Genesis Vision is one of my absolute favorite projects in the crypto world. They seem to be a talented, hard working team who I believe are going places. I invested during the initial ICO and currently those coins have increased from $1 to $30! Pretty good right? Now it's my belief that this is just the beginning and if they meet the targets of the whitepaper and roadmap Genesis Vision Tokens will be worth considerably more again.
"Genesis Vision is a decentralized trust management platform built upon blockchain technology and smart contracts."
Basically they are a trading platform that combines stocks/shares, assets like gold and silver, cryptocurrencies and more. In doing so they are bringing together exchanges, brokers, traders, and investors into one decentralized, open and fair network. Their own Genesis Vision Tokens will be used as the currency of the platform. One of the biggest draws of Genesis Vision will be the potential to invest the tokens on managers/brokers with a proven track record (recorded in the blockchain).
"Genesis Vision is going after a 70 trillion dollar market."
"The total supply of Genesis Vision Tokens is 4 436 644 with 3 726 781 in circulation."
"If GVT is able to capture half a percent of the addressable market cap, 0.5%, its market cap would be $350B. This would mean one GVT would be worth $94,000."
"$1B Market Cap = $270 per GVT"
"$5B Market Cap = $1,351 per GVT"
"$10B Market Cap = $2,703 per GVT"
"$20B Market Cap = $5,405 per GVT"
Now it would be ridiculous to think of achieving 100% of the market but if they even capture a fraction of $70 trillion then the tokens are going to increase a lot. Just look at the numbers provided above. Of course, there's more to it than just these figures because there are always so many factors in cryptocurrency values, the biggest being speculation from investors (FOMO and FUD). However, this is a coin with a use and the more it is used - the greater the value. This has been made especially true by the low number of tokens in circulation: 33 million were available during the ICO. In the end the remaining 28.5 million or so were destroyed. This too could seriously affect the supply and demand once the platform is launched (beta on April 1st).
"Genesis Vision already has quite the advantage being that the Chief Business Development Officer of Genesis Vision is Alexey Kutsenko. Mr. Kutsenko is the CEO of the well known Tools4Brokers platform. Because of this Genesis Vision can tap in to existing brokers of Tools4Brokers which will consequently bring participants to the platform (the existing managers & investors in those managers). Also, there will be marketing covering two sides: B2B to attract brokers/exchanges/big money managers and B2C to attract investors and common traders."
"The team has quite the roster of reputable advisors with names such as Charlie Shrem, Konstantin Gladych, and Demetrios Zamboglou."
This is actually why I invested in the ICO, the team. They are already established in the real world. Some members of the team I'd even seen before win a national hacking competition in Russia! Actually being competent is so important in the world of cryptocurrency and especially ICO's. Also, having these links already in place like with tools4brokers is fantastic.
This is why, without doubt, Genesis Vision has been my favorite ICO and the one I'm most optimistic about (that I've invested in).
P.S. I am not saying go and invest without doing your own research. These are my views but I do not offer investment advice. In general crypto is not considered a safe investment yet anyway so please only invest wisely people.
If you liked my post then please upvote and or follow.