[ANN] Genesis Vision - Decentralized platform for the trust management

[ParRus]

We don’t hire managers; we don’t control their strategies. We only unite all of them in a single decentralized network. Each investment will be charged 0.5% of the operation amount.

But if some bad manager lost all investors money, can you influence to him and prohibit him trading more?

i think thats the risk everybody should take on his own. trusting managers always involves a (higher or lower risk)

that's why there will be a reputation system implemented. so people can judge the performance of the manager.

this rating will be very useful, and everyone will be able to choose a more successful manager, of course this does not give a 100% guarantee, but still the chances that your funds will increase significantly will grow

[1715291281]

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[1715291281]

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[1715291281]

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[Jay2408]

We don’t hire managers; we don’t control their strategies. We only unite all of them in a single decentralized network. Each investment will be charged 0.5% of the operation amount.

But if some bad manager lost all investors money, can you influence to him and prohibit him trading more?

i think thats the risk everybody should take on his own. trusting managers always involves a (higher or lower risk)

that's why there will be a reputation system implemented. so people can judge the performance of the manager.

Only problem will be at the start of the platform when there is no trading history or statistics of the manager available yet. Then you can just roll the dice which manager to chose  

[tiger5056]

We don’t hire managers; we don’t control their strategies. We only unite all of them in a single decentralized network. Each investment will be charged 0.5% of the operation amount.

But if some bad manager lost all investors money, can you influence to him and prohibit him trading more?

i think thats the risk everybody should take on his own. trusting managers always involves a (higher or lower risk)

that's why there will be a reputation system implemented. so people can judge the performance of the manager.

Only problem will be at the start of the platform when there is no trading history or statistics of the manager available yet. Then you can just roll the dice which manager to chose  

that is true with anything today. System will improve with time

[kraterion]

Unfortunately, alpha version will be launched in 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.
So we put this to the blockchain, and  in the first quarter of 2018, it will be ready.

OK, understood, you think there will be at least a chance to see a video about it? And what do you mean by "sold"? You sold your centralized solution but the decentralized one will be open-source as far as I understood. Why buy a product when it will be open-source soon?

[Korsakopf]

We don’t hire managers; we don’t control their strategies. We only unite all of them in a single decentralized network. Each investment will be charged 0.5% of the operation amount.

But if some bad manager lost all investors money, can you influence to him and prohibit him trading more?

i think thats the risk everybody should take on his own. trusting managers always involves a (higher or lower risk)

that's why there will be a reputation system implemented. so people can judge the performance of the manager.

this rating will be very useful, and everyone will be able to choose a more successful manager, of course this does not give a 100% guarantee, but still the chances that your funds will increase significantly will grow

Won't the performance of the managers also be visible by how much percentage growth they accomplish?  Judge them by the numbers.

[windreamteam]

Genesis is an answer to the problem of opacity in traditional trust management systems that do not offer investors the opportunity to have an overview or even to control their assets completely.

[FIEX]

Won't the performance of the managers also be visible by how much percentage growth they accomplish?  Judge them by the numbers.

There will be a rating system otherwise who you can trust?
Ratings will be important for investors, if they see a manager with some good reviews he will be investing in that manager.

Really hope there wont be scam managers... this wont be good for the platform.

[Rigorous]

I am 5 and what is a trust manager? What is a portfolio and what is investing? I don't understand anything you just said!

Trust management is a form of interrelationship of an investor and a finance manager (trustee). Under the trust management an investor (a private individual or an organization) delivers financial assets for trust management by a third party on preliminarily agreed conditions.

Managers
Management funds/traders are companies/individuals with a proven trading history, ready to acquire investors' money for management.

Investors
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.

Brokers
Brokers are 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.

For understanding an investment process we recommend to read the next article https://blog.genesis.vision/investment-platform-of-the-future-how-to-invest-58de7300774a

Haha, fantastic. But still good to make sure we have the same understanding of the terms that are used by Genesis Vision.

[magisterr]

Thanks for your anwers genesis.vision. So your partners include 400 brokers around the world...nice! And what about cryptocurrencies exchanges? Afaik they aren't brokers because when people buy tokens, they buy other people's tokens.

you mean, that they have already 400 partner brokers? Or they planning?

[Elkmar]

Thanks for your anwers genesis.vision. So your partners include 400 brokers around the world...nice! And what about cryptocurrencies exchanges? Afaik they aren't brokers because when people buy tokens, they buy other people's tokens.

you mean, that they have already 400 partner brokers? Or they planning?

i'm interested on knowing about this too.

[greatteager]

I look at the road map and see that the alpha version will be released in 2018. Why should I buy tokens on ICO? just for the sake of bonuses?

[Rigorous]

Thanks for your anwers genesis.vision. So your partners include 400 brokers around the world...nice! And what about cryptocurrencies exchanges? Afaik they aren't brokers because when people buy tokens, they buy other people's tokens.

you mean, that they have already 400 partner brokers? Or they planning?

That number is literally in their whitepaper.

Genesis Vision already has partners preceding its launch who will provide an active client base (our partners include 400 brokers around the world).

I suppose that can be largely attributed to this:

At the beginning of 2017, Alexey Kutsenko, CEO of Tools For Brokers (http://t4b.com), joined the team.

[greatteager]

Educate me in what is the meaning of a transparent investment system? Why should a trader show his knowledge to everyone?

[wonderfullife]

There are currently too many dishonest and incompetent brokers who make great promises to their customers without keeping them, here we have a solution in order to be able to take into account every parameter that may affect the market.

[greatteager]

I see your ad on the Internet about finding employees. How many people do you have in your team and who else do you need?

[Trrrt]

400 brokers around the world as partner is really nice. Genesis vision willl profit a lot from partner and the more the project has the more the value will be high. And i think that the platform will have a lot of user, genesis Vision can go very far. 

[bitsurfer2014]

It's nice to see Genesis Vision conducting an active marketing campaign via Youtube. Cool video. https://www.youtube.com/watch?v=igpxx-lrpQc

[ParRus]

It's nice to see Genesis Vision conducting an active marketing campaign via Youtube. Cool video. https://www.youtube.com/watch?v=igpxx-lrpQc

yeah video is albeit short but wonderful. graphics is cool ! immediately visible what Genesis Vision team are professionals
thanks for sharing!

[Heimer]

It's nice to see Genesis Vision conducting an active marketing campaign via Youtube. Cool video. https://www.youtube.com/watch?v=igpxx-lrpQc

yeah video is albeit short but wonderful. graphics is cool ! immediately visible what Genesis Vision team are professionals
thanks for sharing!

Yep, this video have very nice style maybe it will bring new investors. I'm gonna share this on social media 

[cantdecide]

There are currently too many dishonest and incompetent brokers who make great promises to their customers without keeping them, here we have a solution in order to be able to take into account every parameter that may affect the market.

Yes, that's a good point. There are a lot of people who pretend to be good and wants your money, but you can't check if he/she really has made success in trading. Here you have a platform where you can see, if a manager has some skills or not.