewards) from Ethereum to the Chainlink network and finally to the launch of the official Genius Assets app.



Needless to say, there is a lot to look forward to from Genius Assets.