Genesis Vision is going to be a welcome addition to the investment management space, thanks to its decentralized nature and transparency. While it does face some existing competition from the likes of eToro, the fact that Genesis Vision is blockchain based should work in its favor as it will restore trust to the managed investment landscape.
This is a fair and balanced platform that benefits all the participants, not just the investment managers. Users will see great benefits from their ability to tailor an investment strategy based on the proven results of the managers on the platform.
One concern going forward lies in how global governments will end up regulating blockchain assets and the use of blockchains in investing. That could have a significant impact on the ability of Genesis Vision to operate in some jurisdictions. It’s a future concern, but one that does need to be considered.
As for the GVT token, it has already shown strength in the face of a broad based bear market in cryptocurrencies, and if the Genesis Vision platform works as expected we should see massive growth in the value of these tokens due to the limited nature of their supply.