The trust management market is growing rapidly every year. According to the Boston Consulting Group report Global Asset Management 2016, the total amount of funds in management is more than $70 trillion. In this booming environment, a game changer is ready to be launched: Genesis Vision. It’s the first platform for the private trust management market, built on Blockchain technology and smart contracts. The platform turns to crowdsourcing through an Initial Coin Offering (ICO) to support its development.
The unconventional trust management system uses state-of-the-art scientific and technical knowledge to unite exchanges, brokers, traders, and investors into a decentralized, open and fair network, making the financial market even more global.
The ground-breaking platform offers the opportunity to successful traders to globalize their trading strategies by attracting investments from around the world, therefore allowing capital to skyrocket. Its transparency for investing and profit distribution is guaranteed by the smart contract technology that underlies the platform.
Investment portfolios are available for any request, and extra security is provided as all managers have a real trading history. As Ruslan Kamenskiy, CEO of Genesis Vision emphasizes, “Genesis Vision is the next step in Financial Markets evolution.”
Moreover, the Financial Commission, an independent entity that certifies trading products and provides external dispute resolution services to the finance industry, has issued ICO certification to Genesis Vision. The announcement comes less than a month after the body announced it had established a committee tasked with the certification of initial coin offerings.
The Genesis Vision ICO campaign will consist of two stages, an options program and a core ICO. The options program runs from September, 15, 2017, while the core ICO planned to run on October 15, 2017 and to end on November 16, 2017. There will be a total available supply of 44,000,000 tokens. 75% of this amount will be available for purchase during the ICO.
Genesis Vision’s early investment program will take place in form of options sale, instead of traditional pre-ICO campaign. Options for the first 20% of the maximum options cap guarantee their holders a 30% bonus; the next 30% receive a 20% bonus, and the remaining 50% receive a 10% bonus.
Option sale is already in progress.
Genesis Vision has its own token: GVT based on ERC20 Ethereum token standard. Its implementation corresponds to a widely distributed standard. This allows token holders to easily store and manage them using existing implementations of Ethereum wallets.
GVT will be used for all investment operations, profit distributions, and managers’ token trading on the internal exchange.
All tokens will be created during the ICO period. The number of tokens is limited, and the subsequent issuance of tokens is technically impossible. Unsold tokens during the ICO are burned. The GVT will be freely traded on crypto-exchanges.
The company is founded by a highly experienced, well versed and specialized in financial markets team. They combine a cumulative experience of many years in addition to a thorough knowledge of the latest trends. This notorious team has partnered with several large industry representatives of hundreds of brokerage companies globally.
The project started its life on November 20, 2016, when Ruslan Kamenskiy and Dmitry Nazarov won the HackRussia all-Russian hackathon in the nomination “Finance and Blockchain” with the Genesis Vision project.
Genesis Vision, is the first private trust management platform built on Blockchain technology and smart contracts, founded by a team of experts in this field. The platform aims at providing an automated and absolutely transparent system for investing and profit distribution.
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