Genesis Vision building the future of asset management with blockchainNovember 26, 2018
Lack of trust is one of the main problems the traditional asset management system is currently facing. Investors have practically no control over where their funds go, and often no guarantee that they will receive profit or even get the initial deposit back. Сonfronted with lack of transparency and inefficiency of the system, fewer holders of new capital are willing to enter the market.
Genesis Vision, the first blockchain-based platform for private trust management, was designed as a modern, efficient system with transparency at its core. The idea of the project appeared during one of Hackathons in 2017. Since then, it went all the way through a successful ICO to the recent launch of GV Funds.
Genesis Vision unites exchanges, brokers, traders, and investors into an open and honest network for mutual benefit, handing power and control back to the investors. The platform offers:
- an opportunity to trade in different markets
- a large selection of available assets
- handy tools to determine risks and pick the optimal strategy
- full transparency of the market activity
- easy market entrance for non-accredited investors
Genesis Vision helps novice investors manage their assets effectively while giving more seasoned ones many convenient tools and ways to diversify their portfolio. GV investors choose skilled asset managers to trade for them on the servers of partner brokers. Before making a choice, they can double-check the integrity of managers and see the full list of programs created by them, as well as their trading history.
Much has been said on the importance of portfolio diversification. In a diverse portfolio, the capital is spread amongst many assets, thus minimizing the overall risks. Genesis Vision managers trade both conventional and crypto assets, including but not limited to cryptocurrencies, fiat instruments, oil, securities, metals and many more. As for the available currencies, at the moment the platform works with GVT, BTC and ETH.
The transparency is achieved by using distributed ledger technology. Every action and transaction is stored forever in the blockchain, which makes the system fraud-proof and secure.
Genesis Vision for investors and managers
Genesis Vision users access to the platform via the web interface; there is also an investor mobile app for Android and IOS. The platform has two modules – for the managers and for the investors.
Genesis Vision gives managers an opportunity to monetize their skills without additional marketing: the professionals are ranked by performance, so their skills speak for themselves. With many tools at hand, they create investment programs and GV funds to help investors gain profit and truly diversify their portfolio.
GV investors choose the manager who best fits their aims. Genesis Vision offers a plethora of tools to measure risks and make the optimal investment choice. For example, Sharpe ratio shows how much excess return you receive for holding a riskier asset. Sortino ratio – if smart investments or excessive risks are the reason behind the manager’s success. And Calmar ratio measures the performance of an investment program in relation to its risk.
To use the features offered by the platform, users need GVT tokens. GVT is the universal currency both for investments and profit distribution. At the time of this writing, 1 GVT trades at 7.12 USD.
The minimum deposit is 1 GVT. Entering the system is easy: both investors and managers can try out trading on the platform right upon registration. However, to start attracting or investing considerable sums both will have to undergo a KYC procedure.
Investment programs and GV funds
Genesis Vision offers two forms of investment: investment programs and GV funds. Starting an investing program, the manager chooses the currency and the length of the reporting period. Upon the investment request, GVT tokens are withdrawn from the investor’s balance and converted into the program’s currency. At the end of the reporting period, all the trades are automatically closed and the profit is converted back into GVT.
The investors cannot deposit or withdraw funds during the reporting period. If the reinvestment trigger is on, the profit gets automatically reinvested in the same program. GV investment programs have an entry fee and a success fee [charged from the profit], also set by the manager.
GV funds are portfolios of different assets assembled by a GV manager. The manager chooses the assets and decides on the total weight of each of them. The deposits and withdrawals are not attached to the reporting periods: the investor can step in or out a fund at any point. At the moment only crypto assets are available, the rest will be added later. There are also two fees – an entry fee and the exit fee.
Though Genesis Vision profits from platform commission [0.5% from every investment] only, the team decided not to charge it until January 2019. It will give them some time to test the platform and ensure that it provides the best experience to its customers.
In the nearest future, Genesis Vision plans to further improve and develop the platform, add new features and form new partnerships.
For more information about the project, please see the official website.
Source: Read Full Article