Upcoming Genesis Vision Release

Genesis Vision
Genesis Vision Blog
4 min readMar 20, 2020

Hello Visioners!

Despite the current global economic situation and COVID-19 pandemic, we keep moving forward — so here is a quick update on our progress!

As you probably know, countries are shutting down all global conferences and cancelling business meetings. Our recent market research shows that people prefer buying toilet paper rather than altcoins at the moment. Following anti-pandemic recommendations, the GV team have taken measures to self-quarantine and are now working remotely. To ensure we make the best out of the current situation, we have decided to focus all efforts on enhancing our product!

The next big update will bring new functionalities and many improvements, which are scheduled for April. We have prepared a brief overview of the upcoming changes for you.

Please note that all screenshots shown in this update are still in a draft state, and the actual appearance and functionality may vary.

Programs: Entry Fee Replacement

We have had a lot of feedback from investors, many with an opinion that the current Entry Fee system is not fair. We always consider our clients’ feedback, and that is why we have decided to remodel it to a new Management Fee system.

What is the difference?

Entry Fee is a one-time fee, charged the moment you invest.

Management Fee is charged for the actual asset management period. Management fee is defined in annual percentage and is charged at the end of each reporting period.

Example: You invest in a Program with a Management Fee of 3% and reporting period length of one month. In one month, when the period ends, you’ll be charged 0.25% of your investment amount (or resulting amount at the end of the period in case of overall loss) as a Management Fee (3% / 12 months = 0.25% in this case)

Programs: Auto Joining After Stop Out

The Stop Out functionality is aimed at protecting investors by limiting the maximum possible loss. If the program drawdown goes below the Stop Out level — the current period is forcibly closed, and all investments are returned to investors. At the moment, investors don’t have a choice and it’s not always convenient. We’re adding an option for investors to stay in the program, even if the current period was closed by Stop Out.

Programs: GVT Commission

At the moment, GVT holders’ commissions are charged directly from GM traders’ GVT wallets. With programs it’s not convenient, since the manager trades with a collective balance — thus paying a collective commission from their wallet, then receiving the commission refund at the end of the period. In the upcoming release, the commission will be charged directly from their MetaTrader trading account, considering the discounts.

Banners for Programs and Funds

Users will be able to share Programs and Funds as the platform generates banners. All banners will automatically include the user’s referral link.

Social Features

We humans are social beings. We’re adding even more social components to our platform!

Updated User Profile

The user profile is being revamped. Every user will have a wall featuring their main events and updates.

Investor Social Profile

Not only can managers become public, but so can investors! You’ll be able to share your investment portfolio and track the investment strategies of the best investors.

Interactive User Guides

We keep adding new functionalities to the platform, as we want to provide our clients with the best and diverse investment and trading opportunities. However, for a new client — all these functionalities can be overwhelming.

To improve user experience, new interactive step-by-step user guides will be introduced.

Interactive User Guides will be split into 3 categories:

  • Trading (account creation, creating different order types, Stop Loss and Take Profit usage, trading charts, main indicators, base technical analysis, trading bot basics)
  • Investing (Investing in assets, programs and funds, risk management)
  • Management (managing investors’ funds, managing a fund and its structure, public trading with signal providing)

Apart from this, there will be a lot of minor improvements, such as:

  • Closing GM positions directly from the Open Positions tab
  • Improving emails and notifications
  • Operations popups rework and improvement
  • Adding hints to the platform
  • And a lot more!

That’s it for now, folks! Stay tuned, stay safe and stay healthy!

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Genesis Vision
Genesis Vision Blog

The first platform for the private trust management market, built on Blockchain technology and Smart Contracts