- Contract address:
After recognizing the opportunity for small businesses to connect with a growing currency system, Geneviève has brought cryptocurrency to small businesses and their communities in the form of Geneviève Exchange (GXE) and Geneviève VC (GXVC). Geneviève offer equal access to funding for small businesses, globally, with a focus on emerging economies, new sectors and new businesses. Such cryptocurrencies offer the following functional utilities:
Geneviève will launch a token sale on January 20th, 2018, offering 62.5% of GXVC; 34.5% of GXVC will be reserved for early-stage GXE investors who partook in the pre-sale. Geneviève VC has a total supply of 160,000,000 tokens, of which, 3% will be retained by the team. All GXVC attained through the token swap will remain locked until the completion of the sale. The token sale is scheduled to conclude on February 25th.
By adopting smart money principles, Geneviève will fund business ventures globally to catalyze growth, offering GXVC as a medium of value exchange and as a storage of economic value. Such adoption, coupled with a limited token supply, will result in valuation premiums, furthering Geneviève’s investment capacity. Investment returns from ventures will facilitate token buybacks, reducing the supply, further inflating the price. Geneviève is confident that the upcoming token sale campaign will facilitate realization of our ambitions to build such an ecosystem. Dividends will be distributed quarterly to GXVC token holders.
Access to funding for small enterprises in less economically developed and newly industrialized countries is extremely limited. Banks often charge large interest premiums and use inappropriate loan assessment criteria to businesses in such localities. Traditional venture capital organizations often employ stringent criteria, which are rarely met by small organizations. After recognizing the opportunity for such entities toconnect with a growing currency system, Geneviève Co. has brought cryptocurrency to small businesses and their communities in the form of Geneviève Exchange (GXE) and Geneviève VC (GXVC).
Geneviève VC: GXVC is a venture capital cryptocurrency that offers exposure of equity to its owners. token sale proceeds are injected as seed capital in to small businesses. Financial analysis assesses investment feasibility. Investment ventures are selected democratically from shortlist by token holders by way of Geneviève’s DAO. Investment returns are proportionally distributed quarterly to all token holders as dividends. GXVC will be tradable on the secondary market.
Geneviève Exchange: Investment ventures are tokenized on to the Ethereum blockchain following token sale fundraising campaigns. Thereafter, venture tokens become tradable on Geneviève’s token exchange. Listing fees are payable in GXE; this coupled with trading transaction fees facilitates quarterly dividend payments to token holders. GXE will be tradable on the secondary market.
Geneviève have launched the venture capital investment program, by way of its new development, GXVC. The campaign aims to identify 150 small businesses seeking a capital injection to accelerate their enterprise ambitions. Moreover, the venture program will offer strategic business advice to further catalyze enterprise growth and development. The current portfolio exceeds $1.133m in valuation, which includes an investment fund with a valuation of $360,000.
The selection process comprises of two steps: applicants are required to submit a form of interest; shortlisted businesses will be invited to an interview to further assess investment feasibility. Geneviève invests in businesses that meet certain criteria – those that make economic sense with long-term growth potential, those operating in booming industries, and those businesses that seek to positively impact their local communities.
Geneviève found strong support from early backers; resultantly, the venture firm sourced in excess of $700,000. Geneviève’s current portfolio of venture capital investments are detailed below.
Founded in 2006 by Gaëtan Turner, South World Wines delivers quality wines from across the world, where strong relationships with winemakers are a central part of the company’s philosophy.
Carre Millesime is a wine merchant dedicated to private individuals, based in Bordeaux, France. Millesime offers one of the most complimentary selection of fine wines sourced from all corners of the globe. Purchases exclusive to the producing estates and are stored in Carre Millesime’s cellars to preserve quality.
Vecta - Design is a company that specializes in the design and manufacture of stretched ceilings and is one of the most popular manufacturers in Europe, as well as being member of the Estonian Chamber of Commerce and Industry.
Compagnies du Monde offers a different perspective on travel. The company is dedicated to high - end tourism, sightseeing and charm.
Geneviève Digital are a tight - knit team of digital business experts that want to make businesses stand out from the crowd. They specialise in website development, mobile applications, digital marketing, social media marketing, and search engine optimization (SEO).
Using Blockchain technology, Geneviève seeks to find positive synergies with government officials to facilitate and catalyze foreign investment; a capital injection into small businesses in such localities will further economic growth and development. The project seeks to increase local employment by creating jobs and running training programs to equip local citizens with skills and expertise to succeed.
Goer are our second partners to accept GXE as a payment currency. A plug in application is currently in development to seamlessly integrate a GXE payment mechanism onto the Goer website. Goer is an online retail platform, offering tickets for national musical events.
XpressO is a privately-owned and operated coffee shop based in Salt Lake City, Utah; they serve 100% organic fair trade coffee. Following a partnership with Geneviève, Xpresso now accept GXE as a payment currency.
Geneviève offers two avenues of investment return; namely, token value appreciation and quarterly dividends distributions. By way of the employed investment strategy, we anticipate 10-15% growth in Geneviève VC's value, per annum. The market will allocate value by way of growth of the underlying ventures - Ivory Coast's economy is the fastest growing in Africa. Venture returns will facilitate quarterly distribution of dividend payments to all token holders through Geneviève distribution system.
A capital injection into small businesses in aforementioned localities will further economic growth and development. The project seeks to increase local employment by creating jobs and running training programs to equip local citizens with skills and expertise to succeed.