+3
Under review

Idea - GVT Usecase | Funds

Jacob 5 years ago updated by gustavo lorenzo 4 years ago 4

Hi,



I'd like to propose a new way that we can utilise GVT in GV Funds instead of the current system.

I believe the 1% mandatory hold in Funds is undesirable because it does not permanently remove the token from circulation. When an investor joins a Fund, 1% is allocated to GVT. When the investor leaves, the 1% is now sold. There is no benefit at all to GVT holders. Additionally, when a manager rebalances their fund, if GVT has risen in value, it is sold to maintain the 1% requirement when a manager rebalances their Fund. Obviously this means that when GVT drops in value, there is more being bought. But, with utility tokens, it’s important to reduce velocity. The team removed a majority of this velocity when they added multi-currency support to the platform, but I think we can improve it further.

When Funds are rebalanced, they pay fees to Binance/Huobi to execute the transaction. For example, when I rebalanced my DeFi Basket Fund today, I added 50 AAVE with a fee of 0.15 AAVE paid. This is approximately 0.3%. I propose that we add a fee (0.1-0.2%? 0.4-0.5% total?), which is used to buy GVT and hold until the end of the quarter, then sent to the burn address. By adding AAVE to my Fund, approx. 2 GVT would have been purchased and removed from supply forever. This means that there is only buying pressure from the use of GV Funds.

The team can charge the additional fee as a right to use the Funds product. It would not be a hindrance on usability, and we are removing the mandatory holding of a particular asset in a Fund.

If you do consider this, it would be good to put it to the community first to gauge proper sentiment.

Thank you for your time.

Answer

Dear Client,

We would like to thank you for taking your time to share your detailed idea with us, it will be transferred to the team for their review.

Best Regards,

Genesis Vision Team.

+3
Under review

Automations for investors

E S 5 years ago updated by Genesis Vision Support 5 years ago 1

I want to suggest automation for investors.

I will explain by an example:

Let's say I have 1000 GVT in my wallet, and I want to invest them, but I don't want to invest them all at once.

Now let's say there is a fund I want to invest in. 

So I can set up an automation that will invest 10 GVT every week into that fund. 

Now you can do that this is only available from the GVT wallet. This will increase the usage of GVT. 

For example, if a user wants to automate 1000$, he will need to convert it to GVT.

So basically this is rewarding for GVT holders because they get the functionality that isn't available without the token... 

Answer

Dear Client,

We would like to thank you for your interest and willingness to help us with improving our platform. We appreciate it very much!

I have transferred your interesting suggestion to the team for their review.

Have a great day!

Best Regards,

GV Team

+3
Under review

Few Ideas for the Dashboard

Benny 5 years ago updated by Genesis Vision Support 5 years ago 1
  • Add footer in the Dashboard, Content can be FAQ
  • Add a GVT Token section in the footer/ a link that will direct to a page within the GV System to explain tokenomics. Right now when someone signs up, how would they know to purchase GVT to have better trading conditions or so.
  • Add a faq section within the dashboard with explanations and tutorials
  • Dont link the Genesis Vision Logo in the header to the main page, but to the Dashboard. People are more used to that.
  • When new people sign up, enable the possibility to sign up for the newsletter automatically so you can create a email list for later marketing campaigns
  • Create a day/night mode. Currently its all dark, people might not like it
  • The menu dropdown boxes are too big, make the box smaller


+3
Under review

Show investor's stake within programs

HedgeBitcoin 5 years ago updated by Genesis Vision Support 5 years ago 1

A breakdown of the capital within the program including all investors by

- Percentage 

- Base Currency amount 

- High watermark Equity ( are they at profit, or are they at a loss). 

Currently, the platform is lacking the ability to keep track of investor's high watermark equity, contributed capital amount, and percentage share within the program. 

Thank you

+3
Under review

Animated Explainer video to skyrocket marketing

vikashait 5 years ago updated by Genesis Vision Support 5 years ago 3

I already discussed this in telegram but would like to also add here as suggestion so that you guys don't miss out. Checkout below link of RCN token animated explainer video . 

Youtube video


Gvt concept would be explaining how GVT helping investor earning profit by investing and how managers start using platform instead of their exchanges and start getting followers/AUM without paying extra fee. 


Something like this I think will really going to help genesis vision in boost up the marketing. 

From my personal experience I have seen one of my friend who is in e-commerce domain when started using explainer videos in his website , YouTube and google ads, his conversion rate got boost by almost 40%!!!

Sooner you do it , better it would for adoption

Cheers



+3
Completed

Lite card is better and easy to read

Alix 5 years ago updated by Genesis Vision Support 5 years ago 2

When it comes to check out all those card, the text inside could be simplified to get a better and more easy to read look.

Taking out cent's and transforming Year to Y, Months to M, Day to D.

Taking out the cent's isn't a an issue since we must click on the card to see detail's before investing.

When implemented to all card the difference is huge to the eyes and really more easy to read.

BEFORE

Image 390

AFTER

Image 391

Answer

Dear Client,

We are happy to inform you that we have changed the text in the programs' cards as per your suggestion. Thank you for helping us to improve our platform. We appreciate it very much!

Best regards,

GV Team.

+3
Completed

Absolute Profit loss in graph ( 3rd tab)

HedgeBitcoin 6 years ago updated by Genesis Vision Support 5 years ago 4

Absolute return is simply whatever an asset or portfolio returned in asset value over a certain period.  This is not a percentage basis calculation such as the current Profit tab. This calculation should be based on the actual profits over the length of the system. 

If a manager has a positive Profit then this needs to be displayed as a positive graph. 

I've seen a negative absolute profit while the graph represents a positive gain. 

I've also seen a positive absolute profit while the graph represents a negative gain. 

You can keep your existing statistic calculations for the Profit tab, but please make a new tab to showcase the Absolute Return. 

+3
Under review

Manager's Cumulative Profit/Loss in Clear sight

HedgeBitcoin 6 years ago updated by Genesis Vision Support 6 years ago 1

A common question comes up with investment platforms, " Are investors making money". It's hard to answer because every investor enters and exits programs during different periods. Therefore, every investor will have their own story.

My suggestion is to add up all the Profits or Losses from all the manager's programs and showcase the overall PNL within the managers profile and or within each of their programs.

+3
Under review

Setting a withdraw on funds

Johnny Gonzo 6 years ago updated by Genesis Vision Support 6 years ago 1

once a certain trigger is hit, example--- deposit 50 GVT--- when balance hits 60 GVT Withdraw x amount.

that would be pimpin'

Thanks

Johnny

+3
Completed

Allow fund managers to invest in GVT

felixxia 6 years ago updated by Genesis Vision Support 6 years ago 5

It gives another use case to the token. Program managers can invest in GVT, why not fund managers?

Answer

Dear Client,

Please be informed that GVT was successfully added to the Funds assets. Moreover, 1% GVT is now an obligatory part of all Funds.

Thank you for your suggestion, it helped us to improve the platform.

Best Regards,

GV Team.