Leveraging our understanding of DeFi values, DAOs, and the operational model of Web3.0, along with a commitment to addressing industry pain points, and with the support of top-tier global communities and technical talents, a global community of users has come together to co-create a decentralized autonomous organization (DAO). This has given birth to an ecosystem based on parallel virtual reality applications within the metaverse - Genesis Rank Chain (GRD). It is set for a global debut and poised for imminent growth.
Web3.0 is a concept concerning the evolution of the World Wide Web, primarily involving decentralization based on blockchain, cryptocurrencies, and heterogeneous tokens. In Web3.0, users interact to fulfill their needs, employing blockchain technology to create, distribute, and circulate value during these interactions. This way, the Web3.0 ecosystem is formed by the entire process of user interaction and value circulation. In contrast to the centralized platforms of Web2.0, Web3.0 is dedicated to realizing a "decentralized" network ecosystem owned and built by users. Undoubtedly, social interaction will be the breakthrough for Web3.0 applications.
As the world's first community-driven project that integrates Web3.0, NFTs, and metaverse concepts, Genesis Rank Chain is introducing more innovations to the industry. Using a revolutionary token economic system, it seamlessly combines LP+NFT+metaverse+blockchain gaming elements into the crypto world, empowering users and communities through DeFi mechanisms and DAO models. This project aims to create a truly unique and enduring open Web3.0 metaverse application ecosystem.
To achieve these goals, Genesis Rank Chain (GRD) possesses innovative features in its technical infrastructure, including a fully distributed anonymous P2P network communication protocol, a novel quantum-resistant cryptographic hash algorithm and signature algorithm, an innovative consensus mechanism, support for transaction anonymity protection, and Turing-complete smart contracts. Additionally, GRD will implement key technologies for value transfer networks to construct a global value internet, providing mature network connectivity for NFTs and metaverse applications.
Furthermore, GRD Social is a new decentralized social application that offers users a fresh Web3 social experience. Beyond traditional social networking features, GRD Social integrates additional value through token transactions and NFT issuance, providing users with a more comprehensive and enriching social experience. GRD serves as a Web3 gateway, enabling users to conveniently develop, manage, and control social media communities and the value they create. GRD Social is a disruptive, dynamic SocialFi application that creates an infinitely versatile social platform for users.
In the future, with support from its core foundational technologies, Genesis Rank Chain (GRD) will continue to expand its application ecosystem. It aims to develop decentralized applications combining new DeFi decentralized finance with NFT non-fungible token protocols, ultimately creating a decentralized, unified metaverse application platform that encompasses DEFI, NFT, and virtual reality. These applications will gradually find use in NFTs, liquidity, gaming, virtual civilizations, and other sectors, working together with all participants to co-build a new future of metaverse value.
Genesis Rank Chain (GRD) has assembled a multidisciplinary core technical team, with most members hailing from top international blockchain projects and renowned internet companies. Furthermore, it has garnered investments from numerous well-known market institutions. Core investment capital for Genesis Rank Chain (GRD) includes entities such as Goldman Sachs, IDG Capital, Accel Partners, Fidelity Investment Group, IBM, and others. Additionally, supporters from core capital include Digital Currency Group, RRE Ventures, Distributed Capital, Andreessen Horowitz, among others.
With the global launch of GRD, Genesis Rank Chain (GRD) aspires to develop the metaverse application ecosystem and GRD token value model with the support of the community, media, exchanges, and investment partners. Together with global users, they aim to create a brilliant and continually improving decentralized metaverse platform and DAO community consensus.