what is kin coin?

What is Kin cryptocurrency?
Popular mobile messaging app Kik could be about to attract even more users when it launches its own cryptocurrency – Kin. Founded in 2009 by a group of Canadian university students, Kik was created to break down some of the barriers that existed in the mobile messaging world – namely the fact that chat between Blackberry, Android, and iPhone users wasn’t previously possible. Since then, Kik has become a popular way for friends to connect with one another. It has also caught the eye of investors, raising $120.5 million from firms such as Foundation Capital, RRE Ventures, Spark Capital, and WeChat developer Tencent. The team behind Kik is now turning its attention to the world of cryptocurrencies with the launch

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Popular mobile messaging app Kik could be about to attract even more users when it launches its own cryptocurrency – Kin.

Founded in 2009 by a group of Canadian university students, Kik was created to break down some of the barriers that existed in the mobile messaging world – namely the fact that chat between Blackberry, Android, and iPhone users wasn’t previously possible.

Since then, Kik has become a popular way for friends to connect with one another. It has also caught the eye of investors, raising $120.5 million from firms such as Foundation Capital, RRE Ventures, Spark Capital, and WeChat developer Tencent.


The team behind Kik is now turning its attention to the world of cryptocurrencies with the launch of its own digital coin called Kin.

What is Kin?

Kin is a digital currency created by the Kik team which users can earn and spend inside the app. The coin is still in development, but the intention is for people to earn Kin for contributing to the Kik community, and then spend Kin on goods and services inside Kik.
Kin is similar to other digital currencies that you can earn and spend. Kik Points, for example, let you earn points for watching video ads and then use points for stickers and custom emojis. Candy Crush Gold allows you to buy gold with money and then use gold for game boosters. Line Coins, meanwhile, enable you to earn coins for downloading apps and then use coins for stickers.

As a cryptocurrency, Kin goes a step further than other digital currencies. It has monetary value, which means it can be bought and sold for real money. The Kik team is planning to make Kin available for use in lots of digital services and apps.

Kin, which operates on the Ethereum platform, also lets content creators and developers receive compensation for their offerings, with the goal of fuelling the development of better content and experiences.
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