What is Kin?
Kin the blockchain based project that aim to bring new money for digital world economy. Project supports app developer and their consumer for doing small transaction in real world. Kin built to brings newest way to engage, grow and monetize digital community. Kin name referred to kinship that means conveying feel like community together.
Kin bult platform where millions of app developer, content creator and user can earn real value for their contribution. Kin was founded in 2017 by Canada based non-profit corporation Kin Foundation. However, original aim behind launching Kin project is to collaborate, recognize great experience and content. Kin started their journey with Kik in 2010 by launching their chat application, as it was first ever chat app that layer become platform in 2011.
To enable contribution user or developer need to integrate with SDK platform that also means user joined in ecosystem growth. However, all benefit of Kin ecosystem will be rewards from Kin Reward Engine i.e. KRE. As KRE uses economic incentives to bring apps and digital services on the ecosystem. KRE system is inspired from blockchain rewards and Steemit blockchain reward engine. KRE own maximum supply of Kin Token because platform believe in the distribution within community.
Kin Price Prediction
|Month & Year||KIN Price Prediction|
|Based on||App Development|
|All-time high||$0.0014 USD|
|Exchange Platform||Gate.io, Bithumb Global, HitBTC, Fatbtc, BitForex, Stellarterm, Yobit, BitZ, Coinall|
KIN Coin ICO Overview
|Raised by||$48,590,000 USD|
|Date of ICO||24th September 2017|
Kin Price Analysis
KIN currently ranging at around $0.000025 USD and 15% (1518 Billion of KIN)of total supply(10,000 Billion of KIN) is currently being circulated in the cryptocurrency market. KIN was introduced to the market exactly 3 years back in September 2017 with price of 1 KIN at $0.000103 USD.
If we consider difference between All Time High($0.001493 USD) and All Time Low($0.000002 USD) then All Time High is greater than All Time Low by around 7046 times. All Time High of KIN coin lies in Jan 2018(Golden Period of Crypto Market till now) similar many other cryptocurrencies. At the start of this year 2020, value of 1 KIN was around $0.000003 USD and now it has shown bullish trend with 800% growth in last 10 months. If you are looking for very long term investment with good returns in Crypto market then you might consider this KIN coin.
Kin Token possibly helping user and developer for spending real money alternative for incentives i.e. for spending and contribution. However, ecosystem sees huge growth in user and developer that result into recent growth in market cap volume and ranking too. Kin community driven project more likely to introduced new feature and all possible up-gradation in existing system.
Will Kin hit $1?
Not sure but it can take more than 10 to 15 years.
Is Kin a Good Investment?
Kin can be good investment but do your own research.
Kik is one of the most downloaded and popular mobile app where app development not that easy. The Project ultimately transform into platform and now with blockchain technology they are helping developer and user. Kin backing decentralized ecosystem by following community-based platform. in this platform user simply become part of ecosystem with SDK integration for app and games development. In future, kin will be key platform for development of application and games.