The Kinesis Monetary System

[ajameson1204]

https://seekingalpha.com/instablog/48782150-eclamoureux/5169726-creating-stable-pricing-cryptocurrencies

Here's a fantastic article to read more about cryptocurrencies and being gold backed!!

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[TheCraMan]

Creating Stable Pricing In Cryptocurrencies


Cryptocurrency prices are fluctuating on a daily basis.

Prive valuation between traditional and cryptocurrency market caps.

Cryptocurrencies are known to fluctuate for a variety of reasons.

It is not unusual to see the price of a cryptocurrency decline 5% and then go up 10% later that day. The blockchain and cryptocurrency industries are still in their early stages and are not even ten years old yet. Unfortunately, the nascency of the industry makes it easier for fraud, manipulation, and collusion to occur. The more often these factors are present, the more likely it is for cryptocurrency prices to fluctuate.

https://seekingalpha.com/instablog/48782150-eclamoureux/5169726-creating-stable-pricing-cryptocurrencies

[nhinhannhit]

Head of Sales and Trading, Ryan Case, gave a fantastic presentation on Kinesis which was well received by blockchain enthusiasts at the 2018 Blockchain Expo in Amsterdam earlier this week.

[RualSimon]

Head of Sales and Trading, Ryan Case, gave a fantastic presentation on Kinesis which was well received by blockchain enthusiasts at the 2018 Blockchain Expo in Amsterdam earlier this week.

[Payal_techy]

Glad to know that. Wish you all the best with your coin. I would like to suggest you to consider listing your coin on ICO Guide https://www.icoguide.com/en so as to get better response as well as to attract potential investors.

[James19_402]

Stablecoins are all the rage, but creating a cryptocurrency free of volatility, and thus useful for transactions, is a real challenge.

I truly admire the way the Kinesis Monetary System works to build solutions to many problems in the crypto space into the architecture. The team has thoroughly troubleshot every conceivable problem and hardwired the solutions to each into the coin. Because the tokens for the company is guaranteed by gold; it does not depend upon national currencies like others. It is backed 1-to-1 with bullion purchased at the time of crypto mining. The coin owner actually has title to the underlying. And the best part is the gold is not just any old gold. Kinesis utilizes ABX, a top company! I really admire the way Kinesis is working to establish a fully-operational, holistic monetary system, one that takes the stability of the traditional models and marries them with the strengths and efficiency of crypto components. It is an evolution of what exists rather than a blind leap forward. The future is here.

https://thisisoliver.co/2018/06/13/simplicity-through-complexity/

[James19_402]

Today we have an update on the rollout of the Kinesis Monetary System, which utilizes physical gold and silver as its foundation. Please be sure to listen to this audio

https://www.tfmetalsreport.com/podcast/9062/kinesis-monetary-system

[Kinesis.money]

[Calula]

Hi guys, nice advertising platform. Are you still active? Or have the ico closed and I'm late?

[James19_402]

Every time Kinesis is featured in any publication is a step in the right direction. Getting the name out is so crucial to the success and building of momentum to a strong sale. (Which is happening soon!) Tom Coughlin is doing a great job of promoting organically and drawing in a strong base of investors. Great job team, looking forward to the next thing to come for this great coin.

Check out this podcast with Future Tech Podcasts and Tom Coughlin - CEO at Kinesis

https://www.spreaker.com/user/futuretechpodcast/tom-coughlin-ceo-at-kinesis

[James19_402]

Great to see Kinesis get the recognition it deserves. With the sale approaching soon, I am getting even more excited with every new publication and interview. The team is so focused and driving this coin exactly where it needs to be and building a solid foundation for gold-backed coins. So wonderful every time Kinesis is in the light.

The Bubba Show podcast on Kinesis: The Future of Money


https://libertytalk.fm/kinesis-the-future-of-money/

[James19_402]

Another great interview with the CEO. Kinesis is everywhere! Such an exciting time to join in this great project. He touches on some really good aspects and it makes for a great listen. The future for Kinesis is looking mighty bright.

https://www.crushthestreet.com/videos/live-interviews/merging-gold-blockchain-before-kinesis-ceo-thomas-coughlin-explains

[minhdang2212]

This system combines new world decentralized technology with the oldest, fairest, and most sustainable form of money, to empower and serve the interests of us all equally and capitalistically.  More importantly, analysis is provided that specifically highlights Kinesis’ unique currency specifications and quantitatively proves the concept behind incentivized multifaceted yield system. These features differentiate Kinesis as a stable, useful, secure, and rewarding platform to facilitate commerce.

[TheCraMan]

The first introductory webinar explaining the Kinesis Monetary system and the Kinesis Velocity Token (KVT).

WATCH IT HERE

https://www.youtube.com/watch?v=xeONDCVNa6s

[TheCraMan]

Kinesis: A unique gold-backed cryptocurrency

The Kinesis system is an evolutionary step beyond any current monetary system available in the world today. In my view, this project is poised to unite the best aspects of the monetary world into one easy-to-adopt currency. 

Read here to know how Kinesis seeks to usher an entirely new monetary system.

https://steemit.com/money/@hanse/a-new-crypto-backed-by-gold-silver-with-interest-yields

[TheCraMan]

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.

https://cointelegraph.com/news/platform-to-allow-users-to-spend-metal-based-crypto-using-a-debit-card

[James19_402]

Don't miss out on the Kinesis sale in 12 days. Whitelist now!

Be sure to sign up now, dont miss out on the discount before Sept. 9.

https://kinesis.money/individual_kvt_application.html

[TheCraMan]

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.

The KCX is an online trading platform modelled on the ABX trading platform called Metaldesk with ABX’s consent. The image shown below is the user interface for the KCX trading platform which requires a deposit of USD into a trading account to enable the purchase of an available block of Kinesis KAU or KAG, and the resulting emission of the coins into the minter’s Kinesis eWallet.

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

[zuzuca]

ok...this is indeed interesting. i need to process a little more the idea of a token backed up by something real and how that can the price of the token.

[TheCraMan]

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!

http://bit.ly/2PNlUWt