Genesis Vision Analysis ($GVT)
The following is not financial advice.
Welcome to back The Scoop!
This is the next post at a place where we share analysis and opinions for interesting coins, tokens and pure gems in the vast landscape of the blockchain world. There's so many coins out there, but not a lot of free information (looking at you, paid groups) and analysis on them. The Scoop aims to change that by sharing and improving the data available for a given coin.
What is Genesis Vision?
It's a platform that supports a new market for private trust management. Managers are coin traders that register on the platform to acquire Investor funds based on their reputation and skills. Investors sort of invest in them as Managers even have their own token. Managers 'work' for the Broker, who has all the paperwork to facilitate Investor funds, just like real estate agents working for a real estate broker.
Very interesting concept indeed!
Where's the wallet?
It's an ETH token, so you can use an ETH wallet to store the coins.
Along with the whitepaper:
https://genesis.vision/white-paper-eng.pdf
How many of them are they?
CMC says ~3m circulating with a total supply of ~4m.
Who's the team?
The team consists mostly of web developers, software and security engineers.
How is [coin] different?
It's a catchy idea for one. The whitepaper goes much farther into detail, but you could actually see this platform working and being a bridge between crypto today and the finance world. You might even be interested in becoming a fund Manager yourself!
Pros
- innovative
- skilled team
- detailed roadmap
- significant volume
- lower market cap
Cons
- client dependence
- niche area
Where is it traded?
Steadily gaining volume on Binance.
https://coinmarketcap.com/currencies/genesis-vision/#markets
The Final
Based on the FA, GVT looks like a low to medium risk with high reward potential if they continue to deliver and catch on. Picking it up under 100k sats would be bargain or under $18 would be an upper entry while still expecting solid gains.
And that's your scoop!