Genesis Vision is a trust management toneelpodium. It offers a decentralized network where brokers, investors, traders, and exchanges can work together and interact. It overcomes the current problem of a lack of information with brainy contracts and blockchain technologies, along with the issues of a lack of transparency and no trust spil a result.
Within Genesis Vision, every trust manager uses their own cryptocurrency used to attract investment. The team’s clear vision and the platform’s scalability should help it stand out from other blockchain offerings.
What Problem Does Genesis Vision Address?
Spil mentioned, the main issues that Genesis Vision aims to address are the lack of information, transparency, and trust te the world of trust management. Albeit the industry grows at a constant rate, the current mechanisms for trust management still fail to meet the requirements of modern managers and investors. Managers are tied with their exchanges or brokers, meaning their investors are, spil well. At the same time, there simply isn’t any reliable source of statistics and information ter a single, consolidated location. Because of the lack of information, investors have limited choices, and managers find it challenging to get fresh funds from investors.
This is made even worse by the lack of transparency. After all, brokers have technical abilities to influence the gegevens related to statistics and trade history for managers, and investors have no way to see what of this information and history is real. Furthermore, the entire process of investing and distributing commissions and profits occurs within trading platforms te a way that market participants do not have access to.
All thesis issues have led to the possibility of fraudulent activities, such spil Ponzi schemes, with the fraudsters using the complicated nature of the system and its lack of transparency to their advantage. The reaction, tightening regulations, makes it even firmer for trust managers to get licenses, hurting all parties involved.
How Does Genesis Vision Resolve Thesis Problems?
Inbetween decentralization, clever contracts, and blockchain technology, Genesis Vision has numerous lumps of technology ter play to help resolve the issues mentioned above. The blockchain tech produces openness, censorship resistance, and immutability of information. The brainy contracts further ensure openness and transparency.
How Does Genesis Vision Benefit Users?
The setup of Genesis Vision permits it to benefit everyone involved te trust management. The investors can connect with all financial instruments and managers for a range of options. This toneelpodium essentially gives investors the option to access managers from anywhere te the world. Before choosing a manager, investors can lightly view the statistics and trading history of that manager, both of which are reliable and ter a single location. There are also no issues of trust thanks to the see-through investments and distribution of profit. Investors can even invest ter both fiat and cryptocurrencies. There is also added liquidity since investment comes via buying a cryptocurrency that investors can then sell whenever they want.
Managers get to brand their own cryptocurrency and take advantage of unlimited scaling for their trading strategy. They also get to utilize investments from the Genesis Vision fund. Brokers will see an increase te trading volume and love fully free participation. All the software is also open source, making it free to use and semi-transparent to understand.
How Do the Individual Crypto Tokens Work?
Every manager has a unique cryptocurrency with the punt amount depending on the success indicators of trading. This way, when you make better trades, you can attract more investments. There is an internal exchange where investors can exchange their crypto tokens at any point they want, including inbetween reports from the manager. This lets investors build and go after their own strategies for investment.
When a trader chooses to invest ter a manager’s vision, they will simply buy that manager’s cryptocurrency using the internal exchange. Managers will not see any differences to their regular trading processes, and the trader will still operate either with a convenient broker or on the exchange.
What Investment Strategies Are Available?
Genesis Vision appeals to investors with all levels of practice since it lets you create your own investment strategy if you want. If you choose, just visit the internal exchange and buy the crypto tokens associated with the manager of your choice. If you choose, you can explore the Genesis Vision investment portfolios generated by artificial intelligence, which include a vast array of options.
What Is GVT?
GVT is the token for the Genesis Vision podium and will be a core part of the ecosystem for the toneel. It will be part of all investment operations and profit distributions. Due to the limited number of tokens and the lack of future issuance, GVT’s price will be based on its request. During the ICO, each GVT wasgoed valued at $1 USD. GVT will also be used for the trading managers’ tokens within the platform’s internal exchange.
The team behind Genesis Vision foresees the request for GVT growing duet to the active client base, an increase ter the trading volume of the network members, and the well-thought-out project for marketing and development.
How to Buy Genesis Vision GVT
Spil of the time of writing, you can trade GVT on several exchanges, including Etherdelta, Kucoin, HitBTC, and Binance.
You are not able to purchase GVT with “Fiat” currency so you will need to very first purchase another currency – the easiest to buy are Bitcoin or Ethereum which you can do at Coinbase using a canap transfer or debit / credit card purchase and then trade that for GVT at an exchange which lists the token. Read on to see how to purchase it.
Register at Coinbase
For very first time buyers of crypto currency, wij recommend that you use Coinbase to make your very first purchase – its effortless to use, fully regulated by the US government so you know it is one of the safest and most reputable places to purchase cryptocurrency from. Coinbase offers the capability to purchase Bitcoin, Litecoin and Ethereum with a credit or debit card or by sending a bankgebouw transfer. The fees are higher for cards but you will receive your currency instantly.
You will have to carry out some identity verification when signing up spil they have to adhere to stringent financial guidelines.
Make sure you use our listig to signup you will be credited with $Ten te free bitcoin when you make your very first purchase of $100.
To get embarked, click the “Sign up” button where you will be taken to a registration form where you will need to inject your name, email and choose a password.
Te Coinbase, visit the “Buy / Sell” tabulator at the top, select “Ethereum”, choose your payment method and come in the amount you wish to purchase – you can either inject a US Dollar amount or a number of Ether.
You will then be asked to confirm your transaction, if paying with a card you might have to finish a verification with your card provider. Once that’s accomplish, your Ethererum will be added to your account.
Purchase GVT at Binance
You can now send your Ether overheen to Binance to make your purchase of GVT, take a look at our review of Binance here to see how to signup and purchase on their exchange.
GVT is also available on the following exchanges:
How Many GVT Tokens Are There?
There are Four,436,643 GVT tokens te total. Trio,327,482 GVT were sold during the token sale. A further 11 procent of the total tokens, equal to 488,030, wasgoed reserved for the team and wasgoed frozen for a year. Another Five procent, or 221,832 GVT, is reserved for the Genesis Vision Fund. Those tokens will no longer be frozen following the toneel release, at which point they will be used to attract managers and stimulate their activities. There were also 33,274 GVT distributed spil part of the Bounty Program, albeit Genesis Vision says that did not affect the price. Unsold tokens were burnt.
Genesis Vision is a welcome addition to the trust management industry by answering issues of a lack of information, reliability, and trust. Its use of the blockchain technology should effectively resolve thesis issues while benefiting all parties involved.