Kinesis Rating & Review

updated 12 December 2018

Kinesis has introduced yield-bearing digital currencies, based 1:1 on physical, allocated, gold and silver. Holders of these currencies can redeem the coin and take delivery of the underlying bullion.

Verification pending

Status: ended
Presale: 14 Feb`18-18 Mar`19
Public sale: 10 Sep`18-17 Mar`19
Cap: 300 000 000 USD
Goal: 300 000 000 USD
Price: 1 KVT = 1000.00 USD
Blockchain: Ethereum
Offering type: Utility
Country: Cayman Islands
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Kinesis Rating

ICObazaar experts have given Kinesis rating with 3.8 score.

Our ICO rating evaluates the overall quality and viability of the product, team, and technical implementation behind. It is calculated with a weight-adjusted formula with five factors and a separate industry expert score. Each factor evaluates an aspect of the project and its weight is related to its importance, which was determined by blockchain and finance professionals. Our rating methodology.

Each factor evaluation:

  • Site: 4.5
  • Team: 3.9
  • Project idea and whitepaper: 4.0
  • Technology: 3.0
  • Media: 3.8
  • Users: 3.7

Kinesis review

Summary

The team is working on a platform that will combine cryptoexchange and launch two stablecoins that will be backed up by silver and gold.


Advantages
  • The team uses Stellar blockchain that gives 3000 tps (e.g. Ethereum has only 15 tps)
  • Holders will receive a 20% share of all fees and commissions
  • Strong management, financial and marketing team

Disadvantages
  • The team promises return on investments, however they claim that the token isn’t a security
  • Blockchain development team doesn’t look very strong
  • Roadmap isn’t detailed
  • Little information on technologies used

Verdict

Cryptocurrency market needs stabelcoins. We think that it is very useful, taking into consideration what is happening with Tether. The team has a rich experience in trading and exchanges. Though the team has added a scaring financial metrics, where they promise a return on investments. Despite this fact the project seems to be very promising and useful. In our opinion we should follow this project to see, if some respected VC invest in this project.

Kinesis KVT independent rating & review: 3.8
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Team
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Technology
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Users

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