What is Kinesis
Kinesis is a great and well organized monetary system which is very much accessible to people in the world today. it serves as a store of monetary value and also as a mode of exchange, kinesis was brought for our own benefits. kinesis makes use of ABX infrastructure in getting meaningful and valuable metals which are well appreciated today the ABX infastructure ( which means Allocation bullion exchange) abx infastructure.
About Kinesis Monetary System
Kinesis is a full-circle financial framework made up everything being equal and capacities required for a fruitful and compelling money related framework. Kinesis Blockchain Exchange works as a blockchain advanced money trade where Kinesis and other computerized monetary forms can be exchanged. Kinesis has built up a multifaceted yield framework that is particularly intended to pull in institutional and retail capital while boosting the utilization and speed of the money suite. In the Kinesis arrangement of shared monetary riches, this isn't required because of the expansive motivating force to use the monetary standards. Kinesis Monetary System is productive, secure, reasonable, and boosts business trade. This framework consolidates new world decentralized innovation with the most established, most attractive, and most maintainable type of cash to enable and serve the premiums of all of us similarly and capitalistically.
Kinesis have discharged the Kinesis Velocity Token (KVT). What sort of significant worth it will convey to the token holders
The Kinesis Velocity Token prizes members, proportionately to the development of Kinesis Monetary System. KVTs are constrained to 300,000 just, without a possibility of future weakening, holders of the KVT tokens will get a latent 20% relative offer of the exchange charges from the Kinesis Monetary System. This will make an extra layer of wage for token holders over the estimation of the token itself.
on the Kinesis site digs into potential development figures in light of anticipated speed of the kinesis fiscal framework, this can give potential speculators a smart thought on what kind of significant worth the KVT can give.
The tokens and coin that run the KINESIS system
The Kinesis Velocity Token (KVT) . This is an ERC20 compatible utility token.
KVT would be used to raise the money to start the kinesis monetary system.
This is the pre which the business operator pay in the kinesis monetary system.
By holding KVT person earns a percentage of the transaction fee.
to sell the KVT an initial token offering (ITO) is planned
(fill details from site & whitepaper)
At the time of writing this post the ITO presale is currently on and the public sale is scheduled to be launched starting from september 10, 2018
The sale would continue till November 11, 2018
KINESIS INITIAL COIN OFFERING (ICO)
An essential part of the kinesis monetary system would be the gold backed tokens KAU and silver backed tokens KAG.
These tokens would be backed on 1:1 ratio with gold and silver bullion.
These tokens would be used to conduct the transactions in the kinesis monetary system.These tokens are forked from the steller network.
The sale of these tokens would be through an ICO which commences on November 12, 2018
Kinesis Use Case
Alex is a hard working professional who has a regular job. He intends to invest in crypto as it is the money of the future. However crypto is volatile and he may end up losing his capital.He also does not know what crypto to put his money in . He comes from a traditional family who beleive in turning their savings into gold or silver (bullion)
Alex is torn between these two investment ideologies crypto on one hand which is high risk high reward investment and bullion which may be good in the long run but does not give yield for holding.
Besides he does not know where to buy and store bullion .What is the correct price to buy and who are reliable sellers ?
these are some of the questions that bother Alex.
When Alex comes to know about Kinesis both his goals are achieved at the same time.He gets to hold crypto which is what his heart desires.
at the same time his crypto is backed by pure gold and silver so he is making the most of both worlds having crypto as well as being invested in bullion .
At any point he can take physical delivery of the bullion which is kept secure in vaults.
Best of all he earns an yield for getting into the Kinesis system by bringing in gold or silver.Alternately he could also chose fiat money to get into this revolutionary monetary system.
He earns and yield for spending , holding , telling his friends and getting them onto the kinesis system.
More Information & Resources:
https://kinesis.money/en/kinesis-etheralabs/
kinesis2018
twitter link
https://twitter.com/Resmi35058738/status/1036733889413177344
- Resmi35058738
kinesistwitter