Kinesis Gold and Silver-Based Cryptocurrencies: A Game Changer for Digital Currency

A New Era for Cryptocurrencies

The world of digital currencies has long struggled with a pesky little issue: price volatility. But hold on to your wallets because Kinesis is aiming to change that with a shiny new monetary system based entirely on the allure of gold and silver. Enter KAU (the gold-backed coin) and KAG (the silver-backed counterpart), designed to make your crypto dreams not only a possibility but a reality.

Real Assets, Real Ownership

Unlike your typical cryptocurrencies that might leave you feeling like you’ve thrown your money into a black hole (who even knows what’s backing them?), KAU and KAG are based one-to-one on allocated physical gold and silver. This means that if you own these coins, you’ve got the full title to the bullion backing them. So yes, that shiny gold bar might not be in your living room, but at least you own it—good luck telling your significant other about that purchase!

Instant Access and Usability

If you’re wondering how to actually spend these coins, Kinesis has got it figured out. The KAU and KAG coins can be loaded onto a debit card. Sounds too good to be true, right? Well, once you’ve got that card in hand, you can convert your digital wealth into good old fiat currency in a flash to pay merchants that accept Visa and Mastercard. Withdrawals are also a breeze with access to cash machines. Your shiny new cryptocurrency just became your best friend.

Why Gold and Silver?

Kinesis touts gold and silver as “two of the greatest stable and definable stores of value for trade and investment.” Let’s face it; when in doubt, go classic! Their proprietary blockchain, a clever fork off the Stellar blockchain, promises users speedy transaction times and customizable fees. Who doesn’t love a fast lane, especially when it comes to your hard-earned dinero?

Earning Passive Yields: It’s Raining Gold!

Participation in the Kinesis ecosystem is not just about making transactions; it’s about earning wealth while you sleep! The company has concocted four distinct yield categories for users:

• Minter Yield: Convert your fiat or bullion into KAU or KAG coins, and you score a juicy 5% share of the transaction fees.
• Depositors’ Yield: Make your first deposit into a Kinesis Wallet? Yep, you get that 5% again.
• Holder Yield: Just for holding KAU or KAG? Say no more! You’ll snag 15% of transaction fees, credited monthly.
• Recruiter Yield: Bring a friend to the party, and voilà—more cash for you!

Meet the Visionary Behind Kinesis

Tom Coughlin, the founder of Kinesis, also runs the Allocated Bullion Exchange (ABX). Essentially, he’s on a mission to connect buyers and sellers with direct access to the wholesale bullion market. With years of infrastructure already in place, minting gold and silver is just one of those tasks that Kinesis can handle like a pro.

Aiming for Four Target Markets

Kinesis has its sights set on four key markets: precious metals (where a yield can be the cherry on top of your investment sundae), cryptocurrency enthusiasts (who might just swap their shoddy coins for something more reliable), and those curious about the benefits of gold and silver.

Token Launch Timeline

If you’re feeling FOMO about getting involved, look no further! A presale for Kinesis Velocity Token is currently open until September 9, followed by an Initial Token Offering from September 10 to November 11. The excitement continues with a pre-ICO running until February 28, 2019, leading to the public Initial Coin Offering launching on March 1, 2019. Better mark your calendar!