Wholistic Coin Analysis: Genesis Vision

Genesis Vision

Genesis Vision is working on bridging the gap between the financial world and cryptocurrency. It aims to solve the issues facing private asset management by providing transparency and the inability to tamper with the numbers, because anything that is recorded on the public ledger, stays there permenantly.

Market Capitalization

  • Rank 110 market cap
  • 76 Million market cap
  • 3.7 Million circulating supply
  • 4.4 Million total supply

Do not be deceived by the price; if we look at the market capitalization, we can see that this project is not even in the top 100 coins. For the scope of what it aims to acheive and the team invovled, this is one of our most undervalued coin picks. The number of coins is significantly smaller in avarage than the average project, which means that when it increases in popularity, the price could go very high per coin.

WCA Score 75%

Team

Upon analysis, the team ranks high on creditability. Co-founder Alexey Kutsenko is also the CEO of Tools For Brokers who have an existing relationship with over 300 trading brokers.

The team consists of 10 team members and 13 advisors, one being Charlie Shrem; A cryptocurrency entrepreneur and public figure. He owned a cryptocurrency exchange called Bit Instant in the early days of Bitcoin, which lead to his unfair arrest.

These factors contribute towards the successful certification of their ICO from the Finance Commission, which was the first one of its kind.

WCA Score 95%

Concept (Whitepaper)

The whitepaper is very well structured and easy to read.

An excerpt from the introduction:

Genesis Vision is the platform for the private trust management market, built on blockchain technology and smart

contracts. We unite exchanges, brokers, traders, and investors into a decentralized, open and fair network, making the financial market even more global. This will allow successful traders to rapidly scale their trading strategies by attracting investments from around the world. The smart contract technology that underlies the platform will provide an automated and absolutely transparent system for investment and profit distribution.”

The concept meets the criteria broken down in our Wholistic Coin Analysis. It is unique, valuable and can’t be created effectively without this technology. We rate this concept as a revolutionary project, if they fulfil what they aim to moving forwards.

In a bear market, certain investments could be seen as a safe haven and when this project is in full swing, I predict that it will break away from trending alongside BTC.

WCA Score 100%

Roadmap

Their roadmap does break down their progress and next steps, however, it could be clearer, and they could put dates attached to certain quartiles (e.g. Q3 2018) like other projects.

In all fairness, if the cutting edge technology being developed does not allow for quartile dates to be set on the roadmap, then I appreciate that they do not want to be behind schedule.

They have recently released their demo app (one day early) and aim to have their beta working with real money ASAP. Understandably, they want to remove any bugs first.

https://genesis.vision/#roadmap

WCA Score 90%

Competitors

Genesis Vision gain much of their merit from the ‘first movers advantage’, which they will benefit from when the platform is running. There currently is no direct competition (Serenity Financial are in their early stages and will not be targeting the wide scope in which Genesis Vision are. SRNT is more of a transparent trading platform with an escrow service, whereby the team is not as impressive).

Their main competition will be mainstream investing. The benefit of Genesis Vision over these mainstream, centralized trading platforms are lower fees and full broker history. The ability to hold onto GVT as a commodity adds an extra incentive.

WCA Score 85%

Social / Interaction

  • 17.7k Twitter followers
  • Twitter interaction: Avg. once a day
  • 4.6k Reddit community
  • Reddit Interaction: Multiple posts a day from the community
  • Blog posts: a few a month
WCA Score 75%

Exchanges being traded on / Liquidity

  • Binance trade dominance: Over 94%
  • Listed on over 4 exchanges, two being quality, popular and reputable; Binance and Kucoin.
WCA Score 80%

How active and transparent is the development of the project? (Github)

  • 9 contributors
  • Latest commit: 1 hour ago

The commits are fairly active and there are individual-to-multiple contributors in each section.

WCA Score 90%

Wholistic Coin Analysis Summary

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Market Capitalization
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Team
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Concept (Whitepaper)
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Roadmap
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Competitors
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Exchanges / Liquidity
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Project Development

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