Writing Contest: Kinesis. Future Of Money

in #originalworks6 years ago (edited)

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Source of the image taken from the webside of Kinesis and modified with PowerPoint

Introduction

Since countries began to market and conduct transactions with other countries, they needed to keep their economies safe from the volatilities of the world market and to make them support their financial systems and the issuance of money from their economies with a pattern that all countries will support, accept and give stable value to their economies and financial systems, this is the gold and silver standard as a means of supporting their economies.

In the economy of cryptocurrency markets there is a phenomenon that drives away serious investors and is the great volatility of the market. The blockchain system, despite being a decentralized, safe and reliable system, is a market very sensitive to speculations of all kinds that cause its markets to suffer great losses or profits. This volatility coupled with the often cumbersome conversion of these cryptocurrencies into fiat currencies makes them commercialized in real life is complicated and often slow.

Kinesis was born to solve these problems because it unites and fuses the financial system of the gold and silver standard, with the new decentralized blockchain system. This hybrid opens the doors to the best of the old and the best of the new to create a free financial system of centralized governments that hinder the real free trade of supply and demand, creating with it a healthy, decentralized, strong financial system and reach of all.

What is Kinesis?

Kinesis is a decentralized project that combines the new technology of the blockchain with the oldest money form backed by a financial system that ensures its value with the gold and silver standard, making its platform stable, useful, safe and rewarding to facilitate the trade in the real world.


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Kinesis Monetary System

Kinesis is a revolutionary system that goes beyond any current monetary system. Improve money as a stock store and as a means of exchange.

Kinesis introduces digital currencies with performance based on 1: 1 in assigned physical gold (KAU currency) and silver (KAG currency). These coins offer a unique performance to encourage adoption and encourage its use. When KAU and KAG are transferred between holders, the network charges a commission of 0.45% which then accumulates and distributes monthly, in variable proportions, to users in the Kinesis monetary system as performance.
The attached use of a single multifaceted performance system is encouraged.

THE KINESIS MARKET ENTRY STRATEGY

Kinesis has a realistic entry strategy to the system, based on four areas that Kinesis tries to break in initially, which are:

• Cryptocurrency markets.
• Gold and Silver markets.
• Fiat Currency Markets.
• Investment Asset Markets.

Kinesis with its performance system has had to develop the Kinesis protocol that is less risky than other traditional financial systems. This is because the expense increases the Net Present Value of the assets that are exchanged.

Something innovative in Kinesis is that it assigns asset value titles to its clients and not to financial institutions, thereby avoiding country risk and giving value (wealth) to its owners and not to institutions.

Kinesis has partnered with important and well-known institutions such as: Allocated Bullion Exchange, who are associated with the Deutsche Borse Group, who are associated with the European Commodity Clearing liquidation service.


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KINESIS INITIAL TOKEN OFFERING (ITO)

Kinesis Velocity Token (KVT) is a utility token compatible with ERC-20. This token will be used to increase the capital needed to launch the Kinesis monetary system. The KVT Token holders collectively earn a percentage of the transaction fees of the commercial operators of the system.


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KINESIS INITIAL COIN OFFERING (ICO)

This is the offer of KAUM and KAG coins is a cryptocurrency sale backed 1: 1 gold and silver bullion.
These tokens have been diverted from Stellar Network and are the medium of all Kinesis monetary system transactions.


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KINESIS MONETARY SYSTEM FEATURES AND COMPONENTS

Kinesis architectures for your operations:

• Kinesis Currency Exchanges (KCX): wholesale market where coins are minted.
• Kinesis Blockchain Network (KBN): is the chain of blocks where the set of kinesis tokens is built.
• Kinesis Blockchain Exchange (KBE): a blockchain digital currency exchange where assets can be exchanged.
• Kinesis Financial Network (KFN): a mobile banking system where currencies can be used for savings, payments, remittances and money movements; Includes debit Mastercard and Visa access.
• Kinesi Commercial Center (KCC): an aggregation platform in lines of suppliers of goods and services that accept token (KAG and KAU) as a means of payment.


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KINESIS CURRENCY SUITE

Kinesis opted to use Stellar Network for its speed in transactions and greater security in the protocol to facilitate the expense of KCC. Here the currency package will be used to digitally join the KAG and KAU coins which will have a serial number attached to a seal of the metals refiner.

VELOCITY-BASED YIELD SYSTEM

Kinesis relies on its users receiving a financial reward based on their participation and overall speed.

This creates a return based on the interest of the economic product compared to the financing of the debt.

Kinesis uses the Tether example as a reference to stabilize the KVT price but without the counterpart risk of the fractional reserve banking system, since all Kinesis transactions are made through bullion exchange networks.

The KVTs are limited to only 300,000 and the holders of the KVT tokens will receive a proportional participation of 20% of the transaction fees of the Kinesi Monetary System. The initial ITO offer offers a unique opportunity since, being limited, it offers investors discounts in phases. The earlier they invest, the greater the discount benefit for investors.

YIELD SYSTEM PARTICIPANTS

Something new to highlight is the performance that everyone who participates in the Kinesis ecosystem will have making the platform the best way to invest and safeguard the investment, thanks to which it retains its value by being backed by the gold and silver standard and its ease as a medium. of commercial exchange of goods and services.

Performance Minter:

They are those users who create the currency in the primary markets and spend them in secondary markets. They receive a proportional part of the transaction fees with performance of Kinesis coins.

Holder Performance

It provides a performance to the passive participation in the Kinesis currency, that is, as long as the currency is maintained.

Affiliate Performance
When users of the ecosystem refer new users.

Depositor Performance

Applicable in the user's initial deposit directly in his wallet.

Personal experience

A few months ago I had saved some money in the banking financial system that with much effort I managed to accumulate to pay the initial of a car, but due to bad economic policies of the Government in the country I live, which would have meant the entire initial payment , lost its value due to inflation and the increase in the cost of goods and services. The rate on yields for money deposited in the bank was negative.

If I had invested in the Kinesis tokens this would not have happened, because by being backed by their gold and silver coins my savings would have maintained their value and would have generated a return by keeping my KAG or KAU coins, and I would not be affected by it either. the political or economic decisions of any government, since Kinesis is a decentralized platform.

For this reason Kinesis is the best way to preserve the value of your assets and to invest wisely.

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