Genius.fun Foundation page to launch soon; co-founder teases new mechanism for large Meme coins
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AT A GLANCE
Genius Terminal co-founder Ryan Myher said that Genius.fun will launch a foundation page and previewed potentially new ways to help users accumulate stocks faster.
Article
Genius Terminal co-founder teases Genius.fun New mechanism: foundation page may be launched
BlockBeats News,September 23, Genius Terminal co-founder Ryan Myher posted today that Genius.fun will soon launch a foundation page. He also stated: “I have recently been exploring various new mechanisms and how to better advance the various narratives on Genius.fun. One particularly interesting idea may help everyone achieve their goal of accumulating stocks more quickly, and is especially worth looking forward to for our larger Meme coins.”September 17, by YZi Labs invested in and CZ serving as an adviser, on-chain trading terminal Genius Terminal announced that it has officially launched its token issuance platform Genius.fun on BNB Chain, supporting creators in transferring tokenized stocks such as bSTOCKS into ownerless foundations and unwrapping them, thereby attempting to exercise equity-related rights off-chain.
Original link https://m.theblockbeats.info/flash/368572
Key points
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September 23, Ryan Myher posted that Genius.fun will soon launch a foundation page.
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Ryan Myher stated that the team has recently been exploring new mechanisms to advance the various narratives on Genius.fun.
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Ryan Myher stated that one such mechanism may help users achieve their goal of accumulating stocks more quickly, and is especially worth anticipating for larger Meme coins.
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September 17, Genius Terminal announced the launch of its token issuance platform Genius.fun on BNB Chain.
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The original text states that Genius.fun supports creators in transferring tokenized stocks such as bSTOCKS into an ownerless foundation and unbundling them, thereby attempting to exercise equity-related rights offline.
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The original text states that Genius Terminal was invested in by YZi Labs, with CZ serving as an advisor.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This update is mainly a product preview:Genius.fun plans to add a foundation page, and a co-founder also mentioned a new feature related to the goal of accumulating stocks, but did not disclose the specific mechanism.
Why it matters to readers
If the relevant page and features are actually launched, they could change how users handle tokenized stocks and related Meme coins on Genius.fun.
For now, newcomers can only treat this as a feature preview; before the specific rules, operating procedures, and means of realizing rights are disclosed, it is inadvisable to assess the actual effect based solely on the preview.
Risks and unknowns
The specific launch date, features, and rules for the foundation page have not been disclosed.
The specific mechanism of the so-called new feature has not yet been disclosed.
“Achieving the goal of accumulating stocks faster” is merely a statement of possibility by Ryan Myher; the actual effect cannot be confirmed.
The original text does not provide outcomes or details on whether or how rights related to off-chain equity can be realized.
The source text only provides September 23 and September 17, and does not specify the year.
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Related concepts
Foundation page
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