When it came to cryptocurrency scaling, the Kinesis money team came up with an innovative blockchain solution for the currency package. The rapid transaction speeds and optimum security of the Stella blockchain, from which it was split, are carried over onto this new blockchain. In order to increase the performance of this derived blockchain, Kinesis money extended the capabilities of the derived blockchain to develop an entirely new blockchain platform.
One gram of gold is digitally linked to one token (995 gold) for KAU, and ten grams of silver is digitally linked to one KAG using a set of currencies. Each stamp will have a serial number attached to it, which will serve as the recyclers' identification number.
There are wholesale contracts available for kilograms of pure gold and 1000 troy ounces of silver, as well as for other precious metals. They are all identified by the same serial number, and they are all backed by the assurances provided by ABX and Kinesis Currency Exchange (KCX).
System of profitability based on the rate of return
Kinesis money is distinctive in a number of ways. Additionally, it not only provides solid digital money that is guaranteed by gold and silver, but it also compensates users for contributing to the economy on a commercial level. Money moves through the system at a fast rate, and individual participation determines the quantity of remuneration (profitability) that can be earned. This additional value is the outcome of the net economic activity generated by the use of Kinesis money in the course of trading.
The Kinesis currency package will act as a stabilizing influence in the cryptocurrency field, while its use will be aggressively encouraged, resulting in a significant increase in speed. Other cryptocurrency holders who possess volatile cryptocurrencies can achieve price stability by changing their volatile coins to Kinesis. Consequently, the Kinesis collection of currencies will be particularly beneficial to businesses and merchants.
The following characteristics of this speed-based yield scheme are present:
In order to be profitable, minting must entail the conversion of bullion and fiat currencies purchased on the Kinesis main market into KAU and KAG coins purchased on the secondary market, among other things. The incentive (profitability) received by each Minter is proportionate to the number of coins they have manufactured, the speed at which transactions are conducted, and the amount of money that moves through the system in a given time period. (See the table below for more information.)
When users make their initial deposit straight into the kinesis wallet, they are rewarded with contributor profit, which they may use to further their cryptocurrency investments. As customers transact with Kinesis money from their wallets, they also generate depositor income for the company. The quantity of income that is given out is directly proportionate to the speed with which the initial deposit is made.
Return to Holders: Return to holders is the financial compensation offered to platform users who opt not to effectively trade on the platform in exchange for their participation. This encourages people to invest in the platform rather than in traditional asset ownership options such as bank deposits, stock market investments, or other types of asset ownership. The following conversation exemplifies the procedure:
Profitability for Recruiters: Members are compensated for introducing new users to the Kinesis money system, which increases their overall profitability. Affiliate profitability or recruiter profitability are also terms used to describe this form of incentive.
The following is a thorough examination of the profitability of each user type and activity type:
Token
A service token ERC20, the Kinesis Velocity Token receives a portion of the transaction fee collected by the money Kinesis system and distributes it to its users. All transaction fees related to all Kinesis currencies are split evenly among KVT holders, and an extra 20 percent of all profits from the Kinesis Commerce Center are split equally among KVT holders (KCC).
Use
Case John is an experienced investor in fiat currencies. He is interested in learning more about cryptocurrencies, but he is concerned about the volatility of cryptocurrency prices and the inability to anticipate possible returns on investment. He made the decision to examine the cryptocurrency that was the least likely to yield a profit. The Kinesis money website was discovered while conducting internet research, and it highlights the inherent hazards of investing in bitcoin as well as why Kinesis money is a superior parallel marketplace to traditional financial markets. He signed up, purchased some coins, and is pleased to see that his investment is rising slowly and maintaining a somewhat stable value, as opposed to the way he believes cryptocurrencies should behave.
Kinesis money provides an extraordinary advantage over traditional creations such as bitcoin, the fiat system, and precious metals trading, and is fundamentally different from them. This provides investors with confidence in the coin's long-term stability, something that is sorely lacking in another cryptocurrency. In addition, it has a unique profitability mechanism that motivates participants to participate actively. It is anticipated that this transformation will accelerate the widespread acceptance of cryptocurrencies until enough people receive rewards for their investments.
Hashtags: #Kinesis $KAG $KAU #cryptocurrency #blockchain #decentralization
Official links for more details,
Website : https://kinesis.money
Telegram : https://t.me/kinesismoney
Facebook : https://www.facebook.com/kinesismoney
Instagram : https://www.instagram.com/kinesismoney
Twitter : https://twitter.com/KinesisMonetary
Youtube : https://www.youtube.com/c/KinesisMoney
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