Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

Kinesis Forms Strategic Partnership with MLG Blockchain

Posted by fidest press agency su mercoledì, 2 Maggio 2018

Kinesis, a company presenting a new monetary system secured by precious metals and powered by blockchain, announced that it has formed a strategic partnership agreement with MLG Blockchain. Under the partnership, MLG Blockchain will provide initial token offering consulting services for their Kinesis Velocity Token (KVT) slated for July.Kinesis offers a stable cryptocurrency with each Kinesis Currency secured by physical precious metals on a 1:1, fully-backed basis. Kinesis Currencies will be created, minted and emitted from a unique wholesale marketplace developed and managed by Allocated Bullion Exchange (ABX). Allocated Bullion Exchange is the premier electronic exchange for physical precious metals trading.“Kinesis has seen tremendous growth in its community since its launch,” said Thomas Coughlin, CEO of Kinesis. “We are excited to have partnered with MLG Blockchain on our initial token offering, as their track record speaks for itself and they have been a fundamental help in identifying opportunities. We are looking forward to working more closely with them during our campaign.”The upcoming Kinesis Velocity Token (KVT) Initial Token Offer (ITO) slated for July offers participants a one-time opportunity to:
Receive a share in 20% of all aggregated transaction fees generated by the Kinesis currency suite;
Receive a 20% share of commissions generated in the Kinesis Commercial Center;
Benefit from anticipated significant capital gains on the KVTs themselves;
Receive pre-ICO benefits on offers for the future Kinesis Currency suite.
“Kinesis has a leading business model that brings the security and stability of precious metals to the world of digital currencies,” said Michael Gord, CEO of MLG Blockchain. “This is a significant blockchain project, and we look forward to working with the Kinesis team on advancing their vision.”


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