The eyesight for Kinesis are to deliver an evolutionary action beyond any monetary and bank operating system available today. Kinesis has digitalised gold and silver make it possible for everyday business and personal deals, provide liquidity on bullion holdings and invite participants to make a passive give on their each and every day money.
Kinesis gets the advantage of experience in the gold and silver marketplace, and having significant technology developing already completed. It furthermore uses 2018 saw gold outperform numerous global equity areas and currencies, attracting renewed interest in the rare metal. With another wave of evolution in cryptocurrency markets commonly heralded to be dedicated to stablecoins, Kinesis is uniquely positioned become at the forefront with this movement.
Kinesis introduces yield-bearing electronic currencies based 1:1 on allocated physical gold (KAU currency) and silver (KAG money). Both currencies offering a unique yield system to encourage use and stimulate use. When transferred between holders a 0.45percent fee is collected which accumulates and it is distributed month-to-month, in varying proportions, to individuals as a ‘yield’ (i.e. 20percent to KVT holders).The Kinesis Monetary System is defined to function an easy-to-use interface, allowing users to utilise and transact because simply as any other banking provider.
Currently functional, the Kinesis Mint is where allocated bullion are purchased and digitally emitted to our blockchain:-Create new Kinesis currenciesMint KAU (1 KAU = 1 gram gold) and KAG (1 KAG = 1 ounce silver) into existence; digital gold and silver;-Store, receive and send Kinesis currenciesTransact globally between Kinesis eWallets instantly, with low fees;-Zero storage charges on allocated silver and silver bullion kept, insured and audited in leading third-party vaults;-Yield exposureKinesis Minters will receive ongoing minter yields for producing and using Kinesis currencies. Limited 3x multiplier on minted currencies until June 30th.KVT ownership is required in order to transact on the KCX through the Initial Minting Offer duration.
Kinesis was founded by the Allocated Bullion Exchange (ABX); a trade that currently has extensive infrastructure and fully functional technology the trade and storage of real bullion in 7 locations across the globe.
Kinesis Velocity Token65,000+ KVTs were offered. KVTs is currently for purchase to people at USD1,000/KVT. The Kinesis Velocity Token (KVT), which are not a gold or silver-based currency, offers holders the opportunity to take a share in 20percent of the fees generated from Kinesis gold and silver-based currencies. Creating a passive money to participants, the KVT are an opportunity to reward our very early adopters and supporters proportionately as well as in perpetuity. For more information be sure to visit the KVT Explained internet page.