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Sunday, September 25, 2022

KYN Capital Group, Inc. (OTC:KYNC) On the Move Northbound as Crypto Operator Set to Release Koinfoldpay

KYN Capital Group, Inc. (OTC:KYNC) has been on the rise as we are now 2 days away from the Company officially releasing Koinfoldpay, a contactless crypto payment gateway for businesses. Koinfoldpay allows your business to receive Bitcoin, Ethereum, Bitcoin Cash, and Litecoin for online payments. If you’re an eCommerce business or freelancer you will gain a competitive edge by enabling cryptocurrency payments on your invoices. Koinfoldpay enables you to seamlessly receive cryptocurrency payments, giving you an advantage and market share today and for years to come. Crypto is the future, as is Koinfoldpay. The Koinfoldpay white-label will allow for companies to use their own brand to accept payments in crypto with the option of using a contactless crypto payment feature. 

Koinfold Pay has integrated with MoonPay. This lets you buy and sell crypto without ever leaving the Company’s platform. Credit card, debit card, ACH payments have been implemented. MoonPay is a safe, secure, and highly trusted crypto exchange that facilitates the processing of all digital coin transactions seamlessly. Whether you are purchasing or selling crypto assets, you can do everything at ease. Responsive desktop and mobile integration, combined with a future proof interface for convenient crypto trading on the go. MoonPay’s identity verification procedure requires the User to provide MoonPay with reliable independent source documents data or information (e.g., national ID, international passport, bank statement, utility bill). 

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KYN Capital Group, Inc. (OTC:KYNC) is a Nevada Corporation re-positioned to be a holding company for acquisitions, entertainment, blockchain, cryptocurrency and touchless payments. The Company’s goal is to combine the expertise of its members to create a cohesive force, which moves the company forward in the marketplace. “We are building companies and products that empower the next generation” – Rick Wilson, CEO

KYNC launched Koinfold™, a future-forward crypto app suite the world will be talking about located at www.koinfold.com. Buying, selling, and storing cryptocurrency has never been this easy and more affordable. Whether you are a seasoned trader or just getting started, Koinfold™ has all the tools you need to buy, sell, or store your crypto securely. Koinfold™ is so much more than just a crypto trading app. It is a full-service crypto/blockchain suite, and we look forward to revealing the other exciting elements in the coming days and weeks. If you’re an eCommerce business or freelancer you will gain a competitive edge by enabling cryptocurrency payments on your invoices. Koinfoldpay enables you to seamlessly receive cryptocurrency payments, giving you an advantage and market share today and for years to come. Crypto is the future, as is Koinfoldpay. 

Earlier this year KYNC reported its long awaited Koinfold™ Debit Card and expects sign ups to begin next month. Additionally, KYN Capital Group will be releasing revenues for the 1st Quarter of 2022 on behalf of its Pay.How beta and progress regarding the acquisition of BW Property Management and its entire suite of tools. The Company has finalized the artwork for its debit card and is now just awaiting final production which is expected to be completed in April. Upon completion, KYN Capital Group will provide details on how its shareholders and clients can sign up to receive their cards and ways to take advantage of unique offers and benefits. 

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Earlier this year KYNC announced the delivery of Koinfold Pay 2.0 to its autonomous 3rd party Security and Quality Control testing group. KYN Capital Group will be releasing Koinfold Pay 2.0 after its 3rd party review and implementation of changes. At KYNC security and privacy are main priorities. The Company’s security policies and measures are constantly reviewed to ensure they are up to date and compliant with the industry standards.  

Blockchain bridges are a crucial piece of the cryptocurrency ecosystem which makes them prime targets for attacks. Successful attacks on “blockchain bridges” have become increasingly common over the past couple of years. The Company’s security team is obtaining visibility into its app security identifying potential weak areas vulnerable to attacks and KYNC is passing this to the app development team to quickly respond to security threats. KYNC will continue to perform static application security testing (SAST) on code changes to detect insecure code patterns as the Koinfold Pay 2.0 app grows and features are added. 

On August 11 KYNC announced it has completed phase 2 of its security audit. With an expected completion of phase 3 within the next week, the Company has a new release date for Koinfold 2.0 by September 1, 2022. Management expects to secure its 3rd party crypto on/off ramp payment processor this week with an announcement to follow. Regarding the Company’s Android and iOS platform versions of Koinfold 2.0, they both have been approved for upload to the Google Play and iTunes App stores. This shall take place upon the final approval from the security audit team in phase 3. 

With Koinfold 2.0 you will be able to display individual’s actual wallet balances, with QR and scan capability, news and social integration, authentication security with update notifications, biometric authentication integration for security, swap features, a public key generator, buy, sell, send, receive crypto and fiat transactions, as well as push authentication notifications. We have added to our NFT feature, direct messaging for users within Koinfold 2.0 

Rick Wilson, CEO stated: “I think the Koinfold 2.0 development is going great. Though some of our initial delivery dates were not accurate, the audit process added time, but it is well worth it. Once this is launched there will be a huge benefit for all users!” 

https://twitter.com/jeff_lien/status/1564612114920181765

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KYNC is moving steadily northbound in recent trading as we are now just 2 days away from the release of Koinfoldpay. The Company is also releasing the Koinfold™ Debit Card which will be directly linked to the users Koinfold pay account. Koinfoldpay allows businesses to receive Bitcoin, Etherium, Bitcoin Cash, and Litecoin for online payments. The Koinfold debit card will be directly linked to the users Koinfold account. The debit card is one more step in the evolution, allowing customers the ability to use their crypto accounts from payments with merchants that are not yet equipped for touchless crypto payment systems such as Koinfoldpay. Currently under heavy accumulation KYNC is priced cheap at less than 10% of recent highs with some big developments taking place. KYNC has been making moves in the crypto space ever since new CEO Rick Wilson took charge, got the Company to “pink current” and retired 400 million unrestricted shares to the company treasury. Mr WIlson is a go getter experienced in the booming crypto space of ICBU and EXMT fame both of which saw significant moves. We will be updating on KYNC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with KNC.

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Disclosure: we hold no position in KYNC either long or short and we have not been compensated for this article.

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