Environmental and Climate-Related Impacts
The Genesys Chain is being designed as an energy-efficient blockchain, relying on a proof-of-stake consensus mechanism rather than energy-intensive proof-of-work mining. This significantly reduces electricity consumption per transaction compared with traditional proof-of-work networks.
Principal environmental and climate-related impacts associated with the GENES token and the Genesys Chain include: • Electricity usage of validator nodes and supporting infrastructure (data centres, networking equipment). • Associated greenhouse gas emissions, depending on the energy mix of hosting providers and validators.
The Issuer will: • publish further information on these impacts, including data or estimates where available, in the MiCA-compliant crypto-asset whitepaper; and • encourage validators and infrastructure providers in the ecosystem to prioritise renewable or low-carbon energy sources.
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