Article Summary, Automatically Generated By AI
About Gold
Key Points
- Kinesis gold (KAU) is a gold-backed digital currency, with each token backed by 1 gram of investment-grade gold bullion.
- KAU enables physical gold bullion to be instantly purchased, traded, spent, and sent globally.
- KAU holders earn a passive yield, paid monthly in KAU, simply for holding their metals on the platform.
- The yield is calculated from a 15% share of Kinesis’ global transaction fee revenue.
- Kinesis has paid out over $3,000,000 to KAU holders.
- KAU can be instantly spent globally with the Kinesis Virtual Card.
- Kinesis was
About Gold: A Beacon of Value and Stability
Introducing Kinesis Gold (KAU): A Revolutionary Store of Value
Kinesis gold (KAU) is a pioneering gold-backed digital currency, introduced by Kinesis, a cutting-edge global trading and digital asset utility platform. Each Kinesis gold (KAU) token is meticulously backed by one gram of high-quality, investment-grade gold bullion, securely stored in Kinesis’ fully insured, rigorously audited vaults, ensuring unparalleled security and transparency.
The mission driving KAU is to revive the timeless value of physical gold as a medium of exchange and provide the global community with a dependable store of value. By synergistically merging the benefits of digital assets, Kinesis gold presents a novel paradigm: physical, fully-allocated, and non-fiat-based assets that operate independently of traditional financial frameworks. Notably, all gold reserves backing KAU are meticulously recorded on a transparent and immutable blockchain ledger, securely stored in rigorously audited vaults, with the purchaser retaining legal title ownership of the precious metal.
KAU empowers the instantaneous purchase, trade, expenditure, and transfer of physical gold bullion globally, thereby bridging the gap between the physical and digital realms, and imbuing precious metals with tangible value and utility. Furthermore, Kinesis gold functions as a reliable stablecoin, providing traders with a safe haven to navigate turbulent markets and capitalize on the enduring value of precious metals.
What Sets KAU Apart?
In a groundbreaking economic milestone, KAU holders have pioneered the world’s first debt-free yield on precious metals. By simply storing their metals on the Kinesis platform, all KAU holders are entitled to a passive monthly yield, denominated in KAU. This innovative yield is generated from a 15% allocation of Kinesis’ global transaction fee revenue, which is redistributed to users who opt to store their gold on the platform. Notably, Kinesis has already distributed over $3,000,000 to KAU holders at the time of writing.
Unlike other gold-backed tokens, KAU boasts unparalleled versatility, enabling instantaneous global transactions via the Kinesis Virtual Card. Seamlessly accessible on mobile devices, this innovative solution empowers individuals worldwide to effortlessly convert their KAU holdings into local currency at the point of sale, wherever Mastercard is accepted. By digitizing physical gold in the form of KAU, Kinesis is revolutionizing the concept of gold as a viable currency.
The Visionaries Behind KAU: Meet the Creators
Kinesis gold (KAU) was introduced by Kinesis, a pioneering platform established in 2018. This innovative platform seamlessly facilitates the exchange, management, and monetary application of native physical gold and silver-based digital assets, as well as cryptocurrency. Through its strategic partnership with Allocated Bullion Exchange (ABX), a renowned global institutional allocated precious metals exchange, Kinesis ensures the secure vaulting of all underlying physical gold and silver. Leveraging ABX’s decade-long expertise in the industry, the partnership harnesses an extensive vaulting network and precious metals trading experience to facilitate the global trade and management of physical precious metals.
Redeeming Your Gold: Is It Possible?
Each gram of gold underlying KAU is readily available for redemption on the Kinesis platform, distinguishing it from other gold-backed digital currencies that often impose high minimum withdrawal limits, thereby restricting accessibility for individual investors. In contrast, KAU holders can redeem as little as 100 grams of the underlying gold bullion, with redemption costs that are among the most competitive in the industry.
The Circulating Supply of KAU: An Overview
The KAU supply is subject to fluctuations, as new investors have the ability to mint additional KAU, thereby introducing more units into circulation. For a real-time update on the current KAU supply and circulation, please refer to the Kinesis explorer.
Acquiring KAU: A Guide to Purchasing Options
Kinesis users can acquire KAU and KAG (silver) on the Kinesis platform, as well as on external cryptocurrency exchanges. Notably, only KAU held or traded on the Kinesis platform is instantly spendable and qualifies for a monthly yield.