What is Kin?
The KIN ERC20 token is a transactional currency and a reward method on the Kin platform. The name is inspired by the word "kinship," as the goal of the Ethereum based platform is to create a widely shared economy ecosystem for everybody's usage. The company building the Kin ecosystem is Kik Interactive, the makers of the Kik messenger app. They are leveraging their experience, resources and user base into creating a widely used cryptocurrency. Kik will be the first app adopting the Kin token. The Kin ecosystem utilizes Kin rewards Engine. It represents an economic incentive for developers to integrate Kin into their digital services and get rewarded proportionately to Kin token usage within their respective service. The quantity of KIN tokens allocated to rewards is determined by Kin Foundation, a non-profit entity who oversees the decentralized Kin ecosystem. Over time, the reward amounts would be distributed automatically.
Fundamental Cryptocurrency Data
|Circulating supply||756,097,560,976 KIN|
|Total Supply||10,000,000,000,000 KIN|
|Trading volume of all markets for this coin||$109,137|
|Kin KIN Prices||
0.00 XAU (= 0.00) grams GOLD
0.00 XAG (= 0.00) grams SILVER
|Marketcap|| 19,165 BTC|
2,777.09 kg gold
218,221.11 kg silver