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About Kin

Kin is a decentralized digital asset designed to integrate smoothly with mobile and web applications. It aims to provide an inbuilt incentive model that rewards developers for encouraging increased usage. Applications developed with Kin aim to create engaging digital asset-based user experiences, where increased engagement leads to shared economic benefits for both users and developers. Initially launched in 2017 as an ERC20 token on the Ethereum blockchain, Kin has since migrated to the Solana blockchain, which strives to facilitate swift transactions with minimal fees. The Kin ecosystem currently includes over 60 million wallets and has distributed over $70M in rewards across more than 60 applications since its inception.

Kin operates through an incentive-based revenue model known as the Kin Rewards Engine (KRE). The KRE aims to reward developers for creating engaging digital asset-based experiences that contribute to the value of Kin. This model seeks to foster a user/developer-centric economy, promoting the adoption of new use cases and the creation of value for a digital asset. It also encourages the exchange of value between users, rather than exploiting user data and attention without any benefit to the users themselves. Kin provides developers with a straightforward path to integrate digital assets within their web and mobile applications, using readily available tools and technologies along with a wide array of plug-and-play SDKs.

Kin seeks to provide a sustainable and fair monetization model that incentivizes the adoption of new use cases and the creation of value for a digital asset. It aims to realign users and developers around a shared digital economy where content creators and users are rewarded for the value they bring to the platform. Kin's SDKs aim to simplify the complexities of digital asset integration, allowing developers to focus on creating engaging in-app experiences where users can earn and spend their Kin tokens. This approach is designed for mainstream adoption, removing the hurdles facing developers and providing a quick, easy, and intuitive digital asset development experience.

Kin was initially launched in 2017 as an ERC20 token on the Ethereum blockchain. It has since migrated to the Solana blockchain, which strives to enable consumer-scale applications to transact swiftly with minimal fees. The distribution and algorithmic logic of the Kin Rewards Engine is overseen by the Kin Foundation, a non-profit organization based in Ontario, Canada. The Kin Foundation controls an institutional-grade treasury that ensures the safe transfer and proper use of funds. The total supply of Kin is capped at 10 trillion, a large number intended to facilitate mass adoption by users worldwide while still transacting in whole-number denominations.

Market

Singapore Market Stats

Market cap

S$74.2M

Volume (24h)

S$546,061.51

Circulating supply

2.9T KIN

All time high

0.00202320999414

Price change (1h)

+0.8%

Price change (24h)

+22.65%

Price change (7d)

+17.9%

Singapore News about Kin

CoinDesk • May 02, 24

Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others

The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon.

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The Defiant • May 02, 24

Saylor Unveils Decentralized Identities on Bitcoin

The identity product will be called Microstrategy Orange and leverage Ordinals

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BeInCrypto • May 02, 24

Benefits Remote Work Brings to Web3, Crypto Companies

Web3 and remote work synergy drives innovation in the crypto sector by leveraging global talent and fostering deeper employee engagement, though not without facing significant challenges like steep learning curves and data security issues.The post Benefits Remote Work Brings to Web3, Crypto Compa...

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BeInCrypto • May 02, 24

MoonPay Integrates PayPal For Easy Crypto Buys

MoonPay now allows US users to purchase cryptocurrencies through PayPal, combining seamless transaction methods with enhanced security, broadening access to over 100 cryptocurrencies.The post MoonPay Integrates PayPal For Easy Crypto Buys appeared first on BeInCrypto.

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DL News • May 02, 24

‘Stars are aligning’ for renewed Bitcoin gains, says hedge fund

Between a relatively dovish Federal Reserve, recovering yen, and dropping oil and commodity prices, Bitcoin is ready to push higher.

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BeInCrypto • May 02, 24

Solana Launches Gaming API on Google Cloud

Solana Labs teams with Google Cloud, launching the GameShift API to simplify blockchain gaming development, aiming for mainstream adoption with easier tech integration.The post Solana Launches Gaming API on Google Cloud appeared first on BeInCrypto.

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Kin is on the rise this week.

The price of Kin has increased by 0.80% in the last hour and increased by 22.65% in the past 24 hours. Kin’s price has also risen by 17.90% in the past week. The current price is S$0.000025 per KIN with a 24-hour trading volume of S$546.06K. Currently, Kin is valued at 98.75% below its all time high of S$0.0020. This all-time high was the highest price paid for Kin since its launch.

The current circulating supply of Kin is 2,935,737,051,545 KIN which means that Kin has as total market cap of 2,935,737,051,545.

FAQ

What is the current price of Kin?

We update our Kin to SGD currency in real-time. Get the live price of Kin on Coinbase.

What is the market cap of Kin?

The current market cap of Kin is S$74.22M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Kin?

The all-time high of Kin is S$0.0020. This all-time high is highest price paid for Kin since it was launched.

What is the 24 hour trading volume of Kin?

Over the last 24 hours, the trading volume of Kin is S$546.06K.

How many Kin are there?

The current circulating supply of Kin is 2.9 trillion.

Can I buy Kin on Coinbase?

No, Kin is not currently available on Coinbase, but you can sign up to get the latest news on Kin and be notified when it gets added to our exchange.