Unlocking savings with locked KNZS points means using your points to get discounts on purchases at participating Kind businesses. It works like a savings account where you deposit money to earn interest; here, you lock KNZS points to unlock discounts, and your discount becomes your interest.
During the pilot stage, lock KNZS points in-store at participating stores in Amsterdam. Follow these steps:
Each time you lock KNZS points for discounts, a Kind Commission is generated. A part of this goes towards green investments, which helps determine the value of KNZS points. Another portion supports nonprofits voted by KNZS holders, creating benefits for everyone in the Kindnomic ecosystem.
Each locked KNZS point has a base discount value of €1.00 when the green investment value is €1.00 or lower.
No, the minimum locked discount value stays at €1.00, even if the KNZS points value drops below this amount. This ensures consistent savings even during market fluctuations.
If the value of green investments tied to KNZS increases, the KNZS value also rises. You’ll need fewer KNZS points to unlock the same discounts, giving you greater savings.
Yes, Kindnomic is inclusive, letting you participate with any amount of KNZS points. Small amounts can build up over time, providing significant discounts.
Yes, during the pilot stage, you can buy KNZS points for €0.10 each and lock them in with a €1.00 discount value. This helps you accumulate KNZS points and enjoy savings at Kind businesses.
Locked KNZS points are released within 14-60 days after the business confirms your transaction.
This 14-60 day period allows time for any potential returns or disputes to be resolved.
Unlocking savings with locked KNZS points means using your points to get discounts on purchases at participating Kind businesses. It works like a savings account where you deposit money to earn interest; here, you lock KNZS points to unlock discounts, and your discount becomes your interest.
During the pilot stage, lock KNZS points in-store at participating stores in Amsterdam. Follow these steps:
Each time you lock KNZS points for discounts, a Kind Commission is generated. A part of this goes towards green investments, which helps determine the value of KNZS points. Another portion supports nonprofits voted by KNZS holders, creating benefits for everyone in the Kindnomic ecosystem.
Each locked KNZS point has a base discount value of €1.00 when the green investment value is €1.00 or lower.
No, the minimum locked discount value stays at €1.00, even if the KNZS points value drops below this amount. This ensures consistent savings even during market fluctuations.
If the value of green investments tied to KNZS increases, the KNZS value also rises. You’ll need fewer KNZS points to unlock the same discounts, giving you greater savings.
Yes, Kindnomic is inclusive, letting you participate with any amount of KNZS points. Small amounts can build up over time, providing significant discounts.
Yes, during the pilot stage, you can buy KNZS points for €0.10 each and lock them in with a €1.00 discount value. This helps you accumulate KNZS points and enjoy savings at Kind businesses.
Locked KNZS points are released within 14-60 days after the business confirms your transaction.
This 14-60 day period allows time for any potential returns or disputes to be resolved.