Kin KINSOL
$0.00001 3.07%
Latest Updates
Updated at 02:36$43,851,052.54
#645
$238,778.38 3.35%
-$0.000000458 3.07%
-$0.000001698 11.37%
What about Kin?
Kin is a decentralized cryptocurrency designed for easy integration across mobile and web apps that rewards developers for increased usage. It migrated from Ethereum to Solana blockchain, allowing for swift and minimal-fee transactions.
Kin tokens enter circulation via an incentive-based revenue model called the Kin Rewards Engine (KRE), which rewards developers for creating cryptocurrency-based experiences that lend themselves to the value of Kin. This alternative monetization model re-aligns users and developers around a shared digital economy, where content creators and users are rewarded for the value they bring to the platform.
Kin offers the fastest and easiest path for developers to integrate cryptocurrency within their web and mobile apps, using out-of-the box OS tools and technologies with a wide array of plug-and-play SDKs. Kin’s SDKs remove the complexities of cryptocurrency integration, allowing developers to focus on creating awesome in-app experiences where users can earn and spend their Kin tokens.
The distribution and algorithmic logic of the Kin Rewards Engine is overseen by the Kin Foundation, a non-profit organization based in Canada. Undistributed Kin is held in an institutional-grade treasury that is controlled via a series of vesting periods, inflation guidelines, and fiduciary custody controls that ensure the safe transfer and proper use of funds.
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