Kinesis’ usage-based model rewards participation and enables access to the fair, ethical solution of gold and silver-backed currency.
23rd December, London: Kinesis Money, the monetary system based on 1:1 allocated gold and silver, launches its historic Referrer’s yield, paying out physical gold and silver, back to all referrers.
A total of 25,043 KAU (25kg of physical gold) and 3624 ounces of Silver, with a total value of 1.54 million USD has been distributed to referrers.
Going forward, all system participants, whose referral activity contributed to the growth of the platform, will be rewarded with a recurring, monthly yield.
Since the company’s inception in 2019, over 80,000 users have joined the Kinesis Money financial ecosystem, enabling the use of gold and silver as stable and spendable currencies.
As Kinesis Money progressively broadens its global adoption, Kinesis users will continuously benefit from Kinesis’ innovative yields system, earning monthly returns, proportional to the transactional volume and number of users joining the Kinesis community.
Thomas Coughlin, CEO of Kinesis says:
“The Referrer’s yield comes at a pivotal time in the global expansion of the Kinesis Money ecosystem, as our offering acts as proof that the economic and social pitfalls of the current, global monetary model are solvable. The Referral programme will be inclusive of individuals, businesses and governments alike, and anyone seeking to benefit from the fair and ethical advantages of gold and silver-backed currencies”.
Referrers receive an ongoing 7.5% share of all transaction fees generated by their successfully onboarded referees.
The Referrer’s Yield is well positioned to welcome an inflow of new system users and integrate physical gold and silver as a vital element of their everyday banking needs.
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Spend and save in physical gold and silver.
Our story
We believe your money should be fair, tangible and honest.
Our vision
Our vision is to open up the true, enduring value of physical gold to the world, within a monetary system that introduces access, value and efficiency to all, while rewarding everybody who participates.
Our story
In 2011, the early imaginings of what would later become Kinesis were percolating in the mind of Thomas Coughlin, CEO. Thomas Coughlin envisioned a transformation of the global monetary system, a transformation that echoed the radical innovations he had made in the precious metals trading sphere, years earlier. Emergent technologies were fast catching up with the vision he had long held of a revolutionary new approach to money; where physical gold and silver were currencies digitally integrated within the economy, where all participants in the economy were rewarded equally.
Following years of careful planning and meticulous design, Kinesis was born. When the Kinesis blueprint hit the desk of investors worldwide, the response was monumental. Kinesis went on to become the 10th largest capital raising vehicle in 2019, selling a total sum of 190 million dollars in tokens.
Over 10 years’
Experience
100,000+
Users
150+
Countries supported
Since its inception, Kinesis has achieved that which was assumed unachievable. Not least the technological feat of digitalising the timeless value of gold into spendable currency, integrating seamlessly with all financial infrastructure, old and new. In deriving a passive yield from gold, the Kinesis yield engine has accomplished what thousands of years of economic history could not. However, the impact of Kinesis financial technology extends beyond the monetary. Kinesis’ fair remittance provision and mobile financial access are changing the lives of financially underserved citizens in developing nations the world over.
The Kinesis team brings passion, dedication and commitment to bringing about the transformation of a broken economic system. Kinesis extends an open invitation to the people and governments of the world: become a part of a universally rewarding monetary system, without barriers or borders, operated in money that is fair, honest and holds value over time.
Industry Leaders in the commodities and exchange spaces
Kinesis was founded by strategic partners, Allocated Bullion Exchange (ABX), a leading online exchange platform for physical bullion, with deep expertise gained from over 10+ years in the precious metals industry.
Prior to the conception of ABX in 2011, the precious metals trading industry was ingrained with systemic inefficiencies and run on archaic trading practices, where manual trading and open outcry were the norm. The manual trading process was problematic, expensive and inefficient, and in desperate need of transformation.
ABX, headed by Thomas Coughlin, recognised the opportunity for technological evolution. The company began laying the mass technological infrastructure for the first truly global electronic institutional exchange for allocated physical precious metals. Over the course of the last decade, ABX has modernised, globalised and integrated the precious metal markets, redefining the way physical bullion is traded. The result, an introduction of unprecedented efficiency, security, confidence, cost-effectiveness and accessibility to the physical precious metals industry.
ABX is no stranger to the disruptive force of technological progress. Kinesis brings ABX’s experience of wholesale systemic innovation to our mission to revolutionise the global monetary system. A mission in safe hands, steered by the invaluable industry insight of ABX.