Limit the time between opening new programs
I believe the platforms should not only limit the total number of programs a manager could open (which of course could be an increasing number conditional on the manager's level), but also specify some minimum time spans. More specifically, a manager should not be able to open a program, collect entry fees from investors, close the program, and shortly open a new program.
Answer
Dear Client,
Please notice that only managers with level 3 and higher are able to collect the entry fee. This way only managers with existing trading history and a good reputation can get the entry fee.
Best regards,
GV Team
Yes, but some managers are killing profitable programs to immediately open new (more expensive) programs.
Dear Client,
Thank you for your feedback, I will transfer it to our management.
Best regards,
GV Team
Dear Client,
Please be informed that we are not planning to limit managers in creating new programs, but we have updated the leveling system in order to protect investors. You can find additional information in our blog - https://blog.genesis.vision/genesis-vision-update-a-level-up-d01ef51c42a
Best Regards,
GV Tem.
Customer support service by UserEcho
Dear Client,
Please be informed that we are not planning to limit managers in creating new programs, but we have updated the leveling system in order to protect investors. You can find additional information in our blog - https://blog.genesis.vision/genesis-vision-update-a-level-up-d01ef51c42a
Best Regards,
GV Tem.