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Full Name
Kinesis Velocity Token (KVT)
Symbol
KVT
Algorithm
ETH Token
BTC Price
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BTC Market
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BTC 24h Vol
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Total Coins Mined
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1h
24h
7d
Description

Kinesis Velocity Token (KVT) Crypto ICO Description

The Kinesis project aims to create a new type of monetary system based on physical asset-backed cryptocurrencies that incentivize use and investment through a unique multifaceted yield system. 

The Kinesis primary cryptocurrencies,  KAU and KAG, are based 1:1 on allocated physical gold and silver giving the holder full direct title to the bullion backing them. Through the Kinesis debit card, users can convert these currencies into fiat instantly, allowing them to be spent and withdrawn all over the world. The yield-bearing dimension is added through various methods: 

The Minter Yield allows users to receive a 5% share of transaction fees on the Kinesis network by converting fiat or physical bullion into KAU and KAG. Depositors Yield allow depositors to receive a 5% share of transaction fees on their initial deposit on the Kinesis Wallet. The Holder Yield allows holders to receive a 15% share of fees while holding the currencies. Lastly, the Recruiter Yield rewards people who recruit and refer new users to the system.

The Kinesis Velocity Token (KVT) is an Ethereum-based (ERC-20) cryptocurrency and is available during the Kinesis ICO. KVT token holders receive a proportional 20% share of all transaction fees associated with all Kinesis currencies and a further incentive of 20% of all commissions from the Kinesis Commercial Centre (KCC).

Technology

Kinesis Velocity Token (KVT) Crypto Technology

Sorry, detailed technology about Kinesis Velocity Token (KVT) is not currently available

Features

Kinesis Velocity Token (KVT) Crypto Features

Sorry, detailed features about Kinesis Velocity Token (KVT) is not currently available

ICO Status

Kinesis Velocity Token (KVT) ICO Details

ICO Status
Ongoing
Token Supply
300000
Start Date
2018-09-09
End Date
2019-03-17
Fund Raised (BTC)
60,822 KVT
Fund Raised (USD)
N/A
Start Price (USD)
1000
Security Audit Company
N/A
ICO Legal Form
LLC
ICO Jurisdiction
Cayman Islands
Legal Advisers
Serica Legal & Advisory
White Paper

The Kinesis project aims to create a new type of monetary system based on physical asset-backed cryptocurrencies that incentivize use and investment through a unique multifaceted yield system. 

The Kinesis primary cryptocurrencies,  KAU and KAG, are based 1:1 on allocated physical gold and silver giving the holder full direct title to the bullion backing them. Through the Kinesis debit card, users can convert these currencies into fiat instantly, allowing them to be spent and withdrawn all over the world. The yield-bearing dimension is added through various methods: 

The Minter Yield allows users to receive a 5% share of transaction fees on the Kinesis network by converting fiat or physical bullion into KAU and KAG. Depositors Yield allow depositors to receive a 5% share of transaction fees on their initial deposit on the Kinesis Wallet. The Holder Yield allows holders to receive a 15% share of fees while holding the currencies. Lastly, the Recruiter Yield rewards people who recruit and refer new users to the system.

The Kinesis Velocity Token (KVT) is an Ethereum-based (ERC-20) cryptocurrency and is available during the Kinesis ICO. KVT token holders receive a proportional 20% share of all transaction fees associated with all Kinesis currencies and a further incentive of 20% of all commissions from the Kinesis Commercial Centre (KCC).

Team:

  • THOMAS COUGHLIN: Chief Executive Office 
  • MICHAEL COUGHLIN: Chief Financial Officer 
  • DAVID CHARLES: Non-Executive director 
  • DAVID UNDERWOOD: Non-Executive Director
  • ROSALYN CHARLTON: Chief Technology Officer 
  • ERIC MAINE: Chief Strategy Officer
  • JAI BIFULCO: Chief Marketing Officer. 
  • RYAN CASE: Chief Commercial Officer. 

The Kinesis ICO began on September 9, 2018 and will last until November 12, 2018. The ICO token allocation represents 70% of the total supply and will be available for a $1000 base price. The ICO funding target and cap is set at $300,000,000 USD

Token Reserve Split (30%):

  • 5% Advisors
  • 9% Founders & Management
  • 3% Bounty Campaign
  • 10% Reserve
  • 3% ICO Marketing

The KVT ICO features a bonus campaign.

Bonus Structure:

  • 2.5% ends 9th Sept 2018
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