After releasing “Proposed Improvements to Genesis Vision’s Level Up System” I have received a ton of great feedback from the community! After reading the responses of investors, managers, and survey participants I have further modified the initial proposal to incorporate the critical feedback I received. Below is the proposed system. Lines bolded reflect a change from the original system.

Proposed Level Up System 2.0

Level ups are awarded 1 month after a manager’s trading period starts or restarts. A manager can go up only one level at a time. A negative monthly return results in a level demotion. After a manager receives a level demotion, the manager is ineligible to level up for 1 month. Managers below level 4 are considered “Entry Level Managers” and may level up by being categorized into Group X or Group Y based on performance. Managers belonging to either group will level up. The number of managers who level up is equal for both Groups.

Group X: All investment programs below level 4 are ranked by Profit. The top 5% of the most profitable programs are leveled up.

Group Y: The top 20% most profitable programs excluding Group X are selected and ranked by Profit Factor. The highest Profit Factor managers from this list are leveled up. The number of level ups in Group B equals the number of level ups in Group A.

5. Managers level 4 or higher are considered “Experienced Managers” and level up by meeting all of the requirements below:

90% of weighted AUM is utilized by investors for the past month (including pending deposits and withdraws). For example, if a manager has 85% AUM utilization for the first half of the month, and 95% AUM utilization for the second half of the month, the total monthly weighted AUM utilization is 90%.

is by investors for the past month (including pending deposits and withdraws). For example, if a manager has 85% AUM utilization for the first half of the month, and 95% AUM utilization for the second half of the month, the total monthly weighted AUM utilization is 90%. Trailing 3-month returns are positive

6. Profit is calculated as a percentage and is calculated over a certain period. The general rule of thumb is that the period of time is calculated as “managers“’” level — 1 month”. For example: if your current level is 4, then the last three months of your trading will be counted.

7. All programs that have completed at least one trade participate in the rating.

9. The higher a manager’s level is — the more funds the manager can attract.

Why the changes are necessary

1. Because all managers currently level up at the exact same time, it creates huge selling pressure of GVT when managers restart their programs to accept new investors. I believe by changing the level up system to be 1 month after a trading period begins, it staggers the buying and selling of GVT. This should result in more stable prices ofGVT

3. I don’t think this one needs an explanation. Managers who lose investors’ money should be punished.

4. New managers with unknown trading histories are inherently risky. There will be studs among them, but there will also be many duds as well. I believe the proposed system will be able to sort out the best of the best! Read about this one in much greater detail in my previous article.

5. Once a manager establishes a trading history of several months and is still profitable, the expected future performance of that manager becomes much less risky.

Beyond a certain level, I believe the best way to determine whether a manager should level up is to apply free-market economics and to use supply and demand. Instead of generating a profit percentage to “beat” another manager, the manager must work to attract and retain a certain number of investors to level up. This way, investors are the ones who decided which managers level up.

Since investors will naturally have different risk profiles, this proposed system will allow managers to employ a much broader set of trading strategies. This also provides the manager an opportunity to set expectations and goals for their program for their investors.

I believe this is the fairest way for managers to level up because this mechanic is 100% community driven. Any weakness in performance by a manager may result in investors withdrawing funds and prevent the manager from leveling up.

Please fill out this 1 Question Survey

I would like to collect your feedback on my proposed system. Please click below to complete the 1 question survey! https://www.surveymonkey.com/r/KJLDPRD