Genesis Vision is a platform for personal confidence management market, built on blockchain technology and smart contracts. Genesis Vision brings together exchanges, brokers, merchants, and investors to a decentralized, open and fair network, making financial markets even more global. This will enable successful traders to quickly create their market strategy, by attracting investment from around the world. The underlying smart contracting technology platform will provide automated and completely transparent systems for investment and profit distribution.
The Genesis Vision platform is a solution to crucial industrial problems, such as limitations due to lack of information, lack of transparency and, consequently, lack of trust.
Fund raising and use of GVT (Genesis Vision Token) will help to finance product development, marketing and advertising for platform development. GVT is the internal currency of the Genesis Vision platform and will be used for all investment operations and profit distribution.
In the Genesis Vision network, each manager has his own token. Large or small amount depends on the trading statistics they managed to do. Fund transfer process to the manager is done by buying token to the manager at the token sales exchange in Genesis Vision platform.
GENESIS VISION SOLUTION SCHEME
Inestors can sell and buy coins on one Genesis Vision platform. This coin can only be purchased at ICIS (initial coin offering) Genesis Vision at a specified price. Only then can the investors and other investors freely sell or buy coins with their own set of hares.
To be able to connect to the Genesis Vision network, brokers must install plug-ins that are integrated with the trading platform. This plug-in will connect the blockchain with the Broker trading platform.
Manager
Management fund / trader is a company / individual with proven trading history, ready to get investor money for management. Profits, received as a result of total fund management, are shared proportionally between managers and investors. Managers receive commissions for management and commissions from profit (success fee)
Investors
Investors do not trade directly in the market. Instead, investors transfer their funds to experienced traders who manage funds for them. Investors get their shares from their share manager's share
Broker
Brokers are companies that have license rights to conduct intermediary activities. Through brokers, traders have access to financial instruments traded in the over and over-the-counter market
Market Operation Scheme
Market size
The market of trust management is growing rapidly every year. According to Boston Consulting Group Global Asset Management 2016, the amount of funding in management is over $ 70 trillion.
Quantitative data on client assets that are actively traded and managed in global Forex and CFD markets:
Description The problem
Despite steady industry growth, existing trust management mechanisms do not meet the requirements of modern investors and managers.
Managers, and consequently their investors, are tied to their brokers. Simultaneously, no reliable source of information or statistics is consolidated. This prevents investors from selecting and limiting their managers choice to attract new funds.
The lack of transparency exacerbates the situation. Brokers have the technical ability to influence their trade history data and their manager statistics. Potential investors do not have the ability to distinguish real trading histories from false ones, and the existing manager charts of "drawn" profits. Investment mechanisms, profit sharing and hidden commissions in the realization of trading platforms and are not open to market participants.
A large number of fraudulent acts in the trust management market were detected in recent years [1]. Many Ponzi schemes are made under the guise of currencies, stocks and other asset trades. Fraudsters use the fact that technological solutions for trust management by default are very complicated and not transparent to the user. As a result, customers lose their money overnight, and investor confidence in the overall market will drop.
continue to operate without license and deceive their clients.
All of these factors lead to serious limitations of market participants, lack of utility, and lack of trust.
Apart from the visibility of existing problems in the industry, over the past 10 years, the mechanism of interaction between market participants has not changed significantly. This indicates the need to introduce new technologies that will change the current situation.
We believe that one such technology could be a blockchain. Implementation of blockchain will enable market management confidence to achieve transparency and efficiency at the technological level. This will help to regain confidence in the market. In addition, it will attract the attention of new companies and new-generation digital investors
Our solution
Genesis Vision is a decentralized trust management platform built on blockchain technology and smart contracts. Blockchain technology provides inseparable advantages, such as openness, permanence, and censorship of all stored information, while smart contracts, which will invest and profit distribution, make this process completely transparent and open.
From the manager's side, the trading process will not change. Merchants will continue to operate in return or through a comfortable broker. Genesis Vision, in turn, is a reliable open source public information about statistics and statistics systems of completely transparent network activity and profit distribution, built on intelligent contracts.
If you are interested in investing in this project, you can see the links I made below:
My Bitcointalk : aizkicaumania
