The passive income model is one of today’s most preferred ways to generate additional income. It is the income which can be generated automatically and that requires very little or no work to keep. Progressive passive income is when an earner does not exert much effort in order to increase their income. Even though cryptocurrencies are unpredictable and unstable, this is why many people participate actively in this industry. It’s also why top companies, such as Nike or Samsung, have taken up innovative topics such as the metaverse.
Genius Assets hopes that everyone will know that they can benefit from their investment and make passive income by participating in the project. This can be done by expanding the users’ portfolio of assets on which they have chosen to invest, as a larger portfolio would usually increase one’s chances of earning more money.
Genius Assets: What’s the deal?
Genius Assets is best understood, as it provides access to many different asset types. Many traders want to diversify the portfolios of their clients. They can either do their own research, or they can rely on a broker. Genius Assets operates in the same way as other cryptocurrency investors in that it helps them invest in various non-crypto alternative investments. The GeniuX token (IUX), which represents a fraction of the value of a user’s investment, underpins the whole ecosystem.
A project requires a team that is capable of managing multiple sectors, such as marketing, crypto and management. The Genius Assets team has this experience and qualification. Everybody involved in the creation of this platform has the same goal, as many crypto-lovers: to create a long-term revenue-generating environment.
Why is anyone concerned?
Genius Assets has made a lot of progress. They have already created a marketplace that is connected to the Blockchain. In terms of real world assets, which can be digitally placed within the blockchain and tokenized as well as fragmented and tokenized by the platform, it will function similar to Amazon. More developments will be made over the coming year.
This could be the first opportunity for everyone to buy, invest and transact different assets at a fraction the cost. The team uses the latest technology to make the platform work. Additionally, all decentralized apps (dApps) that are developed within the team (e.g. the staking programme) will use this type of sophisticated technology.
This will allow investors to receive passive income that is guaranteed and secure. Investors will be eligible to own fractions of real-world assets and have rights for the first time on an asset in this type of investment.
Consider partnerships, accomplishments and the future.
Every viable project within this sector must develop key strategic partnerships. Genius Assets does not have to be an exception. Chainlink is a name that Genius Assets would love to work with in the future. The CCIP tech will prove to be very useful because Genius Assets has the ability to use the verification model to verify their offline (real) data into the Blockchain.
They successfully converted from a white-label platform into an in-house-built platform with automated processes. They were also able to easily list the first fractional ownership project on the platform.
Regarding 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 the staking program, selling the Fractional Ownership Project, onboarding institutional clients, forming a framework for asset sellers to successfully be able to list their respective assets on the platform and sell them via the community, establishing a partnership with Chainlink as previously mentioned in order to move the IUX token (which is the unique payments method for the marketplace and is used for participation in Fractional Ownership Projects and serves as payment of the rewards which are in the form of dividends) from Ethereum to Chainlink’s network, and finally launching the official Genius Assets app.
Genius Assets has a lot to offer, it’s obvious.