GeFi Initial Stake Offering (ISO)

3 min readJul 7, 2021

When J.R. Willett published “The Second Bitcoin White Paper” which introduced the concept of initial coin offering (ICO) in 2012, none really paid any attention to the publication. It was not until back in 2017, when the ICOs craze that took the world by surprise with outstanding crowdfunding performance, and the story goes on from there where we can see the evolution from ICOs to STOs to IEOs and so on.

Things move fast in the crypto space, and plans often change. As we all may know, there are many types of offering when it comes to blockchain and cryptocurrency. As a result of community interaction, GeFi is adopting a new method of fundraising called the initial stake pool offering (ISO). With the vision to revolutionize the crypto Defi space, GeFi utilizes ISO in the Finance Vault, by introducing sGEG.

Observing the growing market requirements of the industry, ISO can be deemed as one of the safest and secured way for users to stake yields and profits and avoiding crypto scams. Unique from the other conventional ICOs and ITOs, GeFi’s ISO allows participants to join in the craze early by introducing sub-tokens during presales. Participants are able to purchase sub-tokens before the official launch of the decentralised project itself; and are able to stake in the definitive pool provided in order to obtain the main decentralised token.

In this case, early GeFi adopters and participants are able to purchase sGEG at exclusively discounted rates during the presales period which is divided into 3 phases respectively, in which the first phase will begin on 8th July 2021, UTC 1200. After obtaining sGEG, early adopters & HODLs will be able to stake in the GEG ISO pool which will be unveiled in the official portal (https://ge.finance) on 12th August 2021, UTC 1200.