Kinesis

Kinesis

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Last Update

Oct 3, 2018

Kinesis has introduced yield-bearing digital currencies, based 1:1 on physical, allocated, gold and silver. When you purchase Kinesis currencies, you are simultaneously allocated real gold or silver stored securely in one of several third-party vaults around the world ensuring no counterparty risk. These digital coins (KAUs represents the gold-based coin and KAGs represents silver), can easily be spent at point of sale through the Kinesis debit card, allowing users to make fast and safe transactions. Holders of Kinesis currencies can redeem the coin and take delivery of the underlying physical precious metal guaranteeing intrinsic value with this cryptocurrency.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • BHEX
    KAU/USDT 2 one year ago
    $ 13.98
    $ 67.08
    -
    -
ICO
To be announced
Token Details
Ticker
KVT
Total supply
300000
Token Distribution
70% Kinesis Community
5% advisors
9% Founders & Management
3% Bounty Campaign
10% Reserve
3% ICO Marketing
Accepted Currencies
ETH, BTC, USD, USDT, AUD
Min Contribution
1
KVT
Company Details
Registered Company Name
Kinesis Cayman
Registered Country
Cayman Islands
Company Founded
Jun 1, 2018
Bonus Structure
Yes
Additional Details
Platform
Ethereum
Whitelist
Yes ,
KYC
Yes
Categories
Platform

About Kinesis

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.

Features

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:

 

  1. Precious metal market: Precious metals and many other physical assets have no yield attached to them - they instead typically cost money to hold securely. Precious metals stored in vaults have no liquidity - they cannot be used as they currencies they once were. Kinesis gives yield to these precious metals, incentivising their use and velocity by attaching multiple types of yield for varying degrees of passive or active participation. The Kinesis debit card allows for instant conversion of KAU and KAG into fiat currency anywhere in the world where Visa / Mastercard is accepted, even allowing Kinesis currency holders to withdraw funds at an ATM.
  2. Cryptocurrency market: Cryptocurrencies suffer from severe price volatility, limiting their utility as a currency. Slow speed of transactions and high, fixed processing fees limit the everyday use of existing cryptocurrencies. There is also big use case for those invested in existing alternative ‘stable coins’, too. The high transaction speed, percentage-based fee model, physical asset stability and yield associated with KAU and KAG are incentives for crypto traders and holders to replace questionably-backed and non-yield-bearing stable coins with the Kinesis currencies.
  3. Fiat currency: With global low to negative interest rates, bail-in provisions, depositors’ insurance being removed, and with banks holding legal title to their customer deposits, it makes no sense to choose risk and nil-to-negative return over the alternative Kinesis system with negligible risk and high potential for return.
  4. Investment assets: high valuations and comparatively low yields for stock market and property investment make the Kinesis currencies an attractive alternative investment with a passive yield attached.

Differentiating Kinesis from many of the other gold-backed cryptocurrencies:

  1. Kinesis was founded by the Allocated Bullion Exchange (ABX) https://abx.com/; meaning it already has extensive infrastructure and technology in place for the trade and storage of physical bullion in 7 locations around the world;
  2. The team has extensive experience in the physical precious metal industry;
  3. Our unique yield system sets Kinesis apart from the standard gold-backed token.

Technical Info

KINESIS TECH

Currently operational, the Kinesis Mint is where allocated bullion is purchased and digitally emitted to the Kinesis blockchain:

  • Create new Kinesis currencies
    Mint KAU (1 KAU = 1 gram gold) and KAG (1 KAG = 1 ounce silver) into existence; digital gold and silver;
  • Store, send and receive Kinesis currencies
    Transact globally between Kinesis eWallets instantly, with low fees;
  • Zero storage fees on allocated gold and silver bullion
    Stored, insured and audited in leading third-party vaults;
  • Yield exposure
    Kinesis Minters will receive ongoing minter yields for creating and using Kinesis currencies. Limited 3x multiplier on minted currencies until June 30th.

KVT ownership is required in order to transact on the KCX during the Initial Minting Offer period.

 

Kinesis Roadmap

  • 2016

  • Conceptualizing the ways humanity could return to the Gold Standard.
  • Early 2017

  • Investigating smart-contract capabilities across multiple leading cryptocurrencies
  • Mid-2017

  • The build and completion of the proprietary Primary Marketplace environment
  • Late 2017

  • Development of both the unique and revolutionary Kinesis Currencies and Kinesis
    Velocity Token
  • Read More
  • Early-Mid 2018

  • Launching the Kinesis Velocity Token.
  • Early 2019

  • The launch of Kinesis Currencies, whereby KAU is backed 1:1 by 1g of 99.99% pure physical gold and KAG by 99.9% silver

Kinesis Materials

Kinesis Team

Verified 95%

Attention. There is a risk that unverified members are not actually members of the team

Nigel Owens
СTO
unverified
Thomas Coughlin
CEO
verified
Rafal Szulczewski
Lead Front End Web Developer
verified
Michael Coughlin,
CFO
verified
Eric Maine,
CSO
verified
Richard Melbourne
Head of Operations
verified
Ben Brideaux
Head of Projects
verified
Ryan Case
Head of Sales and Trading
verified
Jai Bifulco
Head of Marketing
verified
Zubair Bukhari
Content & PR Manager
verified
Danish Khan,
Sales Executive
verified
Altan Bahtiyar,
Sales Executive
verified
Som Ranga,
Financial Associate
verified
Jeremy Lee,
Associate
verified

2 ICO

$66 000 000

Sam Jeston
Blockchain and Software Developer
verified
Carl Foster,
Blockchain and Software Developer
verified
Alex Revell,
Full Stack Developer
verified
Kim Nepata,
Blockchain Systems Test Analyst
verified
Anita Coffey
Blockchain Automation Test Suite Developer
verified

Advisors

Verified 100%

Shane Morand
Marketing Consultant
verified
Andrew Maguire
Precious Metals Specialist
verified
Pádraig Seif
Advisor
verified
Robert Cooke
Blockchain Specialist
verified

Former members

Rosalyn Charlton,
CTO
David Charles
Non-Executive Director
David Underwood
Non-Executive Director
Archibald Butler
Front End Web Developer
Axel Paul Diegelmann
Co-founder - LPM Group
William Kaye
Senior Director of PGL

Kinesis Interviews

Thomas Coughlin
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My name is Thomas Coughlin, I am the CEO. The Kinesis Monetary System is the evolution of the Gold Standard. It is a fair and honest system designed to be secure, efficient and rewarding for all, individually and collectively.
SHANE MORAND
As a team member, сan you tell us about your role in the ICO project?
To provide input on Kinesis Global Sales and Marketing strategies to promote the Kinesis brand worldwide.
What do you think about idea?
This is an idea whose time has come. Combining, physical gold and silver with blockchain technology and becoming the first in the world to provide a yield on physical gold and silver with no storage fees is Genius!
ANDREW MAGUIRE
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Kinesis Is the Game Changer we have all been waiting for!
PÁDRAIG SEIF
As a team member, сan you tell us about your role in the ICO project?
Advice on the physical end of the project. This rangers from supply, to storage as well as pricing, product development and buyback processes.
What do you think about idea?
It is bringing the physical bullion trade industry into the 21st century. The OTC trading practices of the physical bullion industry are in dire need to be modernised.
ROBERT COOKE
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Advisor for the Kinesis project, helping with global connections with the aim of building strategic partnerships and introducing investor networks.
Rafal Szulczewski
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am a Lead Front End Developer within Kinesis marketing team and I am responsible for our company website, marketing emails and other forms of online publishing.

I think Kinesis is one of the most exciting and promising projects I worked on with its clear vision and solid technology to back it up, the project has a potential to make a positive mark on the world in 21st century.
Michael Coughlin,
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am a Director and CFO.
Eric Maine,
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As Chief Strategy Officer of Kinesis, my role is to deliver the short and long term vision of the project on behalf of the Board and Executive Committee.

Kinesis, is an extremely innovative and disruptive monetary system based on the tenets of sound money using distributed ledger technology.
Richard Melbourne
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Head of Operations and Member Services at Kinesis Money. Kinesis is delivering a revolutionary monetary system by coupling a multifaceted yield system with digital currencies based 1:1 with allocated, physical, investment-grade gold and silver. Kinesis is the evolution of the gold standard.
Ben Brideaux
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As the Head of Projects, I am responsible for coordinating Kinesis' globally distributed, multi-disciplinary teams from concept creation and development, through to delivery and implementation. My teams projects current include the:

- Integration of ABX and, by extension, Kinesis' clearing and settlement facilities with the Deutsche Börse Group;
- Integration of Kinesis' blockchain systems and processes with its digital banking partner;
- Design, development and delivery of a Cayman compliant KYC and EDD system for the cryptocurrency industry;
- Onboarding and establishment of traditional fiat banking partners for day to day commercial operations; and
- Roll out of multiple physical offices across the globe for the ABX and Kinesis group of companies.
Ryan Case
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Ryan Case is Head of Sales & Trading at Kinesis. He has extensive experience as head of sales, having established and run sales desks across commodity, cryptocurrency, forex and derivative markets.
Jai Bifulco
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the Head of Marketing for Kinesis, I manage the infrastructure and relationships/partnerships with everything that is marketing; globally. I am very passionate about Kinesis and it's potential to change the way people think about and utilise money.

Having tangible assets such as gold and silver on the blockchain is one thing, building a new monetary system is a completely different ball game, this is what separates us from anyone else in this space.

This is an amazing project and i highly recommend spending some time to get to know it and this incredible team.
Zubair Bukhari
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I manage relations between Kinesis and all forms of marketing and public relations. I am constantly creating new content and discovering new avenues for Kinesis to venture into, whether that's with influencers, Tier 1 & 2 news agencies as well as other forms of advertisement.

I believe Kinesis is a revolutionary system which is set to evolve the gold standard.
Danish Khan,
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am a Sales Executive at Kinesis.

I assist people in understanding the Kinesis Monetary System and I manage and build relationships within the Kinesis Community.

As a supporter of ‘sound money’, I believe the Kinesis Monetary System has the potential to make a significant, positive impact on the world. There are many other cryptocurrencies that have put precious metals on the blockchain but there is no other complete monetary system designed for the people.
Altan Bahtiyar,
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm a Sales Executive at Kinesis. Glad to be a part of this revolutionary unique project.
Som Ranga,
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Kinesis is an amazing and exciting project!
Jeremy Lee,
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm an associate within the team and assist in operations, member services and legal and regulatory matters.
Sam Jeston
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the Technical Team Lead of the development team in Brisbane. We are responsible for the KVT solidity, fork of the Stellar network, wallet development and all exchange systems.

This project represents a great stable coin and has the potential for people to generate a yield on their precious metal holdings.
Carl Foster,
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm a software developer creating and maintaining the blockchain network and developing the applications to interact with the currencies. I think that we're on the right path to creating a stable and highly usable cryptocurrency which anyone can access and use.
Alex Revell,
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm a full stack developer building and maintaining the various applications that make up the Kinesis suite, as well as the blockchain implementation we use and the infrastructure it runs on.
Kim Nepata,
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I work closely with the entire team, developing and executing sound testing cases for UI/UX ensuring the high quality experience for Users is maintained. From a technical viewpoint, our team is exceptional in the way we work together and how we are all dedicated to only producing quality products for market.
Anita Coffey
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Develop automation test suite

Kinesis Last News

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