Roger Bryan: Hi everyone. This is Roger from Totally Crypto. Today we’ve got something really special for you. We’re going to be interviewing the COO of what we’re recommending as the ICO of the month for November, Genesis Vision ICO. Dmitry, do you want to say hello to everybody?
Dmitry Nazarov: Hi guys. Nice to meet you all.
Roger Bryan: We’ve looked at 50 different ICOs that are coming out in November, technically 52. Two of our analysts spent the last six days examining all of them and Genesis Vision came up towards the top. I got into a conversation with I think Mia, who’s one of your analysts. I chatted with her for about an hour to really get a full understanding of your project. Then she turned me over to you so that we could get this interview set up for our people. I really want to thank you for your time. I know you guys have got a lot going on with about two weeks left in your ICO. Can you tell me a little bit about why people should invest in your project?
Dmitry Nazarov: All right. Basically we have the two categories of investors that can benefit off our ICO. The first category is the ICO investors themselves, so people who buy this GVT token that is planned to grow in value. They probably don’t want to use the platform itself, but they can benefit from the ICO stage itself.
Another category is the people who want to use the Genesis Vision platform as a trust management platform to sell. For them, there are two additional ways to benefit from this. The first one is to buy manager tokens on the platform and get the value from the tokens itself, that can grow up in value as well. The second one is to get the profits from their trading, because it’s like a traditional trust management scheme and the people get the share of profit of particular manager or a fund, or whatever institution is trading some assets on the platform. People just invest money and it gets shares from this trading.
Roger Bryan: Yeah, I’m going to touch a little bit on that and explain it from my perspective, but I want to ask the next question first. What I thought was really interesting and I thought was a genius move by your organization is you guys are actually structured out of Ireland. Can you explain why you made that decision, because I think it’s going to be important for everyone watching this video to know about that choice before I add a little bit to this.
Dmitry Nazarov: All right. Yes. Basically it was a very simple choice for us, because we were investigating the countries based on how loyal they are to their ICO process, because to get some surprise as it happened in China, and there are some talks about this in Russia even, hopefully one day we can start to control this. For such thing happened in the middle of your ICO, it basically ruins everything, because what do you do now? You should obtain some regulations, you should return all the investors money, and you should start from the scratch. We just chose Ireland because this country is very loyal and there are no risks in the upcoming regulations in these terms.
Roger Bryan: Yeah. The reason I wanted to bring that up is because for everyone watching this is really important, because we had made a recommendation last month. And we’re based in the United States, and it’s nearly impossible to legally do an ICO in the United States unless every investor is accredited and they go through an accredited investor process, which has really changed the ICO market over the last 90 days.
So as we were investigating these 52 different ICOs, we only found three of them that were available to all US residents, and two of them I would never recommend, because they’re actually trying to dodge laws instead of actually dealing with the laws. I thought it was really great when I got on your website that you guys have gone through all of the regulatory boards, you’ve got a legal team on board that has actually gone through to make sure that all of this is structured correctly, so I really wanted to give you guys a compliment on that, because it’s going to be a big deal, especially for our audience that has a lot of US investors.
I want to circle back on to how people make money now, because for you as a US investor, not you Dmitry, but the people that we’re going to kind of bring to this through this recommendation. You’re not only being able to invest in a platform that’s got amazing technology, but the second stage of this is that money managers as we see them in the US are going to be able to create their own projects on this platform under that same regulatory environment, which means that you as an ICO investor are actually going to see more opportunities from the Genesis Vision platform in the future.
So you want to get into this project now? You want to help them get it to market fully? I know you guys have already got something like 40 clients on the platform based on what I was seeing online. Is that correct?
Dmitry Nazarov: Yeah. We did not start this project from scratch. We have a pretty big background from the industry. So the company of our co-founder, Aleksey Kutsenko, Tools for Brokers, is a FinTech company that develops the software for brokerage companies, and Tools for Brokers sells similar centralized trust management solution, which is used by more than 80 companies all over the world.
Basically this is our first wave of clients for our project. Apart from these clients that really use the trust management solution there are around 400 brokers that do not use this yet, because you should pay for this and it’s a proprietary solution right now. Ours will be open sourced and free for brokers, so these guys… Definitely some of them will try this.
This is our first ‘capturing the market’ step. So we have a client base already that will join our platform on the alpha version, which is scheduled the first quarter of the next year. Basically starting from this point, the volume will grow because we will attract additional clients, and we can develop the integrations for different markets and join them all into a single centralized network.
Roger Bryan: You know what’s really awesome about this? Is like on your website you’ve already got an amazing team and you’ve got some amazing partners. Can you tell me a little about who some of these people are, if our audience isn’t familiar with them?
Dmitry Nazarov: All right. I’ll start from the team. Basically I can tell the story behind this project. So it starts one year ago and I, Ruslan Kamensky, the CEO of Genesis Vision, we participated in a hackathon. All-Russian hackathons, so there was quite a big competition. And with the concept of Genesis Vision, we won the Finance and Blockchain category in it. So it was even called the same and that’s where everything starts.
And the problem with this concept was that there were no real market meet for that. We tried to sell this idea and were not successful with this. At the beginning of this year, Aleksey Kutsenko, I already mentioned, joined the team. And he has a forex and CFD markets background so that’s basically where we found the real market meet for the project because there are some problems, a lack of information, lack of transparency and it suits perfectly.
And we amended this idea a bit and basically we prepared this ICO for half a year and that’s where we are now. Speaking about the advisers, what we tried to achieve is we wanted to build the network that will cover our project from all sides, basically. So we have a lot of contacts in the traditional markets, like forex, fund managers. So you can see some big names from my brokers in the advisory board.
From the other hand, we have a Crypto market and these guys, they also need to join us and to give some advice, to provide some connections and we have a CEO of Constantine, while there’s guys from Lucky, Charlie Shrem are our advisers. So basically we tried to build the complete network of people that can help with all the aspects of our project. We have our marketing advisers as well. So we build this through all this time. It’s not an easy process because, to be honest,the first time we were lucky. The Crypticons, the Crypto World contacts, but now we are set up quite fine, I would say.
Roger Bryan: That was a lot and that’s awesome. For everyone on Totally Crypto, for a full disclosure perspective, I am a buyer of Genesis Vision. We are recommending it as our ICO of the month for November. There’s only about 2 weeks left so don’t wait till the end of the month, get in. They got super low minimums, very easy registration, great transparency, a great membership area. They’ve got wide support build-in, if you have any questions about your investments.
You guys, Dmitry, you guys are really doing everything right. This should really be a roadmap for how other people should be taking advantage of the opportunity in this marking. We’re looking forward to seeing what you guys do with this project and hopefully we can connect again, first quarter next year to get an update on the project when ICO is over and you guys are ready to hit the road.
Thank you very much, I appreciate it.
Dmitry Nazarov: Thank you.
Information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal situation – we are not financial advisors nor do we give personalized advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become
outdated and there is no obligation to update any such information.
Recommendations in Digital Currency Index publications should be made only after consulting with your advisor and only after reviewing the prospectus or financial statements of the company in question. You shouldn’t make any decision based solely on what you read here.