Cryptocurrencies: 1905 / Markets: 13123 Market Cap: 24h Vol:
Description

Description


The Kinesis project aims to create a new type of monetary system based on physical asset-backed cryptocurrencies that incentivize use and investment through a unique multifaceted yield system. 

The Kinesis primary cryptocurrencies,  KAU and KAG, are based 1:1 on allocated physical gold and silver giving the holder full direct title to the bullion backing them. Through the Kinesis debit card, users can convert these currencies into fiat instantly, allowing them to be spent and withdrawn all over the world. The yield-bearing dimension is added through various methods: 

The Minter Yield allows users to receive a 5% share of transaction fees on the Kinesis network by converting fiat or physical bullion into KAU and KAG. Depositors Yield allow depositors to receive a 5% share of transaction fees on their initial deposit on the Kinesis Wallet. The Holder Yield allows holders to receive a 15% share of fees while holding the currencies. Lastly, the Recruiter Yield rewards people who recruit and refer new users to the system.

The Kinesis Velocity Token (KVT) is an ERC20 token based on the Ethereum blockchain and that is available during the Kinesis ICO. KVT token holders receive a proportional 20% share of all transaction fees associated with all Kinesis currencies and a further incentive of 20% of all commissions from the Kinesis Commercial Centre (KCC).

Full Name Kinesis Velocity Token (KVT)
Start Date N/A
Algorithm N/A
Proof Type N/A
Website https://www.kinesis.money/
Twitter @kinesismoney
Facebook https://www.facebook.com/kinesismoney/
Reddit https://www.reddit.com/r/Kinesis_money/
Block Number 5790656
Block Time N/A
Block Reward 3
Previous Total Coins Mined N/A
Net Hashes Per Second 263,573,362,941,996.81 H/s
ICO Details

ICO Details


The Kinesis primary cryptocurrencies,  KAU and KAG, are based 1:1 on allocated physical gold and silver giving the holder full direct title to the bullion backing them. Through the Kinesis debit card, users can convert these currencies into fiat instantly, allowing them to be spent and withdrawn all over the world. The yield-bearing dimension is added through various methods: 

The Minter Yield allows users to receive a 5% share of transaction fees on the Kinesis network by converting fiat or physical bullion into KAU and KAG. Depositors Yield allow depositors to receive a 5% share of transaction fees on their initial deposit on the Kinesis Wallet. The Holder Yield allows holders to receive a 15% share of fees while holding the currencies. Lastly, the Recruiter Yield rewards people who recruit and refer new users to the system.

The Kinesis Velocity Token (KVT) is an ERC20 token based on the Ethereum blockchain and that is available during the Kinesis ICO. KVT token holders receive a proportional 20% share of all transaction fees associated with all Kinesis currencies and a further incentive of 20% of all commissions from the Kinesis Commercial Centre (KCC).

Team:

  • THOMAS COUGHLIN: Chief Executive Office 
  • MICHAEL COUGHLIN: Chief Financial Officer 
  • DAVID CHARLES: Non-Executive director 
  • DAVID UNDERWOOD: Non-Executive Director
  • ROSALYN CHARLTON: Chief Technology Officer 
  • ERIC MAINE: Chief Strategy Officer

The Kinesis ICO started on the 17th of February and will last until the 12th of November 2018. The ICO token allocation represents 70% of the total supply and will be available for a $1000 base price. The ICO funding target and cap is set at $200M

Token Reserve Split (30%):

  • 5% Advisors
  • 9% Founders & Management
  • 3% Bounty Campaign
  • 10% Reserve
  • 3% ICO Marketing

The KVT ICO features a bonus campaign.

Bonus Structure:

  • 2.5% ends 9th Sept 2018
ICO Status Upcoming
Token Supply 300000
Start Date 2018-02-17
End Date 2018-11-12
Fund Raised (BTC) N/A
Fund Raised (USD) 15000000
Start Price (USD) 1000
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction Cayman Islands
Legal Advisers N/A
Blog https://medium.com/@kinesis
White Paper https://www.kinesis.money/documents/whitepaper.pdf