Kinesis has launched the Metalback program

Kinesis has launched the Metalback program

Kinesis Metalback program provides users with the unique opportunity to earn up to 10% Metalback – paid in physical gold – on everyday purchases from over 6,000 leading retailers worldwide.

Through the Metalback hub on the Kinesis platform, users can explore thousands of exclusive savings from global brands such as Apple, Gucci, Lacoste, Ralph Lauren, Samsung, Sony, and many more. Metalback is accessible to users across the United States, United Kingdom, Asia, Europe, the Middle East, and Australia & Oceania.

Features & benefits of Metalback

- Get up to 10% Metalback every time you make online purchases.
- Earn gold deposited into your Kinesis account.
- No fees on your Metalback purchases.
- Pay with your regular card or select from a wide range of payment methods.
- Earn extra gold and silver with a Kinesis card through the Velocity Yield.
- Over 6,000 brands offering exclusive savings.
- Shop across 24 categories, from travel and luxury to entertainment and more.
- Free to join – sign up & verify your Kinesis account to access the Metalback hub.

Check out the full company news article here:

Kinesis Launches Metalback | Kinesis

Offering up to 10% in gold on everyday purchases from over 6,000 retailers worldwide.

kinesis.money

 

[AlM]

With the business in Indonesia growing, Metalback & it looks like the VDC & onramps before year end, 2025 is looking very good, just as things get very harum scarum in the fiat world.

 

[Dante Roman]

View attachment 7237

I hadn't even realised how much MetalBack enhances the referral system!

If VCD fees can rival the best point of sale crypto cards the we could see crypto enthusiasts well

 

[CrypticMystic]

Yes. Exciting things happening all around.
Let's see when VDC and when Kinesis Pro.

 

[AlM]

Ref #99 & fuel, Metalback makes the bumper sticker suggestion come true. I hope they use it. There were others.

G4GG
Gold 4 Gas 'n Groceries

 

[Gary L]

It’s been about a week of me using MetalBack and I will publish my personal activity in this post. My wife has accused me of becoming addicted to this, but I don’t agree with her. These are either gifts or things that I’ve wanted to purchase for some time:
Merchant Item Price (ex GST in USD) %MB $toMe $toMFP

1. PetBarn Medical $121.14 4% $4.85 $4.85
2. Strand Handbag $55.63 3.5% $1.95 $1.95
3. Sennheiser Headphones $246.66 6.5% $16.03$16.03
4. EBay Pruner $134.99 0.6% $0.81 $0.81
5. Global SD Rotisserie $92.70 4.0% $3.71 $3.71

In a week I’ve spent $716.23 USD (inc GST), $651.12 has gone to the merchants, $26.64 to each myself and MFP. $53.28 of capital into the KMS in total.
I don’t intend to spend at this pace, however, I will be using this for travel and quite regularly in general.
Normal spending could easily see $500 to me and $500 to MFP per year.
If 10 Million people spent accordingly that would flow $5Billion USD into the MFP per year and $10B input capital into KMS.
For KVT holders, the MFP input alone equates to $333 per token per year. This is not counting VDC card spending, extra velocity creation of incoming capital, increased uptake of KMS after exposure etc etc etc.
I think I’m using quite conservative figures for 10 Million users, particularly when partners are highly incentivised to get the word out.

 

[AlM]

Get treatment for that addiction, @Gary L !!

Here you go...

 

[Gary L]

Thanks Alex - I’m all booked- now I’ve only got to travel half way across the world. But I’m not addicted.

 

[s5072]

It's been a week and I still haven't received a confirmation email for my purchase on Sock Shop.

 

[Gold]

It's been a week and I still haven't received a confirmation email for my purchase on Sock Shop.

I had issues with chrome and switched to Microsoft and the new transaction were emailed to me. In the process my anti virus has an anti website tracking feature and I switched it off have tried another to see witch one it was

 

[Uchiki]

It's been a week and I still haven't received a confirmation email for my purchase on Sock Shop.

If you haven't already, I would report the specifics to support@kinesis.money

 

[Gary L]

In Vaultside 4 episode, Jai Bifulco mentions that the new and improved VDC will not only have lower fees and be competitive with the best card programs, it will have a cash back (actually another Metal Back) component to all transactions. He said there will be caps, but it will essentially enable us to gain metal back on all everyday expenditure. By using the VDC combined with MetalBack merchants, would give 2 lots of KAU back.

 

[Alexgeo]

If that happens then this by far one of the best VDC programs out there!

 

[Uchiki]

In Vaultside 4 episode, Jai Bifulco mentions that the new and improved VDC will not only have lower fees and be competitive with the best card programs, it will have a cash back (actually another Metal Back) component to all transactions. He said there will be caps, but it will essentially enable us to gain metal back on all everyday expenditure. By using the VDC combined with MetalBack merchants, would give 2 lots of KAU back.

Indeed. Here's the start of that specific section.

 

[Gary L]

If that happens then this by far one of the best VDC programs out there

It’s incredibly generous to the users and I can imagine that word of mouth will be the ultimate driver of uptake. Partners will no doubt ignite participation, but once people get a taste of how good this is, it won’t take long until every user is encouraging their uncle, aunty, cousins, friends and grandparents.

 

[AlM]

Our expectations about how much Metalback and other Kinesis programs may contribute from "developing" countries may need to be revised - upwards!

While watching YouTube - 'Hollywood Reporter India', a comment about the cost for a family of 4 to watch a film, plus popcorn & ice creams at the local *upscale* cinema cost 10,000 rupees = about £90 !

Inflation has been bad, but if people really get using this at scale, watch out.

 

[Tino_Germany]

Yesterday I made my first purchase via Metallback. Is it possible to see a history online? Otherwise I can never prove it if I have questions about a transaction?

 

[Uchiki]

Yesterday I made my first purchase via Metallback. Is it possible to see a history online? Otherwise I can never prove it if I have questions about a transaction?

Some suggestions have been made along these lines.

The current process is that an email will be sent after Kinesis receives confirmation that your purchase is tracking with the merchant. This confirmation is not an instant process and the time will vary between merchants.
You can see some examples of the email that others have posted further up this thread.

If you don't receive this email within a week, I would follow up with Support.
Include a full screenshot of your purchase showing all the details including any order references and the total amount paid.

 

[Schlepti]

Having a dashboard with the history and amount of MetalBack received would be nice.

 

[Uchiki]

Today's email:

PART THREE - The Future of the Metalback Program

We want to share our vision for the Metalback program and the benefits for the Kinesis community as a whole. Looking ahead, we plan to integrate Kinesis Pay and Kinesis Pay merchants into the Metalback Hub.

The future of Metalback:

Pay however you like: Metalback users can spend gold and silver via Kinesis Pay or their everyday bank card and earn physical gold.

Global merchant adoption: Merchants are incentivised to join the Metalback hub and adopt Kinesis Pay to tap into Kinesis’ customer base.

Increased yield generation: The Kinesis community benefits from higher feel pool contributions, transaction volume and enhanced yields.

Read our latest blog to learn our expansion plans for the Metalback program and the impact across the entire Kinesis Monetary System.

Further detail:

Part 3 - The Vision for Metalback: Integrating Kinesis Pay Merchants

In Part 3 of this educational series, Kinesis delves into the vision for the Metalback rewards program and future plans to integrate Kinesis Pay.

kinesis.money

Makes a lot of sense to integrate Kinesis Pay into the program.

• Dip your toe in by opening a KMS account and paying with an external card.
• Progress to using the Kinesis debit card.
• Interchange this with using Kinesis Pay.

 

[Cliff]

Today's email:

PART THREE - The Future of the Metalback Program

We want to share our vision for the Metalback program and the benefits for the Kinesis community as a whole. Looking ahead, we plan to integrate Kinesis Pay and Kinesis Pay merchants into the Metalback Hub.

The future of Metalback:

Pay however you like: Metalback users can spend gold and silver via Kinesis Pay or their everyday bank card and earn physical gold.

Global merchant adoption: Merchants are incentivised to join the Metalback hub and adopt Kinesis Pay to tap into Kinesis’ customer base.

Increased yield generation: The Kinesis community benefits from higher feel pool contributions, transaction volume and enhanced yields.

Read our latest blog to learn our expansion plans for the Metalback program and the impact across the entire Kinesis Monetary System.

Further detail:

Part 3 - The Vision for Metalback: Integrating Kinesis Pay Merchants

In Part 3 of this educational series, Kinesis delves into the vision for the Metalback rewards program and future plans to integrate Kinesis Pay.

kinesis.money

Makes a lot of sense to integrate Kinesis Pay into the program.

• Dip your toe in by opening a KMS account and paying with an external card.
• Progress to using the Kinesis debit card.
• Interchange this with using Kinesis Pay.

Will be nice, when it all comes together Uchiki.
Great vision.