Kinesis as The Future Cryptocurrency on Advanced Monetary System Integrated within Blockchain

aarshi (11)in #kinesis2018 • 6 years ago (edited)

What is Kinesis?

Kinesis is actually a monetary system, you could say it is the future of currency. Kinesis provides a system that stimulates the use of its coin for daily use by providing rewards for its use. Thus ensuring the coin has a permanent and true value and it will put an end to people hoarding crypto currency which makes the market very volatile.

Kinesis is primarily backed by allocated gold and silver. This means that full direct title to the bullion backing the currency is given to the owner of the respective coin.

It gives a perpetual yield in accordance with the economic activity, thus yield is created by spending opposed to the credit option used by other systems.

It is fully based on the blockchain.

Kinesis' Market Entry Strategy

Kinesis strategy is based on an irruption into the market based on the following 4 concepts:

Cryptocurrency Markets
Gold and Silver Markets
Fiat Currency Markets
Investment Asset Markets

Due to its yield system, Kinesis strategy is better than anything we have ever had up to now, as it is less risky and because spending increases its value.

The Initial Coin Offering (ICO)

There is a clear distinction between the KVT token offering and the gold and silver coin offering, which is that the Kinesis ICO is the sale of the cryptocurrency backed 1:1 by gold and silver bullion. Being the first product from the Kinesis Currency Suite, the KAG (silver-backed coin) and the KAU (Silver-backed coin) are of the Kinesis Blockchain Network. First off, the KAG (silver-backed coin) and the KAU (Silver-backed coin) are the channels that powers all the transactions across the Kinesis Monetary System; and the ICO of the Kinesis Currencies marks the creation of KAG and KAU by manufacturing and backing the produced coins with real precious metals.

The ICO of the Kinesis currencies is slated to start on 12th November 2018.

Kinesis Currency Suite

The Tech team behind Kinesis developed an in-house blockchain network branched into Stellar blockchain network for Kinesis currency. This fork helps Kinesis to take advantage of the high speed of transaction, as well as top-notch security that this technology offers.

Kinesis has also been able to add more functionality that will allow for more value-added features, to be incorporated into the Kinesis Monetary System.

Currency Centre KCC: This will be used to digitally attach 1 fine gram of gold (KAU) contract to a digital token, with a minimum cast bar of 995. And for silver (KAG)10 grams of silver to one unit KAG. Both KAU and KAG will possess a serial number, as well as an identifying stamp tied to the refiner of the metals.
Wholesale contracts are available for larger domination of kilograms together with 1,000 troy ounces of silver. They too possess the serial number attached to the identifying stamp of the metal refiner.

The following comprise Kinesis’ Digital Operations

Kinesis Currency Exchanges (KCX)
Kinesis Blockchain Network (KBN)
Kinesis Blockchain Exchange (KBE)
Kinesis Financial Network (KFN):
Kinesis Commercial Centre (KCC)

“Kinesis users are financially rewarded based on their participation and the overall velocity (rate that the money changes hands) of the Kinesiscurrency).”