KINESIS - The Future of Money

in kinesis •  3 years ago  (edited)

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KINESIS MONEY
If you are new to Kinesis or the kinesis is monetary system, it is a program developed in partnership with allocated bullion exchange limited from Australia. The kinesismoney is registered in the Cayman Islands and the reason for that is the Cayman Islands reputation as a leader for international finance and its commitment to international regulatory standards through a widely admired regulatory regime as per cases on words. Kinesis money is primarily a set of digital currencies backed one to one against precious metals, where you get all the benefits of cryptocurrencies, the public ledger, the widespread availability fast transaction speeds and also a backed in security, but also a true store of value with the one to one backing against gold, silver and coming soon emeralds, this one to one backing is audited regularly to make sure the amount of digital currencies in circulation, match the amount in their physical storage facilities. Historically, it has been audited twice a year, besides the currencies, it is also a parallel monetary and banking system that can integrate and help transition current banks into the future. This includes virtual and physical debit cards and enterprise integrations into existing payment providers in various countries around the world that they have an experienced executive team, and regionally located leaders and strategic advisors to actually make this thing a reality. It's an exciting opportunity that started as an idea conceived in 2011 with formal development beginning in 2015.

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THE KINESIS MONEY YIELD SYSTEM
What makes Kinesis a great opportunity for passive income is the yield systems. This isn't a make a quick buck type of program, it's a methodical, long term strategy that works to ensure the sustainability of the whole system, and provide you with a long term passive income opportunity if you buy into the vision, they've introduced five types of yields that you can participate in these yields come from the transaction fees paid into the system, each transaction on the system charges as zero point 45% transaction fee, a relatively small fee per transaction, but can add up to some significant passive income generated at scale, I'll outline the yields now

  • The Minters Yield is designed to bring new gold and silver into the platform, it came online at the end of 2020. 25% of the fee pool is allocated to this mentors yield
  • The holders yield is provided to people who hold on to Kinesis cryptocurrencies in their wallet. This is a purely passive return designed to compete with traditional stock dividends are earning interest in a traditional savings account, 15% of the fee pool goes toward the holders yield.
  • The Deposit Yield is applicable on the initial deposit into your account. Its purpose is to incentivize large initial deposits, similar to opening up a new bank account and receiving a reward for that 5% of the fee pool goes towards the depositors.
  • The referral yields offers a small incentive to bring in more participants into the ecosystem, you'll receive 7.5% of the fees paid via referrals, forever.
  • The Kinesis velocity token yield in my opinion is the most exciting opportunity for passive income generation that Kinesis offers, it's like getting stock as an early founding member of a team with a stock that generates you dividends for life. The Sealed accounts for the largest proportion of the fee pool at 20%, only 300,000 of these tokens will ever be made available, and by holding just one of these tokens, you'll be allotted, one 300,000 of the 20% fee pool for all transactions on the Kinesis platform for life,

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KINESIS PUBLIC MINTING OFFER
Kinesis kicked off a public meeting program back in the summer to incentivize people to put gold and silver into their system to earn these Kinesis velocity tokens are kvt for every 500,000, US dollars worth of gold and silver minted into the platform you can earn one kvt your minting is also counted as 3x The minting efforts which is also an added bonus, the minting process is necessary to ensure the one to one matching of gold and silver to their cryptocurrency equivalents K au and kg, this minting process allows you to purchase gold and silver and lot sizes of 100 grams of gold and 200 ounces of silver on the open market through the ABS minting system for basically Spot Price In US dollars, your purchase allotment of minted precious metals gets stored away in one of the various vaulting facilities Kinesis uses throughout the world, and you are given a digital representation of this SKU or kg. These get added to your digital wallet in the Kinesis monetary system, or you can hold on to it as an investment, spend it in the real world with your Kinesis virtual or physical debit card or sell it on the cases exchange into other currencies or participate in Mint cycling a process where you buy physical gold and silver, sell it on the Kinesis exchange and do that over and over again to earn those kvt. In my own experiences, this process of flipping USD for golden, silver and back again cost about $500 for every $50,000 of precious metals minted,this is a great opportunity,

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ROADMAP
This year, they've done a pretty good job of hitting their milestones, a few projects were delayed a few weeks, but I can't really fault them for that even the kind of year that we've had, they launched native mobile apps for iOS and Android revamped the Kinesis exchange to make it easier to manage accounts and perform the minting process, They also added more currencies to the exchange, which adds more versatility into the currency pairs that can be traded volume on the exchange has grown rapidly over the year, specifically for the Kut/USD market pair hitting 2 million daily volume transactions fairly consistently now some pairs are still pretty low, so there is work to be done to get more adoption into the exchange.

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PARTNERS OF KINESIS
Kinesis list of partners is growing fairly nicely, their previously announced integration with Indonesian POS go seems to be live and in the early stages of a rollout. In October 2020, they announced a partnership with Seabury asset management which will see a new physical asset class added to the canvas Kinesis emerald tokens are KDM backed one to one against Emeralds 1k M equaling one carat of emerald gemstones. This will see $100 million worth of emeralds enter the cases Exchange, which is very interesting in terms of volume on the system. There are 305,000kau,
approximately worth 17 point 7 million US dollars and 480,000 kag worth approximately 11 point 5 million US dollars, so there's a lot of work to get to that 1% penetration of the trillion dollar gold market in terms of future growth and development now much has been revealed as to what they'll be working on next, the rest of the yields are expected to come online this year.

CONCLUSION
The Kinesis Ecosystem gives alot of investors globally to the party exposure of gold. Members will be have the opportunity to trade in gold and silver, and also store them and in then receive rewards from a portion of the day ecosystem generated revenue.

#Kinesis $KAG $KAU #cryptocurrency #blockchain #decentralization

For more info
Website: https://kinesis.money/trader/
Whitepaper: https://kinesis.money/wp-content/uploads/2021/07/kinesis-whitepaper-en.pdf
Twitter: https://twitter.com/KinesisMonetary
Facebook: https://www.facebook.com/kinesismoney/
Telegram: https://t.me/kinesismoney
Reddit: https://www.reddit.com/r/Kinesis_money/
Linkedin: https://www.linkedin.com/company/kinesismoney/
Instagram: https://www.instagram.com/kinesismoney/
Medium: https://kinesis-money.medium.com
Youtube: https://www.youtube.com/c/KinesisMoney

MY PROFILE
BITCOINTALK UNSERNAME: LEON331300
BITCOINTALK URL: https://bitcointalk.org/index.php?action=profile;u=2215507;sa=summary
Email: [email protected]

Telegram: @Leon3313000

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