[ANN][ICO] Genesis Vision - Decentralized platform for the trust management - page 117.

cantdecide

full member

Activity: 336

Merit: 112

Quote from: Rigorous on October 08, 2017, 01:58:28 PM

Quote from: FIEX on October 08, 2017, 12:55:04 PM

Quote from: cantdecide on October 08, 2017, 10:12:17 AM

Well, so the owner of a trading platform (i.e. bittrex, polo, etc.) are the broker who have install the software and will trade? That makes no sense to me Huh

This is something for the devs to explain.
They are very active on this thread so I'm sure they will see it and reply in a day. Then we know more about how everything will work. Very curious about this.

First, I don't think Genesis Vision only targets crypto exchanges.

Second, it looks indeed like Genesis Vision want to offer a decentralized alternative to what their partner (competitor?) Tools For Brokers sells.

I hope you are right, because otherwise the possible customers for the broker are not so many. How does it work in regular stock exchange? There are brokers too, right?

Trrrt

full member

Activity: 448

Merit: 107

Yes i think that genesis vision will be one of the ico how will sold out very fast. Just look the pre registration was stoped due to the huge demand. The concept is great and a lot of people wait to enter in the project. Genesis vision will raise a lot and the project will go far.

ParRus

full member

Activity: 490

Merit: 104

found great Genesis Vision review with Ian Balina :

https://www.youtube.com/watch?v=4l_CR8TGEBw

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: Rigorous on October 08, 2017, 05:00:10 PM

Quote from: ParRus on October 08, 2017, 04:55:32 PM

Quote from: Heimer on October 08, 2017, 04:05:24 PM

Quote from: the_donald on October 08, 2017, 01:56:02 PM

Quote from: Yasemin on October 08, 2017, 11:02:21 AM

Great news on cointelegraph ''It took Genesis Vision two weeks to get the target amount of $2.3 mln orders for ICO option campaign. The Pre-Order was scheduled to end on October, 15th. However, the demand was so huge that the Genesis Vision team had to make a decision to stop the campaign much earlier.''
I knew this project will succeed

yep it certainly seems that way. I'm always happy to see good projects succeed. also makes my wallet increase in value Wink

Heh, every motivation is good. I'm currently waiting for the moment when Genesis will start operating so I can find some good trader here Wink

I agree, everyone should do their work - what he does best - football player to play football, hairdresser - to do haircuts,
and will be better trust trading on the exchanges for experienced trader

As long as we can see what they are doing! And with Genesis Vision that will hopefully be the case.

The best tactics is to hire someone who has better skills than you. You don't need to be universal like a Swiss Army Knife Grin

Rigorous

full member

Activity: 574

Merit: 115

Quote from: ParRus on October 08, 2017, 04:55:32 PM

Quote from: Heimer on October 08, 2017, 04:05:24 PM

Quote from: the_donald on October 08, 2017, 01:56:02 PM

Quote from: Yasemin on October 08, 2017, 11:02:21 AM

Great news on cointelegraph ''It took Genesis Vision two weeks to get the target amount of $2.3 mln orders for ICO option campaign. The Pre-Order was scheduled to end on October, 15th. However, the demand was so huge that the Genesis Vision team had to make a decision to stop the campaign much earlier.''
I knew this project will succeed

yep it certainly seems that way. I'm always happy to see good projects succeed. also makes my wallet increase in value Wink

Heh, every motivation is good. I'm currently waiting for the moment when Genesis will start operating so I can find some good trader here Wink

I agree, everyone should do their work - what he does best - football player to play football, hairdresser - to do haircuts,
and will be better trust trading on the exchanges for experienced trader

As long as we can see what they are doing! And with Genesis Vision that will hopefully be the case.

ParRus

full member

Activity: 490

Merit: 104

Quote from: Heimer on October 08, 2017, 04:05:24 PM

Quote from: the_donald on October 08, 2017, 01:56:02 PM

Quote from: Yasemin on October 08, 2017, 11:02:21 AM

Great news on cointelegraph ''It took Genesis Vision two weeks to get the target amount of $2.3 mln orders for ICO option campaign. The Pre-Order was scheduled to end on October, 15th. However, the demand was so huge that the Genesis Vision team had to make a decision to stop the campaign much earlier.''
I knew this project will succeed

yep it certainly seems that way. I'm always happy to see good projects succeed. also makes my wallet increase in value Wink

Heh, every motivation is good. I'm currently waiting for the moment when Genesis will start operating so I can find some good trader here Wink

I agree, everyone should do their work - what he does best - football player to play football, hairdresser - to do haircuts,
and will be better trust trading on the exchanges for experienced trader

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: matjas on October 08, 2017, 03:19:59 PM

Quote from: the_donald on October 08, 2017, 01:56:02 PM

Quote from: Yasemin on October 08, 2017, 11:02:21 AM

Great news on cointelegraph ''It took Genesis Vision two weeks to get the target amount of $2.3 mln orders for ICO option campaign. The Pre-Order was scheduled to end on October, 15th. However, the demand was so huge that the Genesis Vision team had to make a decision to stop the campaign much earlier.''
I knew this project will succeed

yep it certainly seems that way. I'm always happy to see good projects succeed. also makes my wallet increase in value Wink

Crypto economy is slowly recovering that means that people has some spare money to spend on ICOs and Genesis Vision is one of the most potential ones right now so i am sure they will raise a lot of money.

Its a difficult market right now.
Not so many ICO raise a lot of money, I saw one today that sold out really fast and I really hope this will also be the case for Genesis Vision.

Great idea and great team.
All the best to this project

niklasmato

sr. member

Activity: 616

Merit: 263

Quote from: sockpuppet1911 on October 08, 2017, 03:36:17 PM

Quote from: Rigorous on October 08, 2017, 01:58:28 PM

Quote from: FIEX on October 08, 2017, 12:55:04 PM

Quote from: cantdecide on October 08, 2017, 10:12:17 AM

Well, so the owner of a trading platform (i.e. bittrex, polo, etc.) are the broker who have install the software and will trade? That makes no sense to me Huh

This is something for the devs to explain.
They are very active on this thread so I'm sure they will see it and reply in a day. Then we know more about how everything will work. Very curious about this.

First, I don't think Genesis Vision only targets crypto exchanges.

Second, it looks indeed like Genesis Vision want to offer a decentralized alternative to what their partner (competitor?) Tools For Brokers sells.

What exchanges are you thinking then? Fiat/forex exchanges are highly regulated and i have a hard time to believe that they will install any third party softwares inside their system.

Hmm I don't think the owners will have to install software on their platforms? I do see Geneis Vision a bit different. I think the brokers and traders will have access to the software and this software will probably speak with an API of the exchanges. Just like API's are available for almost every crypto exchange.
I. could be wrong but that's how I see it.

Rigorous

full member

Activity: 574

Merit: 115

Quote from: sockpuppet1911 on October 08, 2017, 03:36:17 PM

Quote from: Rigorous on October 08, 2017, 01:58:28 PM

Quote from: FIEX on October 08, 2017, 12:55:04 PM

Quote from: cantdecide on October 08, 2017, 10:12:17 AM

Well, so the owner of a trading platform (i.e. bittrex, polo, etc.) are the broker who have install the software and will trade? That makes no sense to me Huh

This is something for the devs to explain.
They are very active on this thread so I'm sure they will see it and reply in a day. Then we know more about how everything will work. Very curious about this.

First, I don't think Genesis Vision only targets crypto exchanges.

Second, it looks indeed like Genesis Vision want to offer a decentralized alternative to what their partner (competitor?) Tools For Brokers sells.

What exchanges are you thinking then? Fiat/forex exchanges are highly regulated and i have a hard time to believe that they will install any third party softwares inside their system.

I suppose eventually they target all exchanges. On page 23 of the whitepaper they say they want to simplify the exchange process between fiat and crypto for forex brokers.

Brokers are currently working with several currencies, and many of them are starting to also support cryptocurrencies:

https://www.allfxbrokers.com/brokers/deposit-options/bitcoin
https://www.100forexbrokers.com/bitcoin-brokers

In this way, brokers are able to cope with this problem on their own. However, in order to simplify this process for them and to increase the number of potential customers, Genesis Vision will offer brokers the following solutions:

- The opportunity to quickly exchange cryptocurrencies for fiat (as well as the reverse). For this purpose, we will have exchange partners and exchangers

- A solution providing the service of supporting GVT as currency of trading account. This will help to avoid converting.

- A solution to help in risk management for brokers.

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: the_donald on October 08, 2017, 01:56:02 PM

Quote from: Yasemin on October 08, 2017, 11:02:21 AM

Great news on cointelegraph ''It took Genesis Vision two weeks to get the target amount of $2.3 mln orders for ICO option campaign. The Pre-Order was scheduled to end on October, 15th. However, the demand was so huge that the Genesis Vision team had to make a decision to stop the campaign much earlier.''
I knew this project will succeed

yep it certainly seems that way. I'm always happy to see good projects succeed. also makes my wallet increase in value Wink

Heh, every motivation is good. I'm currently waiting for the moment when Genesis will start operating so I can find some good trader here Wink

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: Rigorous on October 08, 2017, 01:58:28 PM

Quote from: FIEX on October 08, 2017, 12:55:04 PM

Quote from: cantdecide on October 08, 2017, 10:12:17 AM

Well, so the owner of a trading platform (i.e. bittrex, polo, etc.) are the broker who have install the software and will trade? That makes no sense to me Huh

This is something for the devs to explain.
They are very active on this thread so I'm sure they will see it and reply in a day. Then we know more about how everything will work. Very curious about this.

First, I don't think Genesis Vision only targets crypto exchanges.

Second, it looks indeed like Genesis Vision want to offer a decentralized alternative to what their partner (competitor?) Tools For Brokers sells.

What exchanges are you thinking then? Fiat/forex exchanges are highly regulated and i have a hard time to believe that they will install any third party softwares inside their system.

matjas

full member

Activity: 798

Merit: 115

Quote from: the_donald on October 08, 2017, 01:56:02 PM

Quote from: Yasemin on October 08, 2017, 11:02:21 AM

Great news on cointelegraph ''It took Genesis Vision two weeks to get the target amount of $2.3 mln orders for ICO option campaign. The Pre-Order was scheduled to end on October, 15th. However, the demand was so huge that the Genesis Vision team had to make a decision to stop the campaign much earlier.''
I knew this project will succeed

yep it certainly seems that way. I'm always happy to see good projects succeed. also makes my wallet increase in value Wink

Crypto economy is slowly recovering that means that people has some spare money to spend on ICOs and Genesis Vision is one of the most potential ones right now so i am sure they will raise a lot of money.

Elkmar

full member

Activity: 294

Merit: 100

Quote from: Heimer on October 08, 2017, 12:50:04 PM

Quote from: levyashin on October 08, 2017, 05:32:20 AM

Quote from: matjas on October 08, 2017, 04:12:52 AM

Quote from: imtiazmahmood on October 08, 2017, 12:08:33 AM

is there genesis vision project hire top traders or will hire in future and how much fees for trade genesis or manager will charge and trader connect fund with system?

As far as i understand they wont be hiring anyone. Any user can be a manager as long as he invests some money and is able to convince investors to trust him with their money by providing a successful trading history with profitable investments.

I understand same. Anyone wants to risk at least his 1.000$ can be a manager. And if they make a good trade profits, investors would jump to his boat.

1000$ isn't that much for a professional investor. Banks charge them more so this 1k bucks is like a steal for potential trader

Yes, 1000£ is really low. We will see a lot of managers quite quickly with such a low minimum engagement.

Rigorous

full member

Activity: 574

Merit: 115

Quote from: FIEX on October 08, 2017, 12:55:04 PM

Quote from: cantdecide on October 08, 2017, 10:12:17 AM

Well, so the owner of a trading platform (i.e. bittrex, polo, etc.) are the broker who have install the software and will trade? That makes no sense to me Huh

This is something for the devs to explain.
They are very active on this thread so I'm sure they will see it and reply in a day. Then we know more about how everything will work. Very curious about this.

First, I don't think Genesis Vision only targets crypto exchanges.

Second, it looks indeed like Genesis Vision want to offer a decentralized alternative to what their partner (competitor?) Tools For Brokers sells.

the_donald

full member

Activity: 588

Merit: 100

Quote from: Yasemin on October 08, 2017, 11:02:21 AM

Great news on cointelegraph ''It took Genesis Vision two weeks to get the target amount of $2.3 mln orders for ICO option campaign. The Pre-Order was scheduled to end on October, 15th. However, the demand was so huge that the Genesis Vision team had to make a decision to stop the campaign much earlier.''
I knew this project will succeed

yep it certainly seems that way. I'm always happy to see good projects succeed. also makes my wallet increase in value Wink

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: cantdecide on October 08, 2017, 10:12:17 AM

Well, so the owner of a trading platform (i.e. bittrex, polo, etc.) are the broker who have install the software and will trade? That makes no sense to me Huh

This is something for the devs to explain.
They are very active on this thread so I'm sure they will see it and reply in a day. Then we know more about how everything will work. Very curious about this.

lvsca

sr. member

Activity: 1792

Merit: 293

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Quote from: toolucky98 on October 08, 2017, 12:30:14 PM

Quote from: matjas on October 08, 2017, 12:17:35 PM

Quote from: magisterr on October 08, 2017, 08:06:01 AM

Quote from: kraterion on October 08, 2017, 07:54:46 AM

Quote from: magisterr on October 08, 2017, 07:33:17 AM

If manager lost investors money? than investors also lost? And also, what will be with this manager? He will got negative rating?

If that manager lose all his money you're going to lose your invested money and genesis vision can do nothing about that. The only thing you can do afterwards is to deprecate that manager so that other people will not invest in him

But he also lost him trust and rating? Right?
So, we must сhoose only trusted managers...

It will all go to his trading history and everyone will be able to see, that he lost that much money which would mean that nobody will be probably willing to invest in him anymore. I am just wondering if that manager can easily make a new account and start over?

It wont be that easy.
"Under simple conditions (having a minimum amount of one’s own funds in a trading account), the trader becomes the manager on the Genesis Vision platform. From that moment, all managers’ trades will be automatically veriﬁed, uploaded, and recorded in a smart contract, building a trustworthy trading history and statistics."

manager must has good track record, and genesis vision will make it by it program.
so, when manager ever to loss in trading once and profit for long time, genesis vision will show all data.
for chose manager, its all about our choice. manager who ever loss one time in 6 months or manager always profit in 2 months?

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: levyashin on October 08, 2017, 05:32:20 AM

Quote from: matjas on October 08, 2017, 04:12:52 AM

Quote from: imtiazmahmood on October 08, 2017, 12:08:33 AM

is there genesis vision project hire top traders or will hire in future and how much fees for trade genesis or manager will charge and trader connect fund with system?

As far as i understand they wont be hiring anyone. Any user can be a manager as long as he invests some money and is able to convince investors to trust him with their money by providing a successful trading history with profitable investments.

I understand same. Anyone wants to risk at least his 1.000$ can be a manager. And if they make a good trade profits, investors would jump to his boat.

1000$ isn't that much for a professional investor. Banks charge them more so this 1k bucks is like a steal for potential trader

ParRus

full member

Activity: 490

Merit: 104

Quote from: Cauchy on October 08, 2017, 12:39:33 PM

Quote from: toolucky98 on October 08, 2017, 12:09:41 PM

Quote from: alphashotgun on October 08, 2017, 11:30:44 AM

Quote from: magisterr on October 08, 2017, 07:33:17 AM

If manager lost investors money? than investors also lost? And also, what will be with this manager? He will got negative rating?

are you talking of a bounty manager? in that case it sounds pretty much like you are dealing with a trickster. in my point of view he a thief if it is like that. he/she has to geht a negative rating so that the comminity wont fall into that trap

No, not bounty manager.
I think investors will also lost, but indirectly. Investors bought the manager's coins and the coins price will drop if the manager loses.

I Think you can see it like you invest in a fund. You will benefit from it in case fundmanagers strategy and portfolio works out, contratry you will loose funds if performance is bad. Usualy one selects funds based on ratings and/or related fees. As I see it this (very simplified) is similar to what is offerd by genesis.

I think that for the project not profitable that there was a loss of money, because the most important thing is to have a reputation. and I believe they will do everything to protect their investors as much as possible

Cauchy

full member

Activity: 364

Merit: 100

Quote from: toolucky98 on October 08, 2017, 12:09:41 PM

Quote from: alphashotgun on October 08, 2017, 11:30:44 AM

Quote from: magisterr on October 08, 2017, 07:33:17 AM

If manager lost investors money? than investors also lost? And also, what will be with this manager? He will got negative rating?

are you talking of a bounty manager? in that case it sounds pretty much like you are dealing with a trickster. in my point of view he a thief if it is like that. he/she has to geht a negative rating so that the comminity wont fall into that trap

No, not bounty manager.
I think investors will also lost, but indirectly. Investors bought the manager's coins and the coins price will drop if the manager loses.

I Think you can see it like you invest in a fund. You will benefit from it in case fundmanagers strategy and portfolio works out, contratry you will loose funds if performance is bad. Usualy one selects funds based on ratings and/or related fees. As I see it this (very simplified) is similar to what is offerd by genesis.

Topic: [ANN][ICO] Genesis Vision - Decentralized platform for the trust management - page 117. (Read 79763 times)