Re: [ANN][ICO] Genesis Vision - Decentralized platform for the trust management

Quote from: yov1m on October 23, 2017, 04:19:33 AM

Quote from: Dullmartini on October 20, 2017, 09:06:45 PM

Has anyone seen the ico certification letter from the Financial Commission? https://financialcommission.org/wp-content/uploads/2017/09/Genesis-Vision-Certification-Report.docx-1.pdf

Please be careful.

This commission is not legit (at least in SVG, where it claims to be based), it has a wordpress website, a new york phone number and the registered address is someones house.

Be careful with this one guys. I hope you all did your due diligence!

Im out.

Guys, this is pretty damning. http://www.globalinvestoralerts.org/financial_commission_finacom_plc_limited.shtml

The finacom address in SVG is registered to http://www.wilfredinternationalservices.com/about-us/. It looks like they're a service that registers foreign companies in SVG.

The finacom address in England is a home that is registered to the company https://beta.companieshouse.gov.uk/company/08159950.

The president of finacom is named Peter Tatarnikov. Here's his LI: https://www.linkedin.com/in/peter-tatarnikov-69102b26/

I'm also concerned that the whitepaper does not offer any specifics about how the protocol is implemented. It talks generalities using futuristic language such as "we will...". I don't think a single line of code was written yet. Their github has no commits: https://github.com/GenesisVision/

I'd like a statement directly from genesis vision addressing these issues. For now, stay away from this ICO.

Hello!

1. As it specified on our website, Finacom Limited reviewed our project and provide certification report.
We never concealed, the link to their website and report were provided in free access. If you have any questions about the report or reviewing process, we can discuss it.
2. Currently, we don't have a lot of open source code. Our current solution is b2b and has closed licence. The code is under development. All our team involved into ICO process. We will back to this process right after ICO .We do not understand what this concern is about. That is why it is written "we will"

We want to add that, the complexity of our project is not the develop the protocol. Our first goal is to bring the transparency and stability to the traditional financial markets and unite them with the crypto world. As you can see we have managed well even on advisers selection. Genesis Vision advisory board is formed by influential experts from both traditional and cryptocurrency finance worlds.