Topic: [ANN][ICO] Genesis Vision - Decentralized platform for the trust management - page 135. (Read 79763 times)

Very nice project! I'm glad that I found this in pile of other ICO announcements. Definitely I will be observing this one 

3.1 The manager’s trading account is blocked from depositing and withdrawing funds

Ok so he can't exit whenever he wants. This means that managers' smart contract are managed only by Genesis ? After reporting period profits will be transfered to managers' tokens holders automaticly?

Agree, it will be a bit complicated if we have many whitepapers so we have to double check them one by one.

Hi! Our platform will allow people to manage all investments types. We will develop the project for all markets including stock markets, cryptocurrency markets, futures markets, and so forth.

Unfortunately, we don't have any working prototype. Alpha version will be released at the first quarter of 2018. Currently, we have a working solution, but it is not decentralised. Let me explain the situation with current solution: It is not a prototype, but already built solution, which already sold to more than 80 companies in the world. Unfortunately, this solution is not open-source, so we could not provide you with the code.

Hi! In a nutshell, Genesis Vision is the world’s first blockchain based decentralized private trust management platform! Unlike other blockchain projects connected with trust management, we don’t limit our target audience with the crypto world only. Our first goal is to bring the transparency and stability to the traditional financial markets such as forex, stock markets, hedge funds and so forth.
Our team has a great experience in developing financial software, and traditional trust money management systems mixed with deep blockchain knowledge. We want to bring indispensable blockchain technology advantages to the long existing industry, which is currently suffering from fakers, unfair money managers, hidden processes and strong regulations. These factors cause limitedness due to the lack of information, the lack of transparency and consequently the lack of trust. And the Genesis Vision is a unique solution to these problems.

Hi! Through brokers, traders have access to trading financial instruments on exchange and over-the-counter markets. Our cooperation with financial brokers was chosen as the starting point of the project. 
At present, brokers have the technical ability to influence the data on the trade history and statistics of their managers. Implementation of blockchain will allow to achieve transparency and efficiency on the technological level.


Coindash it is social trading with ICO tokens.It has its own assets management Fund. Our platform allows to work with any set of financial instruments
We unite already operating brokers and money managers from Forex, Stock markets, hedge Funds, crypto asset managers and so forth. We don’t change the way of trading for our managers; we don’t control their strategies. We only unite all of them in a single decentralized network and make the process of investment and profit distribution transparent and stable.

Thank you for this clear video. It does make a lot more sense after watching the video.
I recommend everyone interested in the project to have a look.

Was wondering this too, brokers activities are recorded on blockchain, ok, but what if a broker decide to quit operations and scam investors? It's like hella easy to withdraw all investors' money, a couple of transfers here, a couple anon coins there and moneys are disappeared. Now I'll read the whitepaper maybe I'll find my answer there

How will a manager prove his trading history when this platform will just launch and how long history are we talking about here. I will follow this thread to get better understanding of your idea.

It's a long video which explains everything very good. I suggest everybody who thinks about investing to watch this video.

I personally think the trust system itself is flawed as you may never now when a user decides to perform an exit.
He might have very good feedbacks but could exit at the end... Or the trust can be easily faked... Why would we need a decentralized trust system?

Thanks for this , it makes some things clearer regarding this ICO.

Well just started looking at this coin. I must say the video is really looking Nice.
I don't fully grasp what the system will do, but I see integrations planned in 2018 with several market leader platforms.

If someone trader lost my money, than I lost also all my money? Or ill have some funds insure?  
How many % Ill receive from their pfrofit?

Speaking of which, if there is one tip I can give startups concerning whitepapers it would be:

Do not give your whitepaper a generic name like "white-paper-eng.pdf".

I have downloaded a ton of whitepapers by now. I have taught myself the habit to rename them properly. Most people will not. And they will not be able to find your whitepaper a few hours later after downloading, let alone after several days. They will have a download list or PDF reader's recent files list filled with "whitepaper.pdf", "whitepaper(1).pdf", "whitepaper(2).pdf".

You may be losing a potential investor that way.

Here are some ideas:

"Genesis Vision White Paper.pdf"
"GenesisVision-Whitepaper.pdf"
"WhitePaper_ GenesisVision.pdf"

Yeah bro, dig deeper and you will discover the wonder of this project an exciting platform worth investing in.

I like this Project. I bought a stake in the presale. Also enjoyed the approach of buying an option for use in the main sale. Nice addition to token sale mechanics from fiat World. Best of luck to the Project.

Seems like an interesting way to partner up would be investors with those looking for funds. When I have some more free time I'll dig into the whitepaper.

From what I have read, this is a closed system, inside of which coins managers. And what will it be like - conventional individual signs, and all different? That is, they will not be tokens of the ether. And how to control their number is unclear.

Also in chapter 6.3 Managers' Coins you write:

"The investor can withdraw the invested money, but only at the end of the reporting period."

and ibid:

"Instead, the user buys "tangible" coins that are displayed in his or her personal cabinet and can be cashed at any time."

I understand that we mean the withdrawal from the system of fiat money in both cases, well, or btc, eth. So explain why there is a contradiction? How can an investor dispose of his funds with respect to withdrawals from your system?

But same concept want to make Dash coin. So you will have competitor already? Or your platform more expanded?

this sounds like a great improvement, adding transparency to well know and successfull ideas like etoro. 

https://www.youtube.com/watch?v=0rUTSbsZtHM&feature=youtu.be nice review for better trust management