What is kin coin

What is kin coin

The idea is for monetization to integrate seamlessly into the app. Users should be able to reward creators simply from their wallets with a few taps. Kin coin is designed to be mobile-first, and a wallet app will arrive in the coming months as well.

Kin is short for kinship, since its aim was to strengthen ties within the kik community. Kik raised around 100 million dollars in the kin initial coin offering (ico) in september 2017.

The purpose of kin is to provide a digital currency for the kik community. Developers who make apps, games, and stickers on kik are rewarded in kin directly by their users instead of having to rely on ad revenue. Kin, in theory, gives kik users more ways to connect and interact with each other.

Kin (kin) is a cryptocurrency launched by the instant messenger service kik which has existed as a freeware app focused on anonymity since 2010. Kin is seen as the foundation of a future alternative ecosystem of digital services.

The kin coin spiked higher in december 2017 and january 2018 along with the rest of the cryptocurrency markets, but has since retreated, although it remains above its ico level. Kin was created as a means for creators to connect directly with consumers, thus removing the need for advertising as a way to monetize content.

Kin (kin) is an ethereum-based token that is the native currency for the kik chat platform. The goal of kin is to use the blockchain to bring communications, information, and commerce together in new ways previously unachievable.

Kik included kin its own cryptocurrency that will serve as a foundation for a decentralized ecosystem of digital services. Kik was inspired by the recent success of bitcoin and decided it was the right time to announce their cryptocurrency as a part to integrate blockchain with social media.

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What is kin coin

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Awards of Community Points will be correlated to “karma” that Reddit users earn from others for, say, posting a smart comment. Reddit will have to be vigilant to make sure the system is not gamed, said Will Price, a data scientist at researcher Flipside Crypto. Reddit is also giving itself 20% of the tokens being distributed, and users may not think it’s a fair trade, he said.

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