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Kin Coin (KIN)

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Kin Coin (KIN) is a cryptocurrency made by the Canadian Social Media Company, Kik, in 2017. It is a decentralized blockchain platform that allows content creators and consumers to transact directly instead of relying on advertising revenue to monetize content.

Kik is a social media application that is similar to WhatsApp which allows users to chat, send pictures and videos, and play games. Kik already has a pretty huge userbase with over 15 million users reported to use the platform. The majority of these users are aged between 13 to 22 years old but the demographic is always aging. The benefit that Kik has over its competition is the fact that it is pretty anonymous. You are not required to verify your identity or provide a phone number as verification. Instead any name can be used with an email to secure an account. This anonymity has been praised whilst rival social media companies take advantage of user data to sell to 3rd part advertisers, we only need to look at the Facebook Cambridge Analytica scandal for evidence of this.

The Kin coin will allow all users on the application to pay their favorite content creators and developers directly. Users will be able to support their favorite content creators ranging from written content, art, video games, chatbots and digital collectibles. The token was launched after Kik had raised over $98 million during their 2017 ICO which had been distributed to over 10,000 people. The Kin coin now exists on both the Ethereum blockchain as an ERC-20 token and on the Stellar blockchain. This is to address scalability issues and both tokens are interchangeable and can be transferred via atomic swaps.


CC383 - KIN Vibrant Ecosystem of APPS

22 Sep 2021 1 minute read 0 comments Chesatochi

#kin #APPS ⏰ Time Stamps ⏰ 00:00 Introduction 01:17 The main page of Kin 03:21 Kin APPS 04:37 Kin rewards engine Kin brand himself to be the money for the digital world. You can access a variety of APPS on their website where developers have integra...

Kin Coin 101: Kik Messenger Token

22 Apr 2021 4 minute read 2 comments MintDice.com

The year 2017 was the beginning of widespread fame for a number of cryptocurrencies, thus it should come as no surprise the sheer multitude of ICO’s released that year. So many in fact, that several projects ended up falling through the cracks as inv...

XRP and TRON - What did a trader say?

26 Mar 2021 1 minute read 0 comments Medal182

Monday a trader who did not want to identify himself, spoke about these two cryptocurrencies and their potential. Before starting to talk about them, just to point out, this trader has been gaining confidence for his tips on cryptocurrencies. What he...

KIN Coin & Solana Migration

24 May 2020 1 minute read 0 comments SXNXW

What is KIN? Kin is money for a digital ecosystem of apps and their users. It is design to scale up for mass adoption as app users make millions of microtransactions. Kin have built SDK’s so developers can integrate KIN for Android, iOS, Unity, Pytho...

Kik App to Shutdown and Focus on Kin Cryptocurrency

29 Sep 2019 1 minute read 1 comment Cryptos.com

While Kik remains one of the largest messaging apps in the world with millions of users, it is being forced to shut down after a long legal battle with the SEC over their cryptocurrency Kin. In an official blog post by the founder and CEO, Ted Living...

Giveaway Time! Your Chance To WIN 30,000 $kin

14 Apr 2021 1 minute read 0 comments Spenny

  The kin community is one of the best I've seen and one of the best I am glad to be part of.It's currently oversold and undervalued and I want to bring more people who may have not heard of $kin to get a chance to grab themselves 30,000 kin to get s...