There is one question that I would like to clarify: If a manager makes a security deposit of $1000 and issues his manager coins that sells investors for $1000 (in an equivalent), then what is the benefit to him at all? Why should he trade for investors' profits, if he can trade himself for his $1000 value? So, the manager will release his coins and sell them for a large amount, for example, for $10000. Then why should he trade, if he can just take this amount himself?
A manager can't just decide what the value of his coins will be, coins have to be worth something in order to be sold. He puts in $1000 as a sort of security deposit and you're right, coins are issued for this amount, but the value of his coins will depend on his performance. If the performance is low, these coins can't be worth $10 000.
Managers trade for commission, they get management fee and fee from profits, that's the point. The better you perform, the higher commissions you get.
If I am a manager, I give my $1000, I get a profit (on my own money) and give all my profits to investors, and get a small percentage for my work. Why do I need investors, if I have this $1000 and all the profits I can take myself? Here everything is not clear, I do not see why I should be a manager. The only answer is that the manager attracts a lot more money from investors for his $1000, which means that he sells his coins for a sum that exceeds his $1000
You need investors, because there is a clear difference in what you can earn having just $1000 or $10 000 or even $100 000. Go to any bank and check interest rates for $1000 or for $10 000 and see the difference. Or else, following your logic, why would we have trust funds or mutual funds at all?
It you have just $1000 and you only manage your own money, then you retain all the profits by yourself, but if you also have investors, you divide profits proportionally, giving a chuck of money to yourself, you don't give it all away.
A manager does not attract investors because he has $1000, he attracts investors because of his abilities to make higher profits for each $1000 invested. The better he is at that, the higher his coin is worth, you're right here.
