Genezys Launches $GNZ Token, Shifting the tide of Sports Engagement in Web3

Genezys, an innovative platform at the intersection of Web3 and sports, has officially launched its $GNZ token—marking a significant milestone in its mission to transform how fans, athletes, and clubs interact within the decentralized sports ecosystem. At the heart of this revolution is Genezys’ decentralized platform, designed to empower sports fans, creators, and athletes with innovative tools, transparent infrastructure, and unique engagement opportunities.

/EIN News/ -- GRENOBLE, France, April 11, 2025 (GLOBE NEWSWIRE) -- Following its much-anticipated Initial Coin Offering (ICO) on Kommunitas Launchpad, Genezys has captured the attention of both blockchain enthusiasts and sports fans alike. The ICO attracted significant interest from investors eager to be part of a platform that is redefining the digital interaction between fans and athletes, creating new pathways for engagement and financial support for clubs.

As the sports industry continues to embrace digital transformations, Genezys is leveraging the power of blockchain to provide a transparent and secure environment for sports engagement. Its flagship product, the FanCard, is a unique NFT that allows fans to connect more closely with their favorite athletes or sports clubs, unlocking a variety of exclusive benefits such as special content, VIP experiences, and more.

But Genezys is not just about fan engagement—it’s building an entire ecosystem around Web3 technology. The platform offers a Web3-powered marketplace for buying, selling, and trading FanCards, which are digital collectibles backed by blockchain, and even includes a gamified rewards system that incentivizes fan loyalty. The platform’s NFT-powered Launchpad allows sports clubs and athletes to issue their own tokens, and community engagement translates into real-world perks, enhancing the access and allocation for token holders.

Genezys combines the best of blockchain security, decentralization, and NFT utility to deliver a cutting-edge sports experience. Built on Ethereum-compatible smart contracts and powered by IPFS for decentralized storage, the platform ensures data privacy, user control, and fast, transparent transactions. Fans can also interact with athletes and clubs in a more direct, meaningful way, thanks to Genezys' seamless integration of Web3 tools into the sports community.

The $GNZ token serves as the core utility within the Genezys ecosystem, unlocking a broad array of benefits for holders. These include access to premium FanCard collections, participation in the Launchpad for exclusive athlete and club token sales, and rewards within the community engagement system. Additionally, $GNZ holders gain voting rights for platform governance decisions, staking rewards when paired with NFTs, and exclusive access to gated communities and events.

During its ICO on Kommunitas, Genezys surpassed 60% of its funding target within the first six hours and was fully subscribed under 72 hours, signaling the high demand for fan-driven blockchain applications. The platform’s post-IKO strategy includes expanding its AI and blockchain capabilities, onboarding new strategic partners, and leveraging token buybacks funded through platform revenue—all aimed at enhancing the long-term value and utility of the $GNZ token.

Looking ahead, Genezys plans to expand across multiple blockchains, integrate new fan engagement technologies, and scale its suite of products. With its unique combination of decentralization, sports community engagement, and tokenized rewards, Genezys is poised to become a cornerstone in the Web3 sports ecosystem. By offering fans, athletes, and sports clubs a secure, user-friendly platform, Genezys is setting a new standard for how sports can be experienced and monetized in the digital age.

About Genezys
Genezys is a Web3-powered sports platform dedicated to creating secure, intelligent, and decentralized tools that empower fans, athletes, and clubs to engage with one another in innovative ways. Its native token, $GNZ, fuels a vibrant ecosystem of fan engagement, NFT collections, and sports token launches. With strategic alliances, cutting-edge technology, and a user-first approach, Genezys is redefining what’s possible in the digital sports world.

Contact:
Nathan Muscio
nathan.muscio@genezys-app.com
contact@genezys.xyz

Disclaimer: This press release is provided by Genezys. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector--including cryptocurrency, NFTs, and mining--complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dfc81f27-a22f-4fc4-a546-9ff085e614d9