Genesis Vision (GVT) fully live: This might be the dawn of a new era for the whole crypto market, not only GVT.
Not many projects in the crypto market have a working product. Even the ones that rank very high are currently in the proof of concept stage. Genesis Vision joins the exclusive club of projects that have working product and hopefully, active users.
Even though we were not too thrilled with their announced launch of another token and DEX, mostly because of the danger of diluting the resources and distracting from the primary GVT platform, the release of the second and much more anticipated module of GVT is a big deal.
After deploying the first module of their platform, the module for managers, GVT team announced the launch of the other, for users, more interesting module – the investor module.
the investment programs are currently live! You can already go and start to invest your GVT carefully. As for the managers, they have a treat today as well — they can already begin to create the GV Funds.
… After all, very soon you might start finally investing in investment programs for yourself!
You will have to deposit 1 GVT to join the community, which is really a low entry barrier. The platform itself will be start charging commissions in January 2019, until then it will be free to use.
If you want to jump right in and start investing away, you can use this link.
If you want to become a manager and start running the investment programs or creating GV Funds, make sure to follow this link.
GVT investor module in essence
The whole concept of investment programs is wrapped around the idea of reporting periods, which determine the interval of time in which the manager is supposed to conduct trading operations and report about the resulting profit or losses.
An investor can choose between many different GV Funds created by GV managers and check out the performance of each and every one of them, as well as their content. An investor can invest and withdraw from the GV Fund at any point in time, without any attachment to reporting periods.
Once an investor invests his GVT into the GV Fund, Genesis Vision converts the GVT invested and purchases all of the assets included in the fund. Once the investor decides to cash out, all of the purchased assets are sold according to the current market prices and the resulting profit is reversely converted back into GVT.
The new platform looks very slick, UI is fantastic and it truly might be the dawn of a new era for the whole crypto market, not only GVT.
