Sirwin
Sirwin

Kinesis: An Evolution To The Global Monetary System

By thefreethinkeer | StartUpInsider | 31 Aug 2021


  No alt text provided for this image

The growth in the development and adoption of blockchain and cryptocurrencies, which coincided with the advancement in mobile and smart devices have presented the global populace with a tremendous opportunity of becoming a part of a financial revolution that is people centred. Despite the opportunity being presented by these technologies, cryptocurrencies are plaqued with a very high volatility nature, this has slowed their acceptance to be used as legal tenders for day to day needs purchases.

Through the development of a decentralized and universally adopted assets-backed monetary system, Kinesis ecosystem is addressing the above mentioned volatility plague.

Introducing Kinesis

Kinesis is a fair, secure, efficient and incentivizing commercial exchange and monetary system. Kinesis integrated blockchain technology with the world's most fairest, oldest and most sustainable store of value in order to equally serve anyone from anywhere around the world in their own interest.

No alt text provided for this image

With a vision that is aimed at delivering the most evolutionary monetary system in the world today and the mission of delivering a borderless fungible monetary system that gives back to participating entities, Kinesis will create a solution to the global needs for a sound and reliable store of value.

Kinesis Ecosystem in Detailed

In a bid to stimulating the movement of capital and acting as an ecosystem that encourages commerce and economic activities, Kinesis embraces and reward the use of its own cryptocurrency.

Kinesis is characterized to be having a highly attractive risk/rewards ratio that is achieved through a real assets backed mechanism on a 1:1 ratio and the rewards generated from platform is distributed equally among participants of the ecosystem. Kinesis ecosystem is backed by three key elements which includes:

No alt text provided for this image

  • Gold & Silver: These are the greatest stable and definable physical store of value, Kinesis ecosystem's primary assets is backed on a 1:1 ratio with allocation of physical gold and silver.
  • Yield: This element powers a recurring income generation from the ecosystem's economic activities. This element provides a definable income via a Net Present Value (NPV) calculations mechanism that is commonly used in commercial, institutional, and retail investments.
  • Blockchain & Crypto Technology: Kinesis solution can be integrated into any phenomenon that can be standardized, traded and stored as a value. Kinesis is developing a suit of crypto assets with allocated bullion of gold and silver, fiat currencies, cryptocurrencies and other physical assets. These assets are secured digitally in Kinesis banking and assets management system.

Components of Kinetic Monetary Ecosystem

Kinesis monetary ecosystem is equipped with quite a number of products and components required for a successful and effective monetary system. Some of these products are discussed in detailed below:

No alt text provided for this image

  • Kinesis Money: This is a unified platform that facilitates the buying, selling, management and spending of digitalized physical gold, silver and cryptocurrency from a single dashboard. This feature also powers a Visa debit card that holders can use seamlessly for their day to day spendings.

No alt text provided for this image

  • Kinesis Mobile App: This is Kinesis ecosystem's mobile application that give users a seamless access to their digitalised gold, silver and cryptocurrency from anywhere they are around the world and available for android, iOS and windows devices. Through this app, users can keep track of their assets portfolio as well as send and spend them seamlessly.

No alt text provided for this image

  • Hardware device: This is a cold wallet that can secures digital assets in one's pocket, giving them a discrete and seamless access to their Kinesis gold, silver and cryptocurrency assets from wherever they are. This is quite a unique hardware wallet that powers a complete system that is secure, accessible and conveniently on a different level.
  • Kinesis Mint: This is a mechanism that facilitate the bringing of new gold and silver bullions into Kinesis ecosystem and creating an entirely new KAU and KAG. Minters usually purchase large amount of fully allocated physical gold and silver in order to create KAU and KAG on a 1:1 ratio.

No alt text provided for this image No alt text provided for this image

  • Kinesis Exchange: This is a powerful exchange that facilitatates the trading of allocated gold, silver and cryptocurrency pairs. The exchange is featuring a wide variety of trading pairs with very rich trading tools. Although the exchange is accessible to to global populace, it can only be fully utilized by fully KYC compliant users.

Kinesis Velocity Token (KVT) & Its Utility

No alt text provided for this image

KVT is a utility token of the Kinesis ecosystem, this token is minted on Ethereum blockchain with a total supply of 300,000 KVT. Holders of Kinesis will receive 20% from all transactions on Kinesis currencies and 20% of all commissions from the Kinesis Commercial Centre (KCC).

Kinesis Project Executive Team

No alt text provided for this image No alt text provided for this image

Project Development Map

No alt text provided for this image No alt text provided for this image

In Conclusion

Kinesis ecosystem is one remarkable idea that will bring the idea of gold investment to everyone from any part of the world. Members of this project's ecosystem will be able to trade on gold and silver as well as hold them in order to earn rewards from part of the ecosystem's generated revenue. Do check on the official links i provided below in order to catch up with situations with Kinesis project.

Website | Whitepaper | Twitter | Telegram | Facebook | Instagram | Reddit | Medium | YouTube

Published by:

Forum user: satsmainman

Proof of Authentication

 

How do you rate this article?

1


thefreethinkeer
thefreethinkeer

JS Developer | Bounty Hunting | Crypto Enthusiasm | Content Creation | Blogging


StartUpInsider
StartUpInsider

For your deep insight in cryptocurrency startup projects!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.