Kinesis Community Update

Kinesis Money
2 min readNov 20, 2018

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Thank you for following our progress this far, we wanted to take this opportunity to provide you with an update on the KVT token sale as well as some other key developments.

Token sale

In November we surpassed 59,000 KVTs sold. KVTs are currently for sale to the public at USD1,000/KVT.

Recent agreements

We are pleased to announce our latest collaboration with Indonesia’s Jakarta Futures Exchange (JFX)

Kinesis Money partners with TicketSocket for real-world application of precious metals-based currencies

Progress on technology

Kinesis recently released the MVP demo for the Kinesis Currency Exchange and Kinesis eWallet.

This demo environment allows users to create their own eWallets, mint their own Kinesis currencies (KAU = gold and KAG = silver) through the Kinesis Currency Exchange (KCX), emit these currencies into their wallets and then send the currencies to other wallets on the Kinesis Blockchain.

Open a demo here

Additions to management

Nigel Owens, Chief Technology Officer

Nigel has over 16 years of extensive executive management experience in delivering both IT and business transformational change within the financial services sector and commodities market. Whilst at the London Metal Exchange he led the technology transformation which enabled the Exchange to move from a trading capacity of circa €2 trillion per annum in 2008 to over €16 trillion per annum by the end of 2014.

Patrick Davis, General Counsel

Patrick has more than 20 years of legal experience in OTC, exchange-traded and cleared financial and commodity markets, and related data and benchmark space. Patrick most recently worked for 15 years as Head of Legal for the IntercontinentalExchange (ICE) UK Group companies, including the regulated entities, ICE Futures Europe, ICE Clear Europe Limited and ICE Benchmark Administration Limited.

Interested in finding out more?

Here is the link to the Kinesis resources page.

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Kinesis Money
Kinesis Money

Written by Kinesis Money

Kinesis re-introduces physical gold and silver bullion as currencies that integrate with today’s online banking and payment solutions.

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