Review on Genesis Vision by Alex Martakov
To sum up, we can say that the platform is an interesting project that can…
To sum up, we can say that the platform is an interesting project that can bring stable and constant profits to investors in the future. But we must take into account – the project is new, and has not yet managed to realize its full potential. He has all the prerequisites for success, because there is a demand in the market, and a skilled team of developers, and user support. But whether the investments will be able to bring profit is still unknown, as in the case of any other project of this type.
Pros
- The advantages include, first of all, a competent approach of developers to the development of the project. Proper and effective marketing campaign, constant work on improving and expanding the functionality of the platform – all this is approved by users and investors. However, it is worth considering that a team of professionals familiar with both blockchain networks and financial markets is working on the development of Genesis Vision.
Cons
- (-)- The first drawback – the owner of the assets is not always able to control the Manager. Often he learns about the negative results of management at a time when it is no longer possible to fix anything. However, not every owner is able to understand when the Manager is wrong. After all, trust management is preferred in situations where the owner of the assets is not able to dispose of them with maximum efficiency. (-)- The second drawback – information about the reliability of the Trustee is not always reliable. It is known that in a number of situations information is censored and provided selectively or hidden. This makes it difficult to choose the right Manager for the assets, and increases the risk of loss of deposits by investors. (-)- The third drawback is the presence of intermediaries, which requires a considerable Commission for the provision of suitable managers. Exchanges and their representatives usually act as intermediaries. The situation is aggravated by the fact that exchanges provide incorrect information about managers. This is due to the fact that representatives of the exchange may prefer to put as an asset Manager a person acting in its interests. Do not forget about corruption – dishonest Manager is able to resort to bribery to obtain the required position.
