Terrible market overshadows great work done by the Genesis Vision (GVT) team

2018-11-24 00:32

GV Funds, that were launched 3 days ago, work in a way that is very similar to mutual funds; the funds give small or individual investors access to professionally managed portfolios of equities, bonds and other securities. GV Funds are portfolios of multiple assets, gathered and chosen by the manager.

The community is currently voting on which cryptocoins (aside of the default ones) should be added as an asset option for GV funds. Last round was won, as expected, by the top coins: XLM, XRP, BAT, ADA, LINK, EOS, ENG, BCH, WTC, WAN. You can give your vote here.

Genesis Vision, according to their site, is “the first platform for the private trust management market, built on Blockchain technology and Smart Contracts”. In simpler terms, they are creating an easy-to-use app where users who have no knowledge on how to invest their money can give it to someone who has such knowledge, and it will all be done on a trustless platform.

GVT is a great improvement to the current opaque model of investing through brokerage houses that are everything but ethical and transparent about their inner-workings and handling of clients’ money. A smart contract on Ethereum blockchain that will be the engine of GVT platform will remove all of these traditional drawbacks and run an utterly trustless machine that puts complete control into the hands of money owners. The investors who posses actual knowledge and trading skills will benefit hugely from the GVT features as the platform will make sure to provide transparency and necessary tools for money owners to eliminate and cut out the scammers and “fog sellers” and give their investing money to the actual professionals.

While it does have strong competition in eToro and ZuluTrade, the main advantage of Genesis Vision over these platforms is decentralization. It will also have Metatrader integration which should help bridge the gap between the Forex and the crypto worlds. Finally, the Genesis Market will offer a legitimate way of earning money from crypto even in a long term bear market. As such, it should be an attractive platform for people who wish to own and invest into crypto but don’t have the skills or time to hone them.

The post Terrible market overshadows great work done by the Genesis Vision (GVT) team appeared first on CaptainAltcoin.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Hi Mutual Society (HMC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0079213 (-100%)

funds work portfolios overshadows terrible market done

funds work → Результатов: 59


Фото:

A Bug Making Ethereum Transactions on Exchanges Vulnerable Has Been Fixed

A bug centering around a new Ethereum token, GasToken, which was enabling abuse on cryptocurrency exchanges, appears to have been resolved. The details are provided in a report originally published on November 13, 2018, that discussed how the bug was exploited by attackers, and what digital platforms could do if they wished to protect their hot wallet funds.

2018-11-22 00:34


SpaceFund to Work with Coinbase-backed Abacus and Smart Valor to Tokenize its Funds

Space is the new frontier for mankind to explore. Unsurprisingly, the private space travel industry is growing at an exponential rate. Some of the world’s richest and leading visionaries such as Elon Musk and Jeff Bezos are pouring billions into space startups, and one particular startup to watch is SpaceFund. SpaceFund, a venture capital firm, […]

2018-10-31 23:04


Фото:

Queensland Backs Cryptocurrency Point-of-Sale Project for Tourism

The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space.

2018-8-2 00:27


ScienceRoot ICO (SCIENCE Token): Blockchain Scientific Research Funding?

What Is ScienceRoot? Scienceroot is a blockchain based platform that seeks to improve the scientific and research community by creating an ecosystem whereby scientific community members all around the world can gather funds, interact with one another, share and discuss their research ideas, collaborate with one another and eventually publish their research work on the efficient, […]

2018-7-11 14:08


Фото:

Crypto exchange shows security breach and is down forr maintenance work

Decentralized cryptocurrency platform Bancor halted operations Monday, July 9, as it investigates what it calls a “security breach,” reportedly involving over $12 mln. No user wallets were compromised,” the tweet reads, continuing: “To complete the investigation, we have moved to maintenance and will be releasing a more detailed report shortly. User funds remain intact due

2018-7-9 21:23


Scienceroot ICO

Scienceroot aims to improve the scientific and research community using blockchain technology. The goal is to create an ecosystem where anyone in the scientific community around the globe will have the ability to gather funding, interact, discuss research ideas, collaborate and in the end, publish their work through a more efficient, open and transparent platform.

2018-7-6 01:30


Фото:

Jason Attar Takes Cryptocurrency to the Big Screen in New Mockumentary

Award-winning comedian, actor, writer and director Jason Attar is once again heading for the big screen with his new project KevCoin: The Movie. A follow-up to his previous film One Night in Powder, Attar will don the guise of his infamous character Kevin Powder — a rock star “fixer” who’s constantly trying to reinvent himself through wild schemes — and take on the world of digital finance as he seeks out fame and riches.

2018-6-11 22:31