Genius Yield is announcing the launch of its accelerator program called Genius X. The first program participants are Martify, MAESTRO and Ledgity.
Zug, Switzerland - January 5, 2022. After successfully raising $4.2 million in its seed round and seeing more than 135 million ADA delegated in their ongoing staking program, Genius Yield is now launching its accelerator program Genius X.
Genius X will advise, develop the necessary networks, provide the financial infrastructure and technological expertise to propel early-stage DeFi startups towards attaining speed, scale, and edge. The goal will be to empower founders to build impactful, blockchain-based and scalable companies by providing the following consulting services:
- Fundraising strategy and execution;
- Initial Stake Pool Offering (ISPO) design;
- Exchange listing;
- Integration into the Genius Yield ecosystem;
- Marketing strategy and execution;
- Graphic design;
- Business development;
- Smart contract support.
The first three companies to be onboarded are Martify, a NFT marketplace with creator royalty functionality and a focus on metaverse and gaming NFTs, MAESTRO, a Cardano ISPO launchpad and stake pool infrastructure service provider, and Ledgity, an innovative wealth management platform that offers both traditional and crypto assets.
Genius X’ goal is clear: to foster DeFi innovations on Cardano by providing early blockchain startups all the tools they need to become successful. Genius X will select promising MVPs and talented founders that can rapidly scale not only by being connected to investors but by being offered technical mentorship and business guidance.
“The addition of smart contracts caused a surge in interest for NFTs on Cardano, and Martify’s team is strong with a solid project roadmap. This also applies to the talented team at MAESTRO. Their services meet the demand for projects that seek funds via a stake pool offering. Ledgity is another solid project that bridges CeFi and DeFi when it comes to wealth management. Our goal is to help such companies with a potential for high growth because, in turn, it’ll help everyone else building on our blockchain” said Dr Sothy Kol-Men, co-founder of Genius Yield.
The requirements for applicants to the Genius X Program will be soon listed on Genius Yield’s website.
In an earlier press release, Genius Yield had already communicated about Genius Academy - a community-driven educational and mentorship program that will teach DeFi concepts and support everyone in their journey towards financial freedom. This should come as no surprise given that Genius Yield’s CTO is none other than Dr Lars Brünjes - the Director of Education at IOHK, the company building Cardano.
If you are interested in applying for a spot with Genius X, please send your company deck to [email protected].
About Genius Yield
While DeFi provides many investment opportunities, managing capital is both complex and time-consuming. Genius Yield is your all-in-one solution to benefit from advanced algorithmic trading strategies and yield optimization opportunities. Our Smart Liquidity Management protocol is intuitive, hassle-free, and secure. Genius Yield minimizes risk and maximizes profits.
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