CollinStar Capital subsidiary Blockchain Ventures announces its investment plans into Genaro Network’s Blockchain 3.0 Project

Melbourne and Singapore — 16 November 2017 — Genaro Network, a Singapore-based Blockchain 3.0 ecosystem platform, and CollinStar Capital, an Australia-based asset management company and a market leader in fintech investment, today announced a strategic collaboration and investment plan by CollinStar’s subsidiary Blockchain Ventures to support Genaro’s Turing-complete public chain with integrated decentralized storage ecosystem.

CollinStar is an asset management company specializing in blockchain infrastructure, digital currency investment and relevant consulting services. “Collinstar`s mission is to look at promising, game-changing, and disrupting startups, and Genaro is one of them.”said Jayden Wei,Executive Director at CollinStar Capital.

CollinStar’s Blockchain Ventures recently entered into an agreement with Silicon Valley-based Draper Dragon Fund, to support the growth of the HCash blockchain ecosystem in early November. The Genaro investment by Blockchain Ventures will total several million dollars across several parts of the Genaro Network ecosystem and marks Blockchain Ventures’ second foray this month into an ecosystem development project.

Larry Liu, Genaro Network’s CEO, said about its project,

“At the moment, among all blockchain products, a public chain always has higher usability and utility than a blockchain application alone, because a public chain means the potential for a scalable ecosystem that multiple DAPPs could be built on. Also, since almost all token allocations require the processes of token creation, there comes the need to make use of a blockchain to power the initial token offering. Genaro will continue to work on this project and implement it as soon as possible with the support of CollinStar and Blockchain Ventures.”

- About Genaro Network -

Genaro Network is the first blockchain 3.0 ecosystem built on a Turing-complete public chain with decentralized storage, providing blockchain developers a one-stop solution to deploy smart contracts and store data simultaneously. As the creator of the blockchain 3.0 concept, Genaro aims to contribute to blockchain infrastructure technology development. Through the Genaro Hub and Accelerator, Genaro aims to foster thousands of DAPPS, to move applications from “Cloud” to “Blockchain” and thereby create a global blockchain ecosystem.

Genaro Network`s token sale is to kick off this November 17, 2017.

To learn more about the details and read the whitepaper：click here