The Kinesis Monetary System

[TheCraMan]

🎙️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

[TheCraMan]

How to buy the KVTs step-by-step

[TheCraMan]

JOIN HERE

https://kinesis.money/en/

[TheCraMan]

The Kinesis Monetary System

Click to Play

Quite simply Kinesis is a currency based 1:1 on allocated gold and silver. We have created a decentralised monetary system that allows anyone to mint their own currency called KAU (gold) and KAG (silver).

The current monetary system is based on debt, Kinesis is based on physical holdings of precious metals. In this video we show you how that process works.

Read the philosophy behind the Kinesis vision here: https://kinesis.money/

Please follow us on our official social channels:

🔸Telegram | https://t.me/kinesismoney
🔸Twitter | https://twitter.com/kinesismoney
🔸Facebook | https://www.facebook.com/kinesismoney/
🔸LinkedIn | https://www.linkedin.com/company/kine...
🔸Medium | https://medium.com/@kinesis/
🔸Reddit | https://www.reddit.com/user/Kinesis_m...
🔸BitcoinTalk | https://bitcointalk.org/index.php?act...

[TheCraMan]

📢PUBLIC SALE HAS BEGUN — over $50million worth of Kinesis Velocity Tokens sold during pre-sale!📢

We’ve spent years refining an age-old monetary system for the digital blockchain age and today, you can secure your stake in it, for a limited time.

Our Kinesis Velocity Tokens (KVTs) are on sale now — keep an eye on our progress and see how many KVTs remain with our new tracker, which can be found on the Kinesis homepage: https://kinesis.money/en/

[TheCraMan]

TROUBLESHOOTING: What to do if you haven’t received your KVTs yet

Kinesis Velocity Token (KVT) public sale and issuance has begun, after our pre-sale ended in the early hours of this morning. Over $50million worth of KVTs were sold during pre-sale!

Please note — KVTs are non transferable until the end of public sale — any attempt to transfer KVTs out of your wallet will incur a gas fee, even though the transfer will fail.

In most cases, if you have paid but not yet received your KVT/s, we are either awaiting documents for compliance from you or you have not yet provided us with a valid eWallet address.

As is the case for most ERC20 tokens , your new tokens won’t be recognized unless your ERC20 wallet is set up for it.

Steps
To complete set-up and view your new KVTs, you can use MyEtherWallet.com or your MetaMask eWallet. Most of the steps you’ll need to follow will be similar to the ones below across various ERC20-compliant eWallets:

On MyEtherWallet.com, click on ‘View Wallet Info’ in the main menu

In answer to ‘How would you like to access your wallet?’ Select, ‘View w/ Address Only’.

Paste your wallet’s public address into the address field and click, ‘View balance’.
In the ‘Token Balances’ section, click ‘Add Custom Token’

Fill out the token details then click ‘Save’ when ready:

 Contract Address:  0x3a859b9ea4998d344547283c7ce8ebc4abb77656

 Token Symbol: KVT

 Decimals: 0

Once the above mentioned steps are completed, you will be able to see your KVTs.

For MetaMask

1. Launch and log into MetaMask

2. Go to the ‘Tokens’ tab

3. Click on ‘Add Token’ to see the token detail form

4. Fill out the token details then click ‘Add’:
 Contract Address:  0x3a859b9ea4998d344547283c7ce8ebc4abb77656
 Token Symbol: KVT
 Decimals: 0

5. Once you hit ‘Add’, you will be able to see the balance of your KVTs and they will be added to MetaMask. Similarly, you can add any ERC20 token to MetaMask anytime.

If you are still having problems, please email sales@kinesis.money

For further information on our public sale, visit: https://kinesis.money/en/

[TheCraMan]

Why invest in precious metals? Read our #opinion piece for third-party #data and #facts on the precious metals market:

https://kinesis.money/documents/translations/why-precious-metals-en.pdf

[TheCraMan]

How to avoid scams during our token sale

At Kinesis, our commitment to creating a revolutionary monetary system based on a 1:1 allocation of precious metals is unwavering. This is what drives our focus and desire to protect everyone interested in our token sale.

The information in this article is presented to protect you from the activity of scammers as we get ready for the Kinesis initial token offering (ITO), which launched yesterday (September 10, 2018). Please take the next few minutes to read through this post.

The global emergence of initial coin offerings (ICOs) has opened a new window through which scammers can extort money. Most of the identified scams are built around email address counterfeiting, website closing and substitution of ETH contribution addresses. These scams and fraudulent activities must be avoided, so we’ve provided you with recommendations to arm you with best practices for beating the scammers.

The Kinesis token sale has a contribution address, and this will be only become available once you apply online and complete KYC. Those who have expressed an interest in the token sale will receive the relevant link in their inbox.

Beat the Scams
It is recommended that you bookmark the Kinesis website on your web browser/s and always visit Kinesis via your bookmark. This will help you to avoid mistyping our URL and ensure that you avoid any cloned websites that provide fraudulent contribution addresses. The only real Kinesis website is https://kinesis.money/en/.

Results like kinesis.co, kinesis.io, or kineses.com can can be misleading. In the two examples provided, notice the ‘.co’ and ‘.io’. Kinesis is misspelled with an ‘e’ and has a ‘.com’ domain in the third website. These are all incorrect. Please be sure to only use: https://kinesis.money/en/.

Ensure that you don’t click on a URL without double-checking its authenticity and stick to bookmarks; unless you are clicking from one of our official social media channels, listed below.

Official Kinesis social media channels:
Telegram: https://t.me/kinesismoney

LinkedIn: https://www.linkedin.com/company/kinesismoney

GitHub: https://github.com/KinesisNetwork/kvt

Bitcoin Talk: https://bitcointalk.org/index.php?topic=4502836.msg40534216;topicseen

Medium: https://medium.com/@kinesis

Steemit: https://steemit.com/@kinesis.money

Reddit: https://www.reddit.com/r/Kinesis_money

YouTube: https://www.youtube.com/channel/UCXJEH6DxUixkTYhH4XxI7kQ

Twitter: https://twitter.com/kinesismoney and https://twitter.com/KinesisMonetary

Facebook: https://www.facebook.com/kinesismoney

Instagram: https://www.instagram.com/kinesis.monetary.system/

KakaoStory: https://story.kakao.com/_kC4G90

Tumblr: https://www.tumblr.com/blog/kinesismoney

This article is a reference material you can always check out in future. So, why not bookmark it now!

Social media posts
Our contribution address is not posted on social media or on community pages. So if you see a contribution address for Kinesis on social media, it is fraudulent.

Some scammers claim to be team members on Telegram and other channels, in order to deceive others.

The official Kinesis team Telegram handles are:

@TomCoughlin

@EricMaine

@rmelbourne

@jaibiff

@ryancase

@andreastbruce

@zbukhari

@Danish_ak

@RC_ABX

The official admins of the Kinesis Telegram are:

@ctharvey

@Tony_nss

@Rahulballi96

Emails
Fraudsters now send emails that show Kinesis in the ‘sender’ field. These emails are not from us. The only email address structure we use is:

xxxx@kinesis.money

Do not be satisfied with ‘kinesis.money’ appearing on the sender’s address line- check for spelling errors or differences.

Let us know
If you come across anything strange in you emails, kindly reach out to us via email (sales@kinesis.money), or via PM on Facebook, Telegram, or Twitter.

Avoiding scammers does not require much from you. Continue to be vigilant, double-check emails and URLs and follow the guidelines specified above.

We look forward to seeing you participate in our token sale and we wish you a fraud-free investing experience.

[TheCraMan]

How can blockchain help countries similar to Venezuela/unstable economies?
 
Blockchain can help countries that are impoverished by providing a currency to replace a government issued curries that are unstable. A project that excels are doing this is Kinesis. Their token is back at a 1:1 ratio with precious metals, making it a secure store of value.

Check out their website here:
https://kinesis.money/en/

[TheCraMan]

Ivan On Tech is live right now, talking to our CEO Thomas Coughlin, about the Kinesis Monetary System

watch the interview and ask questions via Ivan's YouTube Live stream: http://bit.ly/2x9NX9N

[MChain]

Who is this marvellous voice actor who narrates Kinesis youtube video? Wonderful job

[TheCraMan]

We're in City AM newspaper again today!!!

Read it here:

http://dev2.cityam.com/assets/uploads/content/2018/09/cityam-2018-09-18-5ba03b7d9b81f.pdf

[tttuida]

ICO Analysis: Kinesis Velocity Token
Published on September 12, 2018
By Daniel Won
Proof: https://hacked.com/ico-analysis-kinesis-velocity-token/

Team
CEO Thomas Coughlin: Coughlin is the CEO at Allocated Bullion Exchange, an exchange for allocated physical precious metals.
CSO Eric Maine: Maine is the chief strategy officer at Allocated Bullion Exchange.
Soumya Reddy: Reddy has worked as a senior software engineer at SLK for four years, a technology and consulting company.

Partners
The Allocated Bullion Exchange: ABX is a gold exchange which allows investors to buy and sell precious metals since 2013. Many Kinesis team members have worked or have been working for ABX.

Verdict
Below is a breakdown of the risks and growth potential of Kinesis Velocity Token.

Risks
    A hard-cap of $300,000,000 might be justifiable for a project with ambitious goals such as Kinesis, yet together with sequel ICOs planned for the future, the amount raised will be even higher when all is said and done. This might leave less room for token appreciation. (-1.5)

Growth Potential
    Due to the mechanism of the buy-back program, token holders’ further possible losses shall be mitigated to some degree. (+1.5)
    Distributing 20% of transaction fees to KVT tokens creates a truly great incentive to hold tokens. (+3)
    Kinesis is planned to be a whole monetary ecosystem at the end and the team seems capable to deliver. (+2)
    Backed by ABX, adoption to a certain degree can be expected. If the distribution of transaction fees goes without any problem, even higher adoption can be expected. (+1.5)

Disposition
Central banks hold the right to print money as much as they like which creates devaluation of national currencies. Even if people deposit their money in order to mitigate losses, usually interest rates offered by banks are lower than price inflation. The Kinesis team thinks that this can be solved by a platform backed by traditional stores of value such as gold and silver. Aiming to create a complete monetary ecosystem, the first cryptocurrency the team introduces is Kinetic Velocity Token. The buy-back program and the distribution of transaction fees create huge incentives to hold KVT tokens even in the presence of great price volatility. Still, the investor should note that the platform is looking to raise $300,000,000 which can deter investors planning to participate in the ICO. Kinesis Velocity Token receives a 6.5/10.

Investment Details
   Type: ERC20 – Utility
    Symbol: KVT
    Platform: Ethereum
    Crowdsale: September 10th
    Minimum Investment: $1,000
    Price: $1,000
    Hard Cap: $300,000,000
    Payments Accepted: ETH, BTC, AUD, USD
    Restricted from Participating: Unspecified

[TheCraMan]

https://kinesis.money/documents/translations/research-article-en.pdf

[TheCraMan]

We’ve been featured in the Raconteur supplement, found in The Times newspaper today. Read up on the detail of how we’re “…using blockchain technology to reintroduce gold as the currency it once was…”:

Read It Here:

http://bit.ly/2Ofmmi2

[TheCraMan]

“The future of cryptocurrency may very well rely on the fusion between traditional stable stores of value such as gold and silver to eliminate volatility.”

This morning, the second in a series of thought leadership pieces on ICOs, the blockchain and crypto by our CMO Jai Bifulco was published in City AM newspaper — Scroll to page 21 and read the full piece here: http://bit.ly/2xNg3YU

[TheCraMan]

Gold-Based Monetary System to Bring Price Stability to Crypto, Preventing Value Decrease

https://cointelegraph.com/news/gold-based-monetary-system-to-bring-price-stability-to-crypto-preventing-value-decrease

Gold-based monetary system Kinesis aims to bring price stability to the world of cryptocurrency and to prevent the decrease of its value. The company says it has already attracted interest from key players in the gold industry, which is estimated at $6.8 trillion only on London’s gold market (70 percent of the global trading volume).

After the gold standard that once defined the value of currencies was abandoned in the 20th century, the monetary system became dependent on central banking policies. The Kinesis team decided to create its own “efficient, secure and fair monetary system” based on two of the most stable commodities in the world — gold and silver.

“There is [approximately] $15 trillion in gold traded every year, creating exceptional but untapped potential for investment and exchange if gold can be remonetized. Adding a yield to this exchange multiplies this potential exponentially,” says Thomas Coughlin, CEO of Kinesis.

Kinesis offers digital currencies based 1:1 on allocated physical gold (KAU coins) and silver (KAG coins). When users purchase Kinesis currencies, they actually purchase real metal. The ownership of the gold is digitized with blockchain technology, which allows the user to hold or transfer currency from their Kinesis e-Wallet. The Kinesis debit card allows the owner to make the instant conversion of KAU and KAG into fiat currency and spend cryptocurrency all around the world. The company states that, unlike other cryptocurrencies, the transactions through the Kinesis system will take just two to three seconds as a result of their bespoke fork of the Stellar network, which is able to withstand over 3,000 transactions per second. Kinesis believes KAU and KAG currencies could be used in day-to-day purchases  like buying a cup of coffee or even buying a car. Besides paying the bills, the Kinesis Monetary System can be used for managing international payments with lower transfer rates offered by banks and other international payment services.

Another option offered by the network is the ability to trade holdings on the Kinesis Blockchain Exchange. The cryptocurrencies can be transferred back to physical gold or silver as the system generates a 0.45 percent fee when these are transferred between the holders, accumulating in a pool to be distributed back to users of the system in the form of a yield.

Kinesis was founded by the Allocated Bullion Exchange (ABX), the world’s first electronic, institutional bullion exchange for physical precious metal. Which gave the new blockchain-based fintech company an exceptional start: extensive infrastructure and a fully operational exchange built for the trade and storage of physical bullion in seven locations around the world. The new — but experienced — startup is able to “bring back a truly decentralized, [digitized] stable asset, based on blockchain technology,” Kinesis says.

ITO Launch

Kinesis is currently in the public sale phase of their Initial Token Offering (ITO) of its Velocity Token (KVT), which will be the first cryptocurrency made available by the startup’s team. KVT is a utility token and is not backed by a physical asset but rather a whole monetary system.

With KVT, investors can get a share of the transaction fees generated by the system (maximum 20 percent). This income is distributed to holders of 300,000 KVT, and company promises there will be no future dilution.

According to Kinesis, there is a high demand of its first tokens. Kinesis says it raised over  $50 million just in their presale period by selling over 55,000 KVT.

[KnyazED]

Kinesis is already rated by Cryptolaboratory. All facts are here. Don't miss it!

so I think it's a great job. It's worth praising the author. Thanks for the valuable information. she is important.

[TheCraMan]

The Birth Of A New Cryptocurrency

While we’re usually not crazy about jumping in the cryptocurrency Kool-aid, a new type of crypto just being birthed called Kinesis caught our eye. This emerging crypto is based on gold and silver…so already it sounds a little different, right? To learn more about Kinesis and just how a new cryptocurrency is birthed, we invited CEO of Kinesis, Thomas Coughlin down to the basement to give us the fundamentals. What makes them different? Why launch a new one when so many others already exist? How do you keep your crypto-money from being stolen? We’ll ask these questions and many more today.

https://www.stackingbenjamins.com/the-birth-of-a-new-crypto-currency/

[TheCraMan]

The eurozone’s third-largest nation has plunged into deep political and economic crisis, which has become a concern for the European Union (EU) as well as for the global markets. At the end of Sept. 2018, the ruling coalition comprising the Five Star Movement and the Lega Nord announced their 2019 budget, which increases deficit spending to 2.4 percent of the GDP. The move has upset Italy's euro zone partners, who had been pressuring Italy to decrease its debt.

Read more: All About the Italian Economic Crisis of 2018 | Investopedia https://www.investopedia.com/news/all-about-italian-economic-crisis-2018/#ixzz5SsY824rH

How the blockchain is changing money and business

How can Kinesis Help?