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ICO «KINESIS»

⭐ Finance

Ongoing
5.00 (3 ICO reviews)

ICO «KINESIS» Listed:

July 26, 2018
Community Member:

Kinesis Team

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KINESIS ICO image

ICO Description

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’.

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.

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.

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ICO Details

ICO «KINESIS» ICO Start: September 10, 2018

ICO «KINESIS» ICO Finish: March 17, 2019

ICO «KINESIS» Symbol: Kinesis

ICO «KINESIS» Platform: Stellar

ICO Rating

Idea
5.00
ICO Team
5.00
ICO Advisors
5.00
Whitepaper
5.00
ICO Website
5.00
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