Cryptocurrency Mining ~ Store of Value
The Genius token can be used to store value (save) and generate passive income over a period of time. This is done by “Genius Mining”. Similar to Bitcoin Mining, the new Genius tokens are only paid out to those who are mining for (or staking) Genius tokens. With Bitcoin Mining, you need to purchase expensive mining equipment, use lots of electricity, and trust a mining pool. All that disappears with Genius, as it’s built on multiple layer 1 blockchains, providing an environment that has much lower barriers to entry and better security.