What is kinesis?
Kinesis is a system that seeks to offer users the option of investing in a purchase system backed by gold and silver, thus creating a new hybrid financial system focused on different types of markets.
Kinesis and its impacts on gold and silver
The kinesis project will have a great impact on the gold and silver market as it will facilitate and act as an intermediary between users and investors. Thus giving a greater flow of investment and therefore more movement.
And not only that, it will also open the doors to a new market which had not been seen before, which relates crypto and assets such as gold or silver for the first time.
What benefits can there be when backing a coin for gold or silver?
There are multiple benefits of having a currency backed in gold, but in this post we will name only a few.
1- It has a relatively stable value: Gold is a pattern in the international monetary system, it does not alter its value as a crypto or a national currency can do
2- Avoid the loss of assets due to inflation: Gold does not suffer inflation. Unlike a currency, which can have value loss thanks to inflation. If a user has his assets backed in gold he will not incur expenses for inflation.
3- Security: The common point that all these advantages have is that they provide security to the investor, if it is true that there may be losses in the universal price of gold, this phenomenon happens very little, and if we put in balance the advantages and disadvantages to support the assets in gold, we can realize that the balance will lean more to the advantages
Kinesis in the gold market
Kinesis offers different investment options to users interested in supporting their investments in gold. Some of them are:
1- TOKENS: Kinesis will offer the sale of tokens which will have their support in gold (KAU) and silver (KAG). Users who buy such tokens will own the ingots
2- Performance: the kinesis system is created through spending instead of credit in the legacy system
3- Blockchain: an additional layer to reinforce the storage of value that is already a hallmark of gold and silver, while also making the two assets liquid through digital media (improving their use as a means of exchange)
4- Kinesis is looking to add counterfeit notes, alternative cryptocurrencies and other assets that are physically protected and stored digitally in its banking and asset management system
Why does Kinesis have inherently less volatility?
There is a system of international prices that control gold and silver and they remain with the passage of time due to their commerciality, this makes the prices of Kinesis coins less volatile, since they suffer sudden changes. Differentiating it from national currencies and crypto
ABX and its execution in Kinesis
ABX has extensive experience in the precious metals exchange market. ABX and Kinesis together, will add more experience to asset management. It is important to highlight that the ABX group has more than 5 years of experience in this area, which gives greater confidence and security.
Why kinesis about other OTC?
Kinesis offers different benefits to users who make use of them, such as different types of services and financial contracts. Its speed when making transactions, and its easy understanding.
Finally Kinesis manages a system of rewards to users.
What would be a good use case?
Samuel owns a small store, one day Samuel decides to save, but in his country there is inflation. This makes you look for different alternatives to safeguard your assets and research about cryptocurrencies.
Samuel, not knowing much about the cryptocurrency market and realizing that it is a very changing market, decides to go for a more traditional alternative.
He decides to invest in gold, and he investigates ... In a post from steemit he found information about Kinesis which explains how it works and the steps to follow. Samuel decides to invest his money in kinesis and in this way secure his money, avoiding the devaluation of his country.
The team
https://steemit.com/crypto/@originalworks/980-steem-sponsored-writing-contest-kinesis
kinesistwitter
https://twitter.com/29Gabrielandres/status/1036786494021816320
- 29Gabrielandres