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NEM Pegging Cryptocurrencies to Gold Will Reduce Volatility, Kinesis CEO Claims
Cryptocurrencies are notoriously volatile. Their values fluctuate on a nearly daily basis, either for better or worse. Solving this problem… read more
Kinesis (KVT)
Promote Your ICO ListingOverview
Symbol:
KVT
Token sale opening date:
10 Sep 2018 (2 years ago)
Token sale closing date:
07 Sep 2019 (1 year ago)
Description:
Kinesis has introduced yield-bearing digital currencies, based 1:1 on physical, allocated, gold and silver. When you purchase Kinesis currencies, you are simultaneously allocated real gold or silver stored securely in one of several third-party vaults around the world ensuring no counterparty risk. These digital coins (KAUs represents the gold-based coin and KAGs represents silver), can easily be spent at point of sale through the Kinesis debit card, allowing users to make fast and safe transactions. Holders of Kinesis currencies can redeem the coin and take delivery of the underlying physical precious metal guaranteeing intrinsic value with this cryptocurrency.
The Kinesis Velocity Token (KVT) public sale is now live, with a successful pre-sale raise of $55 million Kinesis is on track to achieve the hard cap target of $300 million.
This initiative was founded by ABX, a leading online exchange platform for physical bullion, with deep expertise in the gold industry.
Details
Country:
Cayman Islands
Team
Members:
Kinesis News
Disclaimer
The information provided here does not constitute investment advice, financial advice, trading advice or any other sort of advice and you should not treat any of this content as such. None of the information should be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. We do not endorse or rate any initial coin offerings or cryptocurrencies listed or mentioned, nor do we encourage our readers to invest in anything. Investing in initial coin offerings or any cryptocurrency is considered a speculative and high-risk activity and we strongly encourage all investors to perform their own due diligence and consider their own circumstances before considering an investment.