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How to sell KVT to reposition into KAU & KAG

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WhoSMile

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Hi all, congrats on setting up a forum. I remember last time in Telegram I read about an unofficial channel to sell KVT.

Since there is still no news on KVT yields and trading in the latest update, and the next update is 3 months later, I would like to sell my KVT to reposition into KAU & KAG to at least get some holder's yield.

Can any forum moderator able to point me into the right direction? Thanks.
 
Send a private message to Jim ( @Forsytjr ).

Keep in mind that you are already earning yield on your KVT and that accumulated yields will be paid out retroactively once the yield distribution starts. These accumulated yields are tied to the KVT, so when you sell your KVT, the retroactive yield also goes to the buyer, not unlike selling a stock just before it goes ex-dividend.

It is true that KVT yields that have been accumulating are still (much) lower than Holders Yields on the same value in KAU, but Holders yield will not scale with the growth of the system. So keep that in mind for your investment strategy.
 
Troglodytes said:
Send a private message to Jim ( Forsytjr ).

Keep in mind that you are already earning yield on your KVT and that accumulated yields will be paid out retroactively once the yield distribution starts. These accumulated yields are tied to the KVT, so when you sell your KVT, the retroactive yield also goes to the buyer, not unlike selling a stock just before it goes ex-dividend.

It is true that KVT yields that have been accumulating are still (much) lower than Holders Yields on the same value in KAU, but Holders yield will not scale with the growth of the system. So keep that in mind for your investment strategy.
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Oh, thanks for the reply. How do I private message Jim in forum? Or can you send me a link to Jim in telegram?
 
I'd echo the points made by Troglodytes above.

I'd be looking at the catalysts for fee growth rather than specifics on open trading or yield payment - both of those will follow from the fee growth. When the situation is right, I would expect an announcement on either or both - rather than a long trailed aspiration in a quarterly report.
Reviewing the quarterly update, the picture is growing stronger:
  • While Indonesia has been a slow burn, it looks like things are coming together there.
  • The apps have been enhanced with integrations to multiple banks and payment systems.
  • Further integrations planned including Indonesian government employee pension fund, national airline reward scheme.
  • Kinesis Pro trading platform has the potential to add strong fee growth.
  • Kinesis Pay should stimulate native payments of KAU and KAG as it offers lower costs than cards.
  • Virtual card is operational. At this very moment, the Kinesis Virtual Card is available to over 1 billion people across 61 countries.
  • US and then EU physical cards
  • GBP and EUR banking will significantly improve accessibility, with efforts planned in other regions.
  • Cashback voucher scheme is proving popular in the US.

On navigating and using the forum, it would be worth watching the intro videos, which for example covered the Conversation (private message) feature that Troglodytes screenshots show above.

Forum intro video

This short video introduces the forum and how to use it... (4:28) and this shorter one shows how to set alerts. (1:22)
forum.kinesis.money forum.kinesis.money
 
Personally, I think it makes no sense to sell your KVT(s) at this point in time as more and more application options are being rolled out within The Kinesis Model. With the current financial platform with its currencies showing increasing signs of hairline cracks to very large cracks, you are doing yourself a favour by staying put and taking advantage of all the options, which have been worked on for years.
 
The Fonz said:
Personally, I think it makes no sense to sell your KVT(s) at this point in time as more and more application options are being rolled out within The Kinesis Model. With the current financial platform with its currencies showing increasing signs of hairline cracks to very large cracks, you are doing yourself a favour by staying put and taking advantage of all the options, which have been worked on for years.
Click to expand...
I agree, but I think everyone’s risk profile and liquidity needs are different.

The world is in a weird place. I think gold will be incredibly important to own in the next decade, and KVT might be the most leveraged bet on gold and the death of the legacy fiat currency regime.

Of course, it may not pay off, and gold always has value.
 
The reply I get from Jim is as follow:

"Not at that price. The cost for us to mint is about $1200 so that is a cap right now on our buying price. Also we are selling discounted ones at $1150 so we like to get them for less than that."

Kinesis MUST peg KVT to KAU / KAG now.

KVT is starting to look like a bad joke with the unimaginable yield and a slap on the face for initial investor and those who buy at 1800 USD.

And remove the SELL button and also the FAKE buy order in the app and the exchange NOW.
 
WhoSMile said:
The reply I get from Jim is as follow:
Click to expand...
The KVT, as outlined in the original Blueprint and white paper for initial investors, was clearly a speculative investment used to launch the Kinesis system. The first goal was the requirement to sell 15000 KVT without which the system would not have been launched. It was never a pump-and-dump token such as those that allowed early "investors" to make big profits.

I believe that anyone who was an original buyer at $1,000 can sell through C4SM profitably and that you were likely offered a reasonable price.

"Kinesis MUST peg KVT to KAU / KAG now." It would seem from your wish to reposition from KVT into KAU and KAG that there was a certain lack of understanding on your part. The KVT will never peg to KAU/KAG as these 3 tokens have different functions. The 15% of assets that I put into KVT I regard as part of my estate assets, so long as I do not need to sell them to raise capital to live. Their perpetual nature will, I hope, provide in part for my family during the turbulent years to come.
 
"Kinesis MUST peg KVT to KAU / KAG now."

If you want something that is pegged to gold and silver, then you should buy KAU / KAG outright. The whole point of KAU / KAG is that they represent direct ownership of the metal and are therefore always 1:1.

KVT is entirely different. It's a high risk, potentially high return asset that benefits from Kinesis Monetary System itself. It would probably benefit from higher gold / silver prices, but not in a direct way. Higher metal prices are likely to attract more interest in precious metals as an investment and Kinesis would benefit from that. So it is also play in precious metals, but in a different way than for example mines or owning the metal outright. It can serve as an interesting diversifier in the precious metals part of your portfolio.
 
Thanks all for the further elaboration and sorry for my very concise reply. The mix of a PMO where you can earn KVT as low as $1200 yet buy (but not sell) KVT on the exchange for $1800 is an unfortunate but temporary source of confusion.
 
I would also like to point out that most users won't even be able to mint for $1200, because you need to have quite a lot of capital to do it efficiently.

First of all, when minting KAU, you need to mint in 100 KAU lots. That means at current prices you need at least $5300 + fees etc for one cycle. Then you need to mint a minimum of $100k worth of KAU for one KVT, which is at least 19 cycles if you mint with the lowest amount possible. Every cycle cost 0.45% mint fee + 0.22% Exchange fee + $0.27 or so spread between Mint and Exchange + $25 to remit the cash back to the mint for every cycle. So that really adds up if you don't have a lot of free cash to play with.

That said, earning KVT by minting in the PMO will still work out cheaper than buying on the Exchange. And there is a good reason for that: it feeds the Master Yield Pool. It is a primer for the system. It enables users to benefit from the yields while we are still in the startup phase and waiting for organic volume to rise to sufficient levels while cards and partnerships roll out.

So there is currently quite a big gap between Exchange price and Mint price, but this is deliberate and for good reasons. Kinesis prefers you to earn KVT by minting in the PMO rather than buy at the Exchange. But they still offer users who cannot mint or don't want to earn them by minting to buy at the Exchange at a higher price.
 
The original question was how can OP sell KVTs rather than to talk them out of it 🤣🤣
The answer to the question is C4SM or a risky 121 sale.
 
WhoSMile said:
Kinesis MUST peg KVT to KAU / KAG now.
Click to expand...
The KAU's and KAG's are obviously pegged to the wholesale gold and silver prices.
The KVT price is linked to turnover on the Kinesis platform. The KVT price is a function of its yield (KMS activity), the yield growth velocity (Projected activity on the KMS), the perceived risk in the Kinesis project and prevailing interest rates.

Rising metal prices are likely to lead to increased activity on the KMS b/c of increased interest in the metals in general but rising metal prices per say do not necessarily translate into higher KVT yields. If i use the KMS to buy stuff in the shops and the gold price goes up, i will need less KAU's to complete my purchases but overall fiat transaction value will be the same.

The KVT is not a punt on gold and silver prices, it is a punt on the KMS. The rise in the price of KVT's has been artificial but at the same time one could argue a rising price reflects less risk now in the project. Those of us who bought at the very beginning at $750 did so as an act of faith. There was the ABX but as far as Kinesis went it was an idea and potentially it wasn't going to fly. If the turnover goes through the roof in the Exchange so will the value of KVT's - it the Kinesis project were to go to nothing so would the price of the KVT.
 
Sixgun maybe this a good place for you to elaborate on your "KVT is a donation" position..
 
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