When you select a manager if they cannot accept your funds it would be nice if we found out sooner so we could invest in another manager
Thank you all for your kind suggestions. The feedback is forwarded to the team.
For the sake of transparency of the Asset management industry, the previously closed programs whether profitable or at a loss needs to be showcased under the users profile for the good and bad.
It came to my attention that one trader lost 180 GVT tokens , collected a 4% Entry fee, closed the program and restarted a new program. The Old program does NOT show under the users profile and the link to the old Closed program can only be found if you knew the name of the program.
This creates many issues going forward.
please ensure that all closed programs stay under the users profile at all times.
It's very annoying to have to stay on top of your funds and whether or not your requests are rejected.
I think that before requesting to have someone handle your money, you should be given an estimated wait time. If you decide to invest, you should be put on a waitlist indefinitely. If you feel tired of waiting, you should cancel and "step out" of line. Otherwise, you may for example be willing to wait 3 cycles to be put in one of the best traders' programs. Some will rather do this than to be stuck with consistent cycles for lower-tier traders.
Currently, you're constantly returned money. This means that whether or not you are accepted into a program is mainly dependent on picking the right moment to invest (probably near the end of a cycle). I don't believe this is fair. It only rewards people that are fastest to react to cycle ends. I believe you should be rewarded based on overall time waited for each program.
Thanks for your consideration.
Thank you for your suggestions. They are forwarded to our technical team.
I am glad to say that in future you will be able to subscribe to manager's updates and receive notifications about available tokens.
Make an option to queue, or cancel every extra investment that is placed once trader money cap is reached
Let us know when trader is full on money limit and make an option to queue (and to see how many investors/money are in a queue before us), or cancel the investment with the pop-up window on every extra investment that is placed once trader money cap is reached, because lot of ppl are waiting with their money on queue for a trader not knowing he cant accept their investments because he is full on money limit.
Let us know he is full and give us option to Queue or cancel so we can invest into another trader, of if he is our favorite one, we can just simply queue into.
But right now, there is no feedback and lot of ppl dont know whats happening.
Also, we should be able too see from the Programs window if the trader is open to a new money to be invested of if he is already full.
I've had a manager close a program I've invested in but it seems that my tokens have not been returned. I can see i have manager tokens still in the archived program, but there is no option to withdraw /convert back into GVT.
Also suggest some kind of notification for the investor if a manager closes a program.
Please allow automatic reinvestment of managers once the program ends, include options for:
Reinvest initial principal, and take profit
Reinvest profits as well as principal
This will decrease volatility of the supply/demand as well as price
Hello! Thank you for your feedback. At the moment your investment stays for the next reporting periods until you decide to withdraw it. In future you will be able to subscribe to manager's updates and receive notifications about available tokens.However, we will forward all of your ideas to our technical team and they will be taken into consideration.
As an investors platform you want to be very transparent. For that reason it is good to know which leverage level a manager is using. Based on this information you can make a considered decision in relation to your risk appetite. In addition you can add a filter to search for managers for a determined leverage level.
Would it be possible to enable the creation of demo accounts with Genesis Markets for the Managers Investment programs? Crypto traders would probably enough trading testing on your brokerage for the next few months before we go Live in October.
First of all i'd like to thank you for working on all the feedback on such a short notice, really great.
This morning I came up with an idea which, in my humble opinion, could benefit the platform a lot.
Since its still very vague and difficult at the moment to select an investment program which suits you best I think it would be a massive improvement if there would be created a space on the GV platform where managers could pitch their programs (For example something like pitch.genesis.vision).
Basically this would work like a search engine for investment programs, for example... When I expect that there will be a lot of money to be made on the Forex market in the next couple of weeks i'd go to pitching website and filter on managers who offer programs mostly/merely focussed on the forex market. Those managers can insert video's or papers in which they explain their strategy, knowledge, expectations, credentials, etc.
After looking at these pitches it would be a lot easier to decide to invest in Manager A , B or C. Or maybe even split my investment in these 3 managers. This way its a lot easier to benchmark all programs that GV has to offer and this makes making right investment decisions a lot easier (Now its just a big contaminated pile of programs of which you don't actually know what will be its purpose).
I hope this idea will help you guys further in making the GV platform to reach its full potential, keep up the good work.
If the manager operates a program with no investors and loses their own money, no harm is done. However, if the manager loses investor's risk capital, then that manager needs to recover the losses no matter what. In order to prevent platform abuse, we must have a Global High watermark system that tracks the losses that an investor occurs on every manager. If the investor exits one program to only join another program from that same manager, the losses from Program #1 MUST be carried over to program #2 .
If the platform does not incorporate a global high watermark system , then managers have the advantage over the investor. The manager can simply close the program and make a new one creating a clean slate.
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