🎙️UPDATE: Kinesis x City AM’s Barry E James “We’ve created two unique currencies…”
ICO Radio invited our Head of Sales and Trading, Ryan Case, to chat with host Barry E James (ICO Radio, City AM) about the Kinesis Monetary System, the Kinesis debit card and what we see as the (near) future of money.
Listen here: http://bit.ly/2wxcfeq |
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Yeah it's hard to make a discernable difference in today crazy competitive market. I guess its all about making the right steps regarding this business
Rest Assured the Ultra team will be making all the right steps. Thank you for your support. |
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BREAKING: Kinesis x Bitcoin We are proud to announce that we are now accepting Bitcoin as a form of payment; so there are even more ways to stock-up on the Kinesis Velocity Token (KVT) before our ICO; which is just eight days away! |
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How are KAU and KAG coins created? Purchasing KAU and KAG with USD Kinesis coins in the KAU and KAG currency systems are minted into existence from the Kinesis Currency Exchange or KCX. Kinesis currencies are a representation of physical precious metals which back the cryptocurrency 1:1, ie 1g gold to 1 KAU and 10g Silver to 1 KAG. The existence of the physical precious metal results in the availability of the Kinesis coins themselves.
In the KCX platform a minter is able to purchase a block of the Kinesis coins using USD deposited into their trading account. These Kinesis coins are then emitted into their Kinesis Wallet simultaneously as the equivalent amount of backing precious metal is purchased.
See image of the trading interface in the Kinesis Currency Exchange where blocks of kinesis can be purchased.
On the purchase of a block of Kinesis, an automated process is triggered whereby the kinesis coins are immediately transferred into the minter’s kinesis wallet and the equivalent amount of physical bullion is purchased within the Allocated Bullion Exchange (ABX).
The minter is then free to proceed with any transactions using these recently minted Kinesis coins through use of their Kinesis wallet and the Kinesis suite of applications available.
Rosalyn Charlton
CTO, Kinesis Ltd |
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If I look at the current competition is indeed getting tougher, because a lot of new projects are popping up and offers interesting features. and I hope the team can create ideas and strategies more steadily again so that this project can captivate the attention of many investors.
Updates and news will always be shared here and in Telegram. |
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encrypted All within one easy-to-use platform and the society token economy using them are very interesting.
I am particularly interested in the ease of use of massage tool & storage.
Thank you for your support!!! |
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Btw, іts stіll gооd tіmе to buy, thе рrісе will go uр еvеn mоrе soon. Marketіng will fоllоw the рlаtfоrm rеlеase. Wіsh thе dеvеlореrs gооd luck and suссess!
Price will go up? Where do you see it being sold. Not on Idex, not even on Bancor, hardly on Forkdelta too... Please note, we cannot speculate on price. |
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Hi all,
We received several messages from those of you who signed up for TILEdrop saying you did not receive TILE. Not all TILEdrop whitelisted people/ applicants were approved for TILEdrop. There are three reasons in which you would not have received TILEdrop:
1. Your KYC/AML process turned up 1 or more hits
2. You did not enter a valid ETH address in your application
3. TILEdrop is first come, first serve (provided you pass KYC/AML and provided a valid eth address) and you may not have received tokens due to the TILEdrop token being completely allocated by the time yourapplication went through the process
We received tens of thousands of applicants for TILEdrop and greatly appreciate the turn out and enthusiasm! If you were unable to get TILE this time around, you will be able to get them when you purchase a TILE enabled product and sell your data for tokens on the app!
Thanks again for all the support and we look forward to making this product bigger and better!
-The LOOMIA Team |
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FortKnoxster 2nd Update of August: Thousands of New Members, WDF 2018 |
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Momentum Protocol Partnerships Hammerteam - Momentum Protocol - South Korean Government cooperation in the blockchain area.
During a visit of a high-level delegation from South Korea this week in Switzerland, a concrete cooperation was sealed: Song Kyeong-chang, Vice-Governor of Gyeongsangbuk-do.
Province, Swiss businessman Ariel Lüdi, founder of the Hammer Team - hammerteam.com and chairman of the blockchain infrastructure company Momentum Protocol and Eyal Oster President and founder of MobileBridge Momentum have agreed on a three-year cooperation. |
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The FortKnoxster team's technology is good, but the coins lack the necessary market capitalization management, and the current FKX coin price is very disappointing to investors.
I understand what you mean. But please keep in mind the tokens were always a utility tokens to be used as outlined in the whitepaper. The FortKnoxster team is working very hard towards the long term success of the project. |
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Ultra team we are waiting a great news!!!.
I am so proud of this project and the team behind the project . The team is fully dedicated and they believe In the project , have the knowledge to work it and to have great success.
Thank you for your support. All news and updates will be shared here and on Telegram. |
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Loomia Tile distribution The Tiles are currently being distributed. If you haven’t received your tokens after 72 hours, please email token@loomia.com with the subject TOKENS NOT RECEIVED. Be prepared to provide full name, ETH address, token amount and SAFT if applicable. Tile drop participants will receive 3500 Tiles each. |
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Week 20–26th of August short overview and next week plans
Hello! Here are the last week summary and next week plans: |
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i have never saw any link to this exchange anywhere. time will tell if they survive in the exchanges jungle  that's how it is))) the exchange is not the first day and only the community knows about it The lauch of the exchange has been announced many times, here, on Reddit and in Telegram. |
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Platform to Allow Users to Spend Metal-Based Crypto Using a Debit Card
A new monetary system is aiming to overcome the “severe price volatility” which has made cryptocurrencies unappealing to use as tender — creating two primary digital currencies which are based on gold and silver. Kinesis says these currencies — known as KAU and KAG — are based one-to one on allocated physical gold and silver. This means that the full, direct title to the bullion backing these coins is held by the person who owns the cryptocurrency. These coins can be loaded on to a debit card and instantly converted into fiat for payments to merchants who accept Visa and Mastercard, and the company says users will also be able to withdraw funds from cash machines.
In explaining its rationale for using gold and silver as the basis for a digital currency, Kinesis described these assets as “two of the greatest stable and definable stores of value for trade and investment.”
A proprietary blockchain network has been developed for Kinesis’s monetary system, which is forked off the Stellar blockchain — and the team behind the platform says its users stand to benefit from “very high” transaction speeds and customizable fees. Yields for participation Kinesis says that passive or active users in its ecosystem stand to gain a yield for their participation — and the company has split this into four distinct categories.
The first is known as the Minter Yield. When a user converts their fiat currency or physical bullion holdings into KAU and KAG coins — a transaction that can be completed on the platform’s Primary Market — they receive a five percent share of the transaction fees on the coins they create and use. Users also earn the same share when they make their first deposit into a Kinesis Wallet, and this is known as the Depositors’ Yield.
In a nod to passive participation, the Holder Yield enables owners of KAU or KAG coins to receive a 15 percent share of the transaction fees generated while they hold these currencies. Although this is calculated on a daily basis, the yield is credited to their wallet once per month. Users will also be incentivized to invite new customers to join the Kinesis platform, receiving a Recruiter Yield when someone has been successfully referred. “An evolutionary step” Kinesis’s founder, Tom Coughlin, is the chief executive of Allocated Bullion Exchange (ABX) — a company which says it aims to “connect and empower an international network of buyers and sellers by offering direct access to the wholesale bullion market.”
Much of the infrastructure that is going to be used for Kinesis — the technology used for minting silver and gold and storing it in physical vaults — already exists, and the company says it has been successfully used by ABX for a number of years.
Kinesis says it has four target markets in mind for its monetary system. The first is the precious metal market, where it is hoped that investors would become incentivized to use these assets if they had a yield attached to them. The company also hopes to appeal to the cryptocurrency market, and believes KAU and KAG coins could become a solid replacement for “questionably backed and non-yield-bearing coins.”
A presale for the Kinesis Velocity Token, an ERC-20 utility token, is taking place until Sept. 9, with an Initial Token Offering running from Sept. 10 to Nov. 11. The pre-ICO runs from Nov. 12 to Feb. 28, 2019, paving the way for the public Initial Coin Offering to commerce on 1 March 2019. |
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How is your project different from the Refereum project? What are your advantages?
I personally am not familiar with the Refereum project, buy you can read Ultra's whitepaper here: https://bit.ly/2LICqJ0 |
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i have never saw any link to this exchange anywhere. time will tell if they survive in the exchanges jungle The link to the exchange can be found here https://exchange.gbx.gi/#/login |
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idex volume Last Price 24hr H 24hr L 24hr Change
0.00015097 -- -- 0%
it is asked why such exchanges, and so for a week, there are simply no purchases and sales
Trading volume of ROCK token is $2k now. Not sure if people are interesting in trading in this platform. For now, didn't get any feature that will push this exchange to the TOPs Team behind this project is very impressive and have a quite wide experience. GSX is working not a 1st year. Be patient, they will deliver. Big company can't be built within a month or year.. for this reason there were investments in this project, but in fact people do not have an interest in buying a coin, there is not a volume and there are no new exchanges that will give the project liquidity, the team and their robot have no questions GBX will have some updates coming soon, we will be keeping the community in the loop. yes of course, any and all updates will flow through here as well as the main Telegram channel and the telegram ANN channel. https://t.me/GBXCommunity , https://t.me/GBXannouncementslooking forward to! you can hint in which channel will be updated? we as a community should also spread the word about ROCK token |
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idex volume Last Price 24hr H 24hr L 24hr Change
0.00015097 -- -- 0%
it is asked why such exchanges, and so for a week, there are simply no purchases and sales
Trading volume of ROCK token is $2k now. Not sure if people are interesting in trading in this platform. For now, didn't get any feature that will push this exchange to the TOPs Team behind this project is very impressive and have a quite wide experience. GSX is working not a 1st year. Be patient, they will deliver. Big company can't be built within a month or year.. for this reason there were investments in this project, but in fact people do not have an interest in buying a coin, there is not a volume and there are no new exchanges that will give the project liquidity, the team and their robot have no questions GBX will have some updates coming soon, we will be keeping the community in the loop. |
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