Moments ago I came across a contest to write on Kinesis, which I decided to participate in.
1.0 INTRODUCTION
Kinesis is a monetary system designed to deliver an evolutionary step beyond any monetary system available in the world today. It is designed to overcome drawbacks such as price volatility in commercial exchange by developing a universally adopted, decentralized, asset-backed monetary system by combining new world decentralized technology with the oldest, fairest, and most sustainable form of money, to serve the interest of all capitalistically.
Kinesis envisions delivering an internationally fungible monetary system, wherefore, creating a solution for the global need of sound and reliable money.
1.1 THE KINESIS MONETARY SYSTEM
Kinesis acts as system which stimulates commercial and economic activity by rewarding for the use of its own currency. Thus, encouraging the liquidity of capital. It gives money 1:1 direct allocated asset backing which is then assigned to a unique multifaceted yield system that promotes exchange and shares the wealth generated by the Kinesis Monetary System according to participation and capital velocity.
Primary elements of Kinesis are:
• Gold and Silver: The long lasting stable and definite stores of values used in both private and commercial transactions. Kinesis’ primary currencies are backed 1:1 with allocated gold and silver.
• Yield: Unlike fiat currency which interest is debt-based, Kinesis’ yield is generated from economic activities with provided definable values obtained via Net Present Value (NPV) calculations and are employed in commercial, institutional and retail investment.
• Blockchain and Cryptocurrency Technology: Kinesis provides an enhanced asset-based currency and multifaceted yield system which can be overlaid on anything that can be standardized, traded and stored as value.
Given Kinesis’ stability and security, participating in Kinesis’ system is less risky as Kinesis focuses on minimizing risk, maximizing return, stimulating capital flow, and maximizing the rate of adoption. It attracts capital from; cryptocurrency markets, gold and silver markets, fiat currency markets and lastly investment asset markets.
ALLOCATED BULLION EXCHANGE (ABX)
Kinesis has established partnership with the world’s leading electronic institutional exchange for allocated, physical precious metals; Allocated Bullion Exchange ABX. The Kinesis Monetary System comprises of two sequenced events.
• The Initial Token Offering (ITO) of the Kinesis Velocity Token (KVT): Holders of KVTs collectively earn a percentage of transaction fees from various business units within the Kinesis Monetary System. KVT ITO is set to launch sale from September 10, 2018 till November 11, 2018.
• The Initial Coin Offering (ICO) of the first Kinesis Currency Suite of products: KAU (gold-based coin) and KAG (silver-based coin) are the medium by which all transactions occur across the Kinesis Monetary System.
CIRCLE OF KINESIS MONETARY SYSTEM
The Kinesis Monetary System is made of several different elements functioning as required for an effective monetary system. These differing functions make up different business units within the system.
• Kinesis Currency Exchange (KCX): Connect globally with wholesale trading organizations via Allocated Bullion Exchange (ABX)
• Kinesis Blockchain Network (KBN): Kinesis currencies are sent, spent, saved or traded through the blockchain. Coins purchased in the wholesale market are put into the KBN with attractive incentives based on money velocity.
• Kinesis Blockchain Exchange (KBE): Digital currency exchanges are done here.
• Kinesis Financial Network (KFN): Serves as a mobile banking system where Kinesis currencies are used for either savings or payments, remittances, and money movement across the world.
• Kinesis Commercial Centre (KCC): Acts as an online aggregator platform of goods and service providers which enables the payment of participating merchants.
USE CASES
• A business that wants to build an entirely new revenue steam and generate more profits can use this system for their banking, pay their employees, partners and trade creditors.
• A precious metal vaulter can offer the Kinesis system to their clients storing metal with them to provide their clients with a yield on their metal holdings, which will far surpass the fees they are paying in storage.
• Image an average person who wants to make an extra of $100 per week… Kinesis provides them a plug-and-play opportunity to use the system themselves just like their current banking system and make money, then they can network or use social media to bring people into the system to recruit other people to potentially a lot of money.
For more information on Kinesis click here or simply click on the play button;
Included below is the link to my tweet; https://mobile.twitter.com/PAgiddi/status/1036571506007003136
kinesistwitter
kinesis2018