Quote from: Stacy18 on December 22, 2018, 04:08:01 AM

Quote from: marina101 on December 22, 2018, 04:01:30 AM

Kinesis has several tokens they are launching, their primary currencies being KAU and KAG. These two tokens are backed by gold and silver, respectively. This is in addition to their KVT token which is currently being offered in their public sale. The KVT token is their Kinesis Velocity Token. This is an ERC20 utility token for the Kinesis network. Holders will be long term investors and believers in the Kinesis project and will receive a proportional 20% share of all the transaction fees that transpire on the Kinesis network from the use of the KAU and KAG tokens. This is in addition to 20% of all commissions from the Kinesis Commercial center or KCC.

Kinesis has employed in its ecosystem the stellar blockchain network, which has the capability of running a number of transactions ranging above 3000 in a matter of seconds. This enables the users to obtain quick results of data confirmation and general crypto information.

The coins KAU and KAG are backed on a 1:1 ratio. This means one gram of gold to one KAU coin and ten grams of silver to one KAG coin. KAU and KAG refer to the chemical names of gold and silver on the periodic table of elements. When someone wants to create these coins, they utilize Kinesis KCX or Kinesis Currency Exchange. When purchased with fiat currency, or alternatively bullion holdings, the Kinesis coins are then emitted into their Kinesis wallet at the same time. These coins can then be used immediately.