It is a novelty in blockchain projects, its fundamental idea is based, in the backing of its financial system, on assets such as gold. This system sounds familiar to most of us, because this form of economy has been used by many countries in the world, however Kinesis is different because it will use the application of blockchain technology, which makes the project novel by the application technology and call the attention of people with more traditional financial ideals.
You can differentiate 2 fundamental elements for it to work which are:
Kinesis is expected to have the ability to enter almost any market. As the project is designed for that, Kinesis is expected to enter at least 4 market initially, which would be:
All transactions will be made through the steellar network that has proven to be one of the fastest networks in the blockchain, thus ensuring optimal operation.
Mainly you should highlight that you will have tokens fully backed by assets (Gold or Silver) But unlike acquiring these assets directly, Kinesis offers a more fair price because it is difficult to get a fair market price if you own the asset directly.
Being a supported currency, its value will be closely linked to the price of its support, which when seeing the behavior of those assets (gold and silver) we see that its value is "stable" this gives it an advantage over other cryptocurrencies that they can present variations in their price of up to 20% in just one day.
The fact of being a cryptocurrency supported and, consequently, less volatile, citizens of some countries whose national currency tends to devalue could seek refuge in this cryptocurrency.
We also see the example of the Tether that being directly supported in dollars has become one of the main cryptocurrencies in the world, and when the market is down cryptocurrency merchants seek refuge in cryptocurrencies that are backed to avoid large losses.