Genesis Vision Token


Overview of Genesis Vision Token

  • Genesis Vision token is expected to be blockchain agnostic, with a similar use to Ether, as the fuel for transactions between asset managers and investors.
  • Genesis Vision Token will be listed on hitbtc and the number of other crypto exchanges, maximizing GVT liquidity.
  • Blockchain

    Each manager will have their own unique cryptocurrency which can be purchased using GVT.Once users have reached the end of their obligation with the manager for a given amount of funds, the invested funds will be redistributed to the investor at the amount they have gained, measured against the USD, not against the GVT.

    What coins are similar to Genesis Vision?

    The following coins use Genesis Vision’s ETH Token algorithm and proof-type: Chainlink, THETA, Binance USD, DREP, DREP [old], PancakeSwap, Aave, Maker, FTX Token, Huobi Token, Coin, Dai, Polygon, Chiliz and Holo.

    Could you let us know why you came up with the idea of Genesis Vision? Were there any problems with traditional trust management that you personally experienced in the past that you wanted to solve with GV?

    I told a little about it in the beginning.Managers, and consequently their investors, are tied to their brokers/exchanges.Simultaneously, there is no consolidated reliable source of information or statistics.This deprives investors of flexibility in their choices and limits the manager’s ability to attract new funds.The lack of transparency further exacerbates the situation.

    How to buy Genesis Vision on SimpleSwap?

    In general, the GVT token looks quite promising.

    Could you explain what are you trying to solve with Genesis Vision? What exactly are the pain points that you’ve discovered about your target audience you’re trying to solve?

    Our main goal is to solve issues of transparency and stability which we could face in current similar centralized solutions.Most of the problems are based on fact, that many unfair brokers\money managers are faking their results.Just read the last article about this: https://financefeeds.

    Could you explain more about the Genesis Vision fund? Do you mean that Genesis Vision will invest in managers who have a good trading history?

    Yep, tokens from this fund will be regularly invested in successful platform managers.We plan to keep the fund operating regardless of the profit it generates, constantly stimulating Genesis Vision managers’ activity.

    #5 What makes GVT different from other cryptocurrencies?

    When it comes to investments in cryptocurrencies, GVT stands apart from others.

    What is the Reddit page for Genesis Vision?

    The official Reddit community (subreddit) for Genesis Vision is r/genesisvision.

    How does Genesis Vision work?

    Like we pointed out before, Genesis Vision looks to tackle the issues with lack of information, transparency, and trust in the world of cryptocurrency.The industry is currently growing steadily but the lack of quality trust management mechanisms is a glaring problem.Both managers and investors struggle, as invested funds are tied with their exchanges/brokers.The issue is further complicated by the fact that reliable sources of statistics and information are difficult to identify and are usually located in various locations.This leads to a lack of transparency; as brokers possess the skills to fabricate the statistical data and trade histories of managers, and investors have no way to see what of this information and history is real.Market participants are completely removed from having access to the details of the entire process of investing, earning profits and distributing commissions.

    How Many GVT Tokens Are There?

    There are 4,436,643 GVT tokens in total.3,327,482 GVT were sold during the token sale.A further 11 percent of the total tokens, equal to 488,030, was reserved for the team and was frozen for a year.Another 5 percent, or 221,832 GVT, is reserved for the Genesis Vision Fund.Those tokens will no longer be frozen following the platform release, at which point they will be used to attract managers and stimulate their activities.There were also 33,274 GVT distributed as part of the Bounty Program, although Genesis Vision says that did not affect the price.Unsold tokens were burnt.

    How Will Managers Tokens Work?

    On the Genesis Vision platform each manager will have their own unique cryptocurency, and the amount issued will be dependent on their own trading success.This means managers who are more successful will get more tokens, and they will be able to attract more capital to invest.

    What is Genesis Vision Token (GVT) Used For?

    GVT is the native token of the Genesis Vision platform.This means that users of the token receive various discounts on fees when they use the token on the platform.

    How do I buy Genesis Vision?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Genesis Vision.

    What Is Genesis Vision's Price Today?

    Genesis Vision (GVT) is trading at $11.52 USD, increasing by 9.5% since yesterday.Genesis Vision has traded $3,177,319 USD in the last 24 hours.

    How Does Genesis Vision Resolve These Problems?

    Between decentralization, smart contracts, and blockchain technology, Genesis Vision has multiple pieces of technology in play to help resolve the issues mentioned above.The blockchain tech delivers openness, censorship resistance, and immutability of information.The smart contracts further ensure openness and transparency.

    What Is GVT?

    GVT is the token for the Genesis Vision platform and will be a core part of the ecosystem for the platform.It will be part of all investment operations and profit distributions.Due to the limited number of tokens and the lack of future issuance, GVT’s price will be based on its demand.During the ICO, each GVT was valued at $1 USD.GVT will also be used for the trading managers’ tokens within the platform’s internal exchange.

    How Do the Individual Crypto Tokens Work?

    Every manager has a unique cryptocurrency with the issue amount depending on the success indicators of trading.This way, when you make better trades, you can attract more investments.There is an internal exchange where investors can exchange their crypto tokens at any point they want, including between reports from the manager.This lets investors build and follow their own strategies for investment.

    Who is your competition and what sets you apart from them?

    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.

    What Investment Strategies Are Available?

    Genesis Vision appeals to investors with all levels of experience since it lets you create your own investment strategy if you want.If you choose, just visit the internal exchange and buy the crypto tokens associated with the manager of your choice.If you prefer, you can explore the Genesis Vision investment portfolios generated by artificial intelligence, which include a vast array of options.

    How Do the Individual Cryptocurrencies Work?

    The unique feature of this project is that it gives each trader his own cryptocurrency.The amount of currency issued will depend on how successful his trading is.This will incentivize and reward traders for doing better trades.

    How Does Genesis Vision Benefit Users?

    The setup of Genesis Vision allows it to benefit everyone involved in trust management.The investors can connect with all financial instruments and managers for a range of options.This platform essentially gives investors the option to access managers from anywhere in the world.Before choosing a manager, investors can easily view the statistics and trading history of that manager, both of which are reliable and in a single location.There are also no issues of trust thanks to the transparent investments and distribution of profit.Investors can even invest in both fiat and cryptocurrencies.There is also added liquidity since investment comes via buying a cryptocurrency that investors can then sell whenever they want.

    How Much Did Genesis Vision Raise?

    The Genesis Vision ICO (initial coin offering) raised $2,836,732 USD by selling 2836732 Genesis Vision tokens at a price of $1.00 USD.The Genesis Vision ICO began on October 15, 2017 and ended on November 15, 2017.Key team members during the Genesis Vision ICO included Ruslan Kamensky, Dmitry Nazarov, and Alexey Kutsenko.

    What do you think are the toughest challenges ahead for Genesis Vision? How are you going to deal with it?

    Industry and regulation changes so quickly, so it will be complicated to predict what will be the toughest challenge, but first of all, we need to run successful ICO, and then we will start our long hard road of capturing the market of trust management.So time will show, what challenges we will face and what of them will be hardest.

    How to find new cryptocurrency projects?

    One of the biggest challenges in the crypto space is to find the right projects at the right time.There are hundreds of projects launched…

    What is the value of Genesis Vision?

    One Genesis Vision (GVT) is currently worth $11.48 on major cryptocurrency exchanges.You can also exchange one Genesis Vision for 0.00020911 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Genesis Vision in U.S.dollars is $50.80 million.

    How Many Genesis Vision Coins Are There?

    There are currently 4,426,883 Genesis Vision coins circulating out of a max supply of 4,436,644.

    Where can I get Genesis Vision wallet?

    Genesis Vision produces its own wallet software that is available for download on its website, which allows you to store Genesis Vision on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    How does Genesis Vision work?

    Genesis Vision can be applied to wealth management, portfolio diversification, and near-endless other market needs at a lower cost than traditional brokerages.Trust has long been a pillar of the broker/manager ecosystem, but blockchain technology exists to remove trust from the equation.

    Where did Genesis Vision come from?

    The Genesis Vision ICO took place from October 15 to November 15, 2017.1 GVT token was sold at a price of $1.The fundraising goal was set at $23,000,000.Genesis has three co-founders: Alexei Kutsenko, Ruslan Kamensky and Dmitry Nazarov.Kamensky and Nazarov began work on the project in 2016.They won the Finance & Blockchain nomination at the HackRussia contest with an early version of the Genesis Vision project.The third co-founder Alexei Kutsenko is the CEO of a financial and technical company that has about 300 brokers as potential clients of Genesis Vision.The company is based in Ireland, but the main team of developers is located in St.Petersburg.The project has a small young team, but all the members of this team are very promising.At the same time, the project has a strong team of advisers, which arouses the trust of users and helps the development of the company.

    What is Genesis Vision?

    Genesis Vision is creating a smart contract platform that brings investors, managers, and brokers together.In the traditional financial system, managers and brokers are usually tied to each other, thus lowering the flexibility and information transparency for the investors.The Ethereum-based smart contracts on GV are designed to change all this by interconnecting these roles regardless of potential geographical, statutory or monetary issues.The investing process relies upon investors buying a specific manager-issued currency on the GV platform with GVT tokens.GVT’s are then moved to the broker’s account to be converted to the required currency and forwarded into the selected managers’ trading account.The manager tokens allow investors to immediately have an asset backing their investment and that can be returned after an agreed period of time.Besides investing the GVT tokens would be used for profit distributions and trading of managers’ tokens on the internal exchange.

    Why Options?

    We need to tell more about the essence of the process for investors to understand the further steps better.

    What hashing algorithm does Genesis Vision use?

    Genesis Vision is a coin that uses the ETH Token algorithm.

    What do you think about the Genesis Vision today?

    Let us know by clicking the given button.

    What is Genesis Vision?

    A platform for the private trust management market, built on blockchain technology and smart contracts.They unite exchanges, brokers, traders, and investors into a decentralized, open and fair network, making the financial market even more global.

    What is Genesis Vision?

    Genesis Vision is a blockchain-based financial trust management platform that uses smart contracts.The platform was created to unite trading managers, investors and brokers into a large decentralized network that guarantees security and transparent conditions for all participants of the process.The Genesis Vision (GVT) token was created to provide the functioning of the platform.The platform provides accessible trust information for traders and brokers.Using this platform, you can increase investment flows and report by indicators for all parties involved.And it can also be a big step in the fight against fraud and lack of transparency in this area.GVT is the platform’s cryptocurrency, which is built on the basic parameters of Ethereum (ERC-20) and was created to simplify the working process between traders and investors.For external operations participants can use different cryptocurrencies.Not only GVT, but also BTC, ETH, and USDT are used for internal settlements.However, GVT holders get some bonuses if they hold GVT on their Genesis Vision account.The number of Genesis Vision tokens is limited — all of them were sold during the ICO.But the value of tokens depends on the interest in them.The token is used to make payments for the services of traders.The more successful the transaction, the higher the capitalization rate of the Genesis Vision token.But this is not the only one aim for GVT.The asset manager can pay invoices with the investor by transferring the profit.From the developers’ point of view, holding GVT tokens can sufficiently increase investor profits.At the same time, the token has shown steady growth thanks to a good marketing campaign and constant development of the system.This is a good signal among current projects.

    What was the process like in becoming a certified ICO by The Financial Commission? Were you confident that Genesis Vision was going to pass it? If so, why?

    The process was quite hard because there are no any standards for such kind of certification and we have no expectation what to wait for such kind of audit.The audit covered more than 150 questions about all parts of our project: legal, technical, the blockchain, and its committee made deep investigation about our project and ICO.But anyway we think that such kind of certification could make whole ICO market more transparent and more stable.

    What is Genesis Vision?

    Genesis Vision
    The first platform for the private trust management market, built on Blockchain technology and Smart Contracts.

    What is Genesis Vision?

    The basic premise of Genesis Vision is that it’s a platform that allows investors to pick and choose their own managed cryptocurrency without doing all the difficult work.This is similar to a hedge fund or using a financial advisor, but it’s much more transparent with much lower fees than a traditional hedge fund.

    What is Genesis Vision?

    Genesis Vision is a private trust fund management.GVT is an Ethereum-based ERC20 token that serves as currency in Genesis Vision's ecosystem.It is used for all investment operations and profit distributions.

    What is investing with Genesis Vision?

    A set of personal trust management services – “Private Trust Management”.Thanks to the use of blockchain technology and smart agreements, GVT eliminates middlemen and opens markets for investment intermediation services.

    History of Genesis Vision Token