Litepaper
The Genesis Engine
litepaper.
Technical and economic overview.
How Genesis Engine sits between developer code and the chain, the regulatory perimeter it holds, the GENES token, and what we are building. A working document. Where the design is settled, we describe it. Where we are still building, we say so.
01
Introduction.
Genesis Engine is the compliance infrastructure and payment rails layer for Web3 game developers. Developers integrate the SDK, ship to EU players, and the CASP licence stays with the platform. This document is the most detailed public account of how that works.
The litepaper is written for technical readers. Game developers evaluating integration. Partners assessing the regulatory posture. Investors looking at the platform economics. It is not a pitch deck.
Genesis Engine is built by Triolith Games AB, a Swedish company incorporated in 2018 and registered at Järnvägsgatan 13, 936 51 Jörn (org. nr. 559161-9571). The company is pursuing a CASP licence under MiCA with Finansinspektionen as the supervising authority. The platform is in active development. Developers onboard through the waitlist ahead of public launch.
The problem we are addressing.
Web3 games carry obligations most studios do not see until they ship. Tokens and NFTs are not collectibles. They are regulated assets. A studio that allows asset exchange, even between players, can fall under financial regulations. In the EU, MiCA puts the burden on whichever entity holds custody, runs the marketplace, or settles the trades. Most studios are not staffed for that.
Beyond regulation, the practical problems compound. Game economies that rely on randomness can be classified as lotteries. Most chains still stall on transaction throughput when a real player base shows up. Wallet UX still asks gamers to remember a seed phrase. The SDK landscape is fragmented across chains. True asset ownership on most chains is a receipt, not the asset itself. And scams remain common enough that they shape player expectations of the category.
Genesis Engine is built to take the regulated and infrastructure work off the studio. Compliance, custody, KYC, AML, marketplace settlement, and payment rails sit at the platform layer. The studio writes the game.
02
About Triolith Games.
Triolith Games AB is a Swedish company building Genesis Engine. The company was founded with a multi-year vision for Web3 gaming infrastructure. The near-term work is the compliance and payment-rails platform. The longer arc points at the base layer for Web3 gaming and metaverses, owned by players, where anyone can create their own game, company, and assets. The platform layer is the foundation that makes that arc possible.
We assist game developers in focusing on their game by handling compliance on their behalf. We provide SDKs and APIs, pre-made loot systems, and the regulated infrastructure that Web3 gaming needs in order to ship to a real player base.
Team.
The founder and leadership team includes game and blockchain industry professionals with several years of experience in the category.
Magnus Söderberg · CEO and Founder
- Pioneer in Play-to-Earn gaming.
- Over 15,000 hours with Entropia Universe, the world's first P2E game.
- Founded Triolith Entertainment in 2010.
- Founded Triolith Games in 2018.
- Co-founded and successfully exited Gold Town Games, leading to a public listing on the Swedish stock market.
Andreas Johansson · COO and Co-Founder
- 20+ years building next-generation technology platforms.
- Co-founder of the Swedish Blockchain Association.
- Led projects in blockchain, IoT, and cloud computing.
Advisors and early investors.
The advisor and early-investor base brings game-industry and tech-industry depth to the build.
Sami Rusani · Serial Entrepreneur and Blockchain Strategist
- Blockchain strategist, GP at Beyond the Bounds Ventures.
- Guided 80+ token launches.
- Expertise in investment and tokenomics.
Oscar Clark · Pioneer in Mobile and Connected Games
- CEO of Fundamentally Games.
- 20+ years in mobile and connected games.
- Expert in game development and monetisation.
Åsa Sundqvist · Advisor, Tech Industry Veteran
- Tech industry veteran, Founder at Caprendum.
- Specialises in blockchain, IoT, and edge computing.
- Growth strategy guidance.
Tabitha Hayes · Early Investor
- GM of Gaming, EMEA at Microsoft.
- Former senior roles at Epic Games, EA, and Activision.
- 20+ years of experience in the gaming industry.
Partners.
Confirmed partners working with Triolith Games on Genesis Engine.
- Hashlock. Security audit partner. Independent smart contract audits for platform-controlled and developer-deployed contracts.
- MoneTax. Tax tooling partner. Their system handles the long tail of small-transaction tax calculations for gamers and developers on the platform.
- Nordic Blocksmiths. Strategic partner connecting Sweden's technical depth with global Web3, AI, and innovation work.
- LvlUp Labs. Accelerator partner.
- Blockchain Game Alliance (BGA). Industry association membership.
- Kenomic. Tokenomics partner.
Visionary leadership and operational excellence.
We work for a dynamic culture with creativity at the centre. The CEO's role is to guide the mission of building a workplace that values autonomy, collaboration, and adaptability.
The operating model is decentralised, drawing on industry leaders like Supercell and Valve. Small, autonomous teams own decisions and run creative experiments. The CEO's primary function is vision and support, making sure teams have the mandates, tools, and backing they need to ship outstanding product.
Working culture rests on current research into productivity. We advocate shorter workdays (typically 6 to 7 hours), explore a 4-day work week, offer 5 weeks of paid vacation, and support remote work. These choices serve both employee wellbeing and product quality.
Unfair advantage and unique selling points.
The competitive edge comes from a combination of distinctive factors.
- Free-to-use platform. No platform-access fee at the base tier, which removes a major entry barrier.
- Regulatory security. Compliance is at the platform layer, so studios get a secure and trustworthy environment without holding the licence themselves.
- SAFU-style reserve. Modelled on Binance's Secure Asset Fund for Users. Held independently of operating funds.
- Support for popular gaming chains. Compatibility across the chains studios already build on.
- Genesys Chain. Purpose-built chain for Web3 gaming, in research and development.
- Tax help for gamers. The long tail of small-transaction tax calculations is handled at the platform level.
The operational structure of small autonomous cells lets us iterate quickly, adapt to market change, and stay close to the developer and player experience.
03
Platform architecture.
Genesis Engine sits between developer code and the blockchain layer. Above the chain. Below the game logic. The platform handles every regulated touchpoint between players and the game economy.
Value proposition.
Genesis Engine sets itself apart from conventional game engines like Unity or Unreal by focusing on the Web3 gaming industry. It is more than just an engine. It acts as a custodian for game developers, holding the regulatory perimeter and providing the infrastructure needed to integrate Web3 technology into a game.
Studios get the full Web3 gaming infrastructure: blockchain integration, game economy and loot system management, NFT and crypto-asset creation, ownership and trading logic. The engine reduces the need for studios to hold deep blockchain expertise. It also validates game economy designs, smart contracts, and related mechanics, lifting the burden of legitimacy off any one studio.
The platform serves the scale required by an estimated 3.2 billion gamers globally. Developers and gamers can establish fully functional virtual marketplaces and storefronts inside a single regulated space without standing up the underlying security, infrastructure, or settlement work themselves. Item delivery and transaction settlement are automated, which stands in contrast to the third-party platforms and unverified websites players currently rely on for virtual asset trading.
The four layers.
Layer one is the game itself, written by the studio. Layer two is the Genesis Engine SDK, dropped into Unity, Unreal, or a custom engine via REST. Layer three is Genesis Engine: KYC, custodial wallets, marketplace, NFT minting, payment rails, tax tooling, and the CASP perimeter. Layer four is the blockchain the game settles on. Each layer is independently auditable. The studio's code does not touch sensitive data or regulated infrastructure directly.
Features for game developers.
Initial feature set available to studios on the platform:
- Free at base tier. No cost for platform access or basic features. The platform monetises via fees on sales between players, and between players and developers.
- Regulatory compliance. Adherence to relevant legal and regulatory requirements, held at the platform layer.
- Pre-made game economy and loot systems. Ready-to-use templates for in-game economies and loot distribution.
- Pre-made smart contracts. Ready-to-deploy contracts for common in-game functionality.
- SDKs and APIs for interoperability. SDKs and APIs covering compatibility with the major gaming blockchains.
- Game asset management. Tools to organise and manage in-game assets at scale.
- Define game economy logic. Set rules covering NFT quantities, minting policies for additional NFTs, and related economy mechanics.
- Multi-mint NFTs. Bulk creation of NFTs across an asset library in one operation.
- Token design and minting. Tools for designing and minting tokens used inside the game.
- Company and game storefront. Customisable digital storefronts for both the studio brand and individual games.
- NFT and token marketplace. Integrated marketplace for trading NFTs and tokens.
- Analytics. Data analysis tools covering platform usage, user behaviour, and game performance.
- More features added as the platform builds.
Loot systems on the platform are skill-based rather than randomised. The choice is regulatory: random-outcome systems can be classified as lotteries and pull a game into gambling-law scope. Skill-based mechanics keep the game in entertainment scope and align with how player rewards should be earned.
Game launchpad.
A future version of the platform will include a launchpad for blockchain games, where studios can launch and market upcoming titles. Studios will also be able to fund games via token generation events and NFT sales on the launchpad.
The launchpad has two sections. A premium section, where we screen and validate every studio and game. We confirm the company is legitimate, the team has shipped before, and the game's tokenomics and economy design are sound. And an indie section for smaller studios and projects, where we screen the studio but do not run the deeper game design review.
Features for gamers.
Initial feature set available to the gaming community on the platform:
- User-friendly interface. Designed so blockchain mechanics do not block the gaming experience.
- Cross-platform gameplay. Play across the games and surfaces on the platform with one identity.
- In-game achievements. System for unlocking achievements and rewards inside games.
- Social integration. Connect with friends, share achievements, and engage in social interactions.
- Competitive leaderboards. Track and compare gaming performance with other players.
- Rewards and prizes. Earn in-game rewards, tokens, or NFTs for hitting milestones.
- Player-to-player trading. Trade in-game assets directly with other players.
- Exclusive in-game events. Special events, challenges, and tournaments for unique rewards.
- Virtual goods marketplace. Buy, sell, and trade virtual goods inside a licensed marketplace.
- True asset ownership. Real ownership of in-game assets through blockchain technology.
- Interactive communities. Communities for discussion and collaboration with other gamers.
- Real-time chat. Communicate with other players in real time during gameplay.
- Beta testing access. Early access to new games and features for feedback and testing.
- Personalised recommendations. Tailored game suggestions based on individual preferences.
- Secure wallet integration. Manage and store earned tokens and NFTs inside the platform.
- Tax help. Long-tail transaction tax calculations handled at the platform level.
Chain-agnostic.
The platform supports multiple chains independently. Games can settle on Ethereum, Polygon, Solana, Avalanche, Skale, or others. Genesis Engine does not bridge chains. The regulated layer is the same regardless of which chain settles the transaction. This isolates studios from any one chain's failure modes and keeps the platform forward-compatible as the chain landscape changes.
Genesys Chain.
A purpose-built chain for Web3 gaming is in research and development. The Genesys Chain described in this section is a proposed architecture. It is not yet deployed and may evolve as technical, regulatory, and security considerations progress. The final description of the blockchain or blockchains used by the GENES token at launch will appear in the MiCA-compliant crypto-asset whitepaper.
The proposed design is a layered structure built for performance, scalability, and efficiency. A primary Layer 1 holds persistent assets and data and serves as the foundational repository. Game-specific Layer 2 chains are created for each new game, dynamically loading assets from L1 and providing localised storage. Two specialised side chains sit alongside: a "receipt" chain that prioritises high transaction speeds and rapid verification, and a temporary asset chain that holds player-owned game assets and supports fast updates (asset upgrades and similar in-game state changes).
Ownership changes of in-game assets do not move the asset on the primary chain. The transfer moves a small receipt rather than the larger asset file (which can be several megabytes). This is how the architecture targets the throughput Web3 games need without burdening the L1.
Validation and staking.
Consensus is Proof-of-Stake. Transaction verification runs through a dynamic set of validators selected by the algorithm. Multiple transactions can be validated in parallel and temporarily held in a cache until they form a complete block, which is then sealed into the chain.
Validators stake their tokens to participate. A diminishing-returns mechanism keeps the validator set distributed: as the staked amount increases, the per-token reward rate drops. The mechanism prevents heavy concentration and supports network security.
All transaction fees collected by the network pool into a designated fund. Rewards are distributed to everyone who participates in validation, regardless of whether they verified a specific transaction. This reward model spreads income across the validator set rather than paying out only to the specific validator that confirmed a given transaction.
Platform monetisation.
On the Genesys Chain the network operates without gas. The platform instead charges a set fee on each transaction between players, studios, and gamers. As an indicative example: if a player sells an item for $100, the platform takes a 5% fee. The exact percentages are still being finalised.
Fees collected go into an escrow account and are distributed on a regular cycle. The current planned split: 30% to the company (of which 5% routes to the SAFU reserve), 60% to the game studio, and 10% to validators. Exact percentages are subject to change before launch.
For studios that build on the platform, this fee structure is wired into their smart contracts on integration. For transactions that settle on chains other than Genesys, the same fee logic is embedded so the platform's revenue and SAFU contributions are preserved. The platform may also charge a monthly fee for specific tiers where appropriate.
Open source collaboration.
Parts of the platform are open source. Studios can fork, customise, or propose new features through pull requests. Submissions go through an internal review for security and platform standards. Approved changes merge into the main platform. The closed-source parts are the regulated-infrastructure components: KYC, custody, AML routing.
The open-source surface lets studios tailor game economy systems and propose new functionality without losing the platform's regulatory posture. The internal review keeps the standards bar consistent across submissions.
Target customer.
Our customers fall into two groups. Gaming studios building Web3 games, who use the platform to handle compliance, payment rails, and the wider infrastructure surface. And gamers who want to play high-quality games where they can own in-game assets and trade them securely, without relying on third-party marketplaces and the scam patterns that come with them.
Market size.
Web3 gaming has expanded significantly over the last several years and is projected to reach a market value of $65.7 billion by 2027. That is with a still-limited player base. As the market matures and games improve, growth is expected to continue.
The total gaming market is projected to reach $350 billion by 2027. Gamers globally purchase more than $50 billion of virtual items every year, and the market keeps growing. The trend points to a clear need to secure and track virtual asset trading at scale.
Triolith Games is targeting at least $80 million in revenue by 2027.
Industry outlook.
Blockchain is one of the live technological trends in gaming, still in its early days. Many industry analysts expect gaming to be the first real consumer use case for blockchain. The potential is structural: changing the console-led distribution model, opening multi-game asset ownership, and making games more immersive than before. So far, blockchain games have been simple in scope. That is changing rapidly as new titles enter the market.
Deeper coverage of the SDK surface, webhook event model, and integration patterns will appear in upcoming revisions of this section.
04
Regulatory approach.
Genesis Engine operates under the EU's Markets in Crypto-Assets regulation (MiCA). The platform pursues a Crypto-Asset Service Provider authorisation in Sweden, with Finansinspektionen as the supervising authority. Developers building on the platform operate inside that perimeter rather than maintaining their own.
Jurisdictional roadmap.
The initial focus is the EU because MiCA is now in force and gives a single regulated entry point into a market of roughly 100 million Web3- curious players. Sweden is the first licensing jurisdiction. From there, we plan to extend authorisations into the rest of the EU under passporting, then Asia, then the United States. An internal legal team handles applications so the work can run on as broad a front as possible.
KYC, AML, and withdrawals.
Every user runs a light KYC on sign-up. A deeper KYC is required for withdrawals. The reason is that some games on the platform involve assets with monetary value and may trigger age-gating or guardian-consent rules. The deeper check on the withdrawal path is the AML control point.
Withdrawals are subject to a short delay window so platform systems can detect anomalies before funds move off the platform. Hack-in-progress patterns, account-takeover signals, sudden geography changes. The delay is short for normal flows and long enough to be useful when something is wrong.
Smart contract audits.
No game or application that integrates smart contracts with real user value or player-owned assets is allowed onto the platform's production environment unless those contracts have passed an internal security review by Triolith Games and have been audited by at least two independent external smart contract security firms.
The same bar applies to platform-controlled contracts. The GENES token contract, the token sale contracts, vesting, staking, and treasury and fee-routing contracts are all subject to internal review plus two independent external audits before they are made available to users or used in connection with any public offer of GENES tokens. The identity of the auditors, the scope of their reviews, and links to public reports will be published on the official website and in the MiCA whitepaper alongside the official contract addresses.
A documented update and bug-handling policy governs any contract changes. The policy includes the ability to pause or restrict specific functions when a critical vulnerability is found, procedures for deploying upgraded versions, and governance rules on who can propose and approve changes.
Developer due diligence.
Studios that want to ship on the platform run through a due-diligence process before launch. The check covers the company, the beneficial owners, and the game's economy design. Studios that clear the process receive an audit NFT they can display on their site as a signal of having passed the Genesis Engine review. This sits alongside the smart contract audit requirement above.
Transparency.
We plan to operate with a level of disclosure that is higher than is typical for a private company. Public wallets. Financial reporting available to investors and users. Where possible we will automate the reporting and publish it on chain so the data updates in real time. This is a long-arc commitment, not a single launch deliverable.
MiCA whitepaper status.
As of the date of this document, the MiCA-compliant crypto-asset whitepaper for the GENES token has not yet been notified to Finansinspektionen. This litepaper is for information purposes only and does not constitute a crypto-asset whitepaper within the meaning of Regulation (EU) 2023/1114 (MiCA). No public offer of GENES tokens to retail investors in the European Union will be made until a MiCA- compliant whitepaper has been prepared in line with MiCA and notified to the Swedish competent authority. The notification date and the approved whitepaper will be published here when that step completes.
For the practical breakdown of CASP licensing costs, application timelines, and the alternative of going it alone, see the Compliance page.
05
Genesis Council and community.
The Genesis Council is the platform's collaborative governance body, drawing on successful models like CCP's player-elected advisory group for EVE Online. It is made up of active, engaged platform members and plays a role in shaping the development of the community and the wider Genesis Engine gaming ecosystem.
Key responsibilities.
- Code of conduct. Council members uphold a documented code of conduct, supporting professionalism and transparency in their work.
- Player advocacy. Representing the player community's interests in strategic development discussions.
- Collaborative engagement. Participating in online meetings, internal access sessions, and on-site summits to support collaborative decision-making.
- Structured feedback. Providing feedback on development priorities, features, and active projects.
Member benefits.
- Event admission. Council members get exclusive event admission, reflecting their role inside the platform.
- Digital rewards. Digital rewards recognise the dedication and time members contribute.
The Council is more than an advisory group. It is an active part of the platform community, influencing the direction of the Genesis Engine gaming ecosystem. The full Council page covers the application process and timing in detail. See the Genesis Council page for more.
Community development.
Gaming and blockchain both run on community. Vibrant, engaged communities are what take a platform from launch to scale. Triolith Games is committed to building that community as a core part of the Genesis Engine model.
The approach combines volunteer moderators with an internal community management team. Together they guide, engage, and grow the community so members feel a sense of belonging and shared progress.
The growth strategy is multi-channel: an easy-to-use platform, incentives that reward early activity, competitions, and targeted airdrops. We use the social platforms gamers already use to connect, share, and reach new members.
For gamers specifically, we work to lower the barriers to entry. Participation should not be blocked by the complexity of blockchain technology, NFTs, or cryptocurrencies. The platform is designed so asset transfers and account management feel like the gaming experiences players already know.
06
Token.
The Genesis Engine Token (GENES) is a non-representative utility token. It is intended to function inside the Genesis Engine ecosystem as the medium of payment for marketplace transactions, oracle services, developer subscriptions, launchpad fees, and staking rewards. It is not a financial instrument under MiFID II and does not confer voting rights over Triolith Games AB, managerial authority, or a share in company profits.
Triolith Games AB will be responsible for the issuance of GENES, a non-representative token of negotiable value (utility token). To continue developing the project, Triolith Games AB announces the issuance via a Pre-Seed sale, a Seed Sale, and a Public Sale.
Issuance goals.
The GENES token launch supports the following goals.
- Sustained development. Secure funding to support ongoing development of the Genesis Engine project.
- Global marketing. Resource an international marketing campaign for visibility and reach.
- Community growth. Expand the community and user base into an engaged network.
- Ecosystem promotion. Promote the ecosystem via the GENES launch, building awareness and adoption.
- Industry collaboration. Encourage other studios to build on Genesis Engine, supporting a collaborative gaming environment.
- Platform incentives. Use GENES as an incentive mechanism inside Genesis Engine to encourage participation and contribution from users and developers.
- Collaborative partnerships. Use GENES to support strategic partnerships with other projects in gaming and blockchain.
- Exclusive access. Offer GENES holders exclusive access to specific features, content, or events on the platform.
- NFT integration. Use GENES as the utility token for NFT transactions, ownership, and rewards inside the ecosystem.
Token specification.
Token name: The Genesis Engine Token. Symbol: GENES. Protocol-level hard cap: 1,000,000,000 GENES. Initial circulating supply at TGE: 175,700,000 GENES (to be finalised before TGE). Inflation rate during the first year after TGE is approximately 130%, after which it tapers as the vesting schedules below release the locked allocations.
Target network: the Genesys Chain, currently in research and development. Prior to Genesys Chain launching, GENES may be deployed initially on a third-party EVM-compatible blockchain. The interim network has not been chosen yet and will be disclosed in the MiCA whitepaper and on the official website before any EU public offer.
Smart contract addresses: no GENES token smart contract has been deployed as of the date of this document. The definitive contract address or addresses will be published on the official Triolith and Genesis Engine websites and in the MiCA whitepaper once deployment occurs. The contract address change does not amount to a new token; it reflects the network on which GENES is live.
Token utility.
GENES is the medium of payment inside the platform. Players use it to settle marketplace transactions and pay launchpad fees. Developers use it for subscription tiers, oracle services, and grant funding. Validators stake it to secure the Genesys Chain and earn a share of the fee pool. Holders of GENES get reduced trading fees on platform marketplaces. The token is also the unit of account for any future DAO proposals if a DAO structure is adopted.
Token distribution.
The GENES token has a protocol-level hard cap of one billion tokens. The Issuer currently plans to issue up to one billion GENES over the life of the project, allocated as below. Allocations are subject to change. Any change will only become effective after an updated MiCA- compliant whitepaper has been published and notified to the competent authority.
| Category | Supply | Lockup | Vesting | TGE unlock | % of supply |
|---|---|---|---|---|---|
| Pre-Seed | 15,000,000 | 6 mo | 18 mo | 10% | 1.5% |
| Seed Sale | 30,000,000 | 6 mo | 18 mo | 10% | 3% |
| Public Sale | 55,000,000 | 1 mo | 12 mo | 100% | 5.5% |
| Team and Advisors | 140,000,000 | 18 mo* | 30 mo | 3% | 14% |
| Foundation | 270,000,000 | 12 mo | 20 mo | 0% | 27% |
| Marketing | 100,000,000 | 0 | 24 mo | 20% | 10% |
| Liquidity | 120,000,000 | — | — | 100% | 12% |
| Ecosystem | 100,000,000 | 9 mo | 24 mo | 5% | 10% |
| Community | 50,000,000 | — | 20 mo | 10% | 5% |
| Staking | 20,000,000 | 4 mo | 44 mo | 5% | 2% |
| Incubator | 100,000,000 | 0 | 19 mo | 5% | 10% |
| Total | 1,000,000,000 | — | — | — | 100% |
* Team and Advisors follow a non-linear unlock. A 3% fraction is available at TGE. Additional 3% portions unlock at months 6 and 12. The standard 30-month vesting then runs from month 18 onward.
Sale phases.
The sale will run in three phases: a private Pre-Seed, a Seed Sale, and a Public Sale. The Public Sale offers up to 10% of the total token supply. Tokens offered in the Seed Sale but not sold may be moved to the Public Sale, returned to the treasury, burned, or distributed to the community as airdrops at the Issuer's discretion. The Public Sale may be conducted via centralised exchanges, decentralised exchanges, or launchpads.
Seed Sale start date, TGE unlock, max percentage of supply, max tokens issued, and token price are all to be determined and will be set out in the MiCA whitepaper. The same is true for the Public Sale terms beyond the supply ceiling.
Audits and upgrade policy.
All Issuer-controlled smart contracts critical to the GENES token or the Genesis Engine core services will pass internal security review and be audited by at least two independent external smart contract security firms before they are made available to users or used in any public offer of GENES. That covers the token contract, the token sale contracts, vesting, staking, treasury, and fee-routing.
A documented update and bug-handling policy will govern any necessary contract changes. It includes the ability to pause or restrict specific contract functions in the event of a critical vulnerability, procedures for deploying upgraded versions, and governance rules on who can propose and approve such changes. Details of audit providers, audit scope, links to public reports, and the final policy will be published in the MiCA whitepaper.
Governance and conflicts of interest.
Triolith Games AB is both the issuer of the GENES token and the initial operator of the Genesis Engine platform. Members of the founding team, advisors, and early investors hold GENES allocations as shown in the distribution table. These roles create potential conflicts of interest. Decisions that affect token price, fees, or rewards. We manage that transparently by disclosing material related- party transactions and adhering to internal policies governing decision-making and personal holdings.
Key decisions on token economics go through a documented governance process. That covers proposals to increase issued supply within the protocol hard cap, and any modification of core smart contracts. The process: proposals from the Issuer or eligible token holders, review and approval by the Issuer's board, and where appropriate consultation or vote by token holders through on-chain or off-chain governance mechanisms.
Use of funds.
Funds raised in equity rounds and pre-token rounds are allocated to the Triolith Games website, community marketing, GENES token development, and the MVP build of Genesis Engine. After the public token launch, funds support the build of the Genesys Chain L1 and L2, scaling the compliance and custody stack, security, and global marketing. Allocations are reviewed against evolving priorities and disclosed as they shift.
Environmental considerations.
Genesys Chain is being designed as an energy-efficient blockchain using proof-of-stake consensus rather than proof-of-work. This cuts electricity use per transaction significantly compared with proof-of- work networks. The principal environmental impacts associated with GENES and the chain are electricity consumption of validator nodes and supporting infrastructure (data centres, networking equipment), and the associated greenhouse gas emissions, which depend on the energy mix of hosting providers and validators. We will publish more detail and estimates where available in the MiCA whitepaper and encourage validators and infrastructure providers in the ecosystem to prioritise renewable or low-carbon energy.
Jurisdiction.
Matters arising from this document and its associated subscription terms are governed by Swedish law. Buyers consent to the jurisdiction of the courts in Stockholm.
07
Roadmap.
Genesis Engine develops in three phases. The first solves the compliance problem. The second extends to the full infrastructure problem. The third is the long arc.
Completed.
9 letters of intent signed with gaming companies. Initial team and advisors in place. Proof of concept built. Hashlock locked in as the security audit partner. MoneTax wired in as the tax tooling partner. Nordic Blocksmiths joined as a strategic partner. Selected into the LvlUp Labs accelerator portfolio. Member of the Blockchain Game Alliance.
Phase one · in progress
Regulatory custodian.
Hold the CASP licence. Provide KYC, custody, and payment rails via the SDK. Developers integrate and ship to EU players. The licence stays with the platform. Active development. Onboarding through the waitlist. Inside this phase: alpha and beta builds, MVP release with the first supported chains live, the launchpad and public sale, the Token Generation Event, and the early community build to roughly 30,000 to 60,000 members. The MiCA-compliant whitepaper is prepared and notified to Finansinspektionen during this phase.
Phase two · post-launch
Full one-stop-shop.
Expand to full marketplace infrastructure, NFT minting, crypto tax reporting, the indie and premium launchpad sections, and multi- jurisdiction compliance through additional licences in Asia and the United States. Five chains supported. Genesys Chain testnet. Game- economy and loot-system tooling extended for studio use. The platform reaches official release and onboards a second wave of studios. Community target: 100,000+ members.
Phase three · long arc
Genesys Chain.
Purpose-built chain for Web3 gaming with compliance at the protocol level. Security audits on the chain itself. Selected partners and projects migrate. Final testing, then mainnet launch. The long-arc infrastructure play for the industry. Design and audit work precede any public commitments here.
Specific dates inside each phase are tracked internally and shared with developers on the waitlist as they become firm. The roadmap describes order and scope, not deadlines.
08
Risks.
Token holders and platform users carry real risk. We name the principal risks here in plain terms. The MiCA whitepaper will set out the full risk register when it is published.
Token value.
The GENES token may lose part or all of its value. There is no guarantee that GENES will be listed on a secondary market, and secondary markets that do list it may face their own liquidity, regulatory, or compliance constraints. Over-the-counter markets may lack liquidity. The Issuer is not obligated to compensate holders for losses from token price movements or unforeseen circumstances.
Regulatory.
Gaming and blockchain regulation is moving. Compliance with diverse international and local laws may pose challenges that affect platform expansion and adoption. Changes in regulation may force changes to smart contracts or the platform itself. We mitigate this by holding our own legal capacity in-house, by working proactively with regulators, and by staging launches behind explicit licensing milestones rather than ahead of them.
Technology.
Building and integrating the proposed multi-layer blockchain infrastructure carries real technical risk. Delays or unforeseen issues in the development process may affect timelines. Smart contracts and the software around them are still maturing as a technology. Defects, vulnerabilities, and incompatible wallet services are possible. We mitigate this through staged release, internal review, two independent external audits before production use, and a documented bug-handling and upgrade policy.
Security.
The platform handles financial transactions, gaming assets, and personal data. Cyber attacks, smart contract exploits, and loss of private keys are all live threats. Loss or theft of a user's private keys can result in permanent loss of access to tokens. We mitigate this through audits, internal security reviews, hardware-backed key custody, monitoring, withdrawal-delay windows, and a SAFU-style reserve modelled on Binance's Secure Asset Fund for Users.
Adoption.
Genesis Engine needs both studios and players to participate. Network effects compound when adoption hits a threshold, and they stall below it. We mitigate this through proactive community building, a developer-first onboarding experience, and a clear path for early studios to launch ahead of the broader player base.
Competition.
The Web3 gaming infrastructure space is dynamic. Differentiation relies on the compliance position, partner relationships, and execution against the roadmap above. Direct compliance-stack competitors have already exited the category during the MiCA build- out. That thins the field. It does not remove the broader risk that another entrant arrives with a different model.
Funding.
Economic downturns or changes in investor sentiment may affect availability of funding. We mitigate this through diversified funding sources (equity, token rounds, accelerator support) and through conservative cash management against the milestones above.
User education.
Many of the friction points in Web3 gaming come from concepts that are still new to most players: wallets, custody, signatures, gas, chain choice. Adoption lifts as those concepts get easier. We mitigate this by hiding the technical scaffolding behind a familiar account experience, and by publishing the news section as an ongoing explainer for the parts that matter.
09
Disclosures.
Important notice.
The crypto-assets or tokens described in this document may experience a complete or partial loss of value. They might not always be available for trading on organised markets, may lack liquidity, or may not be redeemable for the goods or services described. This is particularly relevant in the case of project failure or interruption during the issuance process.
The entity issuing the crypto-assets bears exclusive responsibility for the content presented in this crypto-asset brief.
MiCA whitepaper status.
As of the date of this document, the MiCA-compliant crypto-asset whitepaper for the GENES token has not yet been notified to the Swedish competent authority (Finansinspektionen). This litepaper is for information purposes only and does not constitute a crypto-asset whitepaper within the meaning of Regulation (EU) 2023/1114 (MiCA). No public offer of GENES tokens to retail investors in the European Union will be made until a MiCA-compliant whitepaper has been prepared in accordance with MiCA and notified to the Swedish competent authority. The approved whitepaper will be published once notified, and this section will be updated with the notification date and reference.
General overview.
The undersigned acknowledges that, having read and understood all the sections set out in this Lite Paper, there is an intention to subscribe to a specific quantity of tokens on the established terms. The terms set out here do not constitute, and should not be used as, an offer or invitation to subscribe, purchase, or otherwise acquire GENES tokens by any individual in any jurisdiction:
- Where such an offer or invitation is unauthorised.
- Where the entity making the offer lacks the qualifications to do so.
- To any person for whom it is unlawful to make such an offer or invitation.
Subscribers should not construe the content of these terms as legal, business, or tax advice. Each subscriber and buyer should seek guidance from their own legal, business, and tax advisors before acting on this agreement. The content on Triolith Games AB web pages, or pages linked directly or indirectly to them, is not part of these terms. No purchaser should rely on information or data in such web pages as a basis for the decision to subscribe to the tokens.
Subscriber rights and responsibilities.
To subscribe to GENES tokens, the user must complete verification by the Issuer or, in the absence of that, any platform authorised by the Issuer for token issuance. Verification covers KYC and AML (Know Your Client and Prevention of Money Laundering) checks.
Note that an early token sale may take place on Juicebox, a platform that uses a different verification process. Juicebox verification includes OFAC sanctions screening and verification of user wallet addresses against the OFAC Specially Designated Nationals (SDN) list.
The token sold on Juicebox is a temporary token, intended to be later exchanged for the actual GENES token. The KYC and AML procedures specific to GENES will be conducted on the Genesis Engine platform once the real token deployment is finalised. This sequence keeps verification simple while keeping compliance steady through the transition from the temporary to the actual token.
The subscriber attests to having full legal capacity, power, and authority to execute, deliver, and fulfil their obligations under these terms. Payment for the tokens is the subscriber's responsibility, using any of the payment forms offered by the Issuer. All token subscribers must follow the rules of conduct and browsing of the Issuer's website, along with the terms and conditions of the platform. Acting in good faith is a fundamental obligation for every token subscriber.
The subscription is made by the subscriber in a personal capacity, on their own account. It is not derived from any advisory activity of the Issuer or its staff. The subscriber does not act as a representative, agent, or with the intention of distributing or reselling the tokens.
The subscriber declares possessing knowledge and experience in financial and business matters sufficient to evaluate the risks and benefits of accepting these terms and assuming their rights and obligations. The subscriber acknowledges they can bear a total loss of the investment without detriment to their financial situation, and that they can bear the economic risk for an indefinite period.
The subscriber subscribes with the expectation of benefiting from the functionalities on the Issuer's platform, derived from the work of the Issuer and its employees. The subscriber acknowledges and accepts the uncertainty and risks associated with the development of that platform, which may or may not be detailed in this document and may or may not be under the control of the Issuer.
Complaints and dispute resolution.
Token holders and users of the Genesis Engine platform may submit complaints or claims related to the GENES token, the token sale, or services provided by Triolith Games AB.
How to submit a complaint.
- Online: the contact form on this website.
- Postal address: Triolith Games AB, Järnvägsgatan 13, 936 51 Jörn, Sweden.
A complaint should include the full name and contact details of the complainant, a description of the issue (with relevant dates and transaction details), and any supporting documentation (transaction hashes, screenshots, correspondence).
Acknowledgement and handling. The Issuer will acknowledge receipt of a complaint within 10 business days. The Issuer aims to provide a substantive response within 30 business days from acknowledgement, or will inform the complainant if more time is reasonably required. Complaints may be submitted in English or Swedish.
Escalation. Where a complaint is not resolved to the complainant's satisfaction, the complainant may seek advice from local consumer protection authorities or other competent bodies in their Member State. The Issuer will cooperate in good faith with any competent authority or alternative dispute resolution body.
Rights and duties of the Issuer.
Triolith Games AB (the "Issuer") assumes responsibility for the content of this document and affirms that, to the best of its knowledge, the information in this document is accurate and true. All reasonable precautions have been taken to ensure correctness, and no facts that may affect statements made in the document have been omitted.
The Issuer declares its status as a duly incorporated company, validly existing and in good standing under the laws of Sweden, with the power and authority to own, hold, and operate its assets and rights. The execution, delivery, and fulfilment of this document by the Issuer aligns with its objectives and powers, having received authorisation from all necessary bodies, shareholders, and other internal approvers. The document and the associated terms constitute a legal, valid, and binding obligation of the Issuer, enforceable in line with the terms, subject to limitations imposed by bankruptcy, insolvency, or other laws affecting creditors' rights and general principles of equity.
Tax, liability, and invalidity.
Tax. Each party is responsible for all direct and indirect taxes levied by the relevant authorities on that party.
Liability. Each party is responsible for any breach of its obligations under these terms.
Invalidity of any provision. If any clause or provision of these terms is deemed invalid for any reason, the remaining clauses or provisions remain in full force.
Prevention of money laundering.
The issuance of virtual assets is subject to regulations aimed at preventing money laundering and the financing of terrorism. Operations or transactions involving cryptocurrencies fall under the category of obligated parties. As a Swedish company, the Issuer informs subscribers that these regulations require user identification, gathering information on professional or business activity, and reporting any facts or operations related to money laundering as required, in accordance with Swedish law.
Data protection.
Processing of personal data for managing these terms follows relevant data protection regulations (including the GDPR). The Privacy Policy of the Issuer's website, accepted before these terms, is available at the Privacy Policy page.
Subscriber support service.
Subscribers can contact a representative directly at magnus.soderberg@triolith.com.
Applicable law and jurisdiction.
These terms are governed by Swedish law and interpreted accordingly. For any actions or claims arising from these terms, subscribers submit to the jurisdiction of the courts and tribunals determined by the Swedish legal system, renouncing any other jurisdiction that may apply.
Notice to residents of the EU and EEA.
This document describes a token that should not be considered a guarantee or a financial instrument under the Markets in Financial Instruments Directive (MiFID II) of the European Parliament (2014/65/EU), or any other securities laws of member states. It does not confer voting rights, managerial authority, or entitlement to share in the profits of any entity. The token does not signify ownership of any physical asset and is non-refundable.
Notice to residents of the United States.
The token offer and sale have not undergone registration under the U.S. Securities Act of 1933, as amended, or the securities laws of specific states. The token cannot be offered, sold, transferred, pledged, or mortgaged, except as permitted by the Act and relevant state securities laws, either through an effective registration statement or an applicable waiver.
Notice to residents of Australia.
No SAFTs, placement document, prospectus, product disclosure statement, or other disclosure document has been lodged with the Australian Securities and Investments Commission regarding this offering. The SAFT and associated documents do not constitute a prospectus, product disclosure statement, or any other disclosure documents under the Corporations Act 2001. In Australia, the token may only be offered to "sophisticated investors" or "professional investors" or in compliance with one or more exemptions outlined in the Corporations Act, ensuring lawful token offerings in line with applicable laws.
Notice to residents of the People's Republic of China.
The rights to the token are not being presented or traded and may not be presented or traded, directly or indirectly, within the People's Republic of China, unless expressly permitted by the laws and regulations of the People's Republic of China.
Notice to residents of Japan.
The token has not undergone registration and will not be registered under Japan's securities or financial laws. Potential token purchasers agree not to re-transfer or re-assign the token to anyone other than non-residents of Japan, except in line with a private placement exemption from the registration requirements and compliance with the relevant laws and regulations of Japan.
Notice to residents of the Russian Federation.
The SAFT and related documents do not constitute an offer or an invitation to offer, sell, purchase, exchange, or otherwise transfer securities or foreign financial instruments to or for the benefit of any person or entity resident, incorporated, established, or having their usual residence in the Russian Federation. The SAFT and documents associated with the token offer do not qualify as advertisements in connection with any securities placement or public circulation as determined by Russian laws. The token is not intended for placement or public circulation in the Russian Federation. Neither the SAFT nor any other document related to it has been or will be registered with the Central Bank of the Russian Federation.
Notice to residents of Switzerland.
The token is not intended for public offering in Switzerland and will not be listed on Swiss exchanges or any other stock exchange or regulated trading facility in Switzerland. SAFT and related documents have been prepared without adherence to disclosure standards for issuance prospectuses under the Swiss Code of Obligations or the disclosure standards for listing prospectuses. Public distribution or availability of SAFT and related marketing materials in Switzerland is not permitted. These documents have not been filed with or approved by any Swiss regulatory authority, notably the Swiss Financial Market Supervisory Authority. The token offer is not authorised under the Swiss Federal Act on Collective Investment Schemes.
Notice to residents of the United Kingdom.
In the United Kingdom, the distribution of SAFT is exclusively for and directed at (and any associated purchase activity will only involve) investment professionals (as defined in article 19(5) of the Financial Promotion Order (the "FPO")), persons or entities described in article 49 of the FPO, certified sophisticated investors (as defined in article 50(1) of the FPO), and other persons to whom it may lawfully be communicated (collectively referred to as "relevant persons"). Individuals who are not relevant persons should refrain from taking any action concerning the SAFT or based on any documents used in connection with it. Acquiring the token is conditional on the person warranting to be a relevant person. SAFT and associated documents have not received approval from any regulatory authority in the United Kingdom.
Notice to residents of all jurisdictions.
No steps have been taken to enable the offer, sale, possession, or distribution of the token or any related documents in any jurisdiction where such steps are mandatory. It is the subscriber's responsibility to understand and comply with any restrictions related to the token offering, SAFT, and associated documents in their jurisdiction. Subscribing to the token does not guarantee financial returns and should not be done for speculative purposes. Participation in the token issuance should not be based on expectations of profits, dividends, capital gains, financial performance, or any other form of return, payment, or income. Purchasing the token involves substantial risks that could lead to losses. The achievement of objectives or the continuous value maintenance of tokens within the ecosystem is not guaranteed. Any resale of the token must comply with exemptions from securities requirements and adhere to applicable laws.
10
Appendix.
Socials.
The Genesis Engine community runs on Discord, Telegram, and YouTube. Links are available on the Contact page and in the site footer.
Document status and updates.
This is a working draft of the Genesis Engine litepaper. Sections will be revised as the platform develops and as the MiCA-compliant crypto-asset whitepaper is prepared for notification to the competent authority. Subscribers should consult the latest version of this document and the official MiCA whitepaper (once notified) before making any decision related to GENES.
Triolith Games