Hello, what are the main competitors for this project ?
I don't know much about trust management.
I thing that there will be competing with other trusts management companies and maybe even with investments funds. Probably their biggest competitor will be BlackMoon Maybe Taas? they're a crypto investment fund as well and seem to be doing fine so far. |
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Why is it called Genesis Vision? From the name I would not expect it has anything to do with financial markets. Then again with BlackRock or Vanguard are not that descriptive either.
Can someone from the team say anything about how that name came to be? I am guessing genesis = blockchain, vision = transparency.
Hi! With this project name, we won the HackRussia, all-Russian hackathon in the nomination “Finance and Blockchain”. At that time we did not have a clear vision our actions, but we needed a universal name. And we found our vision:) In which country is your project registered? Will you expand the team? How many devs do you have?
Hi! Genesis Vision company established in Ireland. Sure we will expand our team! The core team you can find on the site https://genesis.vision/Some great answers  You guys won the HackRussia! Congrats So this name is already wellknown And Ireland... beautiful country and never participated in an ICO from Ireland! So this will my first Thanks for answering all the questions about the project! Great work I'm surprised they're not registered in a tax heaven like Singapore or Switzerland like a lot of ICO's are. hopefully that won't impede the development of the project. |
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What will happen to unsold tokens after the ICO? Will they be burned or used for building a community or promotion the project?
I want to know also what are you going to do to unsold tokens? I suggest dont burn it because its help to yoir project , its better if you create social media campaign and many campaigns that promote soma coin so it will become popular and once list to the exchanges site many trader will buy because they see the potential of soma. I think that if they don't raise the minimum cap, it is better to burn the tokens, because it will be beneficial for investors. Yes, burning the unsold tokens is one solution. Another one is to freeze them for a certain time period like 5 years and then again do ICO at the current price. burning or freezing works. burning is probably better in the long run as the token doesn't suffer from the threat of inflation. with freezing , you only have 5 years to profit from it. |
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Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security? The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!
I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian. |
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yep, seems to be down. maybe they're updating the site for the ICO and traffic during peak hours. |
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What incentives do you offer that will make the average consumer decide to utilize your platform for their reward earnings? What retailers are you in partnership with, or have plans to partner with?
The shops are actually the ones that will offer these tokens to their clients, it won't be the common people that will choose to use it, shops will issue these tokens to people, people eventually will learn how to use them, because they will get loyalty points and discounts from them, so is a matter of convincing the shops and retailers rather than the public. Will it work with the online sites also or just the offline stores? There's a huge scope in online e-commerce space. I'm sure it will work with all types of businesses. It would be silly to forego the online market. |
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How much % profit per mounth (or day) can generate this trading bots?
It can not be predicted beforehand. profit depends upon many factors from market trends to volume etc. not only that, but market sentiment is very important. people just can't be predicted, and someone who want to cash out a large number of currency can trigger a massive sell-off. |
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It will be interesting to see how the ICO climate is in a month or two. For the next month alot of anticipated high profile icos will be executing and liquidity tied to those so hopefully waiting will be an advantage to napoleonx.
Very much agree, a "slowly but surely move" is always a better action than those made within a "in a hurry" situation. It's gonna be alright. the team is making great moves and forming partnerships. this takes time, but will benefit the project in the long run. |
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You will have only mobile wallet? no wallet for PС?
Wallet will for both OS? (for IOS and android) ?
I'm sure they'll have a PC wallet. but honestly why use it except for storage? just for storage need. You can lost you phone, or someone can stole phone in you... can be online wallet for smarphones. do not need to store anything local. just needed remember password yeah that's what I'm thinking. like an account specifically made for this. |
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man if this takes off, all investors are gonna be rich. there's definitely a need for a new kid in town,especially with the scandals that have happened. |
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While this ICO is running we can see the overwhelming activities on this thread, a solid proof of support by the community, some are looking for answers on their querries before adopting this project but most of them are showing supports and giving their trust by buying more from this ICO.
let's hope that this enthusiasm is kept throughout the ICO and once the token hits the market. that's the real test after all. |
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As I understand at the moment is collected 6405931/450=14235 ETH, this good amount or I'm wrong?
Indeed, already 14k ETH has been collected. Thats a huge amount of ETH and means a lot of investors already have trust in this project. This is a great project! Cant wait for the crowdsale! 120k ETH is hard cap and it raised more than 14k ETH till now. The token sale will be going on for another 23 days. I think they made a good decision to make such a long ICO because right now its really hard to reach the hard cap but when the crypto economy fix itselfe a little, the can count on fresh investors. I think they need to do some big moves in the marketing sector along this ICO if they want to reach that hard cap, it still far away. Will the dev's continue with the project if the soft cap is not reached? 14k ETH seems to me like a lot of money, and more than enough to start with. |
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Thanks for this , it makes some things clearer regarding this ICO. |
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I am a little bit at a loss here, could you please elaborate the role of the manager and broker, from what i understand the manager will hold the investors funds, then a broker will secure and trade, so will a real person handle the funds for us or is all automated.
I haven't seen a mention of automation here so I assume it's a physical person. |
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That's good for the project. I'm still trying to understand everything from my side  Yet to see an ICO ranked low by that site. So in other words, their opinion don't mean shit this is my first look this website ,who is owner ? i sure soma is a great project ,personal i will join . Oh, i guess i should state that it's not a negative attribute on soma, just saying that the ICObench crew opinion shouldn't be considered when researching for an investment project you should always do your own research before investing in anything , ICO's included. it's your money, don't waste it. |
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Invest or not invest - that´s the question here  Maybe better invest after launch on exchanges? What´s your opinion? Joining the ICO is better rather than waiting it to be listed in an exchange. Since UTRUST is a good coin, it is better to participate in ICO because the token is much cheaper and their are bonuses to be distributed. And I am confident and I believe that after the ICO, UTRUST value will definitely increase. You won't regret investing on this kind of project. Buy it before it hits EtherDelta to make small profit, buy it before it hits Poloniex to make a big profit! Utrust already on ethyerdelta? And its will be on Poloniex?  I don't know if the participants of the private and the pre-sale already got their tokens. But why should they already dump their tokens? The main ICO hasn't even started. When they dump the price of that coin will go down so bad. And with that they can buy the coin again at low price. It was the recent technique by the person that destroyed the reputation of bitcoin and the bitcoin goes down, but he bought many bitcoins LOL. I rather invest on crowdsale now that later... Remember what they told bout the token.. It is not able to mine.. And they will buer all the unsold token.. Meaning the price will lump after the ico because there no available coins unhand.. Well, the way how I see it that Invest then take a long term hold on which ever coin that is. you gotta hold the token at least until the project matures to get a real return on investment. |
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Yes the community is really hyped about paypie, and the project has a huge support from the community. It’d a pretty good indicator, cause he commmunity is smart and big support come for big project. The value of paypie will be incredible I think, im impatient to see the ico start !
Famouse man joined to this project (I mean Antonio) and now a lot of people can see, that this project have a seriously plan and perspective. Antonio or like you call him Famouse man is just an icing on the the cake. The validity of the project has always been intact "famouse" it is like a dessert name. Joking aside, you are right about metaphor. It's icing and the important thing is cake. Or maybe pie. Nonetheless, the project is the number one priority which is looking very good. I expect great things from this project and definitely a very successful ICO. |
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You will have only mobile wallet? no wallet for PС?
Wallet will for both OS? (for IOS and android) ?
I'm sure they'll have a PC wallet. but honestly why use it except for storage? |
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I am so impatient to see your trading bot. What is very cool on your project is that you will often create new bots. Without this of course your concept will be very poor but that's not the case so perfect. Another good point is that the community will be able to vote for the best bots, we can see here all the power of the blockchain.
The biggest issue is dealing with the saturation caused by releasing a bot for usage by the public why saturation, the bot will be constantly improved, or re-created, based on community feedback. if you're referring to other bots from other projects, then may the best bot win. |
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7 Days left before Pre-ICO. Get ready. ICO of october
It would be great, I'm quite sure this will be a good one, and I'll invest some BTC in it. Unfortunately you can't participate on all napoleon ICO's period with bitcoin. It accept only Eth as the main way to invest in this project. Yeah, the currency accepted is ETH only, so you must exchange your BTC into ETH first. Many ICOs which offer an ERC20 token only accept ETH, that's a bit of a shame but its still enough time to prepare yourself for the start. It's probably because dev's don't want to bother with conversions as well as multiple wallet addresses. Here you just send eth and they send the token back to the same address. easy peasy, |
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