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Topic: [ANN][ICO] Genesis Vision - Decentralized platform for the trust management - page 107. (Read 79763 times)

full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.

It wouldn't probably be bigger of a gamble than you just going to the bank or any mutual fund and giving them money. And managers will also have their own money invested which they would also have to manage. They sure don't wanna get a loss for themselves.

Managers need to put money equal to all investment is a good thing. At least you can't put your money any troll managers portfolio. If you lose, they lose.

But still, brand new manager = big risk. He can have every intention to make a profit but if he is not capable it at the end he will lose his money and yours.

Sure, but that is a risk you will have anyways if you trust someone with your money. Also, as the crypto market is really volatile you always have the risk that at some point maybe some losses will be there. Also if the manager has a bad day or whatever.

Right, even with the most experienced managers you sometimes might suffer losses. Best strategy at the beginning imo is to diversify and spread your investment among several managers until you know which managers have the best trading results
full member
Activity: 336
Merit: 112
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.

It wouldn't probably be bigger of a gamble than you just going to the bank or any mutual fund and giving them money. And managers will also have their own money invested which they would also have to manage. They sure don't wanna get a loss for themselves.

Managers need to put money equal to all investment is a good thing. At least you can't put your money any troll managers portfolio. If you lose, they lose.

But still, brand new manager = big risk. He can have every intention to make a profit but if he is not capable it at the end he will lose his money and yours.

Sure, but that is a risk you will have anyways if you trust someone with your money. Also, as the crypto market is really volatile you always have the risk that at some point maybe some losses will be there. Also if the manager has a bad day or whatever.
hero member
Activity: 686
Merit: 500
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.

It wouldn't probably be bigger of a gamble than you just going to the bank or any mutual fund and giving them money. And managers will also have their own money invested which they would also have to manage. They sure don't wanna get a loss for themselves.

Managers need to put money equal to all investment is a good thing. At least you can't put your money any troll managers portfolio. If you lose, they lose.

But still, brand new manager = big risk. He can have every intention to make a profit but if he is not capable it at the end he will lose his money and yours.

would be nice if reputation data can be integrate via major crypto trading exchange by allowing them to link in platform. just a thought.
full member
Activity: 490
Merit: 104
I think traders of you platform will also make youtube videos to explain their ideas and strategies.
it was good, at least vividly to show inexperienced how they work. maybe something new would teach
I think not everyone can become a trader, intuition is needed here, as well as the ability to not panic
full member
Activity: 392
Merit: 100
I think traders of you platform will also make youtube videos to explain their ideas and strategies.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.

It wouldn't probably be bigger of a gamble than you just going to the bank or any mutual fund and giving them money. And managers will also have their own money invested which they would also have to manage. They sure don't wanna get a loss for themselves.

Managers need to put money equal to all investment is a good thing. At least you can't put your money any troll managers portfolio. If you lose, they lose.

But still, brand new manager = big risk. He can have every intention to make a profit but if he is not capable it at the end he will lose his money and yours.
sr. member
Activity: 994
Merit: 278
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.

Ha, at the first months this shall attract gamblers too then Smiley Win-win.
full member
Activity: 448
Merit: 107
Yes you need to put find to become manager, I think manager will all have some trading skills and be at least performant. But at the start investors will need so data to put their trust in a manager. But I think that genesis vision will offer a great visibility of the performance.
full member
Activity: 574
Merit: 115
This reminds me of the rating system of tripadvisor. Sometimes i visit a restaurant that was rated low on tripadvisor, but then I rate it 5 stars. Especially when there are not many raters yet, one stupid review of a customer can really have a bad influence on how the restaurant runs. Even tho rating a product is very popular nowadays,  a bad/not fair rating of a manager could have big implications..

This could be avoided by only showing the ratings after a X amount of rating. If a manager has no rating yet he can write a blog on his investments strats. After enough people rate him , rating is visible.
Hope Genesis does something with this wisdom Wink

Oh yeah your right. Booking,com uses this rating system and I do trust their rating system. There is a solution for everything Smiley

Another possibility to make the rating system more robust is by means of weighted ratings, or trust. That way not only managers are ranked, but investors as well.
full member
Activity: 490
Merit: 100
Quote
• Managers issue their own branded cryptocurrency, which can be freely traded by investors.

What? In which way they will be issue their own cryptocurrency? I dont think, that is good idea... Every manager can make hundreds cryptocurrency, but in fact, this will be wourth nothing...

investors will invest on good traders. before they invest theyn can check trade history and strategy bio data. this is one first rule all invester doing before investing money.

You read, what i wrote? I asked about their own tokens! May be devs can explaine this?
Manager need to put some funds to make their coin valuable. Its one of the requirement to register as a manager

what if they dont put some funds into their tokens? their project will fail or will the tokens worth something when generated?
They cant register as a manager if they dont put some minimum funds first.

What is nobody wants to buy it? Will genesis have a buy back price based on the performance of the manager? Will the manager buy them back?

For example I am invested in a crypto casino ico, the tokens value are based on the casino bankroll. So basicly if the casino wins, the bankroll grows, token value goes up. The casino buys back tokens from investors at set time frames, if investors want this.
The money is still there in the manager account, it isnt go to the genesis team.
So i think they can get their money back for sure.
full member
Activity: 280
Merit: 100
Ternion | Hybrid Crypto Exchange with fiat gateway
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.

It wouldn't probably be bigger of a gamble than you just going to the bank or any mutual fund and giving them money. And managers will also have their own money invested which they would also have to manage. They sure don't wanna get a loss for themselves.

Exactly, hopefully most of the managers have an idea of what they are doing. As already stated, when you give money to an investment company you are blindly hoping they make all the right moves for you. There's no rating system for them.
full member
Activity: 224
Merit: 100
Become Part of the Mining Family
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.

This reminds me of the rating system of tripadvisor. Sometimes i visit a restaurant that was rated low on tripadvisor, but then I rate it 5 stars. Especially when there are not many raters yet, one stupid review of a customer can really have a bad influence on how the restaurant runs. Even tho rating a product is very popular nowadays,  a bad/not fair rating of a manager could have big implications..

This could be avoided by only showing the ratings after a X amount of rating. If a manager has no rating yet he can write a blog on his investments strats. After enough people rate him , rating is visible.
Hope Genesis does something with this wisdom Wink

Oh yeah your right. Booking,com uses this rating system and I do trust their rating system. There is a solution for everything Smiley
full member
Activity: 154
Merit: 100
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.

This reminds me of the rating system of tripadvisor. Sometimes i visit a restaurant that was rated low on tripadvisor, but then I rate it 5 stars. Especially when there are not many raters yet, one stupid review of a customer can really have a bad influence on how the restaurant runs. Even tho rating a product is very popular nowadays,  a bad/not fair rating of a manager could have big implications..

This could be avoided by only showing the ratings after a X amount of rating. If a manager has no rating yet he can write a blog on his investments strats. After enough people rate him , rating is visible.
Hope Genesis does something with this wisdom Wink
full member
Activity: 224
Merit: 100
Become Part of the Mining Family
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.

This reminds me of the rating system of tripadvisor. Sometimes i visit a restaurant that was rated low on tripadvisor, but then I rate it 5 stars. Especially when there are not many raters yet, one stupid review of a customer can really have a bad influence on how the restaurant runs. Even tho rating a product is very popular nowadays,  a bad/not fair rating of a manager could have big implications..
full member
Activity: 798
Merit: 115
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.

It wouldn't probably be bigger of a gamble than you just going to the bank or any mutual fund and giving them money. And managers will also have their own money invested which they would also have to manage. They sure don't wanna get a loss for themselves.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.

And you can see his last track record about how good or bad he is. So you will make your decision on it.

But probably investing a manager at the start would be a gamble. Because he wouldn't have any reputation or track record.
full member
Activity: 588
Merit: 100
How can the investor check the manager's ability?

excellent question i didnt found an answer to that yet. hope DEVS will give an answer


thru the reputation system that the project  will have in place.
full member
Activity: 294
Merit: 100
Quote
• Managers issue their own branded cryptocurrency, which can be freely traded by investors.

What? In which way they will be issue their own cryptocurrency? I dont think, that is good idea... Every manager can make hundreds cryptocurrency, but in fact, this will be wourth nothing...

One cryptocurrency per manager. So there will be a lot of different tokens but I'm sure only the best will remain and gain strong value.

If this will get mainstream we should raise gwei on ethereum transactions. All manager with his token would definitely make ethereum blockchain slower.

Quote
• Managers issue their own branded cryptocurrency, which can be freely traded by investors.

What? In which way they will be issue their own cryptocurrency? I dont think, that is good idea... Every manager can make hundreds cryptocurrency, but in fact, this will be wourth nothing...

investors will invest on good traders. before they invest theyn can check trade history and strategy bio data. this is one first rule all invester doing before investing money.

You read, what i wrote? I asked about their own tokens! May be devs can explaine this?
Manager need to put some funds to make their coin valuable. Its one of the requirement to register as a manager

What purpose should such a coin have? They have some funds to put in but it would be less then the amount of money they will get to trade with.
I don't think that such a coin has any value to the project itself.

Probably to make it sellable again. You bought a part of the portfolio and it made a good profit, you want to sell it. Another person who is interesting with portfolio will buy yours.

Well, the scalabilities issues of the Ethereum blockchain will be corrected in the months to come.
sr. member
Activity: 994
Merit: 278
Nice review about Genenis Vision:

https://www.youtube.com/watch?v=yEj9jWMWn-g

You must check this out.
Done by Ivan on Tech, really like this crypto Youtuber



Not only review but an interview!, i usually don't watch reviews but interviews with devs are always interesting.
full member
Activity: 798
Merit: 115
Nice review about Genenis Vision:

https://www.youtube.com/watch?v=yEj9jWMWn-g

You must check this out.
Done by Ivan on Tech, really like this crypto Youtuber



Great video! Thanks for the link! This project is quite complicated and I think videos like this will contribute a lot to the better understanding. And that's the key to attracting more people including investors to this platform.
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