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.
Mobile version of the platform
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.
The statistics and the chart of an investment program
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.
List of the investment programs
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.
Information on a program, including commission fees
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.
Ampleforth [AMPL] To Conduct First IEO on BitFinex and Ethfinex’s Blockchain Project Launch Platform, Tokinex, in June
Ampleforth’s whitepaper, co-authored by Manuel Ricon Cruz, a researcher at the Hoover Institute, introduces the Ampleforth protocol. Further context for understanding the implications of AMPL as a new type of synthetic commodity and economic theory is provided in the accompanying Red Book.
The appeal of digital assets like Bitcoin is that they are uncorrelated with traditional asset groups. But, among large-cap digital assets, there is a high degree of non-diversifiable risk and the price volatility of most cryptocurrencies mimic that of Bitcoin.
Evan Kuo, CEO, and founder of Ampleforth said,
“We see Amples as having a near-term utility that naturally dovetails into a much bigger vision, and I can’t wait to see it unfold. The Bitfinex and Ethfinex user communities are among the best in the industry, and we are excited to work alongside the Tokinex team for Amples’ exchange debut.”
Ampleforth’s protocol receives exchange-rate information from trusted oracles and propagates that to holders of Amples by proportionally increasing or decreasing the number of tokens each individual holds according to the magnitude of the exchange rate fluctuations over the previous 24 hrs.
For traders, these changes in the exchange rate and quantity translate into changes in Ample’s market capitalization. Ultimately, unique trader behavior in response to the protocol’s incentives is expected to produce an asset price with lower correlation to Bitcoin than other digital assets.
Jean-Louis van der Velde, CEO at Bitfinex, stated
“The Ampleforth project is fascinating to us with its refreshing vision to become a unique digital asset and serve as a potential future reserve currency. We believe it can provide a unique volatility profile, uncorrelated to other digital and traditional assets. This uncharted territory makes Ampleforth, and the team behind it, the perfect first project to list on Tokinex and we are excited to provide an opportunity for the community to be a part of it.”
Paul Veradittakit of Pantera Capital said,
“Ampleforth is interesting because there’s not another asset like it, so it will likely not be correlated with other large-cap cryptocurrencies. With more traders and enthusiasts entering the ecosystem since the last rise, there needs to be an option like AMPLs, which could reduce the risk for the entire space, and potentially attract more institutional interest.”
Ampleforth is a digital asset protocol for smart commodity-money funded by Brian Armstrong, True Ventures, Pantera Capital, and Slow Ventures. For more information, please visit our website.
Launched in May 2019, Tokinex is the IEO platform of Bitfinex and Ethfinex that brings fair opportunity to participate in curated token projects. It gives qualified participants the chance to contribute to pre-vetted token sales directly from their personal wallet through common crypto assets, and with no personal data or funds held by the exchange.
Tokinex uniquely does not require tokens to pay an upfront fee for listing and following a successful capital raise are subsequently listed on the two exchanges as permitted by applicable law.
For further information please contact.
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