Creative Director
CurrentDramatic currency volatility is a cause of concern around the world – The move away from the gold standard around the world has left people at the mercy of central banking policies. It is in this context that a leading online institutional exchange (abx.com) for trading physical gold has created a new monetary system with a digital currency based 1:1 on allocated physical gold and silver. Kinesis is a reliable currency based directly on two of the most stable commodities on… Show more Dramatic currency volatility is a cause of concern around the world – The move away from the gold standard around the world has left people at the mercy of central banking policies. It is in this context that a leading online institutional exchange (abx.com) for trading physical gold has created a new monetary system with a digital currency based 1:1 on allocated physical gold and silver. Kinesis is a reliable currency based directly on two of the most stable commodities on earth. When you buy the currencies, Kinesis, you instantly purchase real gold or silver. This is secured in vaults around the world, free of charge. Your ownership of the gold is then digitised using blockchain technology, meaning you can hold or transfer your currency from the Kinesis digital wallet, spend the currencies easily using a debit card anywhere Visa/Mastercard is accepted, or trade them on the Kinesis Blockchain Exchange. Your holding can even be transferred back to physical gold or silver. By dividing the 0.45% transaction fees generated when people transact, a yield is given to those involved in the monetary system, incentivising its use as a medium of exchange. This is the first time that allocated gold ownership has delivered this kind of non-debt-based yield and currently we at Kinesis are securing funding via our Kinesis Velocity Token, a utility token that rewards early adopters with a 20% proportionate, passive return on the entire monetary system. This initiative was founded by ABX, a leading online exchange platform for physical bullion, with deep expertise in the gold industry. ABX is integrated with Deutsche Borse’s clearing house and already has extensive infrastructure and fully operational exchange technology for trade and storage of physical bullion in 7 locations around the world. Show less
