*** OFFICIAL *** By distributing profits from transaction fees, Kinesis provides a genuine low-risk alternative to investors at a time of uncertainty and heightened risk among traditional investments 30th September, London: Today, Kinesis Money, the monetary system based on 1:1 allocated gold and silver, launches its Holder’s Yield, whereby a portion of the yield pool, currently valued at $17.5 million, will be distributed every month to people who hold gold and silver with Kinesis. Until now, revenue amassed from the trading or investment in gold was speculative and subject to market fluctuations. Kinesis offers a competitive alternative, with a yield-sharing model that allows participants to increase their holdings of gold and silver, by paying a yield of 15% of overall transaction costs back to them each month. This unique yield system makes Kinesis the only logical place to own gold, as Kinesis stores its metals in world-leading non-bank vaults and covers all storage and insurance costs on behalf of Kinesis users. Gold investors who switch to Kinesis can earn a yield on all gold holdings, as opposed to paying monthly fees like storage and insurance. The Holder’s Yield combines the stable, enduring value of physical gold with a revolutionary model wherein users can earn a risk-free yield based on the mutual sharing of transaction fees as well as get access to its native trading exchange for a complete metals portfolio management solution. Importantly, as inflation begins to soar globally, The Holder’s Yield, paid out monthly in gold and silver, offers a virtually inflation-proof model for the creation of a fortified digital asset portfolio, designed for inherent growth and persistent value – an unmatched way of safeguarding wealth in today’s unpredictable economic climate. Marking a pivotal turning-point for the precious metals industry, gold has never been more accessible than at this very moment; Kinesis has taken gold, one of the most stable stores of value, and transformed the banking infrastructure surrounding the once hoarded, impracticable asset, so that it can be transacted like any other currency intended for mainstream uptake. Cementing what is an industry first, the Holder’s Yield is just the second of five yields that Kinesis will be bringing online over the course of 2021/2022, making Kinesis gold and silver one of the most exciting investments in the precious metals space in the last decade. Thomas Coughlin, CEO of Kinesis, says: “We’re calling on gold investors to make the switch to Kinesis. The Holder’s Yield is not just an industry first, it’s an economic first that renders traditional methods of storing gold obsolete. The yield that we distribute is based purely on transaction fees, meaning it can only generate a positive return – and with our growth, this will only keep growing. By turning the economic model on its head, and distributing some of our profits, we are creating a fairer and more ethical environment for our users to promote and encourage the use of digital gold.” Andrew Maguire, Director of Kinesis, says: “What we’re witnessing here is truly revolutionary for the precious metals industry. It’s unheard of; a yield system based on usage and transaction fee sharing is the solution to risky trading strategies and debt-based loan systems where people’s investments are at risk. And guess what? It’s just the beginning.”
*** OFFICIAL *** The ‘send-to-email’ payment feature enables Kinesis Money users to send digital assets, with only the email address of the recipient required. 30th September, London: Today, Kinesis Money, the monetary system backed 1:1 by precious metals, welcomes the ‘send-to-email’ function to its platform, facilitating the ease of rapid, secure, and easy gold and crypto payments globally. Importantly, this feature update will reduce any barriers to entry to the crypto and gold investment markets. With a rapid onboarding of new users to the platform, more will encounter the visibility and relevance of crypto and gold currencies in their everyday lives, opening the door for people to pay anybody in the world for their services, with the click of a button. Until now, sending crypto payments required information from two parties: a sender and a receiver, to exchange a private key, meaning ‘send-to-email’ will reduce any previous barriers for newcomers to crypto. The function allows instantaneous interaction with a user’s private crypto key via email, eliminating the need to exchange information, thereby making the sending of funds easier than ever. Thomas Coughlin, CEO of Kinesis, says: “We wanted to make the Kinesis platform more accessible than ever, eliminating any and all barriers to entry, with a feature that’s going to transform the way crypto payments happen on a global scale. It’s clear that users want the crypto sending process to be both practical and efficient so that digital assets become vital to our transactional lives.” In addition, through the ‘send-to-email’ feature, existing system participants have the opportunity to invite non-users onto the Kinesis Money platform, automatically qualifying them to receive the Referrer’s yield. The Referrer’s yield, launching next quarter, qualifies Kinesis participants for a 7.5% share of every single one of their referee’s Kinesis transaction fees, for life. The ‘send-to-email’ function launches in advance of the retroactive Referrer’s yield, built to trigger a large-scale adoption of the Kinesis Money platform. As the Kinesis system continues its global expansion, this feature will equip senders with a powerful means of entry into the world of digital gold currencies and crypto.