The 21st century has gifted us with so many great evolutions and scientific developments. With each passing day, we are coming across newer better and more advanced technologies in the market every day. But despite the rapid modernization and acceptance of newer technologies, the 21st centuries greatest invention The cryptos, is unable to develop and reach its full potential. The common masses of people still think of it as a very risky and unviable option.
Although there are a number of reasons that the blockchain and crypto world hasn't been able to get in the common man's household and make itself more acceptable to everyone but the most important of them is the lack of security and the fluctuating nature of crypto prices.
The One thing that stands out best about 21st century is that for every problem there is a solution available. And for the wider and faster adoption of cryptos we have KINESIS.
WHAT IS KINESIS system?
"KINESIS system is an evolutionary step beyond any monetary and banking system available in the world today. It enhances money as both a store of value and a medium of exchange and has been developed for the benefit of all." The idea behind kinesis is to increase the velocity of the movement of money by incentivizing for every transaction. Thus making people to HODL less and increase the circulation. It is developed and marketed by the Kinesis Cayman & Allocated Bullion Exchange Limited (ABX) teams in collaboration with a group of other partners.
**How does KINESIS system work? **
Kinesis system works on a simple but effective method which incentivizes its token holders for every transaction that takes place in its currencies,"this promotes the use of Kinesis as a medium of exchange while distributing back the wealth generated according to proportionate KVT(KINESIS VELOCITY TOKEN) holdings and velocity that each person holds". Kinesis is based on the stablesest assets of the world like Gold and silver so there is a minimum to no chances of the value of your KVT going for a swing and their values fluctuating rapidly.
Kinesis market entry strategy
The team at head of kinesis is a very ambitious one. And looking at how attractive the project is they have a whole lot of options on how they can enter their product into the market but they have chosen four main branches. The four areas Kinesis is seeking to initially disrupt are:
1.Cryptocurrency Markets
2.Gold and Silver Markets
3.Fiat Currency Markets
4.Investment Asset Markets
These 4 markets are considerably less risky and some of them even are in developing stage so they have chosen to work with them and then widen their portfolio.
Kinesis digital currency
kinesis main moto is to increase the flow of currency in the market and stay clear of the hoarders. so they have come up with KVT tokens known as Kinesis Velocity tokens. They have also providing debit cards which can be used to spend the tokens that you own and you can also keep a regular check on the balances that you got in your wallet. "Kinesis’ primary currencies, KAU and KAG, are based 1:1 on allocated physical gold and silver,
two of the greatest stable and definable stores of value for use in trade and investment.
The Kinesis debit card allows for the 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 any ATM."
BLOCKCHAIN
kinesis has partnered with Steller Blockchain for its project. Steller being one of the fastest blockchain will help the users to get their transactions done in less than 30 seconds.
THE KINESIS ITO
There are 4 more days for the presale to end . 1 kinesis token is value at a 1000 dollars which shows how much the team values the token.
The Roadmap of the project is very clearly laid out and to the point. You can see the detailed explaination of it in the pictures below.
All Images have been taken from KINESIS website only be sure to check it.
This article was written for Original Works Contest. You can also find this on twitter
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