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Author Topic: [ANN] Genesis Vision - Decentralized platform for the trust management  (Read 79745 times)
matjas
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October 13, 2017, 09:04:39 AM
 #861

Such question: the manager will receive the commission from the sum of profit for the certain period of time, or the manager will receive the commission from each transaction which he makes? I think the first option, but I would like to clarify this issue.

Here's what whitepaper says: "The profit, received as a result of management of the total funds, is shared proportionally between the managers and investors. Managers receive a commission for management and a commission from the profit (success fee)".
So managers are paid not only in case of profit, they also receive some management fee in any case.

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October 13, 2017, 09:16:13 AM
 #862

I was napoleonx thread earlier. Someone suggested a partnership with genesis vision.

When i think about it, some trust managers can be ai and there is napoleonx for this. But on the other hand, napoleonx can count as a competitor.

Still seeing as a bot as a trust manager could be an interesting experience

But dont you think the trading bot replaces the manager? I dont see how that will work out :/

It can work in some cases.
But I think people who are investing in Genesis Vision want a real life manager to trust them with there funds.

If the manager is a bot you still need someone who needs to answer questions from the investors, a bot cant do this.
So the manager is still a real person Smiley

But when you know, you are using a trust bot instead of trust manager, you can adjust your expectations.

By the way i am not sure genesis should go this way or shouldn't, i find the idea interesting that is all Smiley

I think good traders use all tools at hand. No reason a manager cannot also use a trade algorithm for his day trades, while he researches for long term value investments

I don't think there would be a problem if manager also would use such bots. In the end it could be part of their strategy and I think NapoleonX is a pretty interesting project. Maybe it would be worth to consider a partnership with NapoleonX.

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haxllega
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October 13, 2017, 09:36:30 AM
 #863

I was napoleonx thread earlier. Someone suggested a partnership with genesis vision.

When i think about it, some trust managers can be ai and there is napoleonx for this. But on the other hand, napoleonx can count as a competitor.

Still seeing as a bot as a trust manager could be an interesting experience

But dont you think the trading bot replaces the manager? I dont see how that will work out :/

It can work in some cases.
But I think people who are investing in Genesis Vision want a real life manager to trust them with there funds.

If the manager is a bot you still need someone who needs to answer questions from the investors, a bot cant do this.
So the manager is still a real person Smiley

But when you know, you are using a trust bot instead of trust manager, you can adjust your expectations.

By the way i am not sure genesis should go this way or shouldn't, i find the idea interesting that is all Smiley

I think good traders use all tools at hand. No reason a manager cannot also use a trade algorithm for his day trades, while he researches for long term value investments

I don't think there would be a problem if manager also would use such bots. In the end it could be part of their strategy and I think NapoleonX is a pretty interesting project. Maybe it would be worth to consider a partnership with NapoleonX.
You mean that traders will choose the best bots in their opinion and use them. I think it would be a great idea because traders do their research which bots are the best and investors will save their time because they don't have to learn how a bot works.

matjas
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October 13, 2017, 09:57:23 AM
 #864


New article about genesis on marketwatch http://www.marketwatch.com/story/major-breakthrough-genesis-vision-the-next-step-in-financial-markets-evolution-will-happen-on-15th-of-october-2017-10-12

Interesting info: ''The trust management market is growing rapidly every year. According to PwC analysis[1] , global investable assets for the asset management industry will increase to more than $100 trillion by 2020, with a compound annual growth rate of nearly 6%.''

Interesting article. Does anyone know what this means ? Genesis Vision ICO is certified[2] by Financial Commission  ? This Financial Commission thing?

It means that it's given green light to perform financial services

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October 13, 2017, 10:23:47 AM
 #865

I was napoleonx thread earlier. Someone suggested a partnership with genesis vision.

When i think about it, some trust managers can be ai and there is napoleonx for this. But on the other hand, napoleonx can count as a competitor.

Still seeing as a bot as a trust manager could be an interesting experience

id like them to get into a partnership they would compliment each other really good!
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October 13, 2017, 10:26:09 AM
 #866

I was napoleonx thread earlier. Someone suggested a partnership with genesis vision.

When i think about it, some trust managers can be ai and there is napoleonx for this. But on the other hand, napoleonx can count as a competitor.

Still seeing as a bot as a trust manager could be an interesting experience

id like them to get into a partnership they would compliment each other really good!

It could be interesting. Bot manager, would be funny if he was the best manager  Grin
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October 13, 2017, 10:45:17 AM
 #867

I was napoleonx thread earlier. Someone suggested a partnership with genesis vision.

When i think about it, some trust managers can be ai and there is napoleonx for this. But on the other hand, napoleonx can count as a competitor.

Still seeing as a bot as a trust manager could be an interesting experience

id like them to get into a partnership they would compliment each other really good!

It could be interesting. Bot manager, would be funny if he was the best manager  Grin

I don't think so, these two projects are doing different things, have different visions.

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October 13, 2017, 11:03:32 AM
 #868

I was napoleonx thread earlier. Someone suggested a partnership with genesis vision.

When i think about it, some trust managers can be ai and there is napoleonx for this. But on the other hand, napoleonx can count as a competitor.

Still seeing as a bot as a trust manager could be an interesting experience

id like them to get into a partnership they would compliment each other really good!

It could be interesting. Bot manager, would be funny if he was the best manager  Grin

That would be funny, but your comment is also a bit foreboding... I think that with advanced machine learning/deep learning, bots with ai will someday easily outperform humans. At that time, humans will be unnecessary...

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October 13, 2017, 11:04:47 AM
 #869


New article about genesis on marketwatch http://www.marketwatch.com/story/major-breakthrough-genesis-vision-the-next-step-in-financial-markets-evolution-will-happen-on-15th-of-october-2017-10-12

Interesting info: ''The trust management market is growing rapidly every year. According to PwC analysis[1] , global investable assets for the asset management industry will increase to more than $100 trillion by 2020, with a compound annual growth rate of nearly 6%.''

Interesting article. Does anyone know what this means ? Genesis Vision ICO is certified[2] by Financial Commission  ? This Financial Commission thing?

It means that it's given green light to perform financial services

That is a great breakthrough in this market and genesis will be a leading brand soon in the financial services sector.
Interesting article with a good financial insight.
eneyardi
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October 13, 2017, 11:11:46 AM
 #870

When is the end of ICO? Smiley
sockpuppet1911
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October 13, 2017, 11:20:26 AM
 #871

I was napoleonx thread earlier. Someone suggested a partnership with genesis vision.

When i think about it, some trust managers can be ai and there is napoleonx for this. But on the other hand, napoleonx can count as a competitor.

Still seeing as a bot as a trust manager could be an interesting experience

Someone still would have to manage it and set parameters to that bot. I don't see the a partnership in here. And nothing is stopping managers of using the their own bots, because there are lots of working bots out there.
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October 13, 2017, 11:21:23 AM
 #872

Such question: the manager will receive the commission from the sum of profit for the certain period of time, or the manager will receive the commission from each transaction which he makes? I think the first option, but I would like to clarify this issue.

Here's what whitepaper says: "The profit, received as a result of management of the total funds, is shared proportionally between the managers and investors. Managers receive a commission for management and a commission from the profit (success fee)".
So managers are paid not only in case of profit, they also receive some management fee in any case.

From what I have read it is best to either have a management fee or a performance fee, but it is not a good idea to have both at the same time. Let me see if I can find the source.
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October 13, 2017, 11:40:51 AM
 #873

https://www.youtube.com/watch?v=-W-oyLCue7E

I watched this video and thought: "this is the one world order takeover". I mean it actually is The all seeing eye, but been put in a good use.

Very unique and powerful video for sure, great graphics!


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October 13, 2017, 11:47:10 AM
 #874

guys, is there already now a german whitepaper finally online? somehow, i do have problem to understand the english whitepaper to the fullest T_T"
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October 13, 2017, 11:49:35 AM
 #875

When is the end of ICO? Smiley

The website says, the ICO will start in 1 day 21 hours. And if am not wrong the hype of Genesis is so high that Ethereum network will be clogged when it starts.
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October 13, 2017, 11:57:38 AM
 #876

As i understand correctly, alpha version will be in March 2018 only? Why so long?
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October 13, 2017, 11:57:45 AM
 #877

Yes the interest of genesis vision is really huge at the moment. A lot of article or videos about the project. Ico is very soon, I also think that genesis vision will raise a lot of money. Trust management is a big market with a huge growing rate, genesis vision will make a lot of benefit in the future.
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October 13, 2017, 12:37:12 PM
 #878

As i understand correctly, alpha version will be in March 2018 only? Why so long?

i guess, it takes time to find a good crew of developers to build up a platform which is working and secure for the public Smiley well, we have to wait then Smiley
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October 13, 2017, 12:38:26 PM
 #879

When is the end of ICO? Smiley

The website says, the ICO will start in 1 day 21 hours. And if am not wrong the hype of Genesis is so high that Ethereum network will be clogged when it starts.

It is a big possibility.

And i believe there is an upcoming hard fork for ethereum blockchain. Some icos postponed because of it. I hope it doesn't affect Genesis Vision's ico.

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October 13, 2017, 12:47:34 PM
 #880

When is the end of ICO? Smiley

The website says, the ICO will start in 1 day 21 hours. And if am not wrong the hype of Genesis is so high that Ethereum network will be clogged when it starts.

It is a big possibility.

And i believe there is an upcoming hard fork for ethereum blockchain. Some icos postponed because of it. I hope it doesn't affect Genesis Vision's ico.
i think problem is that most try to pay for gas to get in and create larger issues.

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