Genesis vision



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Nmae: Genesis Vision - Private Trust Management on the Blockchain


Ticker: GVT


Price Info: - https://coinmarketcap.com/currencies/genesis-vision/




History[ ]

An All in one trading platform for investors, managers, and brokers,

GVT finished their ICO crowdsale on Nov. 15th, selling each token at the price of $1. In the same day they launched on Binance and the token took off, quickly finding support levels and a good market cap.


What is Genesis Vision?[ ]

Genesis Vision is the first platform for private trust management markets built by a Russian team that unites exchanges, brokers, traders, and investors in an open and trustless network. It uses smart contracts to ensure trustless information and transparency.

Genesis Vision is looking into starting a blockchain version of a $71 trillion market, being the first of its kind.

Genesis Vision is going after an industry that has never been transparent; asset/trust management. Traditional trust management systems are a black box to potential investors. In any event, investors transfer money to a financial manager and then wait to receive profits. They receive a statistic on the use of their assets and the financial manager’s performance, but investors have essentially no way to verify this information.


Trust Management[ ]

In the trust management there are three participants in the market:

– The Investor, transfers funds to experienced traders who manage their funds.

– The Manager, a trader or company who trades for investors. They receive a commision from the profit.

– The Brokers, companies that have the appropriate licenses to carry out brokerage activities. Through brokers, traders have access to trading financial instruments on exchange and over-the-counter markets.


How the Genesis Vision Platform works[ ]

The Genesis Vision Platform works as follows; Each manager in the Genesis Vision network has his own cryptocurrency. The process of transferring funds to the manager is carried out by buying a manager’s cryptocurrency on the internal exchange. From the manager’s point of view, the trade process will not change. The trader will continue to operate on the exchange or through a broker. Genesis Vision, in turn, represents a common open source of reliable information about the statistics of the network participants’ activities and a transparent system of investment and profit distribution, built on smart contracts.

Advantages for Investors:

Investors have access to managers from all over the world; Profit distribution is completely transparent and open; There is better availability of investment portfolios(high-risk, low-risk, etc.); All managers have a real trading history that cannot be faked.

Advantages for managers: Attract investors from any country; Transparency and fairness of report construction guarantees fair competition between all managers; There is increased investor confidence; Opportunities for promoting your own trading strategy to attract more investors; Managers issue their own branded cryptocurrency.


Advantages for brokers: Brokers have an opportunity to attract investors from all over the world; Brokers have the right to do any marketing; The system does not require any information about the broker’s client base.


Use of Genesis Vision Tokens[ ]

GVT is a currency of the Genesis Vision Platform and will be used for all investment operations and profit distributions. The platform is the place where investors can purchase and sell managers’ coins. Managers have a limited amount of coins, which depends on their level. Initially, these coins can only be purchased directly from the manager for a fixed price. Afterwards, they can be freely traded among the investors on the internal exchange. In this case, investors determine the price based on supply and demand.

The cost of these coins will depend on the success of a manager’s trading because the manager’s profitable trading makes his/her coins “profitable.” So investors want to get a higher price for the coin.

The GVT will be used for all investment operations, profit distributions, and managers’ token trading on the internal exchange.


Competition/ Similar Coins[ ]

Augur (REP)

Equitrader (EQT)


References[ ]

http://coinmarketwolf.com


Convert GVT to USD/EUR/GBP/Fiat[ ]

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