Kinesis a new era of safer investment ( entry for contest @originalworks)

in #partiko6 years ago (edited)

What is Kinesis?

image

(Image source https://kinesis.money/en/kinesis-etheralabs/)
In this world of blockchain and flowing noise of cryptocurrencies has been proven to provide us not only a much better access or control the money but also a high rate of interest for the same amount in comparison to the traditional bank which work on centralization.
But far and far we knew there is a risk of holding them, if it's price go down to 0$ we have to suffer the loss. We will lose everything no matter how much amount we put in? That's a bitter truth and due to which a lot many of investors are still not ready to come forward and put their money in cryptocurrencies. Is there any platform in internet could fix this?
And yes will be my answer from 2018.

Today I am introducing kinesis, a revolutionary innovation of this era of cryptocurrencies.
Wait!!! How they can do this? What is the benifit of using them?
There is a lot of question and let me clear this first.

• When you put your money on gold it may not give you a good profit ( less possibilities) instead it will charge you additional amount for their security.
• Cryptocurrencies are too volatile, so nothing confirmed can be said about it.

What kinesis do?

image

When you are a depositor they convert your money/cryptocurrencies in the form of gold and silver (1:1).
Wait gold or silver? Yes, along with attachment of its quality proff that the company has given and reference number to your data.
By doing this your money will be safe as this precious metals value is internationally stablized.
Their interest system will help you to generate a valid interest just as a bank.
We will get their cryptocurrency and they are also planning to lauch their debit card which can be used just like visa and mastercard which you can use whenever you want and convert it into (fiat currency means real money, cash)
From ATM.
So, my cryptocurrencies earning will get stablized by investing in them. That's awesome! Isn't it?

With kinesis you are getting benifits of decentralization and centralization at one place. Pretty cool ( huh..)

What is kinesis velocity token?

"KVTs offer an investor a onetime opportunity to take a share of the Kinesis Monetary Systems entire revenue pool for life. The Kinesis Velocity Token (KVT) is a utility token and isn’t an asset-based currency. This is what is currently in pre-sale in the ITO that is running until September the 10th at a 2.5% discount. Then it will head into Public Sale until November 11th, 2018"Kinesis

"The token that rewards participants, proportionately to the growth of Kinesis Monetary System. To perpetuate growth of the Kinesis Monetary System, Kinesis have released the Kinesis Velocity Token (KVT). KVT’s are limited to 300,000 only and holders of the KVT tokens will receive a 20% proportional share of the transaction fees from the Kinesis Monetary System. This will create an additional layer of income for token holders on top of the value of the token itself."
(source Kinesis whitepaper.https://kinesis.money/en/kinesis-etheralabs/)

What are the benefits of having a currency backed 1: 1 by gold or silver?

The storage of cryptocurrencies in the form of gold and silver like precious metal will gain more values in upcoming years and it will be stable in comparison to other cryptocurrency. Moreover they have an interest generating system which gives interest to holder (15%) and depositors 5% share of transaction fee on initial deposit and then on the use of their walet. So, unlike or in general storage of such asset cost one's more money. Here you will generate interest on your investment with almost negligible change of getting any king of loss. As, their price are internationally assigned. So, almost no tension.

image

How does Kinesis money open up the bullion market to regular users?

Kinesis has an agreement with Bullion gold market which is otherwise restricted for million dollar companies.
So many little investment will be collectively used to trade with bullion and its benifit will be provided to all. The way and secret of storing and increasing wealth of multinational companies will be used for all.

Why does Kinesis have inherently less volatility?

Kinesis currency is based on gold and silver.
1KAU=1g gold
1KAG= 1g silver.
So, gold and silver are precious metal whose price will go up with the passage of time and it has very less chance of fluctuations. So, it is less lvolatile as compared to other cryptocurrencies and more stable.

how will the knowledge of ABX be translated into a successful execution for Kinesis?

ABX (allocated bullion exchange)
Is one of the world leading electronic exchange site for precious metals like gold and silver and has been operating from 2011.

"Founded in 2011, the Allocated Bullion Exchange (ABX) is an institutional exchange which brings global trading, price discovery and clearing facilities from different regions into one online trading environment via its market-leading trading platform, MetalDesk. The exchange migrates the trade of physical precious metals into the electronic environment; breaking down barriers to entry for the wholesale market, connecting the major liquidity centres of the world and fundamentally redefining the way physical bullion is traded. At the heart of ABX lies the key objective of establishing a world first allocated physical bullion exchange that is efficient, integrated and global.

" source: https://abx.com/"

What is the benefit of using Kinesis with respect to OTC alternatives?

Over-the-counter or off-exchange (OTC) trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs via exchanges.
But unlike this Kinesis supervise the exchange for you allowing you to have maximum benifits of decentralization.
With Kinesis as compared to other OTC site your e very bit of transaction would be not only faster but your wealth will be safe.
image

What would be a good use case?

Yesterday I watched a video of a young investor Jacky who withdraw his entire money from this platform.
Just because he said if that will be zero my thousands of the dollar will be 0.
And I have a family to feed.
But if such platform will grow strong then his investment and profit in this cryptoworld must be stored for a longer duration and will keep generating profit without its technically complex process of exchange to get the fiat money.
Kinesis provide fastest transaction and better security in comparison to others.

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For more information visit

(https://kinesis.money/en/kinesis-etheralabs/)

This is my entry for contest @originalworks

contest @originalworks.(https://steemit.com/crypto/@originalworks/980-steem-sponsored-writing-contest-kinesis)

              Kinesis 2018.

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