Genesis Vision is quickly approaching its Initial Coin Offering (ICO) on October 15, part of its bid to kickstart the disruption of the trust management market. In anticipation of this event, the group has initiated an options sale today guaranteeing Genesis Vision Tokens (GVT) at a specified price, also extending a range of incentives for investors.
Options sale benefits
Genesis Vision’s early investment program will take place in the form of an options sale, rather than a traditional pre-ICO campaign. Starting today, the first 20 percent of the maximum options cap guarantees their holders a 30 percent bonus, with the next 30 percent receiving a 20 percent bonus – the remaining 50 percent receive a 10 percent bonus.
Individuals interested in the bonus options or Genesis Vision’s platform are invited to read the whitepaper covering its ICO and all other elements of its development. The options sale will pave the way for an October launch of Genesis Vision via a landmark ICO campaign, specifically set up to address the most important issues raised by investors.
— Genesis Vision (@genesis_vision) September 6, 2017
The ICO and options sale helps address several potential concerns from individuals following similar projects for a long time – this includes those who fear they will be too late to invest resources in the project. Another well-known issue is that a large influx of transactions in the first minutes after the launch of the ICO creates difficulties for ICO investors and other Ethereum blockchain users.
Traditionally, the availability of early investment bonuses are often given not to actual first supporters, but to those who managed to be the first to carry out a transaction in the blockchain.
However, Genesis Vision’s option program will look to allay these concerns, guaranteeing the right to acquire GVT (Genesis Vision Token) at a specified price during the ICO. The option price is 5% of the desired amount of investment. On the first day of ICO, GVT will be sold to option holders only.