2018-7-27 13:34 |
Kinesis says these currencies — known as KAU and KAG — are based one-to one on allocated physical gold and silver.
This means that the full, direct title to the bullion backing these coins is held by the person who owns the cryptocurrency.
These coins can be loaded on to a debit card and instantly converted into fiat for payments to merchants who accept Visa and Mastercard, and the company says users will also be able to withdraw funds from cash machines.
Users also earn the same share when they make their first deposit into a Kinesis Wallet, and this is known as the Depositors’ Yield.
Users will also be incentivized to invite new customers to join the Kinesis platform, receiving a Recruiter Yield when someone has been successfully referred.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024