Topic: The Kinesis Monetary System - page 18. (Read 12938 times)
Kinesis are offering individuals the Kinesis Velocity Token (KVT) allowing early adopters the opportunity to share in the success of the system from an early stage.
Your ownership of the gold is then digitised using blockchain technology, meaning you can hold or transfer your currency from the Kinesis digital wallet, spend the currencies easily using a debit card anywhere Visa/Mastercard is accepted, or trade them on them on the Kinesis Blockchain Exchange
I think the ICO of this project has already done, the question is are they going have another one? Waiting for it to happen, anyway Kinesis Monetary is a good project.
Kinesis Monetary System has a lot to offer for the community who will be using their platform, given the fact that they also have discounts and profit percentage for the users and holders of their KVT token.
I hope this project will hit soon, It has a potential in making the monetary system for precious metals to preserve and use efficiently as well.
The Kinesis system is an evolutionary step beyond any current monetary system available in the world today. It enhances money as both a store of value and a medium of exchange.
Buying Kinesis tokens is like that we are buying gold. So, the price of Kinesis tokens will rise only if gold price rise. So, we shouldn't expect a big price rise if we invest in Kinesis. Am I right?
One more important about Kinesis is that the team has extensive experience in the physical precious metal industry.
just keep in our mind that we will need to associate the KVT with a Kinesis wallet in order to receive yields, which requires passing KYC.
The Kinesis system is an evolutionary step beyond any current monetary system available in the world today. It enhances money as both a store of value and a medium of exchange.
Did you know:-
• Title to your allocated gold is with the Kinesis user at all times
• When you give money to the bank you lose title and incur a counter party risk, bail ins.
• Crypto exchanges hold title which is why they attract hackers and your coins can get stolen.
• Blockchain is transparent
• Gold Money is a centralised platform whereas Kinesis is decentralised
• None offers a complete money system
• Only Kinesis solves Gresham Law by giving an incentive to use gold by paying a reward in perpetuity.
• Title to your allocated gold is with the Kinesis user at all times
• When you give money to the bank you lose title and incur a counter party risk, bail ins.
• Crypto exchanges hold title which is why they attract hackers and your coins can get stolen.
• Blockchain is transparent
• Gold Money is a centralised platform whereas Kinesis is decentralised
• None offers a complete money system
• Only Kinesis solves Gresham Law by giving an incentive to use gold by paying a reward in perpetuity.
They've also introduced the Kinesis debit card, allowing for the instant sale of Kinesis currencies loaded within the eWallet at the point of purchase.
The team developed a proprietary fork of the Stellar blockchain for these currencies, resulting in extremely fast transaction speeds and scalable global use for the Kinesis. I like their strategy. A systematic extension of the system.
Don't forget the gold and silver digital initial coin offering will be available from March next year and live trading from May next year. stay tuned!
Next evolutionary of money is come up with new concepts and solutions of the blockchain. Kinesis is better example for the next generation of the crypto world.
The ICO references the Kinesis currency suite being launched in November 2018. This includes the KAU (gold-based) and KAG (silver-based) currencies. KAU and KAG are minted into existence as a 1:1 representation of allocated physical precious metals which underpin the cryptocurrencies.
Kinesis is a comprehensive monetary system encompasses, the Kinesis currencies, which can be sent and received via the Kinesis eWallet, the Kinesis Blockchain Exchange, providing liquidity for the Kinesis currencies and other cryptocurrencies and the Kinesis debit card, allowing for instant conversion of KAU and KAG into fiat currency anywhere in the world where Visa/Mastercard is accepted.
KVT holders receive a proportional 20% share of all transaction fees associated with all Kinesis currencies and a further incentive of 20% of all commissions from the Kinesis Commercial Centre (KCC).
Holders of Kinesis currencies can redeem the coin and take delivery of the underlying physical precious metal guaranteeing intrinsic value with this cryptocurrency.
Kinesis ecosystem has been built with commercialization underway. It has been architected and engineered by exchange, market, banking, and technology professionals who have a deep understanding of what is required to build out and implement this monetary system and currency market in the most strategically effective sequential way.
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