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Author Topic: Kinesis THE EVOLUTION OF THE GOLD STANDARD  (Read 123 times)
TheCraMan (OP)
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July 30, 2018, 05:04:02 PM
 #1

What is the Kinesis Yield System?

At Kinesis, we believe that users should have total control over their money and also be rewarded for using it. This is why the Kinesis system features a never-before-seen multifaceted velocity-based yield system that incentives users by attaching multiple types of yield for different degrees of passive or active participation.

The yield system works as follows: every user earns financial rewards based on both their participation in the Kinesis system and the overall velocity of the Kinesis currencies. In layman's terms, you receive money for your transactions as well as for the overall rate of money changing hands throughout the system.

An exciting detail regarding the yield system is that it provides a great incentive for using Kinesis currencies, which means that Kinesis circumvents an important problem surrounding fiat monetary systems, namely the continuous need to devalue currency and inflate prices in order to stimulate monetary activity.

Kinesis is a trustworthy stabilizing force in a cryptocurrency sphere that direly needs one, which should further drive up the velocity. In essence, this means that Kinesis will provide a suitable replacement to the highly controversial Tether token, as Kinesis offers a stablecoin, as well as liquidity provided by participants from the bullion industry, and a greater incentive to trade capital. Given that Tether's velocity rate averaged at 199% per day during 1 December 2017 and 17 January 2018, we expect Kinesis to perform just as well, if not better


You can find more information on the Kinesis yield system by following this link:
https://kinesis.money/documents/whitepaper.pdf
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TheCraMan (OP)
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August 01, 2018, 01:54:32 PM
 #2

Kinesis Monetary System: The Components in a Nutshell
1. Kinesis Currency Exchange (KCX): This is the wholesale market where the Kinesis currency is created and minted. The Allocated Bullion Exchange (ABX) is the backbone of the Kinesis Currency Exchange. ABX is an institutional centrally cleared exchange with deep liquidity and connectivity into global wholesale trading organisations.

2. Kinesis Blockchain Network (KBN): KBN is forked on the Stellar Network and is the underlying blockchain technology upon which the Kinesis cryptocurrencies is built. Kinesis currencies can be transacted through KBN. Coins purchased on KCX are emitted into the KBN with yields based on money velocity.

3. Kinesis Blockchain Exchange (KBE): This is the blockchain exchange where Kinesis and other digital currencies can be traded. This is currently being developed internally by the Kinesis team to ensure deep liquidity for Kinesis currencies.

4. Kinesis Financial Network (KFN): The KFN is the mobile financial system that will enable more real life application of Kinesis Currencies. Kinesis currencies can be used for savings or payments, remittances, and money movement. The KFN will also enable the issue of Mastercard and Visa debit cards, giving the ability to use Kinesis as a payment currency globally.

5. Kinesis Commercial Centre (KCC): The KCC is the marketplace and e-commerce component of Kinesis. It performs as an online aggregator platform of goods and service providers, enabling the Kinesis currency suite to be seamlessly utilized as payment for participating merchants.

Want to know more?
Official Telegram: https://t.me/kinesismoney
Kinesis Whitepaper: http://kinesis.money/documents/whitepaper.pdf
Join the Kinesis ETH Airdrop: https://airdropx.com/en/kinesis/

TheCraMan (OP)
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August 03, 2018, 06:04:47 PM
 #3

The Kinesis system has four key elements, namely gold and silver, yield, cryptocurrency and blockchain technology.

The Kinesis primary currencies are backed 1:1 with physical gold and silver thanks to our partnership with ABX, meaning that users don't spend their money on something purely digital, but also on something that can be touched. We chose gold and silver, as we believe them to be the most stable stores of value in commercial use. Given that Kinesis, in our vision, will provide a stabilising force in the cryptocurrency sphere, it's natural to associate the system with gold and silver due to their outstanding stability.

Kinesis features a unique, multifaceted yield system that rewards users financially for both their activity in the Kinesis system, as well as for the overall velocity, which is the rate of money changing hands, of the currency. This yield system is expected to attract many investors, as well as to increase the velocity naturally, thus circumventing the problems of necessary inflation of prices and erosion of value found in the case of fiat currencies.

Cryptocurrency has piqued the interest of many investors during Bitcoin's bull run that started in November 2017. Since then, it has become a common subject in conversations among investors, and for good measure. We believe that cryptocurrency technology will only be enhanced in the future, and that Kinesis will replace the infamous Tether token, providing a much-needed stabilising force in the cryptocurrency sphere.

Lastly, blockchain technology refers to the famous peer-to-peer decentralised ledger technology, which is now used in many promising projects, and which has seen great development during the recent years. This is why we have chosen it as a key element for the Kinesis system, as we believe it has great potential.

If you want to learn more about the key elements of Kinesis, you can do so by visiting the following address:
https://kinesis.money/documents/whitepaper.pdf
TheCraMan (OP)
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August 04, 2018, 04:28:04 PM
 #4

Gold-backed cryptocurrencies, as their name implies, are digital currencies that are backed by gold. So, while they have all the benefits of being on a distributed ledger and are easy to trade, they are actually backed by a precious metal.

Here are 8 facts about gold-backed cryptocurrencies that you need to know. https://www.profitconfidential.com/cryptocurrency/gold-backed-cryptocurrency-8-facts-to-know-right-now/

What features do you like or dislike about gold-backed cryptos? Share us your thoughts.
TheCraMan (OP)
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August 05, 2018, 03:17:05 PM
 #5

You may have been wondering what the difference is between the Kinesis Velocity Token (KVT) and Kinesis currencies (KAU and KAG). Here’s a quick rundown:

Kinesis Currencies
KAU (Gold Currency) and KAG (Silver Currency) are the primary Kinesis Currencies. They are
based 1:1 on allocated physical gold and silver, two of the greatest stable and definable stores of value for use in trade and investment globally.

KAU & KAG are created, minted and emitted through the Kinesis Currency Exchange (KCX), a unique wholesale marketplace developed and managed by Allocated Bullion Exchange (ABX), the first electronic exchange for physical precious metals trading. ‘Allocated’ means that full direct title to the bullion backing the KAU and KAG coins is held by the owner of the respective coin.

Kinesis Velocity Token (KVT)
The Kinesis Velocity Token or KVT is an ERC20 Utility token that runs the Ethereum network and the holders receive a portion of the transaction fees from the Kinesis Monetary System Components. So the KVT holders will receive a proportional 20% share of all transaction fees associated with all Kinesis currencies and 20% of all commissions from the Kinesis Commercial Centre.

Buyers of Kinesis coins will enjoy lifetime benefits for their contribution to the currency. KVTs (the tokens of the present ITO), are of limited supply. The earlier one invests, the greater the potential benefits.

Want to know more?
Official Telegram: https://t.me/kinesismoney
Kinesis Whitepaper: http://kinesis.money/documents/whitepaper.pdf
Join the Kinesis ETH Airdrop: https://airdropx.com/en/kinesis/
TheCraMan (OP)
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August 06, 2018, 04:45:36 PM
 #6

The most successful gold-backed cryptocurrency is likely to be based in a reputable jurisdiction with a high degree of privacy. For example a gold-backfed cryptocurrency physically based in Switzerland would be a great opportunity, given Switzerland’s reputation and decentralized nature.

Learn more on the prospects of a gold-backed cryptocurrency in this article.

https://www.coinbureau.com/analysis/prospects-of-gold-backed-cryptocurrency/
TheCraMan (OP)
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August 07, 2018, 04:00:51 PM
 #7

Read Eclamoureux's blog
Creating Stable Pricing In Cryptocurrencies
TheCraMan (OP)
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August 10, 2018, 12:26:41 AM
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Kinesis solves the problem of value instability in the crypto market by offering stable currencies backed by precious metals.

TheCraMan (OP)
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August 10, 2018, 12:43:36 AM
 #9

Andrew Maguire & Tom Coughlin
Kinesis Money
Legendary whistleblower Andrew Maguire takes KWN listeners full circle from his blockbuster interview in 2010 where he exposed corruption in the metals markets that rocked the gold and silver world, to the amazing developments taking place today!


Listen to the podcast here!
TheCraMan (OP)
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August 12, 2018, 01:34:12 PM
 #10

What is the Kinesis Velocity Token (KVT)?

The Kinesis Velocity Token (KVT) is an ERC20 utility token that runs on the Ethereum network where the holders receive a portion of the transaction fees from the Kinesis Monetary System Components.

So the KVT holders will receive a proportional 20% share of all transaction fees associated with all Kinesis currencies and 20% of all commissions from the Kinesis Commercial Centre.

Want to know more on the advantages of the Kinesis Velocity Token? Talk to us on Telegram: https://t.me/kinesismoney Read the Kinesis Whitepaper: http://kinesis.money/documents/whitepaper.pdf Join the Kinesis ETH Airdrop: https://airdropx.com/en/kinesis/
TheCraMan (OP)
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August 12, 2018, 03:26:39 PM
 #11

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

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August 13, 2018, 01:19:05 PM
 #12

The Kinesis Monetary System

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 with Tom Coughlin, CEO of Kinesis and our old pal, Andrew Maguire.

We first featured this project back in March so if you need a refresher on what Kinesis is and how it could become a vital new monetary system all while depleting the available supply of physical metal for The Banks, please check this link: https://www.tfmetalsreport.com/podcast/8874/introducing-kinesis-possible-monetary-revolution

The laying of the foundation continues so Tom and Andy stopped by today for this update. You can find more about Kinesis by visiting its website here: https://kinesis.money/#/  And here are a couple of snapshots of the homepage:

TheCraMan (OP)
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August 15, 2018, 08:04:23 PM
 #13


The Kinesis Monetary System is an evolutionary step beyond any monetary system available in the world today. It enhances money as both a store of value and a medium of exchange and has been developed for the benefit of all. Core to the mechanics of the system is the perpetual incentive and thus stimulus for money velocity. Outside capital is attracted into Kinesis via a highly attractive risk/return ratio and then put into highly stimulated movement, promoting commerce and economic activity. This is achieved through structuring money to represent 100% allocated title of an asset and then attaching a unique multifaceted yield system that fairly shares the wealth generated by the system according to participation and money velocity.

ajameson1204
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August 16, 2018, 04:30:50 AM
 #14

Check out an amazing interview on Future Tech Podcast with the CEO of Kinesis, Tom Coughlin!!

https://www.spreaker.com/user/futuretechpodcast/tom-coughlin-ceo-at-kinesis
TheCraMan (OP)
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August 16, 2018, 01:33:59 PM
 #15

Kinesis: The Future of Money
TheCraMan (OP)
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August 19, 2018, 01:41:33 PM
 #16

Kinesis Announces Liquidity Partnership with Finemetal Asia
Kinesis, the creator of bullion-based currencies traded on the blockchain, has announced a liquidity partnership with Finemetal Asia, a specialist distributor of physical precious metals.

Finemetal Asia will be providing liquidity for the soon to be launched Kinesis currencies, which are based on allocated physical gold (KAU) and silver (KAG) and traded on the Kinesis Blockchain Exchange (KBE).

Finemetal Asia, in cooperation with Argor Heraeus, is based in Hong Kong and covers multiple Asian physical bullion trading locations. Among its customers are some of the largest jewellery chains and gold dealers in the world.

The strategic partnership will boost the liquidity available for users of the Kinesis currencies and enhance relevant real-time price assurance.

Ryan Case, Head of Sales & Trading at Kinesis, comments: ‘It is great to see this support coming from the physical bullion industry. We’re setting out to deliver an evolution of the precious metal market and implement a practical and efficient method for physical bullion to be used as a medium of exchange. As we do so, support from key liquidity partners such as Finemetal Asia greatly increases our standing.’


Pádraig J Seif, CEO of Finemetal Asia Ltd, adds: ‘We are excited by the opportunity that Kinesis presents and are ready to participate as gold and silver trading evolve into the digital era. As one of the initial members of the Allocated Bullion Exchange (ABX), we have seen its potential to increase our presence and two-way liquidity across multiple trading hubs. Similarly, we see great potential to add to our physical bullion liquidity by providing liquidity for the gold- and silver-based digital Kinesis currencies.’

Kinesis was founded by Allocated Bullion Exchange (ABX). ABX already has extensive infrastructure and fully operational technology for the trade and storage of physical bullion in 7 locations around the world.

About Finemetal Asia:

Finemetal Asia Ltd. is a specialist distributor exclusively of Argor Heraeus (Switzerland) produced physical precious metals. Based in Hong Kong, it primarily serves the Hong Kong market, but has recently expanded into Taiwan, Malaysia and Japan. Among its customers are some of the largest jewellery chains and gold re-sellers.
 
 http://www.finemetalasia.com/en/
TheCraMan (OP)
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August 20, 2018, 07:07:02 PM
 #17

Kinesis Money

In this second installment, Tom covers off important elements on the Timelines and Cayman Island Re-domicile.

Covered is Kinesis Velocity Token and Kinesis Monetary system, with a focus on the Multi-faceted yield system.

Including the minter yield, holder yield, depositor yield and referrer yield.

Kinesis is now in pre-sale on the Kinesis Velocity Token, a unique ITO that gives participants the opportunity for a passive yield on the Kinesis Monetary System as it grows.


TheCraMan (OP)
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November 06, 2018, 06:30:39 AM
 #18

We are pleased to showcase the MVP demo for the Kinesis Currency Exchange and Kinesis eWallet.

This demo environment allows users to create their own eWallets, mint their own Kinesis currencies (KAU = gold and KAG = silver) through the Kinesis Currency Exchange (KCX), emit these currencies into their wallets and then send the currencies to other wallets on the Kinesis Blockchain.

All the steps can be found here: https://kinesis.money/en/mvp-demo/

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