Kinesis is a blockchain project that has established an updated structure which supersedes any monetary system available in the world today.
Kinesis is a system that improves the the way value is stored or exchanged in the digital world. So as a cryptocurrency holder, exchanger of trader, you will be incentivized under the Kinesis ecosystem.
Kinesis seeks to create an internationally fungible monetary system in a way that digital assets --your cryptocurrency-- is pegged at 1-1 with either gold or silver. The Kinesis ecosystem functions to generate bonus profits for those in its existing platform. This system will discourage hoarding as a means of keeping it safe on a bearish market. On Kinesis, you get rewards for either keeping your crypto or selling them.
It is understood that for sound money to be a successful global transaction currency against legal tender currencies, Sir Thomas Gresham's economic principal that ''bad money drives out good'' must be defeated. This is an observation of human behavior and money where people who value one currency over another will hold onto and hoard the more valued tender, while spending the currency they value less.
It is a general belief that hodling is the best option for a crypto-owner during a bearish market, given the cryptocurrency market volatility. Now imagine a system that incentivizes you for using your tokens as a medium of exchange? That's super cool if you ask me. Now we dont have to lock away value in a wallet in wait for a bull market.
The Kinesis monetary system
Kinesis uses it's own token (KVT) as an instrument to reward users who carry out buying and selling within the platform.
''Core to the mechanics of the system is the perpetual incentive and stimulus for money velocity.'' Whenever money is brought into the Kinesis ecosystem via investment through token purchases, each unit of fiat currency is backed 1:1 with either gold or silver and is then attached to a proprietary yield system which promotes trading while creating a platform for sharing the wealth generated by the members of it's economy.
The three major assets used by Kinesis is a proof that you can generate profit by spending. And spending not just in a friendly environment but also with a confident mindset.
1| Gold (KAU) and Silver (KAG): The primary currency on the Kinesis ecosystem is backed at thesame ratio value as gold and silver.
2| Yeild: This is generated as a result of the economic activities going on in Kinesis. Spending creates yield in the system.
3| Blockchain: an improved digital asset with an asset-backed currency and multifaceted yield. There is also plans by the Kinesis team to add currency notes and other digital asset in their system.
The Kinesis' balanced and well grounded structure is disrupting the following market
- Cryptocurrency markets
- Gold and Silver markets
- Fiat currency Markets
- Investment markets
With the secure atmosphere provided by Kinesis tradings in these various markets are far less risky and profit derivable. You dont get charged for trading or exchanging your assets. Rather you are encouraged with incentives and given a more maximum return in profit.
Kinesis Monetary System Featured Components
The following are the monetary bodies put in place to ensure an all encompassing and effective business units which guarantees a profit driven ecosystem for the Kinesis users.
Kinesis Currency Exchange (KCX): KCX is a wholesale market where the currency is created and minted via Allocated Bullion Exchange.
Kinesis Blockchain Network (KBN): KBN is the blockchain on which the suite of Kinesis tokens is built. The tokens can be spent, stored or traded.
Kinesis Blockchain Exchange (KBE): KBE is a blockchain digital currency exchange where the tokens representing physical assets can be traded. KBE is always under development to ensure deep liquidity for KVT
Kinesis Financial Network (KFN): KFN is a mobile banking system where the currencies can be used for savings, payments and movement of money.
Kinesis Commercial Centre (KCC): KCC performs an online aggregator platform of goods and service providers, enabling the Kinesis currency suite to be seamlessly utilized as payment for participating merchants.
FOR MORE INFORMATION
- Kinesis.Money Website
- Kinesis.Money Whitepaper
- Kinesis.Money YouTube
- Kinesis.Money Telegram
- Kinesis.Money Steemit
- Kinesis.Money Bitcointalk
- Kinesis.Money Medium
- Kinesis.Money Twitter
Kinesis2018
This is my entry into the writing contest organized by @originalworks. You can find the contest post here
Here is my Kinesis tweet
https://mobile.twitter.com/AustinDrisklef/status/1036715952467922944?p=v
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