Zug, Switzerland — May 12th, 2022. Genius X, a revolutionary business accelerator helping Cardano-based startups attain speed, scale, and edge, is glad to announce its partnership with MLabs — a Haskell, Rust, Blockchain, and Artificial Intelligence (AI) consultancy.
As the Cardano ecosystem spans following the activation of smart contracting capability in September 2021, Genius X aims to be the driving force, helping grow Cardano’s expansive ecosystem.
The platform’s top priority is to provide technical, legal, marketing, and financial support for ambitious projects seeking to leverage the unique Cardano architecture, including its EUTxO model. This design is efficient and limits the scope of smart contracts to the immediate local environment.
Genius X is joining hands with the established software development consultancy firm. The scope of this collaboration will include:
MLabs are reputable Haskell and Rust experts offering specialist services in the rapidly expanding blockchain, Fintech, and payment spheres.
Genius X services include a launchpad for vetted startups eventually planning to launch on Cardano. The Genius X ISPO will begin immediately after the end of the Genius Yield ISPO on May 15, 2022, starting on Epoch 339. The ISPO will distribute 250 million $GENSX in 25 Epochs (10 million $GENSX per Epoch), ending on September 12, 2022. The last snapshot will be in Epoch 363.
Genius X fosters innovation on the Cardano network and Web3 that empowers protocols to build impactful and scalable blockchain-based companies that will have a massive impact across the globe. We incubate, accelerate and scale incredible projects on Cardano and Web3 through our advisory, mentor, and growth experiences.
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