Kinesis: Erasing the gap between the gold standard and virtual currencies.

 

 

 

 

With the born of cryptocurrencies and all the philosophy and technology inherent to its creation and applications in every aspect of life, day after day people, companies, governments and assets have suffer an evolution in order to stay tuned with this movement and remain as popular as they’re used to be. To be among the best you must have to be aware of the technological advances and their possible applications in the development of the field of interest for yourself or the company you represent. This way of thinking takes more and more people like-thinking as advances are materialized, now is very common to see and hear about cryptocurrencies and the different projects they’re linked to, but there’re some fields that have been reluctant to the implications related to blockchain technology, till today, Kinesis welcome a whole monetary system to the crypto market and the blockchain technology, eliminating troubles and giving solutions to the market volatility.

 

“The mission of the Kinesis monetary system is to deliver an internationally fungible monetary system, designed to give back to those who participate, and thus, create a solution for the global need for sound, reliable money”

Source Whitepaper.

 

In order to obtain that, one of its goals is to create, increase and maintain the money velocity using an innovative yield system, where wealth is shared in the most righteous way taking into consideration the participation and the capital velocity.

 

 

Kinesis is conformed by the following elements:

-Gold and Silver: backing the tokens

-Yield: according to the role of any user.

-Blockchain and Cryptocurrencies technology: as the main brain of any trade.

 

 

Anything with value, can be traded on Kinesis, the goods will be insured both physically and virtually, in order to attract the largest number of users/ investors, due to the fact that Kinesis backed its token with real gold or silver the risk to a high volatility is completely erased.

 

People can participate in the Kinesis system using different roles, such as minters, holder or recruiter, providing different levels of incomes depending on the roles on the system, this fees goes from 5% to minters to 15% to holders from the operations created by them. Recruiters will have a perpetual fee from the charges of the ewallet created by a recruited person. This allow to obtain benefits beyond the inherent to any trade action in any kind of market, one more reason to invest in Kinesis and its way to promote singular stability in cryptocurrencies.

 

It’s important to emphasize that, even though the concept of the gold standard is deeply related from the beginning to the concept of money, people don’t tend to think about it when use money in day to day, that is why, the fact that kinesis returns to the origin by directly relating its token to a real piece of gold or silver, generates a sense of confidence and security that isn’t common in virtual markets of our time, allowing users to really have the knowledge that their token is backed up with a real piece of gold in a vault brings their mind to think about it every time they use the Kinesis system or Kinesis cards to make a purchase.

 

The main benefits of having a token backed 1:1 by gold or silver are: Eliminate the fear of currency instability. Break the barrier between gold/silver markets from any place around the world while updating the mechanism to buy/sell precious metals involving the blockchain technology. Always have absolute and total control of your values

 

 

Connecting real values with crypto gives an unexpected vision to cryptocurrencies, the fact that something real backed virtual assets like tokens open a window to attract those kind of people that wouldn’t believe in anything that’s not real and touchable, making this move give them that sense of reality they needed. And maybe, they could be catch by this kind of market transforming them into active users of the system.

 

In fact, these could be a perfect scenario to make an application of Kinesis, imagine an uncle, like those uncles that doesn’t believe in any token because a token “ have no value at all”, picture that you talk to that uncle and speak about kinesis and how they’re adapting and implementing the gold standard in a virtual token. Your uncle may say his famous phrase “virtual money is no money, it doesn’t have value at all”, BUT you can argue that this token indeed have a very real value, that it’s backed by an explicit number or grams of real gold or silver, located in a real vault and that he even can buy anything with this money using a debit or credit card. Maybe, this uncle change his mind and, with your help, initiates his path in virtual realm of crypto. Maybe, using all his knowledge and experience he can achieve huge success in virtual and real assets.

 

Another use case could be, a person like myself, a girl who lives in a country with hyperinflation and have almost no way to save money to her future, investing in a token that is equivalent to grams of gold/silver may be the right decision in this moment, after all, like grandma says “ gold is forever” and a token can be bought anywhere in the world, the security aspect has been perfectly covered because the real gold/silver isn’t even here with me, but safe away in a vault somewhere on the planet and the money is available if I get to need it anytime.

 

Additionally, as a point in Kinesis's favor, it’s found that it’s backed by ABX who have about 7 years of experience in the precious metals and virtual currency exchange market. ABX is like a big brother who will show you the best way to do your things better. So his advices should be very important in the development of Kinesis ecosystem.

 

 

Token and currencies

As in any crypto project, Kinesis has also its token the Kinesis Velocity Token (KVT) limited to only 300.000 holders who will receive a 20% share fee from the Kinesis system. The KVT token allow to users perform any operation in the system, buy, sell or exchange it, besides the opportunity to be among the users with the life time 20% share fee.

It's important to mention that ICO launch is coming in November 2018 as the image show:

 

 

Kinesis team has also a perfect planning in how they're going to spend the incomes, the following image explain it for itself

 

 

Also, Kinesis system has two currencies:

 

 

The currencies are KAU and KAG, as people can imagine Kinesis uses the symbol from the period table to identify their currencies, KAU is equal to 1 g of gold and KAG is equivalent to 10 g of actual silver, they’re allocated in vaults around the world. In order to use these currencies people can use any card, it could be a debit or a credit card Visa or Master, also people can use the wallet or even the blockchain exchange to make a trade taking into consideration any value in the kinesis system.

 

 

The Team

 

Kinesis was thought and created by a gifted group of visionaries with many years of experience in similar fields.

The following image shows the executive committee, people with great experience and the will to share they knowledge to make bigger this project

 

 

 

Summary.

 

In the economics field, the most famous concept and known by all is the gold standard, according to which the value of the currency is given by the amount of gold that it represents

 

This concept had remained unexplored in the virtual trade commerce until now, with the emergence of cryptocurrency projects backed with gold or silver, such as Kinesis, these kind of projects are combining the best of two worlds, the most valuable and stable asset in the world (gold) and the blockchain technology.

 

Kinesis offers the opportunity to use the power of gold in transactions that take effect immediately, promoting in an innovative way not only the trade of these precious metals but also generating an environment of stability in the value of a virtual currency, an innovative approach to effectively connect crypto world with assets in real world.

 

 

 

If you need to more information about this project please review the following links:

To general information you can check their Website

To know the project specifications, you can go to their Whitepaper or their One pager.

Join their Telegram group here and Linkedin

Also, you can join their Twitter or Bitcointalk

And review others link like Medium, You Tube and Github

Also you can follow them in Steemit

This is my entry for @originalworks contest, you can join it here.

All images are from whitepaper.

 

kinesis2018

kinesistwitter

https://twitter.com/nowonline3/status/1036762683108929537

 

 

Disclaimer

The information contained within this post shall not be taken as financial advice. I am not a financial advisor and none of your investing should be carried out based on any information presented here. You can lose all of your money by investing. The following information is for educational and entertainment purposes only.