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Author Topic: [ANN] Genesis Vision - Decentralized platform for the trust management  (Read 79745 times)
PewPewGoesTheDuck
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October 03, 2017, 05:03:27 PM
 #141

Seems like an interesting way to partner up would be investors with those looking for funds. When I have some more free time I'll dig into the whitepaper.
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October 03, 2017, 05:29:48 PM
 #142

I like this Project. I bought a stake in the presale. Also enjoyed the approach of buying an option for use in the main sale. Nice addition to token sale mechanics from fiat World. Best of luck to the Project.
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October 03, 2017, 05:30:13 PM
 #143

Seems like an interesting way to partner up would be investors with those looking for funds. When I have some more free time I'll dig into the whitepaper.
Yeah bro, dig deeper and you will discover the wonder of this project an exciting platform worth investing in.

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October 03, 2017, 05:31:16 PM
 #144

When I have some more free time I'll dig into the whitepaper.

Speaking of which, if there is one tip I can give startups concerning whitepapers it would be:

Do not give your whitepaper a generic name like "white-paper-eng.pdf".

I have downloaded a ton of whitepapers by now. I have taught myself the habit to rename them properly. Most people will not. And they will not be able to find your whitepaper a few hours later after downloading, let alone after several days. They will have a download list or PDF reader's recent files list filled with "whitepaper.pdf", "whitepaper(1).pdf", "whitepaper(2).pdf".

You may be losing a potential investor that way.

Here are some ideas:

"Genesis Vision White Paper.pdf"
"GenesisVision-Whitepaper.pdf"
"WhitePaper_ GenesisVision.pdf"

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October 03, 2017, 05:48:32 PM
 #145

Quote
Investors do not trade in the market directly. Instead, investors transfer their funds to experienced traders who manage the funds for them. Investors get their shares from their managers’ profits.

If someone trader lost my money, than I lost also all my money? Or ill have some funds insure?  Roll Eyes
How many % Ill receive from their pfrofit?
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October 03, 2017, 05:57:44 PM
 #146

When I have some more free time I'll dig into the whitepaper.

Speaking of which, if there is one tip I can give startups concerning whitepapers it would be:

Do not give your whitepaper a generic name like "white-paper-eng.pdf".

I have downloaded a ton of whitepapers by now. I have taught myself the habit to rename them properly. Most people will not. And they will not be able to find your whitepaper a few hours later after downloading, let alone after several days. They will have a download list or PDF reader's recent files list filled with "whitepaper.pdf", "whitepaper(1).pdf", "whitepaper(2).pdf".

You may be losing a potential investor that way.

Here are some ideas:

"Genesis Vision White Paper.pdf"
"GenesisVision-Whitepaper.pdf"
"WhitePaper_ GenesisVision.pdf"



Well just started looking at this coin. I must say the video is really looking Nice.
I don't fully grasp what the system will do, but I see integrations planned in 2018 with several market leader platforms.


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October 03, 2017, 05:57:51 PM
 #147

https://www.youtube.com/watch?v=0rUTSbsZtHM&feature=youtu.be nice review for better trust management

Thanks for this , it makes some things clearer regarding this ICO.

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October 03, 2017, 06:01:48 PM
 #148

I personally think the trust system itself is flawed as you may never now when a user decides to perform an exit.
He might have very good feedbacks but could exit at the end... Or the trust can be easily faked... Why would we need a decentralized trust system?

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October 03, 2017, 06:18:07 PM
 #149

https://www.youtube.com/watch?v=0rUTSbsZtHM&feature=youtu.be nice review for better trust management
It's a long video which explains everything very good. I suggest everybody who thinks about investing to watch this video.

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October 03, 2017, 06:18:38 PM
 #150

How will a manager prove his trading history when this platform will just launch and how long history are we talking about here. I will follow this thread to get better understanding of your idea.

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October 03, 2017, 06:23:31 PM
 #151

I personally think the trust system itself is flawed as you may never now when a user decides to perform an exit.
He might have very good feedbacks but could exit at the end... Or the trust can be easily faked... Why would we need a decentralized trust system?
Was wondering this too, brokers activities are recorded on blockchain, ok, but what if a broker decide to quit operations and scam investors? It's like hella easy to withdraw all investors' money, a couple of transfers here, a couple anon coins there and moneys are disappeared. Now I'll read the whitepaper maybe I'll find my answer there

▀▀█▄▄    [websitewhitepaper]  ❒  ATHERO  ❒  .Internet 3.0 solution    ▄▄█▀▀
  A revolutionary decentralized digital economy 
▄▄█▀▀    Twitter  ◽  Facebook  ◽  Telegram  ◽  Youtube  ◽  Github   ▀▀█▄▄
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October 03, 2017, 06:28:43 PM
 #152

https://www.youtube.com/watch?v=0rUTSbsZtHM&feature=youtu.be nice review for better trust management
It's a long video which explains everything very good. I suggest everybody who thinks about investing to watch this video.

Thank you for this clear video. It does make a lot more sense after watching the video.
I recommend everyone interested in the project to have a look.
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October 03, 2017, 07:02:23 PM
 #153

Haven't read the whitepaper yet, but as I can see from your ANN it is focused on investments. If we talk about investments, what investments in particular? Stock exchange? Precious metal? Crypto?

Hi! Our platform will allow people to manage all investments types. We will develop the project for all markets including stock markets, cryptocurrency markets, futures markets, and so forth.

It would be great if they will release a demo or beta before ICO!
Unfortunately, we don't have any working prototype. Alpha version will be released at the first quarter of 2018. Currently, we have a working solution, but it is not decentralised. Let me explain the situation with current solution: It is not a prototype, but already built solution, which already sold to more than 80 companies in the world. Unfortunately, this solution is not open-source, so we could not provide you with the code.

this looks like Dash coin project (platform for traders)? Or this platfrom for adversiting project? Or what main concept of your idea?
Can you tell me, please  Roll Eyes
Hi! In a nutshell, Genesis Vision is the world’s first blockchain based decentralized private trust management platform! Unlike other blockchain projects connected with trust management, we don’t limit our target audience with the crypto world only. Our first goal is to bring the transparency and stability to the traditional financial markets such as forex, stock markets, hedge funds and so forth.
Our team has a great experience in developing financial software, and traditional trust money management systems mixed with deep blockchain knowledge. We want to bring indispensable blockchain technology advantages to the long existing industry, which is currently suffering from fakers, unfair money managers, hidden processes and strong regulations. These factors cause limitedness due to the lack of information, the lack of transparency and consequently the lack of trust. And the Genesis Vision is a unique solution to these problems.
I don't really understand the use of the broker.

It's contrary to decentralization and it impacts the profits generated by the managers no ?

Hi! Through brokers, traders have access to trading financial instruments on exchange and over-the-counter markets. Our cooperation with financial brokers was chosen as the starting point of the project. 
At present, brokers have the technical ability to influence the data on the trade history and statistics of their managers. Implementation of blockchain will allow to achieve transparency and efficiency on the technological level.

Quote
Hi! Not exactly - the platform will allow all people to manage investments, however, some check are implemented to insure investors interests. But the main mechanism is that, indeed, all investors will be able to see the most successful traders and invest with them by buying their token.

1broker, Etoro and Zulutrade are all centralized platforms, but only Genesis Vision can be genuinely honest and transparent, every piece of info on the platform can be checked and verified.

But same concept want to make Dash coin. So you will have competitor already? Or your platform more expanded?

Coindash it is social trading with ICO tokens.It has its own assets management Fund. Our platform allows to work with any set of financial instruments
We unite already operating brokers and money managers from Forex, Stock markets, hedge Funds, crypto asset managers and so forth. We don’t change the way of trading for our managers; we don’t control their strategies. We only unite all of them in a single decentralized network and make the process of investment and profit distribution transparent and stable.


Genesis Vision — Decentralized Platform for Asset Management
 ▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰ TRADE WITH GV ▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰  
●  Twitter Facebook •  The next step in financial markets evolution • Telegram Medium  ●
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October 03, 2017, 07:05:36 PM
 #154

When I have some more free time I'll dig into the whitepaper.

Speaking of which, if there is one tip I can give startups concerning whitepapers it would be:

Do not give your whitepaper a generic name like "white-paper-eng.pdf".

I have downloaded a ton of whitepapers by now. I have taught myself the habit to rename them properly. Most people will not. And they will not be able to find your whitepaper a few hours later after downloading, let alone after several days. They will have a download list or PDF reader's recent files list filled with "whitepaper.pdf", "whitepaper(1).pdf", "whitepaper(2).pdf".

You may be losing a potential investor that way.

Here are some ideas:

"Genesis Vision White Paper.pdf"
"GenesisVision-Whitepaper.pdf"
"WhitePaper_ GenesisVision.pdf"


Agree, it will be a bit complicated if we have many whitepapers so we have to double check them one by one.
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October 03, 2017, 07:09:44 PM
 #155

I personally think the trust system itself is flawed as you may never now when a user decides to perform an exit.
He might have very good feedbacks but could exit at the end... Or the trust can be easily faked... Why would we need a decentralized trust system?
Was wondering this too, brokers activities are recorded on blockchain, ok, but what if a broker decide to quit operations and scam investors? It's like hella easy to withdraw all investors' money, a couple of transfers here, a couple anon coins there and moneys are disappeared. Now I'll read the whitepaper maybe I'll find my answer there

3.1 The manager’s trading account is blocked from depositing and withdrawing funds

Ok so he can't exit whenever he wants. This means that managers' smart contract are managed only by Genesis ? After reporting period profits will be transfered to managers' tokens holders automaticly?

▀▀█▄▄    [websitewhitepaper]  ❒  ATHERO  ❒  .Internet 3.0 solution    ▄▄█▀▀
  A revolutionary decentralized digital economy 
▄▄█▀▀    Twitter  ◽  Facebook  ◽  Telegram  ◽  Youtube  ◽  Github   ▀▀█▄▄
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October 03, 2017, 07:20:26 PM
 #156

Very nice project! I'm glad that I found this in pile of other ICO announcements. Definitely I will be observing this one  Grin
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October 03, 2017, 07:34:50 PM
 #157

A very promising direction for the implementation of blockchain technology. The main thing now is implementation.
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October 03, 2017, 07:44:57 PM
 #158

By the way, loved your trailer : https://www.youtube.com/watch?v=-W-oyLCue7E&feature=youtu.be

Quite interesting, well done and very professional  Smiley
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October 03, 2017, 07:46:20 PM
 #159

I personally think the trust system itself is flawed as you may never now when a user decides to perform an exit.
He might have very good feedbacks but could exit at the end... Or the trust can be easily faked... Why would we need a decentralized trust system?
Was wondering this too, brokers activities are recorded on blockchain, ok, but what if a broker decide to quit operations and scam investors? It's like hella easy to withdraw all investors' money, a couple of transfers here, a couple anon coins there and moneys are disappeared. Now I'll read the whitepaper maybe I'll find my answer there

3.1 The manager’s trading account is blocked from depositing and withdrawing funds

Ok so he can't exit whenever he wants. This means that managers' smart contract are managed only by Genesis ? After reporting period profits will be transfered to managers' tokens holders automaticly?
So once he's registered (manager), he wont be able to withdraw or deposit any funds from/to his trading account?
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October 03, 2017, 08:35:31 PM
 #160

From where this all good projects are poping? its one genius realizating his ideas? Cheesy
reading white paper now and one thing is annoying to me .. i see that another poster had the same issue : generic wp name ;/ will post more when i finish digesting whitepaper
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