INTRODUCING KINESIS: THE FUTURE OF CURRENCY.

desmoniac (56)in #crypto • 6 years ago (edited)

Gold and silver, I do not have, but what I have I give unto you, "KINESIS"

WHAT IS KINESIS?

Kinesis is an asset-backed project in the blockchain technology that offers a 1:1 ratio of Gold or Silver with respect to investments made either with fiat or crypto currencies.

Over time, the fiat and cypto-currency markets have suffered high rates of fluctuations in value which normally counts as a loss to investors and depositors. Exchange fees are being charged instead of interest payments on stored assets, losses are being incured through printing of the fiat currency by the government, fraud and theft are on the high side, but Kinesis has found a way to be the solution to these problems.

The world is evolving and so is the currency market. In ancient times, holes were dug for hiding and storage of fiat due to lack of trust and insecurity for the banking system but gradually, the banking system was adopted and fiat holes were abandoned. Fiat holes were not abandoned because they were ineffective, but simply because the banking system preferred better services for fiat storage. Now, we HAVE "KINESIS" that have studied the flaws of the banking system and have come up with a better solution. So why don't we embrace it?

KINESIS CREDIBILITY AND PARTNERSHIP

For credibility, efficiency and reliability sake, Kinesis is partnering with Allocated Bullion Exchange (ABX) www.abx.com, Deutsche Borse group and European Commodity Clearing.

ABX is the world's leading electronic institutional exchange for allocated, physical precious metals has been in operation since 2013,has seven trading, pricing and vaulting hobs across the globe.

With these strong partners in place, trading to a wider variety and price stability of the assets are assured as well as the clearing of these assets, making Kinesis transactions hedge free.

KINESIS VELOCITY TOKENS AND INITIAL TOKEN OFFERING

The Kinesis velocity token(KVT) is an ERC20 token that requires an ERC20 wallet. This token is generated from a portion of the transaction fees in the Kinesis monetary system.

For the initial token offering, Kinesis is aiming to raise over US $200 MILLION through the sale of 300,000 kVTs.

This will enable it to aggressively grow its business.

KINESIS YIELD SYSTEMS

MINTER YIELD: In this system, rewards are given based on the number of mint (coins) created, transacted and the rate at which it is being carried out.
HOLDER YIELD: In this system, rewards are given to people who have decided to store their assets with the Kinesis monetary system for a long period of time.
AFFILIATE YIELD: In this system, rewards are given when a user introduces more persons into the system. The higher the hunger of referrals, the higher the rewards.
DEPOSITOR'S YIELD: In this system, rewards are given based on the rate at which a user deposits his or her assets in the Kinesis monetary system. The more the deposit, the more the rewards.

ADVANTAGE OF KINESIS OVER OTHER OTC ALTERNATIVES

A common example of other OTC alternatives is the TETHER token which is backed by the US dollar but suffers the risk of fractional bank reserves from the depositors point of view. However, all transactions in Kinesis are done through bullion exchange networks unlike TETHER.

Also, Kinesis has a velocity-based yield system that rewards its users based on the rate and frequency at which transactions are being carried out. This is way better than the conventional systems that operates a debt-financing system where the currency is being devalued through the inflation of the goods purchased using the currency.

KINESIS MONETARY SYSTEM

When a user deposita money (fiat or crypto currency), it is backed up in the ratio of of 1:1 to either gold or silver and is evaluated to yield systems that are dependent on the rates of transactions being carried out.

The Kinesis monetary system is made up of four basic components:

Gold and silver
Blockchain and crypto currency
Yields (interests)
Fiat (physical money)

These above mentioned components have been further modified to serve five architectural digital operations;

1.Kinesis Currency Exchanges (KCX): A wholesale market where the currency is created and minted with the help of ABX

2.Kinesis Blockchain Network (KBN): The blockchain on which the suite of Kinesis tokens is built

3.Kinesis Blockchain Exchange (KBE): A blockchain digital currency exchange where the tokens representing physical assets can be traded

4.Kinesis Financial Network (KFN): A mobile banking system where the currencies can be used for savings, payments, remittances, and money movement; also includes Mastercard and Visa debit access

5.Kinesis Commercial Centre (KCC): An online aggregator platform of goods and service providers which accept Kinesis tokens (KAG and KAU) as a means of payment

THE KINESIS TEAM

[Kinesis](https://kinesis.money/en/kinesis-etheralabs/) is made up of highly qualified and reliable team if experts. So do not panic, for your funds are in safe hands.

KINESIS ROAD MAP

USE CASE ONE

Henry is a self made multimillionaire with so many physical assets such as land and houses. He was born and brought up in West Africa (Nigeria), but due to the political unrest and new governmental policies on asset ownership, he so desires to permanently relocate to Europe but is faced with the problem of moving these assets or even selling them to get fiat which definitely diminish in value over time.

Henry however, wants to convert these assets to their actual value in fiat, have them moved to Europe while he makes interest or profit from this huge transaction, but the question was "HOW?".

This was when Kinesis was introduced to him, his assets were evaluated and converted to gold/silver while he made profits through the Kinesis depositor's yield system.

USE CASE TWO

Desmond is a business man that deals on the importation and exportation of perishable goods (such as tomatoes, fruits, etc). Since the business is a family business, desmond inherited it from his father and is to pass it unto his children. Desmond has suffered a great loss on this business as 1/3 of his goods are usually damaged on or before delivery, but he always managed to sustain 2/3 of his profits, where as 1/3 was regularly lost due to nature of the goods. Desmond, however, doesn't want his kids to toe this path. So he came up with a plan.

Desmond now wants to start saving 1/3 of his profits so that when his kids become of age in years to come, they can use the accumulated cash as capital for a bigger and better business other than export and import of perishable goods.

Desmond feared that his stored monetary assets could lose value over time due to the dwindling economic crisis if he used the banks and so decided to use Kinesis that happens to be comparatively more stable.

CONCLUSION

The benefits, uses and advantages of Kinesis can not be over emphasized. Kinesis is the future of currency and has successfully bridged the gap between financial problems and solutions.

You don't have to wait and contemplate about seizing this great opportunity. Better late than never, START WITH KINESIS TODAY!

Kinesis is just one click away if you wish to know more.

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