I just saw this project.
Am i understanding it correctly?
It's a platform for professional traders. We will look and see their success ratio and put our money to trader to make his trades for us or just copy his trades.Like 1broker's function?
And every professional trader would have his own coin.
Hi! Not exactly - the platform will allow all people to manage investments, however, some check are implemented to insure investors interests. But the main mechanism is that, indeed, all investors will be able to see the most successful traders and invest with them by buying their token.
1broker, Etoro and Zulutrade are all centralized platforms, but only Genesis Vision can be genuinely honest and transparent, every piece of info on the platform can be checked and verified.
Genesis Vision Best Investment Manager Successful Trading Operations Transparency Reference
Provide best practices for point of sale
But when people follow the crowd will have more mutual deterrence phenomenon?
Invest with them by buying their tokens? I don't quite understand what it means. Could you please elaborate a bit on why would investors will buy trader's tokens? Why not just buy whatever a top rated trader is buying.
Because some people want the passive income via dividends etc that comes with it, and not to work all day with day trading. Also, i thought you would see the report of buys and sells afterwards, not in the real time.