Last Update
Oct 3, 2018
VISION
The vision for Kinesis is to deliver an evolutionary step beyond any monetary and banking system available today. Kinesis has digitalised gold and silver to enable everyday business and personal transactions, provide liquidity on bullion holdings and allow participants to earn a passive yield on their everyday money.
MARKET
Kinesis has the advantage of experience in the precious metals market, as well as having significant technology development already completed. It also comes after 2018 saw gold outperform many global equity markets and currencies, attracting renewed interest in the precious metal.
With the next wave of evolution in cryptocurrency markets widely heralded to be focused on stablecoins, Kinesis is uniquely positioned to be at the forefront of this movement.
MONETARY SYSTEM
Kinesis introduces yield-bearing digital currencies based 1:1 on allocated physical gold (KAU currency) and silver (KAG currency). Both currencies offer a unique yield system to encourage adoption and stimulate use. When transferred between holders a 0.45% fee is collected which accumulates and is distributed monthly, in varying proportions, to participants as a ‘yield’ (i.e. 20% to KVT holders).
The Kinesis Monetary System is set to feature an easy-to-use interface, allowing users to utilise and transact as simply as any other banking provider.
TEAM
Kinesis was founded by the Allocated Bullion Exchange (ABX); an exchange that already has extensive infrastructure and fully operational technology for the trade and storage of physical bullion in 7 locations around the world.
This comprehensive monetary system encompasses (1) the Kinesis currencies, which can be sent and received via the Kinesis eWallet, (2) the Kinesis Blockchain Exchange, providing liquidity for the Kinesis currencies and other cryptocurrencies and (3) the Kinesis debit card, allowing for instant conversion of KAU and KAG into fiat currency anywhere in the world where Visa/Mastercard is accepted.
Holders of the Kinesis currencies have allocated legal title to the underlying physical bullion holdings so that they can exchange their currencies for physical gold and silver if they wish, subject to a minimum withdrawal amount.
Dramatic currency volatility is a cause of concern around the world – stabilising the Turkish lira is like ‘catching a falling knife’. The move away from the gold standard around the world has left people at the mercy of central banking policies.
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. Your holding can even be transferred back to physical gold or silver.
The Kinesis currencies offer a unique yield system to encourage adoption and stimulate use. When KAU and KAG are transferred between holders the network collects a 0.45% fee that is then accumulated and distributed monthly, in varying proportions, to participants in the Kinesis Monetary System as a ‘yield’.
Kinesis was founded by the Allocated Bullion Exchange (ABX); meaning it already has extensive infrastructure and fully operational exchange technology for the trade and storage of physical bullion in 7 locations around the world.
It is in this context that a leading online institutional exchange for trading physical gold has created a new monetary system with a digital currency based 1:1 on allocated physical gold and silver.
This is the first time that allocated gold ownership has delivered this kind of non-debt-based yield, so Kinesis have a lot of interest from the $15trillion gold trading industry.
This initiative was founded by ABX, a leading online exchange platform for physical bullion, with deep expertise in the gold industry. ABX is integrated with Deutsche Borse’s clearing house and already has extensive infrastructure and fully operational exchange technology for trade and storage of physical bullion in 7 locations around the world.
Last but not least one of the most exciting pieces of the Kinesis currency suite, the Kinesis Blockchain Exchange (KBE). This is our own exchange platform allowing users to buy and sell cryptocurrencies against Kinesis currencies, creating easy exchange for cryptocurrencies. From Bitcoin (BTC) to Kinesis Gold (KAU) or Kinesis Velocity Tokens (KVT) to Ethereum, the KBE eliminates the need for third party exchanges. This is not the first time we have built an exchange; through ABX we have developed MetalDesk, an allocated precious metals exchange used across the world by many of the largest physical precious metal trading houses., Kinesis leverages this experience and infrastructure to provide a world class service.
No need for complex byzantine systems of the past for managing our finances. Using the Kinesis Monetary System users will be able to make purchases, both large and small, pay bills with ease and even manage international payments with lower transfer rates offered by banks and other international payment services.
Bringing back a truly decentralized, digitalized asset, based on blockchain technology.
Kinesis Velocity Token
65,000+ KVTs have been sold. KVTs are currently for sale to the public at USD1,000/KVT. The Kinesis Velocity Token (KVT), which is not a gold or silver-based currency, gives holders an opportunity to take a share in 20% of the fees generated from the Kinesis gold and silver-based currencies.
Creating a passive income to participants, the KVT is an opportunity to reward early adopters and supporters proportionately and in perpetuity. For more information please visit the KVT Explained web page.
Our target markets:
Differentiating Kinesis from many of the other gold-backed cryptocurrencies:
KINESIS TECH
Currently operational, the Kinesis Mint is where allocated bullion is purchased and digitally emitted to the Kinesis blockchain:
KVT ownership is required in order to transact on the KCX during the Initial Minting Offer period.
2016
Early 2017
Mid-2017
Late 2017
Early-Mid 2018
Early 2019
Verified 95%
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact info@icoholder.com with detailed information about your concerns.