Genius.fun Brings Decentralized Ownership to Public Companies

Genius Foundation has launched a new platform called genius.fun on BNB Chain. This launchpad is designed to help online communities coordinate capital and pursue ownership in publicly traded companies.

The platform enables decentralized communities to organize around a company, accumulate its equity, and coordinate shareholder initiatives. Genius.fun connects internet-native tokens with tokenized public-company shares, allowing communities to turn their attention into economic power.

Armaan Kalsi, CEO of Shuttle Labs, commented on the launch, saying 'We're excited by the Genius Foundation's efforts to create a new primitive for crypto-native corporate power. We're excited to see what happens when crypto native communities launch capital formation vehicles with 2 clicks and, for example, potentially do things like vie for board seats.'

Genius.fun allows creators to pair tokens with various assets, including BNB, USDT, and USDC, and earn up to 1.25% of trading fees.