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Q4 – Quarterly update – Kinesis Global System Expansion

A personal update from Kinesis Money CEO and Founder, Thomas Coughlin, reviewing the historic milestones of the Kinesis Monetary system in Q4 2021 and providing an insight into 2022. Referrer’s Yield Launch & Global Adoption of Kinesis system The year 2021 ended strongly for Kinesis, with the milestone launch of the highly-anticipated Referrer’s yield, marked by the retroactive payout of physical gold and silver to the system participants who introduced new users to Kinesis. This being the third, successful yield release, bringing the company even closer to the completion of its innovative Kinesis yield offering. Partnership with Atlas Vaults & Brokers In the last quarter of 2021, Kinesis partnered with the leading Panama-based vaulting provider, broker and trading hub, Atlas Vaults & Brokers, introducing Kinesis’ 13th storage facility into the company’s ever-growing global vaulting network, which now spans 9 countries. In partnership with Atlas Vaults, Kinesis has brought online a competitive precious metals offering, with no insurance and storage costs, dedicated to servicing the Latin America region. Native Spanish and German website languages Kinesis is further expanding into key gold markets where English is not the primary language, bringing the Kinesis solution to regions that have an affinity towards precious metals. Aligning with local partners and Kinesis operations on the ground in these regions, we are starting to attract a wider base of individuals and institutions that are excited to get connected into the Kinesis Monetary System. Local language customer support is currently underway, with our global support capabilities and reach higher than ever. With more language additions on the way, in the immediate term Turkish and Russian languages will come online next, followed by Asian languages in line with our growing presence throughout Southeast Asia. Kinesis is bringing a monetary solution to areas affected by inflation, allowing more users to take full advantage of Kinesis’ extensive product offering. Live From The Vault Our ‘Live from the Vault’ series, featuring hosts, Andrew Maguire and Shane Morand, has now amassed a considerable viewership, with an additional 3,500 this quarter, tuning in for regular, in-depth analysis into the global precious metals market. This quarter saw guest stars, Robert Kiyosaki, the best-selling financial author and public figure, as well as Danielle DiMartino Booth and Mark Faber among others, providing specialist market commentary on gold, silver, and the current state of today’s economic system. With 1.2 million viewers on the channel, and 125,000 hours of market commentary watched so far, avid followers can look forward to more exciting guest appearances in the next quarter, with announcements soon to follow. Looking ahead to Q1 - 2022 Debit Card and Banking Partnerships Work with our new joint venture banking partner has commenced and we will be launching our new global virtual debit card programme to both individual and corporate accounts within the first half of this year. This solution will greatly expand the everyday utility of Kinesis as a monetary system. The multi-currency Kinesis Global Virtual Debit Card will enable users to easily transact their physical gold, silver, fiat and crypto holdings, in more than 200 different countries and territories. With the instant conversion of your full range of digital assets at the point of sale, this Kinesis debit card offering will be unique. Fundamentally, the Kinesis card will once again truly monetize precious metals while also offering a competitive edge over traditional banking solutions. Subsequent services to be released during the year will include: Traditional individual and corporate banking (bank accounts);Digital asset lending/overdraft facilities; andIntegration and linking to hard wallet solutions. The specific timeline of the card is not yet announced, however, we are in the final stages of the first phase and will announce the new partnership upon launch in a public press release. These partnerships combined with others queued will set the stage for Kinesis to have a tremendously expansive and strong global footprint in the banking and debit card space by the end of the year. Each release strengthens our value proposition and gets us closer to a “Lovable Product” where users will enjoy and love participating within Kinesis on a daily basis. Targeted regional commercialisation programs will follow these different releases in a strategically planned sequence. Velocity Yield Work is well underway on the Velocity yield, rewarding users for their spending and trading activity across the Kinesis Money platform and incentivising the use of gold and silver as a stable and globally accessible, everyday currency.The 10% Velocity yield will allow Kinesis users to earn a yield for spending their gold and silver with a Kinesis debit card, trading KAU and KAG pairs on the exchange, and trading minted Kinesis currencies. Every time a transaction is made, 10% of the execution fee goes to the Velocity yield fee pool, which is then paid back to all eligible Kinesis users. Upon its release, the first Velocity yield payout will be retroactively applied to all Kinesis participants' previous trading and spending activity. It’s important to note that the 10% Velocity Yield fee pool allocation came into effect on 1st November 2021, with the previous fee pool allocation of 5% applied to all transactions prior to that date. This, the penultimate yield to be released, will see those precious metals traders and spenders of the Kinesis Monetary System receive a payout in gold and silver for their routine transactional activity over the last two years. Indonesia Update We are pleased to announce that the Kinesis Indonesia tech team and business development team has integrated the Kinesis product offering with the national exchange - Jakarta Futures Exchange (JFX), together with the government-owned clearinghouse Kliring Berjangka Indonesia (PTKBI) and local banks. This is via a desktop application integrated with the KMS for the seamless trading of KAU by JFX institutional broker members for trading digital spot physical gold for their own account and/or on behalf of their clients. For the first time, the member firms of JFX and their millions of clients will be able to trade spot physical gold in international pricing and liquidity pools via the KMS/KAU. The product has been soft-launched as of January 2022, with a full JFX rollout and marketing campaign across Q1 2022 and beyond. The PT Pos Board of Directors has decided to add the PosGOLD app (updated name change from PosGO) and all the functionality as a subset of the existing PosPay App. The PosPay App has over 1 million accounts, with PosGOLD automatically being available to that large user base. In addition, as previous, PT POS will mandate all 45,000 employees to register a PosGOLD account. There are Indications from the PT Pos Board that the addition of PosGOLD to PosPay is planned for Q1 2022. The NUGold App project, in conjunction with the 100 million members Nahdlatul Ulama (NU) Islamic social organisation together with the Kinesis Indonesia teams, has completed the necessary bank integration for fx conversion during Q4 and is positioned to begin the planning for the launch in the coming months. We are extremely excited and confident that these initiatives will be a significant contribution to the overall success of the Kinesis vision and offering during 2022. As a reminder, each of the above product integrations – PosGold Syariah, JFX and NUGold are fully integrated with the KMS and as such, all trading of KAU via these applications contribute to the Kinesis Master Fee Pool. XLM & XRP additions We have continued to expand our core cryptocurrency offering on the Kinesis Exchange, allowing system users to further diversify their portfolios and optimise their crypto trading experience. Starting with the addition of the highly competitive XRP coin listed in November 2021, Kinesis is soon to further enrich its exchange offering with XLM and some other unique additions that are done in partnership. We will expand our crypto offering in line with protocols that align with the Kinesis vision in providing utility and ease of transactions over the blockchain. More on Partner token announcements will come as we progress throughout Q1. KAU/KAG Payments & Rewards Program with Merchants In addition to the Kinesis Debit Card Program to be able to spend and pay with KAU/KAG in real-time for everyday purchases, Kinesis has embarked on a strategy and partnership that connects directly with hundreds of thousands of major merchants (both online and bricks & mortar), that not only facilitates the use of KAU/KAG for real-time purchases but also includes a rewards program. The rewards program element is a % of the purchase price paid back directly into the client’s Kinesis Account in KAU/KAG (the equivalent of a credit card “cash-back”, with added Kinesis yields). Kinesis continually strives to provide innovative solutions such as this for the benefit of users of the Kinesis Monetary System. As this partnership and product develop, we will keep the community apprised of the details and timelines. KEM Indefinite Delay The KEM Project will be put on hold indefinitely. As there is no timeline set or agreed upon for if, or when, the project may come back online, we have decided to remove any reference to KEM from the website and any collateral. Should this change, the community will be informed and updated. While this is certainly disappointing news, we take any project due diligence and investor protection very seriously and therefore can only roll out projects that are fully compliant with the requisite safeguards and legal construct. That notwithstanding, we feel strongly that the KMS and related infrastructure is a great gateway for alternative and additional asset classes that will benefit Kinesis users and be consistent with the Kinesis vision. We continue to explore and discuss these avenues with potential partners. Audits - Kinesis in-house audit Considerable challenges as legislative and policy changes due to COVID-19 related matters have restricted us from being able to carry out planned independent audits. We have attempted to coordinate and conduct our independent metals audit constantly throughout the period, but ever-changing restrictions in each of the vaulting locations have resulted in us being unable to schedule synchronised uniform independent auditing. As a substitute to the standard report that Kinesis issues, we will be issuing a confirmation, with various letters of assurance from the Allocated Bullion Exchange Ltd and the vaulting partners, that the metal attributed to the KAU and KAG in circulation is indeed in-vault and secure. When things begin to return to normal, Kinesis will reinstate the promised twice yearly independent audit. New office locations Kinesis continues to grow and attract amazing talent from across the globe. Our team of 200+ people are based in more than 15 countries. We are truly a global company, and we will be expanding our physical presence in the year ahead as we begin to roll out the opening of local offices across these locations. Bringing the Kinesis presence closer to home for our amazing community is important to us and displaying our global presence will ultimately strengthen our international brand. Further to this, our global expansion will see Kinesis incorporate additional related entities in strategic locations across the world and seek various approvals and licences from appropriate regulators. This is to ensure that Kinesis will continue to operate in an incredibly robust and regulated corporate structure. Kinesis Monetary System expansion & upgrades Referrer Dashboard The development of the interactive Referrer’s dashboard is well underway. With the new dashboard feature, Kinesis users will have increased visibility on the most successful referrers, in an anonymised leaderboard, as well as benefit from the streamlined referral process. In addition to their monthly Referrer’s yield, Kinesis is pleased to announce a new referral rewards incentive; 1/2 oz Silver Referral bonus Referees will receive a free ½ oz of silver (KAG), once they successfully sign up, verify and deposit - courtesy of Kinesis, to get them started on the platform.Furthemore, post-release we will launch an additional enhancement whereby the referrer who onboarded the user will also receive a free ½ oz of silver (KAG) upon the referee verifying and making a deposit. This means all referrers are able to give the gift of precious metals, every time they refer a new customer. The new promotion is a product feature within the KMS and will allow for future promotions and can be customised to suit the market. Full rules will be released alongside the launch. Mint integration into Kinesis Money platform The Kinesis team is working to bring forward the complete integration of the Kinesis Mint into the Kinesis Money platform, streamlining the process of creating new Kinesis currencies for both existing minters and new system users. Kinesis users will no longer need a separate account to mint gold and silver, set up orders, or complete the EPD process and will be able to benefit from the fully automated, simplified Mint function, accessible via the Kinesis Money dashboard. With the Minter’s yield already positioned to reward those who mint physical gold and silver via the Kinesis system, the added ease of minting with Kinesis through the Kinesis Money platform will further incentivise the creation of Kinesis gold and silver-backed currencies. Partner and client API The Kinesis API (Application Programming Interface) provides partners, clients and application developers with a secure and easy to use toolset for creating powerful applications leveraging the Kinesis Monetary System (KMS). The API provides programmatic access to symbol details, spot and historical pricing, order listing, placement and cancellation; and the ability to make payments and transfers. We will provide examples in several popular languages and easy to follow documentation. This quarter, the API will be officially released and supported after being in beta development with Kinesis’ early release clients, whose input has helped make the API robust and full-featured. We are extremely excited to see how the will API is used and the innovative products and services it will undoubtedly enable. Business Accounts In addition to the Individual Kinesis account currently available on the platform, the Kinesis Business Account option will soon be added, offering professionals to register and verify as Business, Trust Fund or Retirement Fund account holders. This highly scalable functionality, available for desktop and mobile, will enable businesses and funds to fully integrate into the monetary infrastructure of the Kinesis platform, at no extra cost. The Kinesis Business account offer will include borderless payments, rapidly executed transactions, multi-currency payments, complete asset portfolio management and fixed low rate transaction fees. Opening a Kinesis Business account will allow for the transacting and managing of assets in the universally recognised value of gold and silver, streamlining multinational transfers and removing forex conversion rates as a result. Furthermore, the Kinesis Business account is integrated with the Kinesis yield system, allowing account holders to qualify to receive a monthly yield, paid out in physical gold and silver. Multiple individual and business accounts Managing your investments, transactions, college account and trading from a single account can be a challenge, and that is why we are currently working on providing both individual and business account holders the ability to create additional linked accounts under a single login. Using this new feature, clients will be able to create a portfolio of accounts to meet their needs, simply switch between accounts and provide you with better ways to manage your money. We’re also working on providing business accounts with the ability to add additional individuals to their account. This will allow multiple individuals to securely transact on the business account in an auditable way rather than share account single account access, which we strongly discourage. New tax export We have heard from our community that tax reporting can sometimes be a time-consuming task. With the help of the Kinesis community members, we are in the final process of adding a new report that allows you to export your transactional data as a pre-formatted CSV ready for importing directly into the cointracking.info platform. We’ll be adding additional reporting formats and direct integrations where possible to make it as easy as possible. Kinesis Mint (physical) We are proud to announce that, in line with our new operations based in Istanbul, Turkey, Kinesis has established a highly experienced team that now manages and operates our Turkish physical production centres. Kinesis is further establishing itself as a leader in the physical metals space in bullion casting & minting, bringing real value not only in the Digital space but also in the physical. We will be announcing our new bullion store, with beautifully designed gold/silver coins and bullion that represent the core values of the Kinesis Monetary System, as represented by ancient themed Goddesses of Justice Themis and Maat. Delivering a new payment plugin with the store, allowing for KAU, KAG and Crypto payments. It will be possible to order physical bullion instantly using your Kinesis currencies. Additionally, we are pleased to announce two new key members to the leadership team based out of Istanbul, Gökhan Aksu - Head of Physical Operations (Eastern Europe & Middle East) & Alp Berker - Head of Commercial Operations (Eastern Europe & Middle East). In Conclusion Kinesis continues to drive its rapid expansion on a global scale, with over 83,000 individual clients amassed across 151 countries already tapping into the platform's unlimited potential as a highly specialised asset management tool. We see this early stage of Kinesis as the very beginning, with our progress to date almost serving as a Beta testing phase. We are well primed to globally commercialise to both individual and corporate clients as new services come online throughout the year. I am particularly excited about institutional partners joining our vision from various markets across the world. 2022 is going to see the Indonesian project truly come online and we have other exciting projects lined up with ABX in the institutional exchange trading space. Kinesis not only allows system users to connect their day-to-day banking with cryptocurrency and precious metals trading but also provides them with a truly honest and ethically rewarding alternative monetary system that promotes financial empowerment and protects their wealth. We believe our real market opportunity goes well beyond delivering highly disruptive efficiencies to antiquated markets. In fact, our biggest opportunity is inherently derived from deeply entrenched injustices, which people either understand already or will understand when the time is right. Providing a solution to help remedy these injustices to offer stronger ethical foundations and choices for the future is a real market opportunity available to Kinesis and we believe we have everything aligned to make a difference in this coming quarter and year. Countless undisclosed projects and partnerships will come to light as our core solution gets rolled out and we look forward to providing you with some inspiring surprises along the way. It’s an honour to share the journey with you all and thank you for your continued support. Best regards, Thomas Coughlin

Thomas Coughlin
Thomas Coughlin

28/01/2022

Referrer’s Yield Launches on Kinesis Platform

Kinesis is proud to announce the launch of the Referrer’s Yield with the first retroactive yield payment successfully distributed to all Kinesis referees. The Referrer’s yield will reward Kinesis users who successfully introduce their friends, family or followers to the Kinesis platform. What is the Referrer’s yield? The Referrer’s yield rewards system participants for referring new users to the Kinesis Money platform with a passive monthly yield, paid out in Kinesis gold (KAU) and silver (KAG). The launch of the referrers yield today the 23rd of December 2021 was retroactive, accounting for the total Referrer yield accumulated from 4th April 2019 to the 30th November 2021. 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. Moving forward the Referrer’s yield will be paid out on a monthly basis, alongside all other active Kinesis yields, incorporating all transaction fees of referees registered from the past month end every month thereafter. Referrer yield qualifies participants to earn a 7.5% share of all their referees’ transaction fees, gathered through their activity on the Kinesis platform. An image of 25kg of gold for visual representation. Actual Kinesis 1 kilogram bars shot from our vaults in Liechtenstein used. How does the Referrer’s yield work? A Kinesis user becomes an eligible referrer when a new system participant opens a Kinesis account through their referral link and completes the KYC verification process. This enables the referrers to start earning a yield every time their referees mint Kinesis currencies, trade on the Kinesis Exchange, or spend on their Kinesis debit card. The Referrer’s yield is calculated from the total transaction fees, for any given month, accumulated by all system participants registered as referees. This includes fees generated from their Kinesis Money accounts, as well as any external, standalone wallets that they have linked to their Kinesis Money accounts. The first yield payout on the 23rd of December 2021 was retroactive, accounting for the total Referrer yield accumulated from 4th April 2019 and the 30th November 2021. From January 2022 onwards, the Referrer’s yield will be paid out on a monthly basis, incorporating all transaction fees of referees registered from the past month. Please find a more detailed breakdown here. Depositing and Sending Currencies via Email New system participants can set up their Kinesis account free of charge and are not required to make an initial deposit upon joining. System users who sent digital assets via the ‘send to email’ functionality and whose recipients signed up to Kinesis with the emailed referral link are also eligible to receive the Referral yield. The sending of any digital assets, such as Kinesis KAU, KAG, or currencies listed on the Kinesis Exchange - can act as a user’s first deposit, which will count towards a Referrer’s yield for the sender. Importantly, Kinesis referrers can still earn a yield on their recipient’s transaction fees, even if they themselves have not generated any transaction fees. Thanks to Kinesis’ usage-based model, the increased overall transaction velocity among onboarded users will enable all system participants to generate a higher yield. The New Referrer’s Dashboard & Kinesis Rewards Coming soon, the new Referrer dashboard, launching in the new year, will introduce a gamification element to the referral process and the Kinesis monetary system as a whole. The interactive dashboard is set to reward system users for their engagement across the entire Kinesis Money platform, referring others to the platform being just one example. With a milestone-structured activity tracker, Kinesis users can expect to receive tangible rewards as they progress through the stages set up to encourage usage of the Kinesis platform to its fullest potential. Introduce Family & Friends to Kinesis Explore Referrer's Yield

Latifa Alkhanjary
Latifa Alkhanjary

22/12/2021

Kinesis Partners with Panama-based Provider Atlas Vaults

Kinesis is pleased to announce a new partnership with Atlas Vaults and Atlas Brokers, expanding the global Kinesis Vaulting Network into Latin America. By joining forces with the leading Panama-based vaulting provider, broker and trading hub, Kinesis is introducing the Atlas Group’s considerable client base to the Kinesis Monetary system. The partnership is set to bring superior value and returns to Atlas Vaults and Kinesis clients, as well as citizens across South and Central America. Central to the partnership, Kinesis is introducing the 13th storage facility into its global vaulting network, which now spans 9 countries. New Global Trading Hub Through the new Panama-based trading hub, Kinesis users globally will benefit from enhanced bullion pricing and spreads. The price of Kinesis gold and silver will now be aggregated across a wider range of trading hubs within the Kinesis network, enabling Kinesis to continue to deliver global investors the best aggregated pricing and spreads in the precious metals industry.Additionally, the Panama storage facility becomes an approved vault within the global vaulting and trading network of Kinesis’ core partner, Allocated Bullion Exchange (ABX), as well as a member of the ABX Quality Assurance Framework (QAF). Redemption and Deposit The location and proximity of the vaulting facility will enable Latin American citizens to face significantly reduced delivery costs, when depositing or redeeming bullion. This gives local investors a feasible option between chargeless storage in Kinesis vaulted facilities, or redemption of their precious metals, if they should so choose. In addition, Kinesis’ redemption fees and minimum withdrawal requirements are amongst some of the lowest redemption fees globally, giving system users greater access to their physical bullion. Kinesis in Latin America With a history of episodic hyperinflation and current, prolonged inflation in the LatAm region, the Kinesis ecosystem will reduce barriers of entry for those wishing to experience the stability and safety of precious metals investment. Through the partnership, citizens can easily utilise precious metals as a hedge against the steep inflation rates seen in many countries across Latin America, which reached 10.25%* in Brazil - a recent report has shown. In times of high inflation, capital investments that gain proven returns are desirable across the board. Intrinsic to this partnership, Atlas Vaults and Atlas Brokers will introduce their significant client base to the Kinesis Money platform, enabling them to generate a passive yield on their precious metals holdings.By storing precious metals with Kinesis, holders will have instantaneous access to the usage-based yield model that offers a return for simply holding precious metals, with all storage and insurance costs covered. With the October Holder’s Yield payout reaching a total of $2.84 million, investors can generate a proven debt-free, passive return on their bullion investments. With local currencies continuing to experience the corrosive effects of inflation, Latin American investors are now provided with an alternative investment solution to enhance their portfolios. The Kinesis Monetary system enables LatAm citizens to benefit from easy access to yield-bearing gold and silver, which sits protected in our vaulted, non-banking facility. As part of Kinesis’ provision for Latin American users, the soon-to-launch Spanish version of the Kinesis Money site will introduce the entire Kinesis product suite in their native language. The expected influx of Latin American clients is set to trigger an increase in global transactional activity within the Kinesis Monetary System, contributing to the yields of all Kinesis users globally. Remember, transaction volume will be further strengthened by the upcoming launch of the Kinesis Velocity Yield, which rewards users for trading and spending with Kinesis. Future Projects Following the launch of the Atlas Vault and Atlas Brokers partnership, Kinesis looks to continue to broaden its vaulting network throughout selected regions globally. *Source: Rosati, A. (2021) 'Latin America’s Surging Prices Spell Hard Work for Central Banks'. Bloomberg.

Latifa Alkhanjary
Latifa Alkhanjary

26/10/2021

Q3 Update – Historic Milestone for Precious Metals Industry

In our most recent update, CEO and founder of Kinesis Money, Thomas Coughlin, would like to share the historic milestones of the Kinesis Monetary System in Q3 and provide a glimpse into the final quarter of the year. Holder’s Yield Launched and US $2.84M Payments distributed Just over a week ago, Kinesis paid the highly-anticipated Holder’s Yield - a monumental advancement for the Kinesis Monetary System and the precious metals industry as a whole. On the 6th of October, all users that were holding their gold and silver with Kinesis, received a passive yield, with the first retroactive payout valued at $2.84 million dollars. A total of 46.2 kilograms of gold and 6,047 ounces of silver were distributed back to all eligible holders of the Kinesis Monetary System, rewarding them for simply storing their precious metals with Kinesis, free of charge. With the launch of the Holder’s yield, Kinesis has brought to life its ambitious promise, proving the system’s ability to deliver on such a bold concept. Through a unique, usage-based model, Kinesis has paid a debt-free passive yield on physical gold and silver for the first time in economic history. As Kinesis continues to build its reputation in the precious metals space, we expect a significant influx of new investors into the system, who may have previously been holding their metals with less advantageous providers. An official statement around percentages and detailed figures will be released in a press release separately in the coming weeks. Send digital assets via email This quarter, Kinesis users saw the launch of the new ‘send-to-email’ payment functionality, streamlining the process of sending all digital assets available on the Kinesis platform, including KAU, KAG and KVT, at the tap of a button. This feature opened up the avenue for existing system participants to invite new, prospective users onto the platform, with only the email address of the recipient required. Kinesis users can now pay for services in gold and silver via desktop and mobile, effectively transforming the way precious metals and crypto feed into daily transactional life. In advance of the upcoming Referrer’s yield roll-out, the ‘send-to-email’ feature has ensured that every time a sender completes an accepted transfer to a recipient, they will automatically qualify to receive the Referrer’s yield for that referee. Segregated facility With the launch of the new Kinesis segregated storage facility, Kinesis expanded the existing Exchange Physical for Digital (EPD) program and introduced a new mechanism for users to bring their eligible* coins and bars into secure Kinesis’ vaulting facilities. This update has meant that investors worldwide can now convert the fine weight of their holdings into Kinesis gold (KAU) and silver (KAG), and thereby access all the benefits of the Kinesis Monetary System while maintaining their collection.Find out more about our segregated facility - here. PosGO Indonesia After the months-long spikes of Covid-related issues that caused country-wide lockdowns, 100% work from home mandates and the banning of any public events, the situation has finally abated to the extent that by mid-September the country had begun to gradually open back up and ease into a state of relative normalcy. Currently, there are still capacity limitations on both private and public gatherings and events. However, we remain hopeful the country will continue to open up again fully within the near term. In turn, we anticipate that both PT POS and the Indonesian government’s goal and plan to launch PosGO Syariah to the widest possible audience will happen shortly. As previously, both the global Kinesis team and Indonesian Kinesis tech & business development teams have continued to work and add value to the PosGO Syariah offering. During this time, the Kinesis teams were: integrating on/off ramps and embedded bank accounts from three additional banks – UOB Bank, Artha Graha Bank, Sinar Mas Bank - which now includes six leading local banks in total;automating several back office and reporting modules with the national exchange groups (ICDX and JFX), as well as with the regulator (Bappebti);methodically formulating integration and business development agreement with the Indonesia Migrant Worker Protection Agency (the government agency representing over 5 million migrant workers overseas) successfully enhancing the KAU overseas remittances offering. Kinesis will update the community once there is a firmer timeline for a country-wide launch of PosGO Syariah across Indonesia. However, in its current state, PosGo, which is one of the largest public-private partnerships in economic history - firmly directs Kinesis in a straight line toward the long term and sustainable success for the company, the community, and all stakeholders. As a reminder, PosGO Syariah is directly integrated with Kinesis KAU. As such, every transaction in KAU on PosGO Syariah results in transaction fees that go into the Kinesis Master Fee Pool. Business Operations Team The Business Operations team continues to strategically grow, with global talent joining Kinesis across Sales, Compliance, Delivery, Customer Service and Global Administration. Additional roles will be filled in the coming quarter to realise enhancements, most notably with regard to fiat deposit/withdrawal and compliance review efficiencies. Business Development appointments and strategy will also be a focal point in the quarter ahead. Scalability remains a core component of the Business Operations recruitment drive, and a structure is now in place which is designed to grow seamlessly as our diverse user base does. In addition to the strengthening of the Operations team dynamics, Kinesis continues to explore relationships with exciting service providers across the world as we strive to provide enhanced fiat on and off ramps and expand our bullion deposit and redemption facilities for the Kinesis community. Expect announcements surrounding exciting strategic partnerships to soon be released. Kinesis Monetary system expansion and upgrades Additional crypto trading pairs As we continue to expand the range of cryptocurrencies available on the Kinesis Exchange, the addition of Dash (Digital Cash) and Bitcoin Cash (BCH) further enriches Kinesis users’ selection of the most in-demand coins, globally. Next in the line-up are Ripple (XRP) and Cardano (ADA) where work is currently underway in line with our development roadmap. Every additional cryptocurrency brought onto the platform benefits from the technology and utility of Kinesis, such as the ‘send-to-email’ payment feature. Mobile-friendly web and Sign in with Google We are constantly monitoring the performance of our websites and how the community is interacting with our platform. In line with global trends, we have recently upgraded our Kinesis Monetary System (KMS) web platform to be very mobile-friendly, providing you full KMS functionality on the go and allowing it to be used on more browsers and different form factors than ever before. From mobiles and tablets to smart televisions and other modern devices with inbuilt browsers, these features complement our mobile app available in the Apple and Google stores. In the next quarter, we will release a new feature that will allow you to sign in to our web platform using the one-click “Sign in with Google” for those that have a Google account. This will make it faster and easier to access your account than ever before. Security in our platform is very important to us, as an extra level of protection, users will still need to enter your multi-factor authentication code (MFA) to access, trade or transfer funds from your account. Looking ahead to Q4 Yield Engine Upgrade - The Kinesis Velocity Yield In response to feedback from the community, we have decided to improve the yield engine by replacing the Depositor's yield with the Velocity Yield, which rewards users every time they trade on the Kinesis Exchange or spend on the Kinesis Debit Card. With the introduction of the Velocity yield, we are embracing a new element to the Kinesis yield engine, designed to supercharge the transactional velocity of Kinesis gold and silver currencies, and reflecting their intended use as utilities with fundamental spending power. The Velocity Yield fee allocation is being increased from 5% to a newly set 10% on 1 November 2021, providing an increased incentive to utilise the Kinesis System. As with all Kinesis yields, the first payout of the Velocity yield will be retroactive, meaning that it will be retrospectively applied to all Kinesis participants' previous trading and spending activity. We will announce more on this yield engine upgrade when approaching its release. Referrer’s Yield Later this year, Kinesis is set to launch the Referrer’s yield, as the third yield of five to be released under the Kinesis Monetary system. Following the release of our latest ‘send-to-email’ feature, the Referrer’s yield is set to trigger a mass onboarding of new users to the platform. Through referring new system participants - friends, family, and business associates - the existing user automatically becomes eligible to receive a 7.5% share of every single one of their referee’s Kinesis transaction fees. Alongside the forthcoming release of the Referrer’s yield, the Referrer’s interactive dashboard will enable Kinesis user participants to view those they have successfully onboarded to the platform and track their yield revenue generated from each referee. The galactic-themed dashboard will introduce gamification concepts that reward referrers with bonuses and gifts, whilst tracking progress and celebrating milestones. The Kinesis Physical Mint Kinesis is excited to introduce the Kinesis Bullion store, where investors will be able to add Kinesis gold and silver bullion to their coin and bar collections, produced at the new Kinesis Physical Mint facility. The Kinesis Physical Mint is now set up for large-scale production of investment-grade Kinesis coins and bars. Through controlling each stage of the production process from end-to-end, Kinesis ensures that all bullion is of the highest quality with our initial range being of minimum metal fineness of 9999 gold and 9999 silver. Each coin and bar has been designed and pressed entirely in-house, featuring bespoke designs conceptualised by our in-house artists. Kinesis users will be able to choose from our debut coin and bar series, finessed with the artistic motifs of the Egyptian and Greek Goddesses, Ma’at and Themis, to represent the intrinsic values of the Kinesis ecosystem. We look forward to sharing our coin and bar designs with Kinesis users and the wider precious metals community, closer to launch. Debit cards We will soon be announcing an exciting collaborative global partnership in the debit card, banking and digital asset lending space. The services from this partnership have been scheduled for a phased roll-out starting this quarter and they will be globally inclusive. Our UK and Europe debit card program partner integration was completed during Q3 in accordance with the roadmap, however, awaits final regulatory approval which we all await with great anticipation. We will be ready for an immediate launch once we cross this final hurdle. Extensive regulatory and compliance work has been conducted on the debit card and banking side to ensure that a smooth rollout with premier providers is handled properly for both longevity and stability. Our combined service offering will be of extreme value to customers and will be strongly commercialised in targeted regions. Stay tuned for upcoming announcements in this space. Regional Partnerships Our regional partnership teams have been busy signing and building out an aggressive integration pipeline of foundational and commercial anchor partnerships across the world. There has been a significant emphasis on selecting strong partners to be part of the Kinesis global growth story far into the future. In Q4 we will begin announcing and launching a number of these partnerships in the strategically correct order, along with building out a global business development team to specialise in certain markets we wish to significantly infiltrate. Watching the momentum build with partnerships will be exciting, particularly once our partner API suite is complete also during this quarter. Onboarding Kinesis Money is currently working to update the process by which users deposit funds to their Kinesis account and Wallet. In a continued effort to enhance the speed and efficiency of depositing funds into a Kinesis account, our company looks to introduce enhanced on-ramping functionality. Legal Kinesis will continue to expand its global corporate footprint and will as a matter of course, seek appropriate licensing in jurisdictions. As regulators across the globe continue to draft legislation surrounding digital assets and digital asset exchanges, Kinesis recognises the importance of working with regulators and operating within the appropriate regulatory framework to ensure the continuity of the Kinesis Monetary System. We will keep the Kinesis community informed as we further build our operating structure. Recruiting and hiring The Kinesis team continues to expand with significant time and resources spent securing the best talent possible around the world. Each member of the Kinesis team has been hand-picked due to their exceptional skills. We have recruited heavily across multiple departments over the last quarter with new additions to our Business Operations, Marketing, Finance and Technology teams. The creation of new roles has allowed us to significantly increase productivity and output across all departments with Kinesis now employing over 100 people worldwide. If you are an exceptional individual with a passion for Fintech be sure to check out our social media channels or reach out to recruitment@kinesis.money for more details. Conclusion As Kinesis looks to Q4, we would like to acknowledge the monumental progress and achievements that have been realised in recent months. With the payout of the Holder’s yield, Kinesis delivered on yet another industry-shifting yield - the first in economic history to reward holders for simply storing their gold and silver. As the most accessible of the five yields and as a matter of design, the Holder’s yield is the epitome of the Kinesis objective: to bring about a monetary system where everyone can access the enduring benefits of owning gold and silver.

Thomas Coughlin
Thomas Coughlin

15/10/2021

Kinesis Launches Historic Holder’s Yield

Kinesis Money is proud to announce the Holder’s yield launch, which represents a monumental milestone for the Kinesis Monetary System and the precious metals industry as a whole. With the highly-anticipated Holder’s yield launch, Kinesis is paying out a debt-free, passive yield on physical precious metals for the first time in the industry. The launch of the Holder’s yield will see 46.2 kilograms of gold and 6,047 ounces of silver, distributed to Kinesis users, simply for holding their metals with Kinesis, free of charge. The first payment with a value of 2.84 million dollars, at the time of writing, is scheduled to be paid out into users’ accounts on 6th October 2021. Following the successful roll-out of the Minter’s yield, the Holder’s yield is the second of five yields within the Kinesis Monetary System. The Holder’s yield represents another pivotal moment in Kinesis history, as we continue to forge the path towards a global, fair and ethical monetary future. The Holder’s Yield The Holder’s yield rewards all investors who hold their precious metals on the Kinesis Money platform with a passive monthly yield. This enables system participants to earn a recurring monthly yield, paid in gold and silver, which is accrued for every day they hold gold and silver with Kinesis. The first Holder’s yield payment will be retroactive, which means that Kinesis users will be credited with all yields accumulated from the 4th April 2019 until the 30th September 2021. Going forward, all yield payments will be calculated and paid monthly. With a rapidly expanding system that currently supports over 80,000 global investors, Kinesis will reward every single participant holding gold and silver within the Kinesis system to date. Kinesis native currencies, KAU and KAG, can be acquired on the Kinesis Exchange; the Kinesis Mint; and select external exchanges. All Kinesis gold (KAU) and silver (KAG) held in a user’s Kinesis Money account or linked wallets automatically qualify for the Holder’s yield, with no lock-in terms. How Does Holder's Yield Work? https://www.youtube.com/watch?v=Bj3kdB8CDZQ&t=90s The Holder’s yield is paid out to investors in fully allocated gold or silver, directly into their Kinesis account every month. Through Kinesis’ usage-based model, the Holder’s yield is generated by pooling together all the transaction fees gathered across the entire platform. Every time a transaction is completed, whether from users’ spending, sending or trading on the Kinesis platform, a share is stored in the Master fee pool and allocated to a specific Kinesis yield. A total of 15% of these transaction fees are then distributed back to Kinesis system participants who are eligible to receive the Holder’s yield. The final yield is calculated by the ratio of total gold (or silver) held in a user’s Kinesis Money account (or linked wallet) divided by the total amount held by all other Kinesis users in a month's period. Please find a more detailed breakdown here. How to Become Holder's Yield Eligible? All KAU and KAG held in your Kinesis Money account automatically qualify for the Holder’s yield and require no further action. If you hold KAU and KAG outside of your Kinesis Money account in an external wallet, you will need to link any wallet addresses to your Kinesis Money account, in order to receive the Holder’s yield. We would like to reiterate that the vast majority of Kinesis users will be required to take no action. However, we urge all participants with all external addresses holding KAU or KAG to check that their wallet address is listed in the address linking widget on the Yields tab of the platform. We would like to emphasize that all unlisted wallet addresses holding KAU or KAG will not receive the Holder's yield. This is why it is imperative that all users follow the steps to ensure all external addresses holding KAU or KAG are linked and listed. External Wallet Deadline Extension Please note, we have extended the deadline for wallet linking. External Kinesis wallet holders and CoolWallet S holders now have until Tuesday the 5th October 2021 to link their wallets, in order to receive the Holder’s yield.See CoolWallet S linking instructions - here. See external Kinesis wallet linking guide - here A Landmark in Industry From the start, Kinesis set out to establish a forward-thinking economic model centred around the enduring value of gold as a stable and historically appreciating asset. In a time of financial uncertainty, particularly in high-risk investments, Kinesis recentres the monetary focus on precious metals, which with Kinesis, become a debt and risk-free asset that also generate a yield. With the Minter’s yield launch on the 7th of July this year, all eligible* Kinesis users received a payout of 14,052 grams of gold (KAU) and 1,686 ounces of silver (KAG), with a combined US dollar value of $864,220. With the Holder’s yield launch, Kinesis will prove, yet again, that gold is a safe haven, as well as an asset with vital yielding potential within the Kinesis ecosystem. What’s more, Kinesis only offers investors a positive trajectory for their investment in gold and silver, by providing the infrastructure to maintain zero storage fees on all holdings - for life. Kinesis holders have the choice of storing their precious metals in one of our 8 non-banking vaulting facilities, positioned in favourable jurisdictions for complete assurance of user asset protection. With Kinesis, investors adopting native currencies, KAU and KAG, have access to a high yielding environment that is not set and will grow along with its community of users who recognise the intrinsic value of gold and silver-backed currencies. What’s next for Kinesis? The Kinesis Monetary system continues to welcome a rapid increase of new users. As we scale towards global adoption, more participants are discovering the universal benefits of holding physical gold and silver with Kinesis. Kinesis continues to move forward with its industry-changing roadmap, with the Referrer’s yield next in the pipeline set to launch on the platform this year. Find out how to hold and earn with Kinesis Money. HOLDER'S YIELD

Natalie Laz
Natalie Laz

01/10/2021

Kinesis introduces ‘Send-to-Email’ payment functionality

We are pleased to introduce the ‘send-to-email’ payment feature, which enables Kinesis users to send digital assets to current and prospective users, with only the email address of the recipient required. The exciting new functionality allows system participants to transfer digital assets, including Kinesis gold (KAU) and Kinesis silver (KAG), as well as Kinesis Velocity Token (KVT), to friends, family or business associates outside of the Kinesis Monetary System. Accessible on Kinesis desktop and mobile applications, the ‘send-to-email’ feature provides a streamlined payment option for all Kinesis users. Importantly, through the ‘send-to-email’ feature, the existing system participants will be able to invite new, potential users onto the Kinesis Money platform, automatically qualifying the sender to receive the Referrer’s yield. Among its many benefits, the new functionality opens up the door for Kinesis users to pay non-users for their services in gold and silver. For those who wish to send funds via email to existing account holders, the new payment preference provides the advantage of selecting your recipient without requesting their wallet address. Which Crypto Coins Can be Sent by Email? Kinesis account holders can transfer any crypto currently held in their account via the ‘send-to-email‘ process, including: Digital currencies that can be sent via email through the Kinesis Money platform. As Kinesis continues to expand its crypto pairs available, all additions to the platform will also be compatible with this functionality. What are the Benefits of the Send-to-Email Feature? The ‘send-to-email’ function provides an opportunity to easily invite friends, family and people you know into the Kinesis Monetary System, enabling the referer to receive a share of every fee taken on every single transaction made – for life. All the sender needs to do to qualify is ensure the recipient has created an account and verified their email address. Remember, the Referrer’s yield entitles a user to a 7.5% share of every single one of their referee’s Kinesis transaction fees. https://youtu.be/PCisZZV_Yu0 How Do I Send Crypto via Email? Both desktop and mobile users who wish to send funds via email can simply follow the usual flow to send digital assets, only choosing the ‘Email’ option when selecting a recipient. The widget provides the opportunity to include a short message in the email to personalise the message or inform the recipient of the reason for payment. Find a detailed run-through of the process in our user guides here. How Do Non-users Receive Funds Via Email? When a Kinesis account holder is sending crypto to a potential Kinesis user, the recipient will be sent an email with instructions prompting them on how to receive their funds. The recipient of the email will then need to sign up for a Kinesis account and verify their email address, in order to accept their payment. This will ensure that only the person linked to the respective email address will receive funds that are being delivered to them. If the recipient does not accept funds within a 48-hour window, the transaction will expire and funds will be returned to the sender. How Do Kinesis Money Users Receive Funds Via Email? When a Kinesis user is receiving crypto from another user via email, the funds will automatically be deposited into the recipient's account. The new payment feature is an effective onboarding mechanism, reducing barriers to entry for new users. ‘Send-to-email’ functionality will serve as a powerful catalyst for the adoption of the Kinesis Monetary System, ahead of the release of the Referrer’s yield and the powerful, new referral dashboard, later this year.

Latifa Alkhanjary
Latifa Alkhanjary

30/09/2021