[ANN][ICO] Genesis Vision - Decentralized platform for the trust management - page 118.

toolucky98

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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."

matjas

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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?

toolucky98

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Activity: 490

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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.

Trrrt

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Yes its a good news on cointelegraph, genesis vision team stop pre order due to the huge amount of demand. That mean so much people will enter in genesis vision, a lot of investors will take a part of the project. Great sucess incoming for genesis vision, it will become a very huge platform.

alphashotgun

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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

Yasemin

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Become Part of the Mining Family

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

Kennedy

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Activity: 434

Merit: 250

Quote from: bigdude on October 08, 2017, 10:34:48 AM

Is there a demo version for Android now?
I really want to take a look before contribute on this project.

i want to ask this question too , before ico start if there have beta version or demo will gain more investor attation ,that's better for ico movement.

Yasemin

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Become Part of the Mining Family

Quote from: Mystic90 on October 06, 2017, 02:58:55 AM

Quote from: tiger5056 on October 05, 2017, 08:27:10 PM

https://blog.genesis.vision/investor-trust-in-the-asset-under-management-aum-market-can-blockchain-help-1d22f9668aea nice article about how blockchain can help

Thnx for the link.

"Another one gets caught. The rise in Forex Ponzi schemes has been remarkable over the last two years. -Finance Magnates, $30 Million Forex Ponzi Scheme unveiled "

Ironically crypto is often accused of being ponzi's

Thanks for the link, very interesting article. There are indeed ponzi schemes tho. What may help is onchainfx.com
I think a project like Genesis is a great addition to the blockchain world

bigdude

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Dolphins Finance TRUSTED FINANCE

Is there a demo version for Android now?
I really want to take a look before contribute on this project.

cantdecide

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Activity: 336

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Quote from: Elkmar on October 08, 2017, 08:49:47 AM

Quote from: FIEX on October 08, 2017, 04:56:26 AM

Quote from: cantdecide on October 08, 2017, 04:07:36 AM

Quote from: sockpuppet1911 on October 08, 2017, 03:51:08 AM

If i have understood correctly, only exchange owners can be brokers and they have to install a software to participate... What's your strategy on attracting these exchanges?

What do you mean with only exchange owners can be brokers? You mean for example the owner of Polo, Bittrex etc?

I looked it up in there Whitepaper and this is what I understand.

So you have the managers on the platform who look for investors. When they found investors they have to go to a broker so he can putt the money on exchanges or do the currency conversion. The broker is the person who owns an exchange:

The broker's connection scheme is as simple as possible: the owner of the trading platform only needs to install the Genesis Vision software, which is free and distributed with an open license. Brokers can also provide potential managers’ access to the Genesis Vision Manager registration function in their
client application - generally a "Become a Genesis Vision Manager" button.

This seems quite complicated. I thought everything would be more automatic. Like the broker don't need to look for investor, investor can look for broker and watch there stats then invest.

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

alphashotgun

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Activity: 154

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Quote from: Elkmar on October 08, 2017, 08:49:47 AM

Quote from: FIEX on October 08, 2017, 04:56:26 AM

Quote from: cantdecide on October 08, 2017, 04:07:36 AM

Quote from: sockpuppet1911 on October 08, 2017, 03:51:08 AM

If i have understood correctly, only exchange owners can be brokers and they have to install a software to participate... What's your strategy on attracting these exchanges?

What do you mean with only exchange owners can be brokers? You mean for example the owner of Polo, Bittrex etc?

I looked it up in there Whitepaper and this is what I understand.

So you have the managers on the platform who look for investors. When they found investors they have to go to a broker so he can putt the money on exchanges or do the currency conversion. The broker is the person who owns an exchange:

The broker's connection scheme is as simple as possible: the owner of the trading platform only needs to install the Genesis Vision software, which is free and distributed with an open license. Brokers can also provide potential managers’ access to the Genesis Vision Manager registration function in their
client application - generally a "Become a Genesis Vision Manager" button.

This seems quite complicated. I thought everything would be more automatic. Like the broker don't need to look for investor, investor can look for broker and watch there stats then invest.

???by looking at that i might have to take a closer look to the whole project

Elkmar

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Quote from: FIEX on October 08, 2017, 04:56:26 AM

Quote from: cantdecide on October 08, 2017, 04:07:36 AM

Quote from: sockpuppet1911 on October 08, 2017, 03:51:08 AM

If i have understood correctly, only exchange owners can be brokers and they have to install a software to participate... What's your strategy on attracting these exchanges?

What do you mean with only exchange owners can be brokers? You mean for example the owner of Polo, Bittrex etc?

I looked it up in there Whitepaper and this is what I understand.

So you have the managers on the platform who look for investors. When they found investors they have to go to a broker so he can putt the money on exchanges or do the currency conversion. The broker is the person who owns an exchange:

The broker's connection scheme is as simple as possible: the owner of the trading platform only needs to install the Genesis Vision software, which is free and distributed with an open license. Brokers can also provide potential managers’ access to the Genesis Vision Manager registration function in their
client application - generally a "Become a Genesis Vision Manager" button.

This seems quite complicated. I thought everything would be more automatic. Like the broker don't need to look for investor, investor can look for broker and watch there stats then invest.

the_donald

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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...

obviously there is a need for a rating system and for managers to sell themselves on their experience.

magisterr

sr. member

Activity: 1372

Merit: 259

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...

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

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

magisterr

sr. member

Activity: 1372

Merit: 259

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

levyashin

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Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: sockpuppet1911 on October 08, 2017, 06:11:11 AM

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.

If they get bigger exchanges involved with the project, i would invest even more to be a manager.

I don't think there is a cap for maximum. But if you want to gather 10.000$ for your tokens, you should put 10.000$ of your own.

viljy

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Activity: 1736

Merit: 857

Quote from: ParRus on October 07, 2017, 05:23:53 PM

found another one cognitive Genesis Vision review, will be interesting for those who don't particularly like to read

https://www.youtube.com/watch?v=WRCC6PTFBUE

Well, I'm about so-so and imagine how the video is shown. But still the video is quite useful to watch. As they say: it is better to see once than to hear seven times.

sidik7

sr. member

Activity: 1456

Merit: 261

so far GenesisVision have more strategi for ico ,i think GenesisVision can to be to succes for Ico
hope sofcap and hardcap can to be raise,
stay tune for be patient update the crowdsale open in 15 october 2017

sockpuppet1911

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Activity: 994

Merit: 278

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.

If they get bigger exchanges involved with the project, i would invest even more to be a manager.

Topic: [ANN][ICO] Genesis Vision - Decentralized platform for the trust management - page 118. (Read 79763 times)