| General information | |
|---|---|
| Global rank: | 4979 |
| Name: |
GenieBot |
| Symbol: | GENIE |
| Current coin price (BYN): | 0.003 BYN |
| Last hour: | arrow_upward0.530 % |
| Last 24 hours: | arrow_upward11.33 % |
| Last 7 days: | 7.70 %trending_up |
| Capitalisation (BYN): | 0.000000 BYN |
| Volume 24h (BYN): | 7 125.98 BYN |
| Available supply: | 0.000000 GENIE |
| Total coin supply: | -1 GENIE |
| Start date: | 2023-05-19 |
GenieBot/Banyan Gold (GENIE/BYN) price chart
GenieBot/Banyan Gold (GENIE/BYN) capitalisation and volume charts
The Genie (GENIE) is a unique cryptocurrency token with a distinct contract and rewards design. The token is created to offer an engaging and entertaining experience to its holders. The tokenomics of The Genie include a 6% buy and sell tax on all trades (with transfers being exempt from tax), locked liquidity, an auto liquidity feature that strengthens the token with every trade, a portion set aside for marketing, and a reflection mechanism that allows holders to earn passive income. A 1% charity wallet is also a part of its tokenomics, showcasing the project's commitment to social causes. It's worth noting that there's a 10% tax applied if tokens are sold within 48 hours of purchase.
The Genie is part of a broader project that revolves around the concept of "wishes." Token holders can earn "wishes" by holding their tokens for extended periods. These wishes can be used to receive a variety of rewards, which adds an element of mystery and excitement to the project. Additionally, the project features the "Cave of Wonders," where 5% of all Genie tokens are reserved for rewards. Token holders can complete tasks to receive these rewards.
The Genie token (GENIE) is primarily used for participating in the unique rewards system of the project. By holding the tokens, users can earn "wishes," which can be used to potentially win more tokens, NFTs, or other unknown rewards. The first three wishes are granted after holding the tokens for 7 days, with the opportunity to earn more wishes through continued holding.
Additionally, GENIE token holders can access the "Cave of Wonders" once per day to seek rewards. To access the Cave of Wonders, holders must hold their tokens for at least 48 hours. If the balance in their wallet decreases, the Cave of Wonders goes into a 48-hour slumber.
The team behind The Genie project includes the "Genie Dev" and the "Space Gem Hunter". Further information about the team members or the organization behind the project might not be readily available, which is not uncommon in the decentralized and pseudonymous world of cryptocurrencies.