Kinesis - Revolutionary Payment System Backed By Precious Metals

Overview

Cryptocurrencies are gaining much more popularity faster than expected. The crypto industry has significantly grown and expanded, however, it is recognized that the industry has two major problems, lack of stability and reduced throughput these currencies can offer. Because of this speculative nature, they are not been used for day-to-day transactions. This makes many of these mediums unsuitable for commercial exchange. The Kinesis Monetary System is specifically designed to overcome these drawbacks.

What is Kinesis?

Kinesis is a global trading and digital asset utility platform and mobile application, which facilitates the exchange, management, and monetary application of native physical gold and silver-based digital assets and cryptocurrency.

The Kinesis Monetary System is efficient, secure, fair, and incentivizes commercial exchange. This system combines new world decentralized technology with the oldest, fairest, and most sustainable form of money, to empower and serve the interests of us all equally and capitalistically.

Vision of Kinesis

The vision for Kinesis is to deliver an evolutionary system that through participation, enhances money as both a store of value and as a medium of exchange, for the benefit of all. Vision is to make Kinesis, a comparative energy system to stimulate the movement of money, assets, commerce, and economic activity in a fair, honest, and rewarding process.

Mission of Kinesis

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.

Kinesis is a transformational monetary system that digitalizes the value of gold, silver, and cryptocurrency into spendable money. Kinesis blossomed out of the Allocated Bullion Exchange, which started as an Australian gold and silver physical bullion storage company in 2011. By combining blockchain technology with the longstanding dependability of gold and silver bullion, Kinesis represents an alternative to unreliable fiat currencies.

Kinesis offers two distinct investment opportunities: a modern, easily transferable, and secure modality by which to purchase and store precious metals, and a stake in a potentially revolutionary global financial service (KVT).

Features of Kinesis

Kinesis Mint - The Kinesis Mint functions as the wholesale market where the currency is created and minted. This occurs in an institutional centrally cleared exchange with deep liquidity and connectivity into global wholesale trading organizations via Allocated Bullion Exchange (ABX).
Kinesis Blockchain Network (KBN) - KBN is the blockchain technology upon which the Kinesis suite of cryptocurrencies is built. Kinesis currencies can be sent, spent, saved, or traded through the blockchain. Coins purchased in the wholesale market are emitted into the KBN with incentives based on money velocity.
Kinesis Exchange - Kinesis Exchange operates as a blockchain digital currency exchange where Kinesis and other digital currencies can be traded. This is being developed internally to ensure deep liquidity for the Kinesis currencies
Kinesis Financial Network (KFN) - The KFN serves as a mobile banking system where Kinesis currencies can be used for savings or payments, remittances, and money movement. This facility also has a Mastercard and Visa debit card and accompanying companion card facility providing the ability to use Kinesis as a payment currency across the world
Kinesis Commercial Centre (KCC) - The KCC performs as an online aggregator platform of goods and service providers, enabling the Kinesis currency suite to be seamlessly utilized as payment for participating merchants.

Ecosystem of Kinesis

Purchasing precious metals with Kinesis

. When you "mint" in the Kinesis system your purchase directly brings physical gold or silver into the Kinesis vaults and a blockchain token is created. KAU is the gold token and KAG is the silver token.

. Each subdivision of a gram of gold or ounce of silver is legally titled and held by a single person on the blockchain. The tokens are easily divisible into smaller fractions similar to bitcoin.

. The gold and silver is fully allocated on a 1:1 basis and legally owned by the investor
Kinesis allows the investor to withdraw their physical precious metals at the time of their choosing.

Earn

Kinesis rewards users for everyday participation in the system with yields paid monthly in physical gold and silver. Everytime transaction is made a small transaction fee is taken and move into a master fee pool. Thousand oftransaction fees are collected in the master fee pool everyday. Over half of the master pool gets distributed back to users every month as a type of yields like Minter's yield, Holders yield, Refferers yield, Depositors yield and KVT yield.

Yield Benefits with Kinesis on Precious Metals

Other asset-backed currency problems stem from the fact that precious metals and many other assets have no yield attached to them. A yielding asset like interest-bearing bank deposits or stocks paying dividends becomes a more attractive investment option for investors. The Kinesis Monetary System gives yield to these precious metals by attaching multiple yields for varying degrees of passive or active participation. The Kinesis yield system incentivizes the holding, spending, and trading of KAU and KAG, thereby eliminating these obstacles.

Debit Cards

Kinesis has introduced a Visa debit card to make spending KAU and KAG in everyday transactions feasible. You sell KAU or KAG to load the card with funds, for which Kinesis charges their standard 0.22% fee. Kinesis has already rolled out a physical debit card with a limit of $20,000 in the US. Later this year this card should also be available in the UK and Europe. They also have a virtual Visa debit card for worldwide use with a modest limit of $500 dollars.

The goal of Kinesis is to get merchants to start transacting directly via KAU/KAG transfers. Instead of paying 1.4-3.5% to the credit card companies, Kinesis' 0.45% fee would add up to significant savings for merchants doing a high volume of credit card transactions. Lower fees plus a yield sharing program should help drive online, high transaction volume retailers towards the Kinesis system.

Trust and Security

Kinesis’ primary currencies are backed 1:1 with allocated physical gold & silver, the greatest stable and definable stores of value for use in commercial and private transactions and investment. Kinesis utilizes the multi-layered third-party audit and verification system of ABX’s Quality Assurance Framework. The holders of Kinesis currencies holds the full legal title of the underlying quantity of physical gold and silver.

Redemption of physical precious metals

. Kinesis investors have the ability to withdraw their physical gold and silver out of the vaults and have it shipped directly to their homes. This will cost about 8% in fees on 200 ounces of silver

. Using Kinesis to acquire physical silver or gold at a discount will likely catch on with people who want to accumulate the physical precious metals and should be a strong revenue stream for Kinesis.

. If you remove your metal from the Kinesis vaults the corresponding KAU or KAG are removed from the blockchain to keep the tokens in a direct 1:1 ratio.

International money transfer and remittances

Kinesis Money charges a flat 0.45% fee to transfer your digital gold and silver to anyone in the world with an account. This would be an ideal system for international workers looking to send money back home to their families. With Kinesis there are no forex fees because you are sending gold or silver. The transfer happens immediately. They report their system can handle over 3000 transactions per second so there is a significant ability to scale.

What is Kinesis Velocity Token KVT?

The Kinesis Velocity Token is a utility token that receives a portion of the transaction fees from the Kinesis Monetary System components. The KVT is an ERC20 token, requiring an ERC20 compatible wallet.

KVT holders receive a proportional 20% share of all transaction fees associated with all Kinesis currencies and 20% of all commissions from the Kinesis Commercial Centre (KCC).

Tokonomics

Token Name - Kinesis
Token Tocker - KVT
Network - Ethereum
Total Supply - 300000 KVT
Token Value 1 KVT = 1000 USD

Roadmap

Conclusion

The Kinesis system thereby provides a digital currency, backed by precious metals, that will appeal to both investors and consumers alike. Kinesis can be used as an investment tool for those looking to hold precious metals in a secure and economical way. Kinesis also aims to leverage this system to provide financial services to the underbanked citizens of the world on a large scale. Kinesis is an emerging company with tremendous upside potential. Investors have the ability to invest in the company now and help shape the future of the company going forward.