Genesis Vision and Why I am investing during the ICO.
Genesis Vision plans to unite exchanges, brokers, traders, and investors into a decentralized, open and fair network, making the financial market even more global.
This will allow successful traders to rapidly scale their trading strategies by attracting investments from around the world.
The smart contract technology that underlies the platform will provide an automated and absolutely transparent system for investment and profit distribution.
Each manager in the Genesis Vision network has his own cryptocurrency. The size of the issue depends on successful trade statistics. The process of transferring funds to the manager is carried out by buying a manager's cryptocurrency on the internal exchange
Advantages of being a Manager:
There are increased opportunities to attract investors from any country, regardless of whether they are a client of the same broker or not.
Transparency and fairness of report construction guarantees fair competition between all managers.
There are excellent opportunities for promoting your own trading strategy to attract more investors.
There is increased investor confidence, due to guaranteed transparency, which will lead to an increase in the average investor's check.
Managers issue their own branded cryptocurrency, which can be freely traded by investors.
Advantages for investors:
Investors have access to managers from all over the world.
Information is available on their trading and profit statistics, which is now accessible in one place.
The set of managers is not limited by any set of financial instruments
Investors have the ability to invest both in the cryptocurrency and in the fiat currencies.
Investing is now not just a transfer of money but the purchase of a cryptocurrency, which remains liquid throughout the process and can be resold at any time.
There is better availability of investment portfolios for any request (high-risk, low-risk, etc.).
Investors have additional protection, due to the fact that all managers have a real trading history that cannot be faked.
Profit distribution is completely transparent and open
Advantages for Brokers:
There is no centralized company. The company is decentralized and is represented by all network members.
Brokers have an opportunity to attract investors from all over the world. Participation in the network is free with identical terms for all participants.
The system does not require any information about the broker's client base. The only necessary information is the manager's trading history, which will be placed into the blockchain and the profit of the manager, which will be brought to the Genesis Vision system for distribution between investors.
Due to the openness of Genesis Vision software, brokers can be sure that their data is not compromised or disclosed.
Brokers have the right to do any marketing, use any methods of attracting managers, and establish any trading conditions for managers.
All necessary software is open and free. If necessary, it can be further adjusted to meet the needs of the broker.
- The trust management market is growing rapidly every year. According to the Boston Consulting Group report Global Asset Management 2016, the total amount of funds in management is more than $70 trillion.
Why invest during ICO?
The Financial Commission’s Initial Coin Offering Certification Committee (ICC) division approved Genesis Vision’s ICO initiative. The certification status followed after a rigorous review of its planned ICO, which included its business and proposed platform.
The GVT token is not a security so it should be available for US investors
The tokens during ICO will be 1$= 1 GVT not including bonuses with a cap of 33 million tokens being sold. Roughly putting the market cap before it hits exchanges around 44 million (including the reserved tokens for the team) . In my opinion this price is a steal considering the market it can cover.
GVT will be liquid right after ICO as the team has confirmed it will be added to HitBTC as well as a few other exchanges not yet announced.
The team and advisory board is stacked some big names in crypto include.
Founder, Bitcoin Foundation
Business Development Director, Jaxx
Bitcoin Pioneer and Co-founder of the Bitcoin Foundation. The Director of Business & Community Development in Jaxx, the multi-chain wallet for digital assets.
CEO and co-founder at Changelly
Changelly the leading instant cryptocurrency exchange, that serves 500 000 customers with 200 million USD monthly turnover.
GVT is one of the best ICO's currently out there in my opinion getting the tokens for less than a dollar is almost like getting salt for 0.25 during there presale.