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Author Topic: The Kinesis Monetary System  (Read 12641 times)
chronus1123
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November 26, 2018, 08:46:37 AM
 #261

Kinesis suite of digital currencies have been developed  for ongoing use in everyday life across the world.
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Animunie
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November 26, 2018, 09:07:09 AM
 #262

So basically the Kinesis team offers a solution to the volatility problem by introducing an asset-backed digital currency combining blockchain technology with two of the greatest stable and definable stores of value, gold and silver.
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November 26, 2018, 10:15:01 AM
 #263

So basically the Kinesis team offers a solution to the volatility problem by introducing an asset-backed digital currency combining blockchain technology with two of the greatest stable and definable stores of value, gold and silver.
And then everyone might be wondering, why not just go for actual gold and silver instead? Well, the developers plan on making their system give yield to these precious metals, incentivizing their use.
marina101
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November 26, 2018, 10:18:20 AM
 #264

So basically the Kinesis team offers a solution to the volatility problem by introducing an asset-backed digital currency combining blockchain technology with two of the greatest stable and definable stores of value, gold and silver.
And then everyone might be wondering, why not just go for actual gold and silver instead? Well, the developers plan on making their system give yield to these precious metals, incentivizing their use.
Only shows that they have great system. And one more thing I found out about Kinesis is they have concept of backing a blockchain-based currency with precious metals has been implemented before. In fact, there is a literal gold rush happening now in the crypto world, and even countries are looking to issue their own gold-based cryptocurrency.
ALFA20
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November 26, 2018, 10:47:55 AM
 #265

I am glad to know that Kinesis has partnered with MBAex. All investors who invest in MBAex got a high profit with their tokens, that's why MBAex community are very happy.
Stacy18
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November 26, 2018, 11:01:10 AM
 #266

Kinesis is very well organized and up to date on important announcements. i am glad to be part of this project. looking forward for the success of this project!
TheCraMan
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November 26, 2018, 12:11:34 PM
 #267

MBAex partnership amplifies global access to Kinesis

MBAex, the largest blockchain assets trading platform in Southeast Asia with over 1.3 million users, has announced a Memorandum of Understanding (MOU) with Kinesis Money. The partnership is in line with MBAex’s vision to promote the use of blockchain assets that are safe and stable in value.

Kinesis Money is an evolutionary monetary system that uses real assets (gold and silver) as the basis for digital currencies. These currencies provide a 1:1 allocation of physical bullion, and the transaction fees accumulated whenever the currencies are sent, spent or traded are proportionately redistributed to Kinesis currency and token holders, incentivising use.


Holders of the Kinesis Velocity Tokens (KVT), currently being offered in an Initial Token Offering, receive the highest share, being 20 percent of the proportionate share of these fees.

MBAex are torchbearers for good governance within the industry, being fully compliant with anti-money laundering laws. Additionally, by integrating best practice from the banking industry, MBAex applies a variety of measures to ensure security. This includes industry principles including two-factor authentication, cool stockpiling and tracking to ensure end-to-end security in transactions. By listing the Kinesis digital currencies on their exchange, MBAex will engage participants looking for options which are both stable and secure.

MBAex also combines the concept of forex brokerage with blockchain asset trading; a powerful combination to encourage a rise in transaction and trading volumes of Kinesis digital currencies. This will allow Kinesis Money to cement its place in Southeast Asia and build on this solid foundation for enhanced global access.

Sebastian-Ionut Diaconu, Chief Executive Officer at MBAexcomments: “MBAex is pleased to announce this MOU, with the aim of delivering a superior stablecoin offering to our client base.

The new Kinesis currencies, KAU and KAG, are representative of physical gold and silver and can even be redeemed as such. With delivery locations for the underlying precious metals behind the Kinesis currencies including Singapore and Hong Kong, we see a great value-add for our clients.

We are also pleased to be discussing with Kinesis the listing of the KVT on MBAex. We see the big potential of the Kinesis currencies and the KVT gives our traders the opportunity to participate in the success of these.

Ryan Case, Chief Commercial Officer at Kinesis Money comments: “The Kinesis digital currencies, KAU and KAG, provide audited, liquid and secure stablecoins, with real-world utility, for traders on the MBAex exchange. This partnership opens up the Kinesis digital currencies to a large pool of new participants, amplifying our access to global markets and showing the continuing interest in and adoption of our currencies.

Bryan Feinberg, CEO & Founder of Etheralabs comments: “we are thrilled to be part of the both the structuring and execution of this partnership as it represents deep value for both companies and the communities each represents.

About Kinesis Money

Kinesis is a monetary system which is based on the traditionally stable commodities, gold and silver. The Kinesis Monetary System allows participants to mint their precious metals onto the blockchain using a bespoke process developed by Kinesis in partnership with Allocated Bullion Exchange, abx.com. Participants can then spend this physical bullion using the Kinesis debit card and the Kinesis eWallet. This system is made safe and reliable by strategic and technical partnerships with an institutional precious metals exchange and others. The Kinesis Velocity Token is a utility token attached to the success of the Kinesis system, providing participants with a 20% share of all the transaction fees generated proportionate to their holdings of the limited 300k supply. Over 60,000 KVTs have been sold to date and are currently for sale to the public at USD1,000/KVT. KVTs are now in the public sale period, ending in March 2019. More information available at kinesis.money.

About MBAEX

Established in Cyprus as MBAEX ONLINE PTE. LTD. (MBAex), MBAex is a cryptocurrency-trading platform which utilizes blockchain technology to manage digital currency transactions. We are a platform that enables merchants and consumers to conduct trading on popular blockchain assets and digital currencies Our Company is comprised of professionals from Europe, Southeast Asia and China, with extensive background and experiences in foreign exchange industry, banking industry, blockchain asset management and other financial technology industry.


Animunie
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November 26, 2018, 12:21:36 PM
 #268

So basically the Kinesis team offers a solution to the volatility problem by introducing an asset-backed digital currency combining blockchain technology with two of the greatest stable and definable stores of value, gold and silver.
And then everyone might be wondering, why not just go for actual gold and silver instead? Well, the developers plan on making their system give yield to these precious metals, incentivizing their use.
Only shows that they have great system. And one more thing I found out about Kinesis is they have concept of backing a blockchain-based currency with precious metals has been implemented before. In fact, there is a literal gold rush happening now in the crypto world, and even countries are looking to issue their own gold-based cryptocurrency.
There are quite a few projects currently working on resurrecting the gold standard in our digital era. Airgead, Egold, GoldVein,
Darico and AURUM X are among Kinesis chief competitors to name just a few. So let's keep supporting Kinesis!
marina101
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November 26, 2018, 12:25:13 PM
 #269

The Kinesis protocol is forked off the Stellar blockchain which means that it should carry all competitive advantages that Stellar has, such as low fees and high speed of processing the transactions.
chronus1123
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November 26, 2018, 12:50:23 PM
 #270

 The Kinesis Debit Card will enable those who hold Kinesis to spend this precious metal-based currency with ease. Kinesis holders may also exchange Kinesis for other Fiat currency at will. A game changing digital monetary system, making precious metals available in everyday transactions once again.
ALFA20
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November 26, 2018, 01:05:45 PM
 #271

Kinesis suite of digital currencies have been developed  for ongoing use in everyday life across the world.

I agree, with kinesis you can go all around the world with your money safe.
Ellie Tinmar
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November 26, 2018, 01:14:47 PM
 #272

Kinesis monetary system the idea is that Gresham's law can be defeated because of high incentives for owners of KAU/KAG to sell or spend (rather than use fiat) because Kinesis provides real returns/yeilds for using the system, resulting in higher velocity.  Why would you use fiat when you can make a return for using KAU/KAG instead.
tinalucian
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November 26, 2018, 01:28:44 PM
 #273

I like this project coz Kinesis Monetary System gives yield to these precious metals by attaching multiple yields for varying degrees of passive or active participation
Animunie
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November 26, 2018, 01:33:02 PM
 #274

I like this project coz Kinesis Monetary System gives yield to these precious metals by attaching multiple yields for varying degrees of passive or active participation
You've got it right and not only that Kinesis features differentiate Kinesis as a stable, useful, secure, and rewarding platform to facilitate commerce. Isn't it that exciting?
marina101
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November 26, 2018, 01:37:26 PM
 #275

I like this project coz Kinesis Monetary System gives yield to these precious metals by attaching multiple yields for varying degrees of passive or active participation
You've got it right and not only that Kinesis features differentiate Kinesis as a stable, useful, secure, and rewarding platform to facilitate commerce. Isn't it that exciting?
And to support the use of the currency the Kinesis team has come up with several auxiliary products the Kinesis Debit Card, the Digital Wallet and the Kinesis Blockchain Exchange.
Stacy18
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November 26, 2018, 02:17:58 PM
 #276

Kinesis is a bit similar to glintpay, where you can save, spend and store a gold, but of course Kinesis is much bigger than glintpay.
Ellie Tinmar
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November 26, 2018, 02:32:30 PM
 #277

In most crypto platform unsold token will be burn, but here in Kinesis unsold token will be retained to allow opportunities to purchase further KVT at a later date.

maybe because they have Up to 300,000 tokens. that's why they will retained, than burn the unsold token.

How does the team expect the token to increase in value with a 300,000 hardcap without burn mechanic?
Ellie Tinmar
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November 26, 2018, 02:50:56 PM
 #278

if you want a quick answer  to all your question just go to their telegram https://t.me/kinesismoney but be careful because there are existing fake telegram of kinesis.
Yes I noticed that there is also some Telegram channels that are using the name of Kinesis system to lure some investors in and by that the real channel will be chased by some investors who got scammed.

Because kinesis is now popular, the scammers are coming out to play, always remember that kinesis team will not be the first to contact us.
ALFA20
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November 26, 2018, 03:00:40 PM
 #279

Digital gold on the blockchain with the kinesis monetary system would hepl so many around the world right now.
marina101
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November 26, 2018, 03:08:15 PM
 #280

Digital gold on the blockchain with the kinesis monetary system would hepl so many around the world right now.
Kinesis Monetary System aims to deliver an internationally fungible monetary system designed to give back to those who participate and thus, create a solution for the global need for sound, reliable money.
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