Kinesis is like your very own trading and investing platform that combines the security of fiat and outstanding price of cryptocurrencies. In short, it is an awesome blockchain project that gives you the best of both worlds of wall street and crypto.
Embracing and enhancing the investment of gold and silver, Kinesis takes on a high revolutionary strategy of decentralizing the old gold standard of money and creating a record-keeping hybrid on the blockchain that creates the needs of value storage in line with the monetary system we have today. The problem we face is the dangerous volatility of the current blockchain and cryptocurrencies we know. In a blink of an eye, you can instantly lost 200% of your total crypto investment and gain it months later. This makes many of the blockchain projects a failure and unsuitable for commercial exchanges.
The Kinesis Monetary System is specifically designed to give a tangible solution to these drawbacks through the development of a universally adopted, decentralized, asset-backed monetary system. It is efficient, secure, fair and incentivizes commercial exchange.
Benefits of Using Kinesis as Your Financial System
1. It seeks to create an “internationally fungible monetary system”
This means Kinesis is designed to give back to users who participate on the new blockchain project which results in a solution that open doors for cryptocurrency to an average citizen.
2. It defeats Sir Thomas Gresham’s economic principle that “bad money drives out good”
In a brief explanation, this means that human behaviour on money dictates that people will hold onto their most preferred currency over other currencies and continuously prioritize it thus, possibly ending the value of the least favorite currencies. The problem is that hoarding only one currency can make its inflation in an all-time high which creates a huge dent on the economic principle of our society. Kinesis found a way to make all currencies even out on the blockchain that makes no one too above or too below.
3. It stimulates the movement of capital.
What is impressive about Kinesis is its effectiveness in making a progress on both fiat and crypto currencies. It acts as a system that encourages commerce and economic activity as well.
Primary Elements of Kinesis
Below are the Primary Elements of Kinesis:
- Gold & Silver
Kinesis primary currencies are efficiently backed by 1:1 with allocated physical gold and silver. This means that whatever happens, whether the internet crashes or apocalypse is nearing, you will still have your investment tangible through golf or silver. This is the greatest stable and definable storage of value for commercial and private transaction and investment.
- Yield
A recurring yield generated from economic activity, not from debt-based interest like fiat. Kinesis designed their yields on a smart volatility of cryptocurrency but still maintains realistic approach on yielding.
- Blockchain & Cryptocurrency Technology
This is enhanced by asset-backed currency and multifaceted yield system.
Kinesis Market
The good news is Kinesis cam attract a humongous market specifically on the categories of:
Cryptocurrency Markets
Gold & Silver Markets
Fiat Currency Markets
Investment Asset Markets
Kinesis boast an efficient and secure blockchain system that is inherently less risky than other alternative markets and offers an exponential return. Volatility of cryptocurrency iis too great for mass adoption and price inflation on fiat is at the discretion of Central Banks only that’s why this amazing project has been born - to address such problems in our financial system.
Allocated Bullion Exchange (ABX)
Allocated Bullion Exchange (ABX) is the world’s leading electronic institutional exchange specifically designed for allocation of physical precious metals like gold and silver since 2013. The exchange has seven trading, pricing and vaulting hubs across the globe and has recently partnered with Deutsche Borse Group entity European Commodity Clearing (ECC). What is impressive with ABX is how smooth and successful the company’s operation ever since they have started.
Moreover, ABX has large physical broker or dealers and traders around the world which means a strong foundation of the system. All bullion has a verified audit trail with multilayered third-party audit and verification in place. They also regularly audit and use a transparent holdings system. ABX provides a safe facility to enable suppliers act as liquidity providers and, access and sell metals in the exchange in an affordable price. Kinesis, together with ABX, gives the benefit from international liquidity and attract clients all over ghe world.
Kinesis holders simply enjoy the benefits of the economic activity of the system while having their money held in the circulation.
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An entry for @originalworks' Kinesis Contest
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