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Topic: The Kinesis Monetary System - page 13. (Read 12938 times)

jr. member
Activity: 252
Merit: 1
November 26, 2018, 09:33:02 AM
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?
newbie
Activity: 13
Merit: 0
November 26, 2018, 09:28:44 AM
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
newbie
Activity: 43
Merit: 0
November 26, 2018, 09:14:47 AM
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.
newbie
Activity: 65
Merit: 0
November 26, 2018, 09:05:45 AM
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.
newbie
Activity: 28
Merit: 0
November 26, 2018, 08:50:23 AM
 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.
newbie
Activity: 44
Merit: 0
November 26, 2018, 08:25:13 AM
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.
jr. member
Activity: 252
Merit: 1
November 26, 2018, 08:21:36 AM
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!
jr. member
Activity: 322
Merit: 2
November 26, 2018, 08:11:34 AM
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.


newbie
Activity: 21
Merit: 0
November 26, 2018, 07:01:10 AM
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!
newbie
Activity: 65
Merit: 0
November 26, 2018, 06:47:55 AM
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.
newbie
Activity: 44
Merit: 0
November 26, 2018, 06:18:20 AM
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.
jr. member
Activity: 252
Merit: 1
November 26, 2018, 06:15:01 AM
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.
jr. member
Activity: 252
Merit: 1
November 26, 2018, 05:07:09 AM
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.
newbie
Activity: 28
Merit: 0
November 26, 2018, 04:46:37 AM
Kinesis suite of digital currencies have been developed  for ongoing use in everyday life across the world.
newbie
Activity: 44
Merit: 0
November 26, 2018, 04:26:25 AM
Oh My God!
I found an extraordinarily expensive one, 1 token was around 1000 USD. Amazing!
Then for just a total of only 300,000 tokens and those sold around 210,000 tokens.

Can someone give me a bounty link for the Kinesis project?
There's no bounty program yet for Kinesis but someone from the team said that they only sell their tokens as they are backed by real gold. And they do not lose value and are decentralized
"And they do not lose value and are decentralized"

The word above that I like the most is because with that price the price of the token has a meaningful price.
1 Kinesis Token is protected by 1 Gold, is that what it means?
1 Kinesis Velocity Token (KVT) = $1,000 USD (this is an Ethereum based ERC20 token, used to fund the project) and will provide a yield of 20% aggregate transaction fees.

1 KAU (gold) = 1 gram of investment grade gold

1 KAG (silver) = 10 gram of investment grade silver

The KAU and the KAG are Kinesis coins, which will be available on presale...
jr. member
Activity: 252
Merit: 1
November 26, 2018, 04:05:43 AM
Kinesis has a vision and philosophy behind the Kinesis Monetary System, detailing the core components and products supporting its innovative ecosystem. More importantly, analysis is provided that specifically highlights Kinesis’ unique currency specifications and quantitatively proves the concept behind our incentivized multifaceted yield system.
sr. member
Activity: 784
Merit: 255
November 26, 2018, 03:18:08 AM
Oh My God!
I found an extraordinarily expensive one, 1 token was around 1000 USD. Amazing!
Then for just a total of only 300,000 tokens and those sold around 210,000 tokens.

Can someone give me a bounty link for the Kinesis project?
There's no bounty program yet for Kinesis but someone from the team said that they only sell their tokens as they are backed by real gold. And they do not lose value and are decentralized
"And they do not lose value and are decentralized"

The word above that I like the most is because with that price the price of the token has a meaningful price.
1 Kinesis Token is protected by 1 Gold, is that what it means?
newbie
Activity: 28
Merit: 0
November 26, 2018, 03:07:33 AM
The Kinesis suite of currencies have been designed for use in the real world, by everyday people.
jr. member
Activity: 252
Merit: 1
November 26, 2018, 02:41:28 AM
Kinesis has a monetary system that is efficient, secure, fair, and incentivizes commercial exchange.
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.
member
Activity: 234
Merit: 10
November 26, 2018, 02:25:47 AM
This provides an immediate business opportunity for anyone a private individual referring friends or family, someone wanting to establish a business to refer participants/ users into Kinesis an online marketer or affiliate, a person or business wanting to refer other businesses or broker/dealer operations in or a pre-established business wanting to enrol their clients in the Kinesis system. The viral and scalable nature of the system is quite effective.
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