Genesis Vision is a blockchain technology powered and fully decentralized trust management platform. It makes use of smart contracts for its operations. Every manager in the network of this platform has their own cryptocurrency. Funds can be transferred to the manager by buying the manager’s cryptocurrency through the internal exchange. Genesis Vision represents a common open source of reliable information that details the statistics of the activities of the participants of the network. This is done in a very transparent manner. The investment and profit distribution is managed by using smart contracts. Managers from all over the world can be easily reached by investors.
For investors, Genesis Vision is a transparent and profit distribution system that’s extremely reliable. It offers managers their own branded cryptocurrency and access to unlimited trading strategy scaling. Brokers can participate on the platform for free.
There are many benefits of using the Genesis Vision platform. It is fully secured through Smart Contracts and is certified by the ICO committee. The CEO also offers an escrow service. There are experienced advisers to cover every aspect of the project. The Genesis Vision platform is secured from DDoS and hackers. The client base is extremely active and comprises of around 400 companies.
GVT is the token associated with Genesis Vision and is based on ERC20 Ethereum token standard. The token can be used for investment purposes and for distribution of profit. GVT can also be used for trading token of managers on the platform’s internal exchange.
The price of GVT is decided by actual demand as there is a limited number of tokens and future issuance is not all allowed. The developers are positive that there will be a huge demand for GVT as there is a detailed marketing and development plan already in place. The active client base will also contribute to the increase in demand for GVT. This will lead to increase in trading volume among network members.
According to the company, 40 percent of the funds will be allocated to the development and support process of the project. 30 percent of the funds will be provided for marketing purposes. 15 percent will be earmarked for the technological aspects such as integration, servers, auditing, and connectivity. 10 percent will be reserved for legal tasks and 5 percent for others.
The total volume of GVT presently available is 4.436,644 of which 3,726,781 are in circulation. The market cap of GVT is $23,175,807. The currency is presently trading at $6.22.
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