GenS: Finally, a cryptocurrency for mass adoption

The driving force behind the design of our cryptocurrency has been to provide a readily available medium of exchange for wants and needs in everyday situations, and a dependable store of value.

It is engineered to be a superior cryptocurrency.

GenS is nonetheless one of the cogs of a machine supported by ARES, our novel polymorphic Token, that can easily incorporate other asset classes in digital form.

GenS supply is managed by an automaton. Basically, an algorithm that picks-up market signals from the behaviour of economic agents, learning and adapting in real time.

The automaton is built around a model, in itself a mathematical abstraction of the dynamics and interplay between markets, policy rules and agents. It assumes there is competition from government money and perhaps other forms of privately issued fiduciary currencies. The model also embeds a number of policy rules to make GenS stable.