In today's world, the era of blockchain, cryptocurrencies and mobile devices is incorporated. This is because users in the global economy come with a great opportunity to apply creative ingenuity to money. It is how, despite this opportunity, the current payment systems based on blockchain technology and its cryptocurrencies suffer from significant volatility, apart from the fact that they are unpredictable, in some moments it is believed that they go up and down with margins in red, which is how it is more convenient to invest in solid currencies.
The Kinesis Monetary System is designed to overcome all these obstacles through the development of an asset-based, decentralized and universally adopted monetary system. An efficient and secure monetary system that encourages commercial exchange.
What is kinesis?
"Kinesis is a new block chain project that, in a simple and practical sense, reinvents the wheel of the historic asset-backed financial system.
This system combines new decentralized technology with the oldest type of money, to empower and serve the interests of all of us from the point of view of equality and capital. Everything can define Kinesis as a stable, useful, secure and profitable platform that aims to facilitate trade.
The main elements of Kinesis are: The gold and silver.
Kinesis' primary currencies are backed by physical gold and silver allotments, the most stable and secure value reserves for use in investments and commercial and private transactions, and a perpetually recurring return generated from economic activity rather than from interest based debt, as is the case with normal or fiat money. Based on block chain and crypto-currency technology.
Kinesis is an ambitious project that can attract markets that are currently experiencing low or comparatively low returns. These markets include:
- Cryptocurrencies.
- Gold and silver.
- Fiat currencies.
- Investment assets.
Given the stability and security of the Kinesis Monetary System, participating in this project is less risky than betting on these markets and offers a potentially higher return. In addition, while banks have legal ownership of their clients' deposits and can put them at risk through highly leveraged strategies, the Kinesis Monetary System assigns ownership directly to the ultimate owner.
Highlighted components of the kinesis monetary system:
Kinesis is a full cycle monetary system, made up of all the elements and functions that an effective and successful monetary system needs. These functions form different business units within the same group.
The asset-based digital currency suite with a 1:1 allocation will incorporate the following products:
- Reservation and payment currencies.
- Physical gold and silver.
- Physical gold and silver bullion.
- Physical bank notes: EUR, JPY, GBP and CHF - Digital currencies: Investment currencies will be announced soon.
- Pair: Physical silver / physical paper.
How does Kinesis work?
Kinesis depositors will earn a return on their initial deposit and the purchase of Kinesis from their Kinesis wallet on the KFN network as soon as it has been shipped or spent. As Kinesis passes through the entire KBN network hand in hand, a proportionate share of the transaction fees will be shared perpetually with the depositor over the life of the currency. Profitability is based on the speed of currency circulation and derives from a perpetual proportional share of the transaction fees associated with the existing Kinesis currency. Profitability is also designed to maximize initial deposits in the blockchain Kinesis network by generously rewarding this first deposit. This is valid for all Kinesis currencies included in the Kinesis Digital Currency Suite. Kinesis seeks to raise more than US$200 million to grow its business and complete the integration of all elements of its digital currency based on physical assets, blockchain, payments, security warehousing and metals trading, as well as to begin its global trading program. The plan envisages a major closure at the end of the fourth quarter of 2018. Some $44.25 million is allocated to working capital over the next 15 months. A further $148.75 million is allocated for capital investment for platform integrations, financial and banking licensing, capital for market creation and a number of strategic investments in the supply line.
How do we do it? Invest or not?
According to my reading and what I could read, in December last year Bitcoin reached $ 20,000 each, and also the steem and steem dollar for those days could pass the $ 20 per currency, currently a steem does not reach a dollar, by this I mean that for those days had a lot of fiat money in the portfolios, was a perfect time to invest in gold bullion backed by kinesis. I do not want to say that now it is not reliable to invest will always be a perfect project because there is gold and silver in physical and only your certificate is enough. It is time to bet on new alternatives within the block chain that will allow you to secure your financial capital.
More Information & Resources:
Thanks to @originalworks
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