Your comments
While I agree some people may just look at charts and choose the best. Others may only want to invest in traders willing to put their neck on the line by proving their identity as well.
I would rather invest in someone making 5% monthly and has proven to me that they are accountable and responsible than someone who has made 10% in a month but know that their only risk is their own limited capital. Just knowing someone can take a personal reputation hit as well if they purposely do something wrong is appealing when making an investor choice.
All I am suggesting is it's an option managers can choose to do. If they want to remain anonymous that's fine but its another investor filter when choosing a programme. No one on twitter has to verify and get a tick.
It's also harder to sell to outside of the crypto space in order to get more fiat in from traditional investments. You invest in anonymous people to trade your money for you vs you invest in verified traders to invest your money for you like in the traditional space but this time they can't lie to you about their performance. To me the second sounds like an easier jump to make.
In no other circumstance have i ever been comfortable handing over my savings to someone i dont know who they are. I'm sure there are many people who feel the same. All I would like to see is that when someone wants to say they are John Smith I know it's not made up. Mr fuckme can have his account just not my money as I can't take him seriously. Others may not have this barrier but options are good.
Also without this whats stopping someone doing bad trades and ruining their reputation. But it's OK as they create another free email and start again fresh. Yes at level 1 but some investors is better than none on a burned account. There is no way without verification at some level of preventing duplicate accounts at which point the entire benefit of the blockchain is lost as the full accountability is gone.
Another option is having a tick for extended verification such as their address is known to the team only. The info is not displayed publicly but it can be obtained if necessary by authorities in the event of any serious dispute (like someone figures out a bug or workaround to withdraw themselves and runs off with the cash).
Thanks for the response.it makes sense that investment requests are only processed at the start of the reporting period.
I think the interface could be updated to make this clearer. Maybe have a countdown next to the requests so you know how long it is until it starts and how long you have left to change your mind.
Maybe there should be company accounts which can then link trader accounts.
Company accounts are heavily verified but once they are they can select the traders who work for them and have that company show up automatically.
This way not anyone can say they work for company X and reduces the admin required for traders while keeping companies in control of who they say is apart of them.
Agree but this need to be careful if people are already invested.
Such as fees can do down but not up without at least completing the trading period. If fees have been increased then it should show a clear notification to all those invested giving them a chance to exit at the end of the period.
program not product
Not just that, allow face-id as well. Whatever is normal for the device.
The system lets managers set a management fee of up to 500% and a success fee of up to 100%. These are way too high.
I support a free market to set their own fees but this would be only to try and trick people.
The caps should be no higher than 50% success and 20% management in my opinion but i'm sure you will want to take advice from the professionals about the standards. Nonetheless fees search be a searchable criteria however for investors.
Also fees should be able to be reduced during a trading period but not raised. If they want to raise their fee they need to provide notice of at least one full trading period. At the moment it looks like fees are locked once a programme is created.
Managers create programmes. That's what is being selected in the list. A manager can have many programmes so I don't ever see the need to allow multiple accounts.
I could see companies having a master account, these accounts are verified by the organisation. Then they link their traders accounts under it in order to show up as a member of that company (and so the company can remove them). Company accounts wouldn't be able to trade directly though, accountability to an individual and all.
This also goes hand in hand with my suggestion of verified traders (twitter tick style) where GV knows who someone is and they have verified their address and identification. This would also add to the trust of a manager.
Customer support service by UserEcho
Or hover over the bar. No need to click on desktop.
There will also need to be some indication to click as on mobile it won't be obvious it's clickable othrerwise.
Just show numbers.