We are happy to inform you that the GV Traders’ Challenge is finished. While 200 GVTs are waiting for distribution amongst our winners we’d like to discuss the reasons as to why we have already conducted three Tournaments.

Genesis Vision is not a ‘trading platform’ but the ‘platform for trust management’. We firstly (during our ICO) launched a Tournament to examine the integration that would be possible with MetaTrader 4. Now we have also had the chance of examining the integration with MetaTrader 5 on a larger scale.

We designed, built and tested the module that supplies the trading history and uploads into the file depot for IPFS. Finally we’ve checked that our support services work efficiently and are of the utmost quality that our Community can rightly expect from now and into the future on top of this we’ve identified the most appropriate advertising channels that will be used when pushing the exposure of the Platform.

All of the above was helpful for Genesis Vision because we’ve had the opportunity to narrow down on some specific aspects that are necessary for us to fine-tune before the release of Genesis Vision platform; further ensuring our commitment to our Roadmap and you, our Community. Lastly, we firmly believe that further and continued interactions with Traders, Investors and most importantly, our community enabling us to all be a part of the journey through consistent development. According to the results we can say that all the targets were reached and many things were corrected and ameliorated.

That’s why we decided to conduct the Tournaments, but now we’ve found out why you decided to participate.

Now let’s share with you some information about the GV Traders’ Challenge. So; we did a little research into the Tournament’s process and you can see a summary that we’ve created according to our collected survey and analytics data.

Nice to meet you!

The Tournament’s participants were mostly from the USA (32%), Turkey (13%) and Serbia (5%) but the total amount of participants’ countries is 166 encompassing most corners of the world. The geography of participants includes all the continents and majority of known countries. Some participants had existing trading experience of FOREX trading (38.5%) and traditional stock market (53.8%) also 100% of participants had existing trading experience of cryptocurrency trading and we consider the overall wish & desire to partake in our Tournament another example of our current high standards of work!

A bit about the trading process

We were asked quite a bit about the most profitable trading instruments. Now we have the answer. The most popular trading instrument was ‘BTC/USD’ but the most profitable instrument of this was ‘GVT/BTC’ — Now there’s some irony for you, hey? Factual nonetheless.

Below you can see the list of the most profitable instruments.

Also you can see the list of the most popular instruments.

Despite the fact that the Tournament was functioning in a ‘game mode’ (play money as we call it), all the rates were real and were received from Binance and numerous other brokerages. Thus your success in the Tournament is relative to what real success could be achieved from a profit side of things. But then that’s obviously why so many participants would like to be a Money Manager on the Genesis Vision platform.

96% of participants would like to participate in our Tournament again and it’s not surprising given the pleasure we’ve had so far spending so much time with you not just in the Telegram but all forms of our community!

By the way we didn’t forbid the use of Expert Advisors, but only 2% of traders did in fact use them.

Also some traders were interested in an increase in the amount of trading instruments.

Once the platform is complete — we will integrate existing brokers with their existing managers. The specific trading conditions will depend on the particular broker used. Our goal is not (and never was) to create our own trading platform, but to connect the existing market participants. Nonetheless we will bear it in mind when we will be selecting the brokers.

What is the main thing in trading?

Everyone knows that the Alpha Version of Genesis Vision platform will be released very soon. It means that a lot of interesting things are waiting for us just around the corner. We asked you about the main thing of trading and we agree with all the responses.

But we would like to add one more thing. Our main goal in trading is transparency and honesty. Blockchain technology backed-up with Smart Contracts that create a decentralized system allow us to reach and far surpass our goal. Genesis Vision is the next step in financial markets evolution. Making the Global Financial Market actually globalised!

Thanks for your active participation!