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Kinesis

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The Kinesis Monetary System enhances money as both a store of value and a medium of exchange, and has been developed for the benefit of all.

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Overview

Project industryFinance Services & Banking
Product typeCryptocurrency
FoundedCayman Islands
WhitepaperKinesis White Paper Open

What is Kinesis

Kinesis introduces yield-bearing digital currencies based 1:1 on allocated physical gold (KAU currency) and silver (KAG currency). The Kinesis currencies offer a unique yield system to encourage adoption and stimulate use. When KAU and KAG are transferred between holders the network collects a 0.45% fee that is then accumulated and distributed monthly, in varying proportions, to participants in the Kinesis Monetary System as a yield.

ABSTRACT

With the evolution of blockchain, cryptocurrencies and mobile devices, participants in the global economy have been presented with a profound opportunity: a chance to apply ingenious creativity to money and to be part of an empowering peoplecentric revolution. Yet, despite this opportunity, current blockchain payment systems and their cryptocurrencies have suffered from severe price volatility, limiting their holder’s desire to be used as tender. This makes many of these mediums unsuitable for commercial exchange.

The Kinesis Monetary System is specifically designed to overcome these drawbacks through the development of a universally adopted, decentralized, asset-backed monetary system. A monetary system that is efficient, secure, fair, and incentivizes commercial exchange. This system combines new world decentralized technology with the oldest, fairest, and most sustainable form of money, to empower and serve the interests of us all equally and capitalistically.

This paper outlines our vision and philosophy behind the Kinesis Monetary System, detailing the core components and products supporting its innovative ecosystem. More importantly, analysis is provided that specifically highlights Kinesis’ unique currency specifications and quantitatively proves the concept behind our incentivized multifaceted yield system. These features differentiate Kinesis as a stable, useful, secure, and rewarding platform to facilitate commerce.

Vision

The vision for Kinesis is to deliver an evolutionary step beyond any monetary system available in the world today. A system that through participation, enhances money as both a store of value and as a medium of exchange, for the benefit of all. Much the same as our sun unconditionally delivers an indiscriminate share of energy to planet Earth that stimulates life, we see Kinesis as a comparative energy system to stimulate the movement of money, assets, commerce, and economic activity in a fair, honest, and rewarding process.

Mission

The mission of the Kinesis monetary system is to deliver an internationally fungible monetary system, designed to give back to those who participate, and thus, create a solution for the global need for sound, reliable money. It is understood that for sound money to be a successful global transaction currency against legal tender currencies, Sir Thomas Gresham’s economic principle that “bad money drives out good” must be defeated. This is an observation of human behaviour 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. Similarly, given cryptocurrency market volatility, it is often a crypto-holder’s view that their crypto-assets will rise in value or that they must hold on to them to wait for prices to recover. As a result, there is no incentive for that token to be used as a medium of exchange, thus promoting hoarding behaviour

Kinesis Monetary System

Kinesis, in its world changing mission, embraces and rewards the use of its own currency, stimulating the movement of capital, acting as a system that encourages commerce and economic activity. Core to the mechanics of the system is the perpetual incentive and stimulus for money velocity. Outside capital is attracted into Kinesis via a very attractive risk/return ratio and then put into highly stimulated movement. This is achieved through giving money 1:1 direct allocated asset backing and then attaching a unique multifaceted yield system that promotes exchange and fairly shares the wealth generated by the Kinesis Monetary System according to participation and capital velocity.

The primary elements of Kinesis are:

  • Gold & Silver – Kinesis’ primary currencies are backed 1:1 with allocated physical gold & silver, the greatest stable and definable stores of value for use in commercial and private transactions and investment. Allocated means that full direct title to the bullion used for the 1:1 backing of KAU and KAG coins is allocated to the owner of the respective coin.
  • Yield - A perpetually recurring yield generated from economic activity, not from debt-based interest like fiat currency. Provides definable value via Net Present Value (NPV) calculations for use in commercial, institutional and retail investment.
  • Blockchain & Cryptocurrency Technology- Enhanced by asset-backed currency and multifaceted yield system
  • The Kinesis system can be overlaid on top of anything that can be standardized, traded, and stored as value. Accordingly, we are developing a kinetically charged cryptocurrency suite with allocated title of bullion, fiat banknotes, cryptocurrencies, and other assets that are secured physically and digitally stored in our allocated Kinesis banking and asset management system. By attaching a yield to currency or asset tokens, risk/return ratios can be forecasted and virtually all currency and investment asset markets can be targeted and infiltrated. As such, over time we plan for more currencies and assets to be added, ultimately infiltrating more markets spread across the world. This form of currency has necessary real-world application in both commerce and private transactions, along with attracting capital from institutional and retail investors as well as savers.

    Kinesis will attract capital from markets that are currently experiencing little or comparatively low yields. These include:

  • Cryptocurrency Markets
  • Gold & Silver Markets
  • Fiat Currency Markets
  • Investment Asset Markets
  • Given the Kinesis Monetary System’s stability and security, participating in the Kinesis system is inherently less risky than these alternative markets and offers potentially greater return. Furthermore, where banks conversely hold legal title of their customer’s deposits and can put these deposits at risk through highly leveraged lending strategies, the Kinesis Monetary System allocates title directly to the ultimate beneficial owner. Thus, at its core, Kinesis is a monetary system focused on minimizing risk, maximizing return, stimulating velocity, and maximizing the rate of adoption.

    Development Partner - Allocated Bullion Exchange (ABX)

    Kinesis and the Kinesis Monetary System has been developed in partnership with sister company Allocated Bullion Exchange (ABX). ABX (www.abx. com), the world’s leading electronic institutional exchange for allocated, physical precious metals has been in operation since 2013, has seven trading, pricing and vaulting hubs across the globe and has recently partnered with Deutsche Borse Group entity European Commodity Clearing (ECC) for clearing and settlement services (https://abx.com/2017/11/15/ ecc-abx/).

    Details

    Pre-sales: Feb 14, 2018 - Sep 09, 2018
    Public sales: Sep 10, 2018 - Mar 17, 2019
    Token supply: 300 000 KVT
    Total tokens for sale: 300 000 KVT
    Hard cap: 300 000
    Raised: 59,278,000 USD

    Legal

    Blockchain Platform: Ethereum
    Registration country: Cayman Islands
    Registration year: 2016

    Token info

    Ticker: KVT
    Type: Utility-token
    Token price in USD: 1 KVT = $1,000 USD
    Accepted currencies: ETH, Fiat
    Bonus program:
    2.5% ends 9th Sept 2018
    Token distribution:
    70% - Kinesis Community
    10% - Reserve
    9% - Founders and Management
    5% - Advisors
    3% - ICO Marketing
    3% - Bounty Campaign
    Funds allocation:
    38% - Strategic Investment
    24% - Trading & Operations
    20% - Tech & Dev
    10% - Sales & Marketing
    8% - Licensing

    Kinesis Roadmap

    1
    2016

    Conceptualizing the ways humanity could return to the Gold Standard.

    2
    Early 2017

    Investigating smart-contract capabilities across multiple leading cryptocurrencies

    3
    Mid 2017

    The build and completion of the proprietary Primary Marketplace environment.

    4
    Late 2017

    Development of both the unique and revolutionary Kinesis Currencies and Kinesis Velocity Token.

    5
    Early-Mid 2018

    Launching the Kinesis Velocity Token.

    6
    Early 2019

    The launch of Kinesis Currencies, whereby KAU is backed 1:1 by 1g of 99.99% pure physical gold and KAG by 10 grams of silver

    Project team

    THOMAS COUGHLIN
    THOMAS COUGHLIN
    Chief Executive Officer
    THOMAS COUGHLIN linkedin
    MICHAEL COUGHLIN
    MICHAEL COUGHLIN
    Chief Financial Officer
    MICHAEL COUGHLIN linkedin
    DAVID CHARLES
    DAVID CHARLES
    Non-Executive director
    DAVID CHARLES linkedin
    ROSALYN CHARLTON
    ROSALYN CHARLTON
    Chief Technology Officer
    ROSALYN CHARLTON linkedin
    ERIC MAINE
    ERIC MAINE
    Chief Strategy Officer
    ERIC MAINE linkedin
    RICHARD MELBOURNE
    RICHARD MELBOURNE
    Head of Operations
    RICHARD MELBOURNE linkedin
    BEN BRIDEAUX
    BEN BRIDEAUX
    Head of Projects
    BEN BRIDEAUX linkedin
    RYAN CASE
    RYAN CASE
    Head of Sales & Trading
    RYAN CASE linkedin
    JAI BIFULCO
    JAI BIFULCO
    Head Of Marketing
    JAI BIFULCO linkedin
    ZUBAIR BUKHARI
    ZUBAIR BUKHARI
    Content & PR Manager
    ZUBAIR BUKHARI linkedin
    DANISH KHAN
    DANISH KHAN
    Sales Executive
    DANISH KHAN linkedin
    ALTAN BAHTIYAR
    ALTAN BAHTIYAR
    Sales Executive
    ALTAN BAHTIYAR linkedin
    SOM RANGA
    SOM RANGA
    Financial Associate
    SOM RANGA linkedin
    JEREMY LEE
    JEREMY LEE
    Associate
    JEREMY LEE linkedin
    DANIEL CHAN
    DANIEL CHAN
    Sales & Operations Manager
    DANIEL CHAN linkedin
    SAM JESTON
    SAM JESTON
    Blockchain and Software Developer
    SAM JESTON linkedin
    CARL FOSTER
    CARL FOSTER
    Blockchain and Software Developer
    CARL FOSTER linkedin
    ALEX REVELL
    ALEX REVELL
    Full Stack Developer
    ALEX REVELL linkedin
    KIM NEPATA
    KIM NEPATA
    Blockchain Systems Test Analyst
    KIM NEPATA linkedin
    ANITA COFFEY
    ANITA COFFEY
    Blockchain automation test suite developer
    ANITA COFFEY linkedin
    ARCHIBALD BUTLER
    ARCHIBALD BUTLER
    Front End Web Developer
    ARCHIBALD BUTLER linkedin
    Nigel Owens
    Nigel Owens
    CTO
    Nigel Owens linkedin

    Advisors

    SHANE MORAND
    SHANE MORAND
    Marketing Consultant
    SHANE MORAND linkedin
    ANDREW MAGUIRE
    ANDREW MAGUIRE
    Precious Metals Specialist
    ANDREW MAGUIRE linkedin
    PÁDRAIG SEIF
    PÁDRAIG SEIF
    Advisory Board Member
    PÁDRAIG SEIF linkedin
    ROBERT COOKE
    ROBERT COOKE
    Blockchain Specialist
    ROBERT COOKE linkedin
    AXEL PAUL DIEGELMANN
    AXEL PAUL DIEGELMANN
    Co-founder - LPM Group
    AXEL PAUL DIEGELMANN linkedin
    WILLIAM KAYE
    WILLIAM KAYE
    Senior Director of PGL
    WILLIAM KAYE linkedin

    Social media

    Kinesis web-siteKinesis RedditKinesis MediumKinesisYouTubeKinesis TelegramKinesis InstagramKinesis BTCTalkKinesis LinkedInKinesis X (Twitter)Kinesis FacebookKinesis Github

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