Genaro Network

Genaro Network PriceGNXInactive

$0.000063

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Genaro Network Price Today

Current GNX/USD real-time price is $0.000063, with a 24-hour change rate of +0.00% and a 7-day change rate of +0.00%. GNX currently ranks #3228 globally by market cap, with a total market cap of $40.629723K, a fully diluted valuation (FDV) of $40.62972K, and a 24-hour trading volume of $0. In terms of supply, GNX has a maximum supply of ∞, a current circulating supply of 650M, with 100.00% already in circulation and 0.00% remaining to be unlocked.

About Genaro Network

What is Genaro Network (GNX)?

Genaro Network (GNX) is an Ethereum-based token that powered a smart data ecosystem built around a Dual-Strata Architecture, combining a public blockchain with a decentralized storage network. The project marketed itself as one of the earliest Turing-complete public chains to incorporate a decentralized storage network; this is the project's own claim and has not been independently verified. This gave blockchain developers a one-stop environment to deploy smart contracts and store data. GNX was launched in September 2017 (CoinDesk lists 2017-09-26; other references list 2017-09-27), and it was listed on CoinMarketCap on 2017-12-18. It operated on the Ethereum platform with a total supply of 650,000,000 GNX. The project's website has been reported offline since October 2024, and the token has since been described as discontinued and inactive.

Key Specifications & Tokenomics

  • Name: Genaro Network
  • Ticker / Symbol: GNX
  • Blockchain / Platform: Ethereum platform
  • Smart Contracts: Yes, operates as an Ethereum token
  • Category: DePIN, Distributed Computing, Platform
  • Launch Date: 2017-09-27
  • Total Supply: 650,000,000 GNX
  • Circulating Supply: 650,000,000 GNX
  • Max Supply: Not specified in CoinMarketCap's registry data (listed as "--"); total supply is fixed at 650,000,000 GNX.
  • Explorer: etherscan.io
  • Contract Address: 0x6ec8a24cabdc339a06a172f8223ea557055adaa5 (Ethereum)
  • CertiK Rating: 3.2
  • Official Website: https://genaro.network/
  • Whitepaper: Listed on the CoinMarketCap page

Who created Genaro Network?

Larry Liu founded the project in 2017; other team members listed on IQ.wiki include Jason Inch, Waylon Wu, and Andrea Liu. Key team members during the Genaro Network ICO, as recorded by CoinFi, included Bo Shen, David Lee, and Kenneth Oh. A BigOne knowledge base article (data dated February 21, 2020) records an allocation of 63,000,000 GNX (9.33%) to Team Co-Founders and 42,000,000 GNX to Core Members. The project also recruited full-time members, part-time members, and business consultants, according to its team description. Amir Roberto served as Head of CIS and appeared at an event titled "Blockchain in China. Practical application of blockchain overview worldwide" on November 24 (year not specified in the reference).

How does Genaro Network work?

Genaro Network used a Dual-Strata Architecture that integrated a public blockchain with decentralized storage. It was designed as a Turing-complete public chain, meaning it could execute arbitrary smart contract logic while also storing data across a decentralized network. The project's consensus design combined SPoR (Sentinel Proof of Retrievability) with a PoS (Proof of Stake) component to verify that stored data remains retrievable. This two-tier design was intended to let developers deploy smart contracts and store data within a single ecosystem, positioning the network as a foundation for what it called the Blockchain 3.0 Ecosystem. The ecosystem included Genaro Storage (decentralized storage), Genaro Hub (a DApp development platform), and Genaro Eden (a DApp store).

What makes Genaro Network unique and valuable?

Genaro Network's main differentiator was its combination of a public blockchain and decentralized storage in one architecture. It described itself as the creator of the Blockchain 3.0 Ecosystem and the first Turing-complete public chain incorporating a decentralized storage network. By pairing SPoR with a public chain, the project sought to address both computation and data persistence for decentralized applications. Its positioning narrative stated that "The GNX token is the oxygen that powers the brain and heart of the Genaro Network," framing the token as essential to the ecosystem's operation.

What is Genaro Network used for?

The GNX token functioned as the native asset of the Genaro Network ecosystem. It was used to power activity across the dual-strata architecture, supporting smart contract deployment and decentralized data storage. Developers could use the network as a one-stop solution to deploy smart contracts and store data. GNX is described as mineable, and the project's consensus design combined SPoR (Sentinel Proof of Retrievability) with a PoS (Proof of Stake) component; token generation was tied to storage verification and staking rather than a purely computational proof-of-work scheme. The project's own description positioned GNX as the oxygen that powers the brain and heart of the network, indicating its role in sustaining both computation and storage functions.

How Is the Genaro Network ecosystem developing?

Development activity was documented through monthly technical reports, including the "2020.11 | Genaro Network (GNX) Monthly Technical Report" published on Medium on Dec 6, 2020. Community channels included a Facebook page at @GenaroNetwork and a Medium publication. However, the project's website went offline in October 2024, and the token has been described as a discontinued Ethereum token. The token has been described as discontinued and inactive. These signals indicate that active ecosystem development has ceased.

How to mine Genaro Network?

According to available references, users were able to generate GNX through the process of mining. The network's consensus approach combined SPoR (Sentinel Proof of Retrievability) with its public chain, tying token generation to the storage and retrieval verification model rather than a purely computational proof-of-work scheme. GNX generation was tied to the network's SPoR and PoS-based consensus design, in which storage verification and staking participation determine rewards; the project has since been described as inactive, so these mechanisms are no longer operational.

How to keep your Genaro Network Coin safe?

Because GNX operated as an Ethereum token, standard Ethereum security practices apply. Store GNX in a wallet that supports ERC-20 tokens, and keep private keys or seed phrases offline and backed up in multiple secure locations. Verify contract details through etherscan.io before interacting with any token contract. Be cautious of phishing sites and unofficial links, especially given that the project's website went offline in October 2024. Since the token is described as inactive and discontinued, exercise additional caution and verify current status before attempting any transaction. As with any cryptocurrency, the price of GNX is subject to market volatility, and regulatory policies in different jurisdictions may affect its status and usability. Technical risks include smart contract vulnerabilities and the loss of private keys. These points are presented for information only and should not be treated as statements of fact about the project's current condition.

How to Buy and Use Genaro Network

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsGenaro Network is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

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Thank you for your interest in BTCC. Currently, spot and futures trading services for GNX are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Genaro Network FAQs

What is the live price, market cap, and 24h volume of Genaro Network (GNX)?

As of right now, the live price of Genaro Network (GNX) is $0.000063. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated GNX to USD rate at the top of BTCC’s price page. In terms of market scope, Genaro Network records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $40.629723K. Its current circulating supply stands at 650M out of a maximum supply cap of ∞.

Why does the price of Genaro Network (GNX) fluctuate, and what drives its volatility?

The price volatility of Genaro Network (GNX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (650M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Genaro Network (GNX)?

Looking at its historical price performance, Genaro Network (GNX) hit an all-time high (ATH) of $1.28575 on 2018-01-10 01:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000037 on 2025-04-24 02:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Genaro Network (GNX) price chart for futures trading?

When trading GNX futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Genaro Network (GNX) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s GNXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Genaro Network, simply log into your BTCC account with USDT margin available, navigate to the GNXUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Genaro Network (GNX) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for GNXUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practice Genaro Network (GNX) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000063), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for GNXUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Genaro Network (GNX) on BTCC?

Trading Genaro Network (GNX) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for GNXUSDT, and review its live price ($0.000063) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

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