What is the Genesis Vision Platform ?
It is the first platform for the private trust management market, built on Blockchain technology and Smart Contracts.
The platform aims to combine exchanges, brokers, traders and investors into a decentralized, open and honest network, making the financial market even more global.
As for all projects, reading the Genesis Vision Whitepaper is mandatory for truly understanding the project.
Further on we will try to briefly summarize the concept of Genesis Vision.
Who will be using the Genesis Vision Platform
The attached diagram briefly explains the Genesis Vision platform, but for a better understanding, let's first see who are the actors within the Genesis Vision Platform
Investors. They 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.
Managers. They are companies/individuals with a proven trading history, ready to acquire investors' money for management. 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).
Brokers. They 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.
How does the platform work?
The Genesis Vision Token ( GVT ) is the main GAS used within the platform, and is the token used for investing and distributing the profits within the platform.
Achieving true tokenization, each manager will emit their own tokens, which will be available to be bought by investors, by using the Genesis Vision token.
Based on proven track record of managers, investors will be able to trade their GVT tokens for the manager tokens, on the exchange within the Genesis Vision platform.
Investing now becomes not just a transfer of money but the purchase of a cryptocurrency, which remains liquid throughout the process and can be resold at any time.
Then the funds get locked for a period of time chosen by the Manager ( depending on whether he is a short term or long term trader ) , and after that period, the profits achieved by the trader in that particular time frame get re-distributed to the Manager token holders, also in the form of GVT tokens.
What is the target market ?
The Genesis Vision platform not only targets crypto-currencies, but the whole Assets Under Management ecosystem, which currently sits at 70 Trillion Dollars, and which is prospected to grow to 100 Trillion Dollars by 2020.
Furthermore, the entire crypto ecosystem is expected to grow very much by 2020, and thus it will also be a very big chunk of the trades done within the platform.
The Genesis Vision platform already has around 400 brokers around the world waiting to join the platform, thus ensuring they will capture a good chunk of the funds under management currently trading on Forex markets ( classical assets such as gold and silver included ) - mainly due to their partnership with Tools For Brokers which provides technological solutions for brokers, including FOREX, CFD, STOCKS and BINARY OPTIONS.
When will this be achieved ?
The team has put forth a very comprehensive ROADMAP stretching across 2020. They have specified very well all the steps they will be taking to bring the Genesis Vision to life.
Key Milestones are :
- Q1 2018 - Alpha Platform release ( with full investing capabilities and MetaTrader integration - a main software used for Forex trading )
- Q3 2018 - Beta platform release ( with crypto exchanges integration )
- Q1 2019 - 1.0 Platform release ( with stock exchanges integration )
- Q1 2020 - Banks integration for extra GVT liquidity
Key Genesis Vision Token Advantages
Genesis Vision will change the way investments are made !
In a world where Bernard Madoff can pull billion of dollar scams by doing fake investments, or where Bitconnect can succesfully run an investment scam, Genesis Vision will bring an honest and transparent way to create value. Welcome to the future !