Kinesis: The Game Changer

Image source: Kinesis Website

Kinesis is a revolutionary blockchain project that blends the unique advantage of bullion market and cryptocurrency. With Kinesis, one can take advantage of the bullion market and the cryptocurrency market at the same time. Even more, it is an unique investment platform that will allow users gain dividends from their investments.

An International Fungible Monetary System

Kinesis seeks to create what it calls an “internationally fungible monetary system.” To understand what this means, think of the current cryptocurrency space. It is estimated that a significant percentage of all tokens have never been spent. source This is because most people value their cryprocurrencies and would rather hold on to them than convert to fiat currency. With this new system, investors will be given incentives to trade their cryptocurrency.

A Currency Backed By Bullion (Gold and Silver)

Currencies backed by bullion are no new innovation. Today’s fiat currencies were once backed by precious metals. Before the arrival of paper money, precious metals served as currencies themselves. However, Kinesis is creating something even better.

Here’s how it works. When you invest in the Kinesis ecosystem, the money is backed by 1:1 with either gold or silver. This money (investment) is attached to a proprietary yield system. This means you gain in two ways:

1. Your money is ‘converted’ to gold or silver. This is easier, faster and safer than attempting to buy bullion yourself. What’s more, while your investment is safe from inflation.

2. You get dividends from your investment. Think of it as extra money for buying bullion. In other words, you are being paid for making sound investment decisions! The dividends are paid from the wealth generated from the Kinesis Economy.

How It Really Works - The Kinesis Economy

Kinesis has its own economy. This is an integrated system consisting of several parts. In this economy, there are three core assets:
Kinesis uses three core assets in this system: Bullion backed tokens, Yield and Blockchain.

Bullion backed tokens are the tokens the system operates on. They are backed with either GOLD (KAU) or SILVER (KAG). Those who own these tokens are actual owners of the bullion backing them. Think of the tokens as a receipt proving your ownership of the bullion
The Yield in the system is created through spending. Remember that Kinesis hopes to change the hoarding behaviour characteristic of many cryptocurrency HODLers.
This a distributed ledger system. It helps to protect the storage of value, ensure the transactions are foolproof and facilitate the tokenization of the bullion

Kinesis Opens The Bullion Market To All

When most people think of the bullion market, they immediately assume it is for a certain class of people. This is understandable given the stress and issues with buying bullion and storing it. For people who want to purchase large volumes, they often have to deal with the extra costs involved in pricing, transportation and storage. Kinesis does all of that thereby giving everyone an even playing field. The bullion market is now opened to all.

How Does It Work?

Kinesis provides this wonderful opportunity by disrupting for markets: Cryptocurrency, Bullion, Fiat Currency And Investment Assets Markets.

The selling of bullion falls under the Investment Assets Market. Rather than sell through the traditional means, which is not accessible to many, they offer these assets by exchanging fiat currency for Kinesis’ bullion backed tokens.

Participating in these four markets poses a great risk. However, the yield system Kinesis operates on (see above) insulates them as the system would benefit from exchange rather than suffer loss.

How Do You Get In?

You simply have to purchase the bullion backed tokens offered by Kinesis. By buying those tokens you are actually buying bullion real-time. So each time you check your wallet balance, what you see there is 1:1 equivalent of bullion.

This means you can buy bullion without having to look for a broker, fill forms and then take possession of the physical asset. You simply have to buy the token which can be done with a click of a button from the comfort of your home. Simple, fast and efficient.

The GOLD (KAU) and SILVER (KAG) backed tokens will be available for sale through the Kinesis Initial Coin Offering. Remember that the tokens are backed 1:1 by gold and silver bullion.

The Kinesis ICO is scheduled to begin on November 12th, 2018.

If you miss the ICO or you are unable to participate, you can always get the tokens from exchanges.

The Kinesis-Allocated Bullion Exchange Partnership

One of the beauty of the 21st century is the shift towards interdependency. Gone were the days were one man/organisation did it all alone. There is a lot to gain from working together. Kinesis recognises this, and has decided to partner with Allocated Bullion Exchange (www.abx.com). This is to ensure a successful execution of the project.

Allocated Bullion Exchange

The Allocated Bullion Exchange (hereafter referred to as ABX) is the first electronic exchange for physical precious metal trading (think of gold and silver). Launched on august 2013, ABX has been at the fore of the wholesale bullion exchange. The ABX are partners with the Deutsche Borse Group

The unique advantage of the partnership is the third-party auditing and verification system of ABX’s Quality Assurance Framework. ABX only accepts bullions that meets its predefined conditions. Since Kinesis will simply adopt this framework to ensure smooth execution while maintaining a high standard at the same time.

The Kinesis Alternative

Kinesis offers three important advantages over traditional over the counter buying of bullion
Offers everyday users the opportunity to invest in bullion without going through the stress and hassle associated with traditional bullion exchange
Offer a sustainable yield system for investors
Offer real-time ownership of bullion assets without the issues of pricing, transportation and storage.

Kinesis is set to revolutionise the bullion market, cryptocurrency market, fiat currency market and investment asset market. Take advantage of this unique offer.

To learn more, check out the official Kinesis website and take advantage of the resources including the whitepaper

Entry for Originalworks Writing Contest

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