Receive 1 KVT
For every US$100,000 you Mint during the IMO period
Existing Bullion Bonus awarding KVT to cover expenses
Limited 3x multiplier on minted currencies
For all currencies Minted before the 7th of October.
Initial Minting Offer (IMO)
During the IMO period, KVT holders qualify to receive the IMO Minters yield, which provides a 3x multiplier effect to the Kinesis Currencies you mint when calculating your proportional entitlement to the 5% of the Minter’s Yield fee pool.
If you have existing bullion you are storing with another approved provider, we will cover the cost of transport to one of the approved vaults within Kinesis’s network.
IMO Ends: 7th October 2019
*Please see terms of bonuses here
The Gold Standard
Minting is the process of creating Kinesis currencies by purchasing physical bullion which our technology then converts to digital gold (KAU) or digital silver (KAG).
By digitalising physical bullion and registering ownership on the blockchain, we have created a system that allows users to send, spend and transact with precious metals.
Whenever a transaction fee is charged, anywhere in the world, Kinesis customers who mint and spend, or choose to hold their digital precious metals for safe-keeping will receive an ongoing proportionate share every month.
Features and benefits
Zero storage fees
Securely stored within fully insured, fortified vaulting facilities across the world.
5% Minter Yield
Distributed proportionately when you activate your minted KAU and KAG.
Freedom to redeem the underlying bullion at any time and have it securely delivered to you.
Audits performed by Bureau Veritas, Inspectorate, under the ABX Quality Assurance Framework
Already own gold
If you currently own gold or silver bullion, you can easily bring it into the Kinesis system and take advantage of the many benefits available.
- Zero storage fees on all metal held in our vaults
- Earn a yields on your precious metals
- Easy withdrawal of your metal, with low fees
- Micropayments in physical gold and silver via debit card
- EPD fee waived for the remainder of 2019
Hold all of your digital currencies in a single location which is easily accessible and secure.
Trust and security
Allocated legal title to bullion
9 vaults in 7 global locations
Audits conducted by ABX
Full quality assurance framework
ABX approved bullion
The minting process
The Kinesis Mint utilises the allocated metals exchange infrastructure developed by ABX for the purchase and storage of physical bullion.
It then simultaneously emits the digital value of your 1:1 physical asset-based currency into the Kinesis e-Wallet, which is where your digital gold and silver are held.
Gold Payment Currency (KAU)
1 fine gram gold contract and token, consisting of gold cast bars of minimum fineness of 9999, and bearing a serial number and identifying stamp of a refiner as per ABX Quality Assurance Framework, table of Approved Refiner List.
Silver Payment Currency (KAg)
1 oz silver contract and token, consisting of silver cast bars of a minimum fineness of 999, and bearing a serial number and identifying stamp of a refiner as per ABX Quality Assurance Framework, table of Approved Refiner List.
|Contract/Token Size||1 KAU (1 gram of Gold)||1 KAG (1 oz of Silver)|
|Fineness||Minimum 9999||Minimum 999|
|Price Quotation Currency||USD||USD|
|Price Quotation Unit||1 gram||1 oz|
|Min. Physical Deposit Quantity||100 KAU (100 grams)||200 KAG (200 oz)|
|Min. Physical for Digital (EFD) Quantity||100 KAU (100 grams)||200 KAG (200 oz)|
|Min. Emission Quantity||100 KAU (100 grams)||200 KAG (200 oz)|
Kinesis Mint market hours
The Kinesis Mint opens at 18:00 Sunday EST/EDT and closes at 17:00 Friday EST/EDT.
There is an hourly close each day from 17:00-18:00 EST/EDT.
While the Kinesis Mint is closed there will be no pricing and trading will not be available.