Since the beginning of creation, man has always found a way of exchanging values. For example through "trade by barter, gold, silver and fiat. Unfortunately, due to the bad habits of human beings, fiat money does not last long enough. This In return affects the economy. Recently in 2009, cryptocurrency was a revolutionary point in our development and with the major progress made thus far in blockchain development, there is much excitement in the air. Several mainstream systems have adopted blockchain solutions to improve services delivery in terms of speed and efficiency, we now see it being used both as a security and a utility commodity. More and more people are getting interested with cryptocurrencies as they get to hear success stories of people earning big time through investing in such digital assets. Unfortunately, with all the advantages that accompanies cryptocurrency, a lot of investors will rather use fiat currencies for day-to-day life transactions but cryptocurrencies for experiments rather than investing solely in it or use it as a store of value because of its high volatility rate.

Volatility has been one major setback hindering investment Cryptocurrencies because anything that trades in a free market without regulations or in a decentralized network is expected to experience severe volatility. The more reason people who have established a better position will immediately eject their wealth from the system after a successful trade. One minute you have gained by 100%, the next minute you have loosed by 500%. It is just like a game of riding the huge fluctuations of the cryptocurrency market.

But what if I’ll tell you that there’s this digital currency that combines blockchain technology with two of the most precious metals, an old monetary unit which are not arbitrary, namely, gold and silver?

It might be hard for you to believe but there really is a cryptocurrency that aims to have an actual value in the real world through establishing a 1:1 ratio of either gold or silver to a digital coin.

Kinesis is the ultimate answer.

KINESIS

Kinesis money is a superior blockchain-based ecosystem backed by gold and silver to create stability in cryptocurrencies. It tries to bridge the gap between the fiat banking, gold and silver markets and financial services with the immutability and freedom of cryptocurrency. By integrating physical bullions (gold and silver) to the emerging world of cryptocurrency, believed to have this significant amount of intrinsic value due to their scarcity, one will be encouraged to hold these crypto-assets for long-term.

FEATURES OF THE KINESIS MONETARY ECOSYSTEM.

Kinesis currency exchange (KCX): this will serve the market where KAU and KAG will be minted and created that's connected to ABX trading network.
Kinesis Blockchain Network (KBN) Kinesis currencies will be transacted in this blockchain network. You can either send, spend, hold, or even trade them depending on the holder’s discretion.
Kinesis Blockchain Exchange (KBE): This component functions as an exchange center for cryptocurrencies and Kinesis tokens. This allows the liquidity of the Kinesis tokens.
Kinesis Financial Network (KFN): Acts as a mobile banking system. Tokens can be saved, sent, and received. It has a debit card attached to it. Access points will be created, for real-time transactions.
Kinesis Commercial Centre (KCC): Functions as an online directory for goods and service providers, ensuring that the Kinesis suite can be used effectively in effecting transactions. This is done by integrating an API to allow merchants to participate in the Kinesis monetary ecosystem.

The Velocity-based Yield System

Kinesis rewards users that participates both passively and actively in the ecosystem. The volume of yield you get paid depends on the transaction that has taken place in the system, it all depends on your contribution. This extra value is derived from pure economic activity of using Kinesis money for trading.

Different people in the Kinesis ecosystem get rewarded in different ways.

Minters

By converting your fiat or physical bullion holdings (primary market) to KAU or KAG coins (secondary market ), it brings capital into the system and you become a Minter and receive 5% share of the transaction fees of your created coins when you use them continuously within the ecosystem, maintaining a stable economic system through incentives.

Depositors

Users who exchange fiat or other cryptocurrencies for Kinesis currency are rewarded with a 5% share of the transaction fees, when deposited in the kinesis users wallet and continue to receive depositors yield as they continue to transact with the ecosystem currencies through the KFN and the KCC.

Holder

Users who holds Kinesis tokens and choose not to trade actively on the platform will have 15% incentives of the share of transactions that is paid monthly which is generated by the KBN. This will encourage Kinesis users to hold their position and earn passively.

Affiliates

This component is used to increase the participation of new users in the ecosystem. Users who promotes Kinesis platform will have a fair share of rewards for involving new users. Apart from those who exchange their Kinesis tokens for other cryptocurrencies, it is worthy to note that, yields will begin to be deposited in the user wallet when they start to make transactions with the tokens inside the ecosystem.

Advantages of using kinesis

Price Volatility

One of the major downfall of cryptocurrency is it's high price volatility and has discouraged a lot of investors who sees it as an experiment. But with the aide of kinesis which is solidly backed up by Gold and Silver allocated in the ratio 1:1, volatility it's to a large extent, limited and prevents swings that normal cryptocurrency are known for.

Bullion market

Many people desire to have gold or silver but the possibilities of getting is very high due to one obstacle or another. People, who are novice get scared of buying a fake one or worry that they might be robbed of by their hard earned cash through swindlers. Even those who acquired it still undergo a lot of processes before converting it to liquid cash.

With Kinesis, bullions and property holders will enjoy the liquid form of their physical assets with a reasonable monetary equivalent of it in the market and be rest assured that you needn't worry about fees and risks.

Precious Metals Markets Issues:

Many people who acquire gold and silver for trading prefer to withold them in there treasure boxes and wait for the day to fix a decision to bring it to the market. However the holders constantly pay costs for the safe keeping of their precious metals without any yield attached to them.

Kinesis aims to reward these owners with yield on their holdings. This yield will be based on passive and active participation.

Fast Transaction Speed with little fees required.

If you are fairly knowledgeable or active in the crypto world you will know that about 95% of the tokens or "coins" in existence are based on the Ethereum blockchain. Apart from the fact that it is very unscalable, ethereum is already overloaded and so transactions take long to go through. This has resulted in high fees for "fast-tracking" transactions. This is very undesirable to users. Kinesis solves this by using its own blockchain which was forked off the Stellar Blockchain. It boasts superior speed and customised percentage-based transactions fees to stimulate everyday use.

Allocated Bullion Exchange (ABX)

Kinesis money is backed by allocated Gold and Silver in the ratio 1:1 in order to make it stable compare to other cryptocurrencies. To provide full security and availability of these gold and silver, kinesis partnered with Allocated Bullion Exchange (ABX) - world renowned marketplace for allocated physical precious metals. leader in worldwide precious metals exchange since 2013. ABX has modernized and globalized the precious metals market, opening the doors to all participants in the exchange of precious metals, such as jewelers, investors, producers and manufacturers. Kinesis will take advantage of ABX's extensive network of associates and infrastructure, expertise, security and its fully operational technology to exchange and store physical bullions in 7 parts of the world for bullion trading and management.

Use case

Sammy is an open minded guy that has always been ready to take up new challenges as they come. He was told about cryptocurrency and the benefits accrued to it. He bought the idea and invested a little amount to try it out and within a day, he'd gained about 500% profit. He regretted why he didn't put more money and he decided to raise his stakes by investing a large amount, unfortunately for him, he collided with a slump, and he lost considerable value in a short time. Feeling frustrated over his loss, he was introduced to kinesis by a high school friend. It took a long time before he was finally convinced to invest. By making use of the ecosystem, he is able to retain value and also earn passively by encouraging other people to join the system through referrals and for transactions made by his referrals with the Kinesis monetary system. Rather than holding on to his precious funds, he is getting his funds to work for him .

Token information

Road Map

Executive team

Operation team

More Information & Resources:

All images were derived from whitepaper.

This is a submission for the @originalworks contest here

Twitter link: https://mobile.twitter.com/SbamsonTammy/status/1037045207102115840

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The beauty of kinesis monetary system in blockchain